India has witnessed a massive push to propel the export growth of the SME and MSME segment through various schemes and FTAs, but their financing needs are yet to be prioritised. One of the key factors driving growth in…
The Financial Action Task Force (FATF) is the global money laundering and terrorist financing watchdog, who sets international standards that aim to prevent illegal activities that cause harm to society. The inter-governmental body established in 1989 during the G7 Summit in…
Due to the Russian invasion of Ukraine, European Union has prohibited global transactions with Russian entities using euro-denominated banknotes, while the U.S.A. has also stopped access to the U.S. Dollar. This made India, which continues to trade with Russia, consider reviving…
Exporter and Importer from India entered in arrangement where the goods were shipped to (or received from) the UAE and payments are received (or made) to UAE companies. Such a strategy has been put in place by many Indian companies…
