Last Wednesday, the rupee depreciated to over 68 a dollar; the Reserve Bank of India (RBI) intervened to help it gain some strength and it closed at 67.35
Category: Export-Import Business/News
Rupee continues its free fall against US dollar: Should India be worried?–Business Today–10.05.2018
After breaching the 67-mark against the US dollar on Monday, the Indian rupee slipped by 7 paise to trade at 67.20 against the USD. The
Oil prices in India could rise after US pull-out from Iran deal | editorials | Hindustan Times–10.05.2018
In the end, President Donald Trump delivered on yet another of his campaign promises by pulling the United States out of the Iran nuclear deal,
Exchange rate: View: The US, by far, has been a bigger currency manipulator than India – The Economic Times–09.05.2018—–*****
The European Central Bank followed the US with its own QE. So did the Bank of England. Every western country printed enormous sums of money,
[ Exchange Rate ] Take the long view | The Indian Express–09.05.2018
The concern is largely fuelled by oil: Brent crude is now trading at around $ 76 per barrel, its highest since November 26, 2014. The
[ Exchange Rate ] Hot-money risks seen rising as India courts ‘bond tourists’ – The Hindu–09.05.2018
A series of measures from the central bank to lure foreign buyers into the country’s short-term debt market could easily backfire, investors fear, exposing the
Rupee’s dancing to more tunes this year – The Hindu–09.05.2018—–*****
The Indian currency has been facing some selling pressure for the last 4-5 weeks, chiefly on the back of rising crude price. The rupee fell
Rupee: What if the rupee hits 70 vs US dollar? Here’s how your life will change – The Economic Times–08.05.2018
What if the rupee hits 70? Rupee sank below the 67 mark today for the first time since February 2017. Experts have been predicting further depreciation. An
Strong dollar, oil keep rupee under pressure – Business Line–08.05.2018
The Indian rupee is continuing to get beaten down. Though the currency opened the truncated week on a positive note, it failed to retain the
Price freeze: on high fuel prices – The Hindu–08.05.2018
The price of oil has been shooting up for weeks now, with Brent crude oil futures hitting their highest level in more than three years on Monday,
Labour pains: Not pushing labour reforms a mistake, but still not too late – The Financial Express–02.05.2018
Given how India is fast losing its competitive edge in exports, and enterprises at home are increasingly automating operations, it is unfortunate the government doesn’t
India’s engineering exports hit an all time high of $76 billion – The Economic Times–01.05.2018
India’s engineering exports have reached an an all-time high of $ 76 billion during 2017-18 , growing by near 17 per cent year on year thanks to
Warnings on the external account: CAD could expand to 2013 levels | Business Standard Editorials–25.04.2018
The government has repeatedly argued that among its major achievements is moving India out of the “fragile five” economies identified during the “taper tantrum” of
Ease of doing business and other silly stuff | Business Standard Column–24.04.2018
The Directorate of Revenue Intelligence (DRI) has started sending summons to a number of exporters. Asking them to appear in person before it, along with details of import made under advance
Supplier to merchant exporter can claim refund of unutilised credit | Business Standard News–24.04.2018
We are supplying to merchant exporter and charging 0.1 per cent IGST. Our ITC is accumulated. Can we file refund application on the grounds of inverted tax
demonetisation: GST roadblocks hit India’s export prospects in FY’18: PHD – The Economic Times–22.04.2018
Roadblocks such as delay in GST refunds and after effects of note ban hit India‘s export prospects in 2017-18 amid a revival in global demand mainly in key markets of
Falling apparel exports – Business Line–20.04.2018
India’s apparel exports have dropped about four per cent to $16.7 billion in 2017-18. This is alarming, as this is the first reversal after years
china us trade war: India may become surprise victim of trade war, says Rabobank – The Economic Times–19.04.2018—–*****
India’s economy will be hit hard by a combination of a global tariff war and the U.S. Federal Reserve’s monetary tightening cycle, according to a
Prabhu promises exporters to take up GST refund issue – The Economic Times–19.04.2018
Commerce and Industry Minister Suresh Prabhu on Wednesday assured exporters of taking up the issue of Goods and Service Tax (GST) refund with the finance
RBI may give freer rein to Rupee as US puts India on monitoring list for currency manipulation – The Financial Express–18.04.2018
India’s addition to the U.S. Treasury’s monitoring list for currency manipulation makes it more likely the Reserve Bank of India will give freer rein to
