Tag: foreign direct investments
Posted in Economy
RBI clarifies interbank trades, ECBs coupons not part of FERR
Mumbai: Reserve Bank of India (RBI) has clarified that the new foreign exchange risk reserve (FERR) will be not be applicable for banks undertaking trades…
Posted in Economy
Iran war could drag India’s GDP growth to 6.5% this fiscal, says CII president Rajiv Memani
New Delhi: The Indian economy could expand about 7% this fiscal year if the Iran war ends soon but growth could slip to 6.5% if…