Category: Greenvissage Explains

Liberalised Remittance Scheme (LRS) The administration of foreign exchange transactions in India is guided by the Foreign Exchange Management Act, of 1999 (FEMA). Under the FEMA law,..

How is the value of currency derived? Currencies are traded in Foreign Exchange Markets, a global decentralized market for currencies. Simply put, one currency is traded against..

What is SME exchange? ‘SME Exchanges’ are trading platforms of recognised stock exchanges that have nationwide trading terminals permitted by the Securities Exchange Board of India (SEBI)..

Greenvissage explains, Why is OPEC reducing oil production? Once again, the Organisation of the Petroleum Exporting Countries (OPEC) and its allies, together known as OPEC+, the world’s..

Background A few weeks ago, the bankrupt Lehman Brothers which triggered a global financial crisis, concluded their liquidation, 14 years after the 2008 crisis. The company’s 1.1..

New ODI Regulations Framework On August 22, the Reserve Bank of India (RBI) came up with a new set of Overseas Direct Investment (ODI) Regulations to simplify..

Greenvissage explains, What is Moonlighting and why is it becoming a concern for the IT industry? Post-pandemic, most employers have provided employees with an option to work..

Background India has always been a huge market, thanks to the billion-plus population. When India opened to the world in 1991, multinational conglomerates saw a huge opportunity..

Almost 50 years ago, India nationalized 14 commercial banks in the country, an extraordinary move, a historic event of its own. From 1947 to 1969, a whopping..

In 2016, Prime Minister Narendra Modi promised that the Government aims to double the farmers’ income by 2022. It’s 2022 and a fair time to evaluate the..