India needs a sweeping overhaul of its import tariff structure and customs administration to reduce trade costs, strengthen manufacturing competitiveness and revive export growth, think tank GTRI said ...

Expectations that import substitution in India might succeed this time around are premised on the twin assumptions that the policy is being implemented in a very different environment from the past ...

New Delhi: The Reserve Bank of India overhauled decade-old foreign exchange rules, bringing exports and imports of goods and services under a unified regulation to simplify procedures, ease compliance ...