Tag: foreign trade

Goods exports dipped 2.6% in September, but a $4 billion upgrade to August tally lifts outlook

Posted on By admin
Goods exports dipped 2.6% in September, but a billion upgrade to August tally lifts outlook

Goods exports dipped 2.6% from last September to hit a three-month low of $34.47 billion. File image for representation. | Photo Credit: C.V. Subrahmanyam Even though goods exports declined for the seventh time in eight months in September, India’s weak foreign trade performance so far this year appeared to be turning around as per data…

Read More “Goods exports dipped 2.6% in September, but a $4 billion upgrade to August tally lifts outlook” »

Business

GST Council lifts tax blockages for rupee trade 

Posted on By admin
GST Council lifts tax blockages for rupee trade 

Finance Minister Nirmala Sitharaman. File | Photo Credit: PTI Amid the sustained slump in India’s exports, the Goods and Services Tax (GST) Council has cleared a few measures to boost foreign trade, including enabling tax credits for services exporters receiving payments in rupees, critical for trade with countries like Iran and Russia that face global…

Read More “GST Council lifts tax blockages for rupee trade ” »

Business