In today's globalized economy, individuals and businesses often seek opportunities to invest and expand their financial horizons beyond their home country's borders. Three key elements come into play when venturing into foreign investments: the EB-5 visa program, the Foreign Exchange…
DGFT tells Banks to push foreign trade in Rupee - Banks are reluctant to Catch 22 for Exporters Banks are being nudged to popularize the settlement of cross-border trade in the rupee. Due to the Russian invasion of Ukraine, European…
The event was organized by FIEO on Capacity Building Programme: Awareness Programme on Exports@75 India - District As Export Hub, Valsad. One of the Topics at the event was Trade Compliance under RBI Guidelines Trade compliance, unlike any other compliance,…
RBI's Proposed Easier Write-off Norms: A Boost for Exporters Facing ED Notices In a recent development, the Reserve Bank of India (RBI) has advocated for more relaxed write-off norms, specifically in light of the Enforcement Directorate's (ED) notices issued to…
Developed countries imposing carbon tax would affect India. India has been making tremendous efforts to be a five-trillion-dollar economy where thrust on exports is major for a boost to its economy. It has been making substantial efforts to increase its…
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 two-day workshop on New Age Banking was a transformative experience that delved into the latest trends and innovations shaping the financial landscape. Participants had the opportunity to gain insights into cutting-edge technologies, strategies, and regulatory developments influencing the banking…
The fintech revolution is likely to spur digital lending in India, which is expected to surpass traditional avenues of lending by 2030, a report showed on Tuesday. This will be driven by unsecured small-ticket size segment and the secured collateral-based…
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…
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