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Mr Gupta said that exports should be out rightly kept out of the purview of GST as paying the tax first and getting refund is cumbersome and is affecting exports.

Govt should focus on boosting exports, import curbs may not help...

Trade deficit soared to a near five-year high of USD 18 billion in July, but dipped slightly at USD 17.4 billion in...

15 Sept 2018 3:49 PM IST

However, before imposing curbs government is analysing how these measure will be challenged in WTO or will these be WTO compliant.

Non-essential imports to be curbed, says Garg

Centre likely to levy higher import duty on steel items.

20 Sept 2018 1:34 AM IST

Persistent gold buying by local jewellers at domestic spot market stoked uptrend. (Photo: PTI)

Gold imports jump over 2-fold to $13.35 billion in April-July

Gold imports, which has bearing on CAD, stood at USD 4.97 billion in April-July 2016-17.

15 Aug 2017 11:26 AM IST

On interrogation, it was found that Md. Arif got the gold biscuits from a passenger named Jafar, who had come from Dubai. (Photo: ANI)

Govt hikes gold bond investment limit to 4 kg per fiscal

Target mobilisation under the scheme was Rs 15,000 crore in 2015-16 and Rs 10,000 crore in 2016-17.

27 July 2017 9:41 AM IST

GDP stands for Gross Domestic Product.

CAD to widen to 1.3 per cent of GDP in 2017: Nomura

Current account deficit soared to USD 3.4 billion of GDP in 4th quarter of 2016-17 from USD 0.3 billion.

18 July 2017 1:01 PM IST

GDP stands for Gross Domestic Product.

CAD expected to be around 1.4 pc of GDP in 2017: Nomura

For the full fiscal 2017, CAD narrowed to 0.7 per cent of GDP compared to 1.1 per cent in the previous fiscal.

16 Jun 2017 3:52 PM IST

GDP stands for Gross Domestic Product.

CAD to widen significantly to 1.6 pc of GDP in 2017

Overall, the trade data suggest that stronger global demand and higher export prices are driving the exports recovery.

17 April 2017 11:47 AM IST