Will the Minister of FINANCE be pleased to state: (a) whether the Government has amended the FEMA regulations to allow the settlement of cases of foreign exchange violations while paying a penalty of ...

However, if the foreign entity intends to set up a business for a specific purpose or for a defined period to undertake operations, it may opt to establish a project office. With the rise of startups ...

As per the changes in FEMA, overseas branches of banks ... Several foreign banks have since opened SRVAs with banks in India, RBI said. The Reserve Bank has also signed Memorandum of Understanding ...

(MENAFN- IANS) Mumbai, Jan 16 (IANS) The Reserve bank of India (RBI) on Thursday announced the issuing of revised federal Emergency Management Agency (FEMA) regulations to permit more liberal use ...

The rupee has lost over 3.5% to the greenback this fiscal so far, most of which happened since the new RBI governor took charge last month. It touched an all-time low of 86.70 this Monday and ...

On Thursday, the RBI proposed several key changes to the Foreign Exchange Management Act (FEMA) rules to provide greater flexibility for Indian exports and global traders to settle their ...

The finance ministry and RBI are collaborating to simplify foreign exchange rules, particularly for non-debt instruments, to ...

The Reserve Bank of India (RBI) on Thursday announced liberalised norms to encourage use of Indian Rupee and local/ national currencies to settle cross border transactions. The decision comes at a ...

The central bank said it will hold open market operations for up to Rs600bn (US$6.93bn) in three tranches of Rs200bn each on January 30, February 13 and February 20 ...

MUMBAI: With the rupee under intense pressure against the dollar, the Reserve Bank of India (RBI) has further liberalised the Fema (foreign exchange management) rules to encourage its use to ...