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Cross Border Bank Guarantees

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USTR Report Intensifies Trade Tensions With India

The US Trade Representative noted that India's average applied tariff rate stood at 17% per cent, the highest of any major world economy. Kindly note the image has been posted only for......

Why Does Modi Not Slash Chinese Imports?

India's national security focus has shifted from the western border to the eastern one.But our trade with China keeps rising.This trade is against our interest, because most of it comprises of......

'We Are Voting For The Next Chief Minister'

A land-owning class, the Jats are a powerful community and account for 28 per cent of Haryana's population. The time, they believe, has now come for them to take revenge. IMAGE: Congress leader......

Cong tried to redirect SC/ST quota to Muslims: Modi rakes up Andhra in Raj

Prime Minister Narendra Modi on Tuesday said the Congress has tried to extend reservation to Muslims out of the Dalit quota, and accused the party again of hatching a "deep conspiracy" to snatch......

Cong workers wanted Priyanka to challenge Modi in Varanasi

Prime Minister Narendra Modi would have got a tough fight in Varanasi had Congress general secretary Priyanka Gandhi Vadra contested against him as Indian National Developmental Inclusive Alliance......

Cross Border Bank Guarantees, LCs under scanner

As part of the stepped-up efforts to track transfer of funds parked overseas in India, the investigating agencies have brought Cross Border Bank Guarantees (CBBGs) and Standby Letters of Credits......

Which is the new battleground in tax disputes?

In October 2024, Jindal Stainless challenged a Goods and Services Tax (GST) notice in the Delhi high court. Illustration: Uttam Ghosh/Rediff.com It was about corporate guarantees issued to related......

RBI to launch first pilot of digital rupee on Tuesday

India's first digital rupee pilot project will commence on Tuesday with nine banks, including SBI, HDFC Bank and ICICI Bank, issuing the virtual currency for transactions in government securities.......

Consensus remains elusive on common BRICS currency

Consensus remained elusive on a common BRICS currency as business leaders from the five-bloc nations debated the pivotal issue at a business forum on the periphery of a summit of the five-member......

Sitharaman promises to ease KYC norms for FPIs

Among other proposals, she said NRI portfolio route would be merged with the FPI route for seamless investment in stock markets. Finance Minister Nirmala Sitharaman on on Friday said KYC (know......

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