High Import Duty on CPVC Pipe Industry imposed
Posted on 25 Feb 2020The Indian government has imposed an anti-dumping duty (ADD) on CPVC resin/compound imports from China and Korea for a period of five years (valid up to February 2025). The quantum of d..
Read More India Fiscal Data Dec'19 Analysis - CAD compression, BoP expansion continues
Posted on 02 Jan 2020India’s current account deficit narrowed to 0.9% of GDP (USD 6.3 bn) in Q2 FY20 from 2.9% of GDP (USD 19.1 bn) in Q2 FY19. After netting out capital account flows, the accompanyin..
Read More India Jan'20 Trade deficit - expands to 7-month high
Posted on 18 Feb 2020India’s trade deficit expanded to US$ 15.2bn in Jan’20 from US$ 11.3bn as exports fell at a faster pace than imports. Some improvement in domestic demand is also seen with n..
Read More India June'20 trade balance - surplus once again!
Posted on 21 Jul 2020
India’s monthly trade balance swung into its largest monthly surplus on record in June.Data show that the monthly goods trade balance flipped from a deficit of $3.2bn in M..
Read More India May'20 Trade balance review - exports recover faster
Posted on 18 Jun 2020
India’s trade deficit narrowed sharply to US$ 3.2bn in May’20 from US$ 6.8bn in Apr’20. The MoM improvement was driven by a sharp recovery in exports from a decline ..
Read More India Oct'19 Trade balance analysis - Imports see a sharp dip, exports steady
Posted on 18 Nov 2019India’s trade deficit in Oct’19 remained steady at US$ 11.1bn versus US$ 10.9bn in Sep’19. Exports fell by (-) 1.1%. Pharma, gems & jewellery and engineering goods..
Read More Withdrawal of MEIS impact can be severe if delayed beyond Jan-2021
Posted on 07 Sep 2020The government on 1st September, 2020 capped the benefits under the Merchandise Export from India Scheme (MEIS) at Rs 2 crore per exporter on exports made between 1st September to 31st ..
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