In view of the imminent discontinuance of LIBOR as a benchmark rate, it has been decided, in consultation with stakeholders, to make the following changes to the all-in-cost benchmark and ce… Read More
At current, banks integrated in India can infuse capital of their abroad branches and subsidiaries, retain income in these centres and repatriate/ switch the income with prior approval of… Read More
The TPO and DRP erred in treating CCDs as ECBs and benchmarked the interest rate against LIBOR rate. The CCDs is a hybrid instrument and cannot be per se treated as ECB / loan Read More
Todays Signals in FX and News 04 02 2022
LONDON (Reuters) – FX SIGNALS – The euro was on track on Friday for its best week versus the dollar since the COVID-19 pandemic hit, afte… Read More
European stocks are edging higher ahead of the long bank holiday weekend, ending the week not far from where they started as investors mull the latest policy decisions, inflation data and ea… Read More
Here I am addressing the frequent question which usually arises at the time of calculating interest rates for INR denominated External Commercial Borrowings (ECBs) and for loan under Section… Read More
The UPSC exam is one of India’s most difficult exams to pass, but it’s not impossible if you use the combination of hard work, appropriate strategy, and efforts directed in… Read More
Introduction: Globalization has paved way for international financing which helps the organization to engage in cross-border transactions with foreign business partners, such as customers, i… Read More
What a start to the week, here’s the Market Outlook. Macro continues to hit constant headwinds leading to markets going even further south, a trend that will continue for the foreseeab… Read More
Such lending shall be subject to the end-use prescriptions as applicable to External Commercial Borrowings (ECBs) in terms of paragraph 2.1(viii) of the Master Direction - External Commercia… Read More
Taxes and duties are the main sources of income for a government. Usually, the government receives the money via revenue receipts and capital receipts and then uses the money for both operat… Read More
Electric scooters have marked the beginning of a new era in urban transportation. They are sweeping all major cities throughout the globe, making city travel safe and convenient.
The… Read More
Initially, both European bonds and the EURUSD moved higher after the ECB unveiled a higher than expected 50bps rate hike (although the same as leaked, so the ECB effectively destroyed any re… Read More
Unbacked cryptocurrencies are not an efficient means of payment and stablecoins are vulnerable to runs, top officials at the European Central Bank have pointed out in a new article making… Read More
“There is no ex-ante limit to that Transmission Protection Instrument program,” said ECB President Lagarde, following her predecessor’s playbook, “[the] ECB determine… Read More
India has received its highest ever Foreign Direct Investment (FDI) inflow of Rs 6,31,050 crores in Financial Year 2021-22, the Ministry of Commerce and Industry has said. According to the i… Read More
The Reserve Bank of India on 28th July 2022, has published the Foreign Exchange Management (Borrowing and Lending) (Third Amendment) Regulations, 2022 to further amend the Foreign Exchange M… Read More
i) increase the automatic route limit from USD 750 million or equivalent to USD 1.5 billion or equivalent.
ii) increase the all-in-cost ceiling for ECBs, by 100 bps. The enhanced all-in-cost… Read More
The Reserve Bank of India (RBI) on 1st August, 2022 issued a circular clarifying the terms under which eligible ECB borrowers are allowed to raise External Commercial Borrowings (ECB) up to… Read More
Fabrication Bazar raises over Rs 7 Cr in a seed round led by Inflection Point Ventures Manufacturing and engineering startup Fabrication Bazar has raised over Rs 7 crore in a seed… Read More
Mortgage lender HDFC Ltd on Friday said it has raised USD 1.1 billion (around Rs 8,700 crore) from a clutch of investors under ‘Syndicated Social Loan Facility’ to cater to the a… Read More
To date, the European Central Bank’s (ECBs) work on central bank digital currency (CBDC) has focused on a retail or consumer-facing CBDC. In a speech today, ECB board member Fabio… Read More
The Reserve Bank of India on 30th September 2022, decided to bring uniformity in imposition of late submission fee (LSF) across functions. The Late Submission Fee (LSF) was introduced for re… Read More
The Meat Chop raises Rs 7 Cr from clutch of angel investorsChennai-based local butcher stores sourcing startup The Meat Chop raised Rs 7 crore in a seed funding round, which saw participatio… Read More
The European Commission is going to present a legislative proposal for a digital euro in the near future, President of European Central Bank Christine Lagarde has indicated. EU legislators… Read More
Bukkry
#India #raises #billion #ECBs #FY23
After dwindling to a seven-quarter low of $3.68 billion in the first quarter, overseas borrowings of Indian corporates picked up momentum in the se… Read More
US
Wall Street’s shortened trading week will be jam-packed with the FOMC minutes, more Fed speak, the flash PMIs and the final look at the University of Michigan’s inflation expe… Read More
Christine Lagarde, the European Central Bank chief, wants more and broader regulations for cryptocurrencies. This comes at a moment in which FTX, one of the largest crypto exchanges in the… Read More
In today’s world, there are so many gadgets and gizmos that it can be hard to keep up. And if you’re anything like us, you want to find the best gadgets to use for productivity a… Read More
ECB provides a wider array of Indian resident entities to raise funds on international platforms from non-resident entities. Raising funds through ECBs enables companies to meet larger requi… Read More
Fabio Panetta, part of the Executive Committee of the European Central Bank (ECB), believes that unbacked cryptocurrency assets are vehicles for gambling without intrinsic value, which need… Read More
It can also help businesses to diversify their funding sources What is External Commercial Borrowing (ECB)? Reserve Bank of India allow following entities to avail external commercial b… Read More
Dolly Parton Gummies: What You Need To Know Before You Buy
Dolly Parton Gummies is a product that is marketed by the company Dolly Parton Keto Gummies. The gummies are specifically made to b… Read More
Lipids are essential to many body functions and serve as the building blocks for living cells. Alfa Chemistry has been an ISO 9001:2015 certified supplier of nearly all forms of li… Read More
A credit score is a benchmark for evaluating your financial health. It shows how often you’ve been using your credit card and how well you’re paying back your bills and other deb… Read More
Dear readers, today we are uploading Economic Survey 2023 PDF to all of you. The Union Finance Minister Nirmala Sitharaman presented The Economic Survey for 2022-23 a day before the 5th and… Read More
US
Now that Wall Street has had enough time to process the dovish FOMC decision and another robust nonfarm payroll report, the focus shifts predominantly to Fed speak and economic data that… Read More
Endocannabinoids (eCBs) influence T-cells. A, structures of non-eCB epoxydocosahexaenoic acid (19,20-DHA-epoxide) and eCBs docosahexaenoyl ethanolamide (DHEA) and epoxydocosahexaenoyl ethano… Read More
Have you ever heard of a “runners high”? Those who have experienced it say it not only increases positive mood and feelings of endurance but it also reduces anxiety and pain. You… Read More
When you think of couponing, do you imagine the Extreme Couponers from TLC with their huge binders filled with coupons and five grocery carts full causing registers to lock up upon che… Read More
How Does an Earth Coverage Beam (ECB) Work?
An Earth Coverage Beam (ECB) is a type of antenna used to provide wireless coverage over a large area. It works by sending out a focused beam of r… Read More
US
The economic data in the week ahead should solidify rate hike expectations for the May 3rd FOMC meeting, but it could also raise the bar for further tightening for the June 14th meeting… Read More
Ding. Ding. Ding. Stocks close lower as debt ceiling talks stall. ECBs Lagarde: We should not trade-off price stability and financial stability US 2 year yield has the biggest gain since Sep… Read More
ECB’s Lagarde is speaking and says: ECB will do what is necessary to deliver price stability We should not trade-off price stability and financial stability We can successfully pursue… Read More
Reliance Industries Limited, India’s largest conglomerate, has been granted approval by the RBI to retain an additional $2 billion from its lenders. This move by the RBI comes as a sig… Read More
Embattled Adani Group is eyeing a 20% year-on-year growth in pre-tax profits to reach Rs 90,000 crore EBITDA in 2-3 years on the back of robust growth in businesses ranging from airports to… Read More
Adani Group has set an EBITDA target of Rs 90,000 crore for the next 2-3 years. This is a huge increase above the group’s current EBITDA of roughly Rs 50,000 crore.
The Adani Group is… Read More
European stocks are ending the week on a high, buoyed by another encouraging inflation report that will soon support the end of the ECBs tightening cycle.
Not only did the headline HICP rate… Read More
Switching Power Supply is an electronic device designed to deliver electric power to an electric load, serving as a crucial component in various applications, ensuring a stable and reliable… Read More
MUMBAI : India is in a bright spot and seeing steady, long-term foreign investment inflows, according to P.D. Singh, chief executive and managing director of corporate… Read More
In August, Indiabulls Housing Finance stock price surged nearly 35%, which is the largest monthly gain since June 2020. However, the majority of the gains came in the last five trading… Read More
On September 4, Fabio Panetta, a European Central Bank executive, published an official report on the progress of its central bank digital currency (CBDC) project, noting the central ba… Read More
Question
A company has users that deploy Amazon EC2 instances that have more disk performance capacity than is required. A SysOps administrator needs to review all Amazon Elastic Block Store… Read More
by Alex V. BarnardIn New York City and California,
politicians have been pushing to expand involuntary psychiatric care to
deal with their communities’ abysmal street conditions. No… Read More
Business financing is an integral part of business. To meet funding requirements, business entities resort to various sources of financing such as Equity funding, Debentures, borrowing from… Read More
Table of ContentsUnderstanding RBI and FEMA ComplianceKey Aspects of RBI and FEMA Compliance1. Foreign Investments2. External Commercial Borrowings (ECBs)3. Foreign Exchange Transactions4. C… Read More