All the exporters seeking benefits under the Interest Equalisation Scheme w.e.f 01.05.2023 are required to submit an Acknowledgement consisting of UIN which would be associated with a particular bank only for a ONE-TIME disbursement. The beneficiaries of this scheme are…
The existing FTP 2015-2020, which is valid up to September 30, 2021, is extended up to March 31, 2023. The upcoming review of the FTP policy is based on the government’s target to achieve $2 trillion in exports by the…
India has been slowly but surely making progress toward digitizing its international trade. Digitization has made it easier to conduct and monitor international trade, resulting in a more efficient and streamlined process. Digitalization plays a key role in building resilience…
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…
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…
The event was organized by FIEO on Capacity Building Programme: Awareness Programme on Exports India@75 - District As Export Hub. One of the Topics at the event was Trade Compliance under RBI Guidelines Trade compliance, unlike any other compliance, be…
Session on Regulation with EDPMS and IDPMS with the Industry in association with Princeton Academy at Mumbai. This session was enlightening, as the issues faced by the industry with various operational issues in compliance with InternationalTrade RBI regulation. The reason…
As per Indian figures, bilateral trade during April 2020-March 2021 amounted USD 8.1 billion. Indian exports amounted USD 2.6 billion while imports from Russia amounted USD 5.48 billion. For the same period, as per Russian figures, bilateral trade amounted to…
Supply chain finance (SCF) is a solution that facilitates lower financing costs and improves business efficiency for buyers and sellers in a sales transaction. Unlike traditional lending institutes, SCF is an avenue for collateral-free financing in the form of invoice…
info@sriyaent.com
+91 9825375241