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RUPEE INVOICING
How companies create fake cash in books, and take investors for a rideCash is the item on a balance sheet that most investors accept without argument. Revenue can be recognised early, inventory can be overvalu...
NRI selling property, shares or gold in India? Here's how you can manage your capital gains tax in a better waySelling Indian investments triggers capital gains tax for NRIs, with rules varying by asset type. Property sales offer significant tax redu...
Banking on gear shift for pickup: After cleaning up bad loans, banks now need a new reform pushIndia's banking sector requires reforms for sustained growth and improved credit access. Banks must grow significantly to meet microenterpr...
ET Prime Special Series: Multibagger or IBC - Part 64: An old 2-wheeler supplier that now earns more from a newer businessAt first glance, this auto ancillary company looks like a conventional two-wheeler supplier. But its business mix tells a wider story. A ne...
Still arguing over the dinner bill? CA says this one habit could be holding you back from building wealthObsessing over small expenses can hinder wealth creation and damage relationships. Financially successful individuals focus on building ass...
Yuan or Dollar? Indian businesses explore alternatives as import costs climbIndian businesses, particularly MSMEs, are hesitant to adopt yuan-denominated settlements despite a weakening rupee. They prioritise locali...
Time for long-term investors to look at them again? 9 NBFC stocks with upside potential of up to 22%The reason NBFC stocks reacted quickly to the easing of the US-Iran war risk is not difficult to understand. For a lender, macro relief tra...
India, Sri Lanka collaborate to strengthen trade interactions through local currency settlement initiativesIndia and Sri Lanka are exploring ways to settle trade using their own currencies. This move aims to cut transaction costs and shield busin...
India, UAE step up efforts to expand rupee-dirham tradeOver 15% of India-UAE trade has been invoiced in local currencies since the rupee-dirham mechanism launched nearly three years ago. Both na...
RBI efforts boost rupee usage, yet global adoption remains limitedDespite RBI's efforts to boost rupee usage in international trade, including Special Rupee Vostro Accounts, its adoption for invoicing and ...
Rupee being increasingly used for imports and exports: RBI reportThe Indian Rupee's use in trade invoicing is growing. Data shows a significant rise in Rupee-based imports and exports. This trend offers p...
RBI flags US-Iran war's impact on rupee, lists measures to manage forexThe Reserve Bank of India, in its annual report, said the rupee weakened nearly 10% in FY26 due to trade uncertainties, a wider deficit, th...
RBI wants rupee internationalisation to support developed economy goalIndia's currency, the Rupee, is beginning its global journey. Exporters are now invoicing in Rupees, a trend expected to grow significantly...
RBI's rupee trade settlement a step towards internationalisation of rupee: ExpertsSpeaking at an event organised by IMC Chamber of Commerce and Industry, RBI's former Executive Director G Padmanabhan said, 'for internatio...
RBI's rupee trade settlement a step towards internationalisation of rupee: ExpertsEarlier this month, RBI had asked banks to put in place additional arrangements for invoicing, payment, and settlement of exports/ imports ...
RBI to take steps to check excessive volatility in forex marketAmid the Re touching nearly 9- month low against the US dollar, RBI said it will continue to take steps to check excessive volatility in th...
- On rupee symbol's first birthday, rupee-denominated deals made easier
A year after the rupee got its Devanagari identity, the RBI has taken the first step to popularise it in international trade.