US EditionRBI's Extended Repatriation Timeline Eases Exporters' Burden Amid US Tariff Challenges
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12 Articles
RBI's Extended Repatriation Timeline Eases Exporters' Burden Amid US Tariff Challenges
RBI's Extended Repatriation Timeline Eases Exporters' Burden Amid US Tariff Challenges The Reserve Bank of India (RBI) has extended the repatriation period for exporters from nine months to 15 months, responding to stress caused by steep US tariffs on Indian goods. This decision, aimed at easing exporters' burdens, follows the Foreign Exchange Management Regulations amendment.The Federation of Indian Export Organisations (FIEO) welcomed the RBI'…
RBI Announces Trade Relief Measures to Ease Exporters' Burden Amid Global Headwinds
Get latest articles and stories on Business at LatestLY. In a significant move aimed at cushioning Indian exporters from the impact of global trade disruptions, the Reserve Bank of India (RBI) on Friday introduced a series of regulatory relaxations and relief measures. Business News | RBI Announces Trade Relief Measures to Ease Exporters' Burden Amid Global Headwinds.
India approves US$5.1bil package for exporters after US tariffs hit
NEW DELHI: India's cabinet has approved spending 450.6 billion rupees (US$5.1 billion) on support for exporters, including 200 billion rupees in credit guarantees on bank loans, Information Minister Ashwini Vaishnaw said on Wednesday (Nov 12).
RBI allows 15-month time for exporters to bring in proceeds of overseas shipments
New Delhi, Nov 14 (PTI) The Reserve Bank has permitted exporters to bring proceeds of their shipments in 15 months as against the prevailing timeframe of 9 months in view of stress being faced by them. Exporters are facing issues due to a steep tariff imposed by the US on Indian shipments since August. The US imposed a steep 50 per cent tariff on goods from India, which took effect on August 27. Currently, the value of goods or software exports …
New Delhi: America has imposed a 50% tariff on Indian products. Under the 'pressure policy' of US President Donald Trump, a unilateral 50% tariff was imposed on India. But now the US rating agency itself has deflated it. In fact, if we believe the report of American credit rating agency Moody's, then despite the US imposing tariffs of up to 50% on some Indian products, India has been successful in increasing its exports. In the month of Septembe…
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