RBI Clarification on carrying of INR 10,000 by Non-residents and Residents
In terms of instructions issued vide A.P. (Dir Series) circular No.45 dated September 16, 2013, the Reserve Bank of India had facilitated encashment of rupees into convertible currencies even beyond Immigration/Customs desk. This instruction has been misreported in certain sections of the media as a new restriction imposed by the Reserve Bank. The Reserve Bank issues… Read More
Tags: Bhutan, Currency, India, Indian rupee, Nepal, Non-resident Indian and person of Indian origin, Reserve Bank of India, September 16 2013
RBI Clarification on Export and Import of Currency
RBI/2013-14/233 A.P. (DIR Series) Circular No. 39 September 6, 2013 To All Category - I Authorised Dealer Banks Madam/ Sir, Export and Import of Currency Attention of Authorised Persons is invited to Regulation (2) of Foreign Exchange Management (Export and Import of Currency) (Amendment) Regulations, 2009, notified vide Notification No. FEMA 195/RB-2009 dated July 7, 2009,… Read More
Tags: Bhutan, Categories of New Testament manuscripts, Federal Emergency Management Agency, Foreign Exchange Management Act, Government of India, India, Nepal, Reserve Bank of India
Integrated Energy Policy for Energy Security in the Country
As per the 12th Plan document prepared by the Planning Commission, an investment of Rs.15,01,666 Crore (at current prices) has been projected for Electricity Sector during the 12th Plan, out of which investment in Central, State and Private Sectors has been estimated at Rs. 4,40,796 Crores, Rs.3,47,043 Crores and Rs.7,13,827 Crores respectively . According to… Read More
Tags: Bhutan, CEA, Central Electricity Authority of India, Energy security, Geological Survey of India, Hydro Electric Scheme, Hydroelectricity, Planning Commission
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