Back
Home » Business
  •  
    Filmi Bollywood
    • RIP! Akshaye Khanna's Mother Geetanjali Khanna Passes Away At The Age Of 70!
    • Sohail Khan Hosts Birthday Bash For Son Nirvan; Celebs Arbaaz, Malaika, Sonakshi & Others Attend
    • Katrina Kaif Says She Avoids Confrontation: Relates To Her Character From Zero
    • Pictures! Janhvi, Sara, Kriti, Karan Attend Dinesh Vijan’s Classy Cocktail Party
    • Karan Johar Is Spotted Hanging Out With Friends At Popular Juhu Club
    • Shah Rukh Khan’s Tweet To Wifey Gauri Khan Will Make You Fall In Love Him All Over Again!
    • Malaika Arora Seen In An Effortless Chic Look Today: Spotted At Her Fashion Store
    • Priyanka Chopra- Nick Jonas To Go To Switzerland For Their Honeymoon? Read Details Here!
    • Ranveer, Deepika, Rajkummar, Kartik Set The Dance Floor On Fire At Dinesh Vijan's Wedding Bash!
    • ‘Taimur’ Named Movie? Madhur Bhandarkar Apparently Registers 'Taimur' As Movie Title!
    • Newbies Zaheer & Pranutan Talk About Notebook: It Is Beautiful, Colourful And Happy Says Zaheer
    • Sara Ali Khan Talks About Mum Amrita Singh’s Reaction To Kedarnath!
    • ‘Fraud Saiyan’ Releases First Song: Remixed Version Of Hit Urmila Track ‘Chamma Chamma’
    • First Pics From Isha- Anand's Wedding Reception: Kartik Aaryan, Dia Mirza & Others Arrive!
    • First Pics From Isha- Anand's Wedding Reception: Ekta Kapoor, Sunny Deol & Others Arrive!
    • Acclaimed Actors Kalki Koechlin, Jaya Bachchan Attend 2nd Indo-French Professional Meetings
    • Ranveer Singh After Marrying Deepika Padukone: I Highly Recommend People To Get Married, It's Good!
    • Sonam Kapoor Lands Dulquer Salmaan In Trouble With Her 'Weirdo' Driving Video!
    • Deepika Padukone Talks About Katrina Kaif Attending Her Reception; Said THIS About Their Rivalry!
    • After Shahrukh Khan, Riteish Deshmukh To Play A Dwarf In Sidharth Malhotra's Marjaavaan!
Govt Proposes More Import Curbs To Strengthen Battered Rupee, CAD
Good Returns | 11th Oct, 2018 05:22 PM

In order to provide some relief to ailing rupee, which has lost over 14% in value so far this year, and curb ballooning current account deficit, the Indian government is mulling over a proposal to hike import duty on an array of items including plastic, steel, mobile phone parts, furniture, chemicals etc. On September 26, the government increased import duty on 19 non-essential items including ATF.

As per the leading business daily report, the prime minister's office is deliberating to hold a meeting as early as this week in New Delhi to work out measures to curb a rise in trade deficit. In accordance with the RBI's latest data, trade gap widened to 2.4% of the GDP as against 1.9% reported for the quarter ended March.

Other measures such as relaxation in some overseas borrowing procedures also failed to provide respite to the sagging rupee which in today's session reached a new record low of 74.46 per US dollar, but later recovered due to dollar weakness and decline in crude oil price.

The currency is likely to touch 75 per dollar mark by year-end.

Goodreturns.in

   
 
Health and Life
  • 20 Lesser Known Health Benefits Of Basil Leaves, Nutrition & Recipes
  • 20 Wonderful Benefits Of Red Spinach, Nutrition & Recipes
  • 17 Effective Benefits Of Arrowroot For Health, Hair And Skin
    • 20 Amazing Health Benefits Of Watercress, Nutrition & Recipe
    • Cyclic Vomiting Syndrome: Symptoms, Causes & Treatment
    • Pigeon Peas: 10 Health Benefits, Nutritional Value & Recipe
      • 28 Amazing & Effective Home Remedies For Goitre
      • Black-eyed Peas: 12 Health Benefits, Nutritional Value & Recipes
      • Breadfruit: 13 Potent Health Benefits, Nutritional Facts And How To Consume
        • Can Excess Iodine Cause Hypothyroidism? Recommended Usage, Risk Factors & Warnings
        • 12 Benefits Of Bengal Gram (Black Chana Or Garbanzo Beans) For Health
        • 17 Incredible Health Benefits Of Rambutan, Uses, Nutritional Facts & Recipes
          • Liposarcoma: Types, Symptoms, Causes, Diagnosis & Treatment
          • 9 Lesser Known Benefits Of Safflower Oil; Does It Really Aid In Weight Loss?
          • What Is Kefir? Its Types, Benefits And How To Make It
            • Low Urine Output (Oliguria) – Causes, Symptoms, Diagnosis & Long-term Outlook
            • 16 Healthiest Things To Add To Your Daily Tea
            • Ackee: Benefits, Nutritional Value & Healthy Recipes