The Centre on Friday termed as “wild estimates,” exporters claiming that working capital was getting blocked due to delay in Goods and Services Tax (GST)
Category: EXIM
Gold: Commerce ministry against blanket curbs on import of gold – The Economic Times–22.09.2017
The commerce department is against the idea of putting a blanket restriction on import of gold even as surging imports have worsened India’s trade and
Arun Jaitley: Modi government finds a fix for India’s big economic worries; remedial measures likely soon – The Economic Times–20.09.2017
The government may soon unveil a package of measures to speed up growth, generate employment, lift exports and step up investment in infrastructure. A broad
Fast-track GST refund, else Rs 65,000 cr may be stuck: Exporters ask government – The Financial Express–20.09.2017
Council for Leather Exports Vice Chairman P Ahmed said that exporters are faced with challenging times due to GST and need immediate refund of taxes.
Tweak GST rules or exports will suffer: Industry tells Adhia | Business Standard News–20.09.2017
A severe slowdown in foreign orders, combined with a growing liquidity crisis, may get out of hand by the year-end if rules of export under
High forex flows are hiding this rising trend in economy; what you must know about CAD – The Financial Express–19.09.2017
The $25.4 billion of capital inflows into the country, primarily via foreign direct investment (FDI) and foreign portfolio investments (FPI), in Q1FY18 have ensured a
After 12 straight months of growth, exports may face real test Sept onwards | Business Standard News–18.09.2017
The sector has continued raising the issue of the refund mechanism for taxes paid under GST being difficult Despite August export figures jumping by 10.3%
Worrisome trade data | Business Standard Editorials–18.09.2017
The data released last Friday revealed that India’s current account deficit in the first quarter of 2017-18 is at its highest level in four years,
Time for caution – on India’s current account deficit – The Hindu–18.09.2017
India’s external balance sheet may have improved significantly since the infamous taper tantrum of 2013, but there are now signs that warrant more caution from
Export growth hits 10% in August despite GST jitters | Business Standard News–16.9.2017
After single-digit growth in the previous three months, exports rose 10.29 per cent in August, up from 3.94 per cent in July, despite exporters’ woes
Q1 current account deficit widens sharply to 2.4% of GDP, says RBI | Business Standard News–16.09.2017
India’s current account deficit (CAD) in the first quarter ended June soared to a four-year high of $14.3 billion, or 2.4 per cent of gross
Widening trade gap drives up current account deficit to 2.4% of GDP in Q1 | Business Line–16.09.2017
The current account deficit (CAD) increased to $14.3 billion, or 2.4 per cent of gross domestic product (GDP), in the first quarter of the current
GST hits exporters’ order book hard; 15% drop till October: FIEO | Business Standard News–16.09.2017
Two months after the roll out of the goods and services tax (GST) regime in July, the order books of exporters are said to have
GST: Exporters seek clarity on incentives under GST – The Economic Times–14.09.2017
Exporters say they’re facing difficulties owing to ambiguity about benefits continuing under goods and services tax (GST) from the previous tax regime and queries
GST woes: Exporters allege no duty drawback refund from states | Business Standard News–14.09.2017
State governments have effectively stopped paying tax refunds under the duty drawback scheme (DDS), compounding their liquidity issues, say exporters. Since the Goods and Services
Pulses prices collapse: Here is what really caused this outcome to pass – The Financial Express–13.09.2017
An increase of around 12%, on average, in the minimum support price (MSP) of five pulses in agricultural year 2016-17 should normally have boosted both
Exporters in serious financial crisis due to GST refunds delay | Business Standard News–13.09.2017
Exporters are under very serious financial problems due to draining up of funds and liquidity crisis as GST refunds were not coming to them as
As incomes rise, exporters pay the price of development | Business Line–13.09.2017
The good news is that India’s per capita income has gone up, and stayed up. The bad news, going by a recent notification of the
It may not be feasible to have a weak rupee: HSBC India’s Hitendra Dave | Business Standard News–11.09.2017
How is HSBC India doing and what is the perception of India among foreign investors? There are challenges to the economy. One of the things
Rupee overvaluation fallacy | Business Standard Column–11.09.2017
The unexpectedly low gross domestic product (GDP) growth of 5.7 per cent for the first quarter of 2017-18 and the prospect of a growth rate