Lowering of INR against Dollar

How exchange rates are determined?

Market forces, like demand and supply fluctuates the exchange rates within the economy. In case of US Dollar to INR, if demand of US dollar increases against INR then rate of USD against INR will also increase but there are many factors which affect market condition or market forces.

Volatile Market

When market becomes volatile investor tries to withdraw their funds from the market till the market become stable and when US investors start withdrawing their funds then the demand of dollar suddenly increases which leads to the appreciation of USD.

Analysis Report - eClerx

eClerx

About The Company

eClerx Services Limited founded in 2000 is a leading knowledge process outsourcing company providing operational support, data management and analytics solutions to over 30 Fortune 500 companies. Its Headquarter is in Mumbai and has five delivery centers across India to support a diverse global client base. The company was founded by Anjan Malik and PD Mundhra who identified significant opportunity in the outsourcing marketplace for a “virtual” outsourced services model for large global organizations going through rapid business and technology transformation. Its India’s first publicly listed KPO company and since 2007 the company is publicly listed on both the National and Bombay Stock Exchanges in India.

GST : One Country One Tax

Introduction

"Goods and Services Tax" would be a comprehensive indirect tax on manufacture, sale and consumption of goods and services throughout India, to replace taxes levied by the Central and State governments. Goods and services tax would be levied and collected at each stage of sale or purchase of goods or services based on the input tax credit method. This method allows GST-registered businesses to claim tax credit to the value of GST they paid on purchase of goods or services as part of their normal commercial activity. Taxable goods and services are not distinguished from one another and are taxed at a single rate in a supply chain till the goods or services reach the consumer.

Balance of Trade

The balance of trade is the net difference between the value of exports and imports, if value of exports is more than value of import then it is known as trade surplus (foreign exchange increasing) and if value of import is more than value of exports then it is known as trade deficit (foreign exchange decreasing).Balance of trade also known as commercial balance and net export.

                       

Balance of trade = Value of exports – Value of imports

India balance of trade

Balance of Trade in India is reported by the Ministry of Commerce and Industry, India monthly.  India Balance of trade from October 2014 to September 2015. 

Impact of GST on Economy

Impact of GST on Economy

What is GST ?

• The Goods and Services Tax Bill or GST Bill, formally known as The Constitution (One Hundred and Twenty-Second Amendment) Bill, 2014, suggests a national Value added Tax to be implemented in India from April 2016.
•  It was introduced in Lok Sabha on December 19, 2014 by Finance Minister Arun Jaitley.
• GST is an indirect tax on manufacture, sale and consumption of goods and services all over India and it will replace taxes implemented by the Central and State governments. It would be levied and collected at each stage of sale or purchase of goods or services based on the input tax credit metho.