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RBI eases forex rules for services exports and importsThe changes form part of the Foreign Exchange Management (Export and Import of Goods and Services) which came into effect from October 1, 2...- India must rethink cross-border payments beyond corridors, put customers first: DeloitteA shift from corridor-led expansion to customer-centric design forms the core principle needed to drive the next stage of India's cross-bor...
- RBI asks banks to clear old trade and payment mismatchesThe RBI has asked banks to resolve long-pending mismatches between trade and payment records worth thousands of crores. Banks must verify d...
- MSMEs play key role in economic growth, employment generation: RBI DGReserve Bank Deputy Governor Swaminathan J highlighted the vital role of MSMEs in India's economic growth. He affirmed the RBI's dedication...
- EEPC India lauds reforms by RBI to ease compliance burden for small exportersThe RBI has eased Merchanting Trade Transaction rules, extending foreign exchange outlay to six months, and simplified EDPMS/IDPMS entry cl...
- Forex rules relaxed to help export, import processingIn another relief, RBI has simplified the closure of small-value transactions. The earlier relaxation for exporters under the Export Data P...
- RBI measures to improve credit flow, strengthen balance sheet of banks: BankersThe Reserve Bank of India unveiled measures to expand credit flow, strengthen bank balance sheets, and enhance ease of doing business, rece...
- RBI announces measures to help exporters amid high US tariffsThe Reserve Bank of India announced steps to support exporters. This action addresses challenges from US tariffs. The RBI extended the repa...
- Compounding rules eased to speed up FEMA casesThe finance ministry has raised monetary limits for compounding contraventions under FEMA and introduced electronic payment options. Cases ...
- TreZix integrates with Centre's ULIP initiative to solve reconciliation issues faced by exporters, importersThe TreZix platform is expected to ease processes like the bill of entry and shipping with the help of ULIP data.
- Yes Bank launches a digitised trade finance solutionThe integrated product uses robotics process automation and helps in eliminating the requirement of documents submission for import and exp...
- We still remain very upbeat on India: Muhammad Aurangzeb, JP MorganThere could be some short-term growth implications due to developments such as the GST roll-out.
- Less paper work for customs clearance from December 1Air Cargo Complex, ICDs and CFCs have been asked to issue Public Notice saying that importers and exporters would not be required to submit...
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