Tag: foreign exchange management
RBI issues draft for future-ready rules related to foreign investments
Mumbai: The Reserve Bank on Tuesday proposed simplified and future-ready rules related to foreign investments, including those pertaining to overseas listing of Indian companies. The…
Govt restricts silver imports amid push to curb metal inflows
Kolkata: Close to the recent changes in import duties on precious metals, the government has placed new restrictions on silver import. The policy shift comes…
Govt eases FDI norms under FEMA for up to 10% Chinese stake
The government on Saturday tweaked rules under the Foreign Exchange Management Act (FEMA), giving effect to its recent decision to allow overseas entities having a…
Asking a friend to book overseas purchases risks FEMA violations
Mumbai: Bidding online for a painting hosted by a London auctioneer. Booking a limited edition watch hosted by a Singapore dealer on a members-only e-com…
RBI flags seven more platforms in growing forex ‘alert list’
The Reserve Bank of India on Wednesday expanded its alert list of unauthorised online forex trading platforms, adding seven more names and pushing the total…