by DIGITAL MEDIA EXECUTIVE | Mar 20, 2023 | Finance & Economy, Trade Analysis
There are many countries which are expecting the rupee payments for settling specific trade with India. The Indian government is hopefully expecting the volume of transactions will grow in near future. RBI has granted the permission for domestic and foreign authorized...
by DIGITAL MEDIA EXECUTIVE | Mar 16, 2023 | Trade Analysis
The Center said on Wednesday that it has changed the foreign trade policy to permit the settlement of international trade in Indian rupees for the Export Promotion Schemes. Therefore, in accordance with the RBI circular released on July 11, 2022, the Directorate...
by DIGITAL MEDIA EXECUTIVE | Mar 14, 2023 | Trade Analysis
According to the newspaper, Goyal added, “Textile exports have a dual difficulty. Following the Ukraine conflict, many nations are experiencing foreign exchange issues, which has caused many countries to reduce non-essential imports. He gave examples of Indian...
by DIGITAL MEDIA EXECUTIVE | Mar 8, 2023 | Finance & Economy
A recent training session on using the Indian rupee for bilateral trade settlements was held in Colombo by the Indian high commission to Sri Lanka. The usage of national currencies in transactions was the topic of discussion. According to rumours, Bangladesh and India...
by DIGITAL MEDIA EXECUTIVE | Mar 4, 2023 | Finance & Economy
TradingView is a popular trading platform that offers forex traders access to real-time financial data and market insights. With the help of advanced charts and extensive analysis tools, traders get everything they need to make informed decisions about their...
by DIGITAL MEDIA EXECUTIVE | Mar 3, 2023 | Finance & Economy
The Engineering Export Promotion Council (EEPC) is in talks with two Russian banks that have operations in India to ease rupee trade because Indian banks are hesitant to issue electronic bank realisation certificates (eBRC) for exports to Russia out of fear of...
by DIGITAL MEDIA EXECUTIVE | Mar 1, 2023 | Finance & Economy
The rupee closed at 81.77 per US dollar on Tuesday, up from 81.62 on Monday. At the end of the previous week, the domestic currency had closed at 81.34 per US dollar. Last week, the rupee gained 1.7% against the US dollar.The Reserve Bank of India’s purchases of...
by DIGITAL MEDIA EXECUTIVE | Feb 27, 2023 | Finance & Economy
Early today, after the local unit of the interbank foreign exchange opened weak at 82.67 against the dollar, the Indian rupee lost 9 paise to trade at 82.73 against the US dollar. Yesterday, the rupee’s closing price versus the US dollar was 82.64. Forex traders...
by DIGITAL MEDIA EXECUTIVE | Feb 27, 2023 | Country Report
According to the Chairman of India’s Engineering Export Promotion Council (EEPC), there is a lack of understanding among banks on the International Trade Settlement process in rupees (INR), and those having exposure to the United States are scared of sanctions....
by DIGITAL MEDIA EXECUTIVE | Feb 21, 2023 | Country Report
Those with knowledge of the situation claim that India is working towards an initial agreement on a rupee-dirham payment mechanism with the United Arab Emirates as early as January as the South Asian country seeks to diversify away from the dollar and strengthen...
by Jessica | Feb 21, 2023 | Finance & Economy
Exchanging currency online is a simple and convenient process of converting one type of currency into another using a digital platform. It involves selecting the currency to exchange, entering the amount, and choosing the target currency. The platform calculates the...
by Manali bhanushali | Dec 27, 2020 | Educationist / Academician, Interviews
Share your Educational and Professional Journey I started my career in 1980 with Bombay Dyeing and Mfg. After Cotton Terry weaving Technology Course from 1984 from Silk and Art Silk Mills Research Association. From 2007 onwards, I was with Textile Education &...
