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India GST
Indian Exporters Get Reprieve from Banks
Indian banks have agreed to offer special concessions to diamond exporters to help them deal with late payments resulting from the coronavirus outbreak.Companies will have extra months to repay loans they take to fund overseas...
Financial-Legal Mar 19, 2020 Rapaport News
IIJS 600
Weak Rupee Raises Hopes for Indian Exports
A weaker rupee againstthe US dollar has helped boost exports to leading markets such as the US andChina, attendees at the India International Jewellery Show (IIJS) reported. “The jewelry anddiamond and colored-gemstone business is flourishing,” Gaetano Cavalieri,president...
Mining Aug 13, 2018 David Brough
Israel Diamond Exchange
MID Tops Ranking of Israel Diamond Exporters
MID House of Diamonds was the leading Israeli polished-diamondexporter in 2016 for the second year running, according to a recent list publishedby the nation’s diamond controller.The company’s exports declined 3.7 percent to $184 millionin a difficult...
Polished Markets Feb 26, 2017 Rapaport News
Reserve Bank of India
RBI Relaxes Rules for Exporters on Converting Forex to Rupee
The Reserve Bank of India (RBI) backtracked somewhat on guidelines for exporters, currency exchange traders and authorized dealer category banks on converting foreign currency held in Exchange Earner's Foreign Currency (EEFC) accounts into rupee...
Financial-Legal Aug 02, 2012 Dilipp S Nag
RBI Demands Exporters Convert 50% of Forex to Rupee
The Reserve Bank of India (RBI) directed exporters to convert 50 percent of their foreign currency held in Exchange Earner's Foreign Currency (EEFC) account into rupee within a fortnight. The central bank's move is aimed at curbing the...
Financial-Legal May 10, 2012 Dilipp S Nag
India Urges Exporters to Explore New Markets
India’s Commerce Secretary, Rahul Khullar, urged Indian exporters to diversify their presence in new markets like Africa and Latin America as the global economic environment is unlikely to improve in the near future.“The external environment is not...
Marketing Dec 22, 2011 Dilipp S Nag
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