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Exports decelerates for 17th straight month to $20.25 bn; April trade deficit halves

May 14, 2016

Exports decelerates for 17th straight month to $20.25 bn; April trade deficit halves

Imports too dipped by 23.1 percent to $25.41 billion in the month under review as against $33 billion in April 2015 #petroleum products #exports #imports #Trade Deficit #engineering goods
CEA Arvind Subramanian says petroleum products would be out of GST purview for now

Dec 28, 2015

CEA Arvind Subramanian says petroleum products would be out of GST purview for now

CEA says GST council would decide for how long these products would be out of the new taxation regime #petroleum products #Arvind Subramanian #CEA #GST Bill #FM Arun Jaitley
Petroleum products should be under ambit of GST, says Pradhan

Dec 07, 2015

Petroleum products should be under ambit of GST, says Pradhan

Pradhan said in principle, the petroleum products should come under the ambit of the proposed Goods and Services Tax but a final decision would be taken when the state governments come on board on it. #Economy #NewsTracker #Petrol #petroleum products #GST #NDA #Dharmendra Pradhan
Exports still in low gear, drop 17.5% in October

Nov 16, 2015

Exports still in low gear, drop 17.5% in October

The trade deficit during the first seven months of the current fiscal has shrunk to $77.76 billion as against $86.26 billion last fiscal. #Economy #Gold #NewsTracker #Iron ore #petroleum products #Engineering #Trade Deficit #commerce ministry
States against inclusion of petroleum, liquor in GST. Here's why

Oct 21, 2013

States against inclusion of petroleum, liquor in GST. Here's why

While the centre wants liquor and petroleum products should come under the GST, states are keen to retain their power to tax these items as they are major sources of revenue. #petroleum products #GST #taxes #Liqour
Jaya takes pot shots at Cong, says 'hand' betrayed TN

Mar 28, 2013

Jaya takes pot shots at Cong, says 'hand' betrayed TN

"That Hand (Cong) not only reduces kerosene allocation to the state but also jacks up the prices of petroleum products frequently," J Jayalalithaa said, apparently referring to the Congress. #Tamil Nadu #Congress #J. Jayalalithaa #PMK #TheySaidIt #petroleum products #Kerosene
Govt's good economic policies will give strength to good politics: PM

Nov 09, 2012

Govt's good economic policies will give strength to good politics: PM

Prime Minister Manmohan Singh today justified recent "difficult" decision to hike prices of petroleum products and asked Congress cadres to have confidence in these measures arguing that these were necessary. #Manmohan Singh #GDP #Congress #FDI #fiscal deficit #WhoSaidWhat #petroleum products
Infra sector growth at 7-month high of  5.1% in Sept

Nov 01, 2012

Infra sector growth at 7-month high of 5.1% in Sept

Annual growth in the eight core sector industries more than doubled to seven-month high of 5.1 percent in September on good production in coal, cement and petroleum refinery sectors. #Numbers #steel #petroleum products #core sectors #infrastrucutre
FM for correcting price distortion of petro products

Oct 17, 2012

FM for correcting price distortion of petro products

Chidambaram said that since India imports about 75 percent of its crude oil requirement, the current account deficit (CAD) has widened and the rising subsidy bill increased the government's fiscal deficit. #Petrol #TheySaidIt #Chidambaram #petroleum products