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…
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…
info@sriyaent.com
+91 9825375241