With the RBI’s temporary relaxation on small-value shipping bill closures expiring on 31 March 2025, experts stress that periodic extensions are not a sustainable solution With India's ecommerce ...
RBI notifies new FEMA export-import regulations effective October 1, 2026, tightening reporting timelines for banks and ...
Exporters face charges on each shipping bill closure, often losing 50 to 60 per cent of the shipment value to banking and compliance fees India’s ecommerce exports are poised to contribute ...
Mumbai, May 26 () RBI today said exporters can be put on a "caution" list in case the trader is not making any efforts for realisation of export proceeds or on the recommendation of investigative ...
Mumbai, Oct 1 (PTI) The Reserve Bank on Wednesday announced a host of measures to help exporters tide over challenges posed by the imposition of 50 per cent tariffs by the US administration on Indian ...
The Reserve Bank of India (RBI) on July 11 released the draft norms for Closure of Shipping Bills in the Export Data Processing and Monitoring System (EDPMS) to address the issues related to ...
New Delhi: The Reserve Bank of India (RBI) has eased the Merchanting Trade Transaction (MTT) rules by extending the time period for outlay of foreign exchange from four to six months and also ...
After contracting for six months in a row, India’s exports grew by 5.27 per cent year-on-year to $27.4 billion in September while trade deficit narrowed to a three-month low of $2.91 billion. The ...
Textile exporters fear that their names might figure in the Reserve Bank of India’s caution list after April 20, 2017 deadline - set for updating the shipping bills by banks - for no fault of theirs.