The Reserve Bank of India (RBI) has approved 60 requests to open Special Rupee Vostro Accounts (SRVAs) of correspondent banks from 18 countries, including the UK, Singapore, and New Zealand.
Russian banks: The largest and second-largest banks in Russia - Sberbank and VTB Bank, are the first foreign lenders to get approval after the RBI formulated the guidelines in July for offshore rupee transactions.
China's foreign trade dropped 9.6 per cent year-on-year during the first two months of this year, according to official data published on Saturday.
"Import policy of agarbatti and other odoriferous preparations which operate by burning ...is revised from free to restricted," the Directorate General of Foreign Trade (DGF) said in a notification. Restrictions have also been imposed on imports of other odoriferous preparations used for deodorising room. Its imports increased to USD 12.35 million in 2018-19 from USD 7.51 million in 2017-18.
Hyderabad : After netting over Rs 1,000 crore from red sanders global auction in the first and second phase,Andhra Pradesh government is looking forward to raise another Rs 800 crore from the sale of 2,868
New Delhi, Apr 1 : Vijay Gupta, additional Director General, Foreign Trade, in the Commerce Ministry, on Friday evening battled with two armed burglars who had sneaked into his flat in Vasant Kunj in south
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