Tag: attract
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RBI wants to attract more FCNR deposits. But where is NRI money actually sitting?
RBI will bear hedging costs on new FCNR-B deposits till September 2026 to draw foreign currency, reviving a 2013 style playbook even as NRO...
RBI’s measures may attract $60-70 bn foreign capital, support rupee: Ind-Ra
The RBI’s forex swap measures on FCNR (B) deposits and ECBs by state-owned companies could attract $60-70 billion in foreign capital and support the...
India may extend textile incentive scheme by up to 2 years to attract more companies
The government is considering extending the ₹10,683-crore Production Linked Incentive (PLI) scheme for the textiles sector by one to two years to attract more...
Amazon Music India unveils three-tiered pricing to attract non-Prime users
Competitive landscapeIn India, Amazon Music competes with Swedish streaming service Spotify that also offers tiered pricing: Premium Lite for ₹139 a month, offering...
Using credit card to buy property abroad? Here’s why you may attract ED scrutiny
If you are planning to make overseas property-related payments through international credit cards, you may want to review the applicable foreign exchange rules first....
