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RBI liberalises EEFC account scheme

 Reserve Bank of India has relaxed the exchange earners foreign currency account scheme by removing the ceiling of $3 million.Authorised dealers can now permit their exporter constituents to extend......

What RBI could do to help exporters

 The contraction in merchandise exports ease to a single digit on a year-on-year basis in the March quarter.   Last week, the Reserve Bank of India’s monetary policy report said global......

How small exporters can get better profits

 RBI and Sebi should modify the structure of the currency futures market to permit settlement by delivery of dollars ONLY from an EEFC account, says Jamal Mecklai. Around 40 per cent of India's......

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