The rupee is rapidly hurtling towards the 75 mark against the dollar. Far from its economic rationale, a falling rupee is often seen as a
Category: Export-Import Business/News
For a change, a useful and needed circular | Business Standard Column
The Central Board of Indirect Taxes and Customs (CBIC) has issued a very useful circular, 38/2018-Customs, dated October 18. It is on procedure in cases
No time limit prescribed in law for amendment of shipping bill: Expert | Business Standard News
We made shipments in January 2018 to June 2018 under advance authorization and now came to know that inputs mentioned in the advance authorization can
View: Rupee has slipped way too much and needs to be reined in – The Economic Times-R
By Abheek Barua The oldest trick in the high school debater’s book is to make the opponents’ propositions appear so risible that the judges are
Lessons for RBI from the shocking Rupee slide and questions it has raised – The Financial Express-R
Many were then quick to credit the new inflation-targeting monetary policy regime introduced by former Governor Rajan to tame inflation and preserve “both internal and
‘Input tax credit refund available for zero rated export of exempted items’ | Business Standard News
Q. We are a “hospital service provider” registered under GST. We wish to procure capital goods, both imported and indigenous, under EPCG authorisations, as we
Despite challenges, exports will reach new high this fiscal: Commerce Secretary – The Hindu BusinessLine-R
Despite many challenges, including issues like protectionism adopted by some developed countries, India’s exports this fiscal will witness a record high. “Given the export growth
Rising outward remittances | Business Standard Column
In the current debate over how India’s current account deficit has widened and what measures need to be taken to keep it under check, there has often
Rupee fall, high NPAs still cause for concern, says former RBI Guv Bimal Jalan – The Hindu BusinessLine-R
Terming the Modi government’s performance as a mixed story, former RBI Governor Bimal Jalan on Sunday said the declining value of rupee and high non-performing
To boost exports, expedite GST refunds–Economic Times
Although the marginal dip in September exports, over the year-ago figure, is statistical, there is every reason to remove one major hurdle to export growth:
Government prepared to increase dollar reserves if needed: Subhash Chandra Garg – The Economic Times–R
We have already had one round of measures on the rupee. Do you think a second round of measures is required where we raise dollar
CAD Worries: Not By More Import Curbs
Finance minister Arun Jaitley did the right thing by reassuring the investor community that the government is mindful of the current account deficit (CAD) and
The exchange rate is the shock absorber | Business Standard Column
Foreign capital inflows finance the gap between investment and savings. The exchange rate is the price that adjusts to ensure that the capital inflow is exactly as large
[ Export Promotion ] Opaque policies breed lobbying, corruption | Business Standard Column
In a surprising move, the government has doubled the rewards for dairy products under the Merchandise Exports from India Scheme (MEIS). The rates for items such as cheese, skimmed
exports: All is not good for exports with rupee depreciation: FIEO – The Economic Times
Depreciation is increasing cost of imported capital goods, inputs and various services used by exporters paid in foreign currency particularly the freight charges as shipping
Market: Use all your weapons to stem rupee slide: Jamal Mecklai, Mecklai Financial Services – The Economic Times
It is not just this government’s fault, nobody has really focussed single-mindedly on building exports. Jamal Mecklai, CEO, Mecklai Financial Services, makes a straight pitch
CII suggests 12 ways to control current account deficit, rupee fall – The Economic Times
CII has suggested incentives for foreign currency non-repatriable (FCNR) accounts, NRI bonds and a special dollar window for oil companies The Confederation of Indian Industry
Why Raghuram Rajan is wrong on credit guarantee trust for MSMEs bringing next set of NPAs – The Financial Express
Mohammad Mustafa Last month, as part of replies submitted to the estimates committee of the Lok Sabha, former RBI Governor Raghuram Rajan had warned about growing contingent liability at
RBI monetary policy review: Why a classic interest-rate defence for rupee will backfire – The Financial Express
Given how the rupee has been steadily depreciating—6% since the last policy—most expect RBI to raise repo rates later this week. A classic interest-rate defence is supposed
Oil marketing companies can borrow working capital from overseas now – The Financial Express
The domestic currency touched a low of 72.41 against the greenback intra-day before recovering it to close the session at 73.34. The Reserve Bank of
