Many readers of this column have sent in queries in response to my article on dee-med exports last week. I try to clarify some of these, in this article. 


T N C Rajagopalan: Deemed exporters and notifications

Business Standard

The availability of certified and quality seeds has grown by 6 per cent to over 13.22 million quintals in the current fiscal year against 12.3 million quintals in the previous year. 


6% more seeds in 2004-05

Nobel laureate Amartya Sen lauded the UPA government's efforts at attacking the basic assumptions of the Indian economy, by re-examining the economic policies governing the unorganised sector.


Amartya happy with UPA policies

On Saturday, the finance ministry sprang a surprise on pharmaceutical manufacturers by changing the basis of valuation and brought clearances to a halt. 


T N C Rajagopalan: Notification through select websites

After a lot of dilly-dallying, the service tax department has notified the service tax on goods transport agencies. 


Service tax and transporters

The government today said that the oil companies to come up with a strategy for parallel marketing of kerosene and cooking gas to reduce the price gap between the domestic and commercial segments.


Parallel marketing for kerosene mooted

SC okays dismissal of Bharat Forge employee.


Sleep your way to the pink slip

Press Trust of India

The Director General of Foreign Trade (DGFT) has rectified the mistakes in the provisions relating to deemed exports. Indeed, he has facilitated the deemed exports even further. 


T N C Rajagopalan: Deemed exporters get a sweetener

The Commerce Ministry has proposed a reduction in the basic Customs duty on scotch whisky to 75 per cent from the current bound and applied rate of 150 per cent for bottled imported spirits in the

Tax cut may add fizz to whisky

Soil scientists have suggested the creation of vegetative coastal shelter belts as the best way to minimise the impact of natural disasters like tsunami. 


Green cover for coastal soil quality mooted

The opening day of the five-day-long annual meeting of the World Economic Forum (WEF), which began here on Wednesday, was marked by French President Jacques Chirac mooting four controversial proposals

Chirac calls for more aid to poor states

For the second time in a week, the joint secretary (DBK) gave a hint about possible replacement of Duty Entitlement Passbook (DEPB) scheme by April this year with a broad-based scheme, All Industry

T N C Rajagopalan: Why drawback rates were revised

India has rejected offers made by developed countries to create another small group of advanced developing countries for purposes of further negotiations on contentious issues coming up during the

India spurns US offer for `elite` grouping

The laws of economics say that the demand for any commodity goes down when its price rises. There are substantial exceptions to the rule in India (real estate and gold) but it holds true by and large. This doesn&rsquo;t seem to be happening at Worli Way Service Station, a fuel station at a busy junction in downtown Mumbai. Diesel prices went up 45 paisa on every litre a few days ago, yet, claims Rajeev Matoo, the owner of the station, sales have climbed 12 per cent.

Diesel drama

The mood of businessmen engaged in trade between India and Pakistan is once again sombre. The recent tensions and transgressions at the Line of Control (LoC) have impacted trade relations between the two countries.

One step ahead, two steps back

The country's savings rate, considered as one of the biggest economic strengths, is set to plunge to a 10-year low of 27% by end of this fiscal, Japanese brokerage Nomura has said.

'India's savings rate to plunge to 10-year low this fiscal'

Though quite early, some private forecasters have expressed the possibility of a normal southwest monsoon in 2013 because of initial favourable global weather patterns.

Private forecasters predict normal monsoon in 2013

They get top bracket salaries, have all the wisdom in the world about which way the economic wind is blowing, and the markets supposedly listen to them. A Morgan Stanley report released today, however, begs to differ.

Market's collective wisdom superior to analysts'

Claims for US unemployment benefits increased more than forecast last week, nearly erasing a slide in the prior two weeks and reflecting the difficulty of adjusting the figures for swings at the start of a year.

Jobless claims in US rose 38,000 last week to 368,000

Oil companies are struggling with excess import of liquefied petroleum gas (LPG) and contemplating several measures, including deferring offloading of stocks in Indian ports and fresh onloading overseas, following a sharp 5-6% fall in the demand&nbsp; for the fuel across the country since September 2012.
The decline in demand has been on account of the introduction of the ceiling on the number of cylinders that can be given to households at subsidised rates, and the high price of LPG over and

Oil firms face glut as LPG demand falls sharply

Global depository receipts (GDRs) and American depository receipts (ADRs) are suddenly in the news. The government recently wrote rules to regulate pricing and to protect the Indian stock market from

Balance protectionism and control of GDRs

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