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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

Nepal remains largely isolated from the global economy, dependent on aid and remittances. (Photo: AFP)

Nepal benefits from India-China rivalry, gets them to fund railway...

Nepal is funding one of its 3 new rail lines, while the other 2 are receiving aid from India and China.

16 Aug 2017 8:50 PM IST

Nepals Deputy Prime Minister as well as Minister for Foreign Affairs Krishna Bahadur Mahara (L) on Monday called for a peaceful resolution between India and China over the border standoff. (Photo: AFP)

Not in favour of war, resolve border standoff with talks: Nepal to...

Nepal will face dire consequences in case a war between India and China breaks out, halting the trade and supplies from...

8 Aug 2017 8:30 AM IST

The local currency had ended 4 paise higher at 66.67 in yesterdays trade, rising for the second consecutive day.

Gold imports halved; Indian trade deficit slips to USD 13 bn in June

Economists in a poll had predicted that trade deficit would decline to USD 12.5 billion in June .

15 July 2017 2:14 PM IST

Two major Indian conglomerates have bid for supplying key equipment for the strategic Chabahar Port in Iran. (Representational Image)

Two Indian companies bid for equipment supply for Chabahar Port

Work is on to expand the financial eligibility criteria to attract larger participation by players for further bidding.

9 July 2017 4:21 PM IST

The countrys merchandise exports during April-November period of the current fiscal too recorded a growth of 0.10 per cent to USD 174.92 billion.

India likely to host key RCEP meeting in July

Currently the member countries are deliberating upon the single-tier system of duty relaxation under the proposed pact.

27 Dec 2016 3:35 PM IST

President Donald Trump walks Vietnamese Prime Minister Nguyen Xuan Phuc to his car following their meeting at the White House in Washington. (Photo: AP)

Trump signs business deal worth 'billions' with Vietnam

Vietnamese PM Nguyen Xuan Phuc is the first Southeast Asian leader to visit the White House under Trump administration.

1 Jun 2017 11:07 AM IST

To improve ease of doing business, a new scheme of self-assessment-based duty-free procurement of inputs required for exports has been introduced.

India should exploit robust world trade growth in 2018: EEPC

Indian exports for the April-Nov period of fiscal 2017-18 was USD 196.48 billion as against USD 175.41 billion.

28 Dec 2017 3:23 PM IST

International Monetary Fund Managing Director Christine Lagarde.(Photo:AP)

IMF leader warns against trade protectionism

Lagarde cited stronger manufacturing activity in advanced economies and continued robust gains in emerging economies.

12 April 2017 2:48 PM IST

Commerce & industry minister Suresh Prabhu.

Committed to raising India's share in global trade: Prabhu

Prabhu said that both imports and exports contribute significantly to improving the country's GDP.

22 Dec 2017 2:56 PM IST

Photo caption: Under it, C-GST will be levied by the Centre, S-GST by states and I-GST on inter-state supply of goods and services. (Representational Image)

GSTN successfully completes GST software testing

The GSTN portal has also started accepting registrations from new taxpayers from June 25 .

27 Jun 2017 8:47 PM IST

President Donald Trump shakes hands with Indian Prime Minister Narendra Modi during their meeting in the Oval Office of the White House in Washington. (Photo: AP)

Indian industry welcomes Modi-Trump bilateral ties

The commitment to strengthen cooperation to address excess capacity in industrial sectors will greatly benefit Indian...

27 Jun 2017 8:02 PM IST