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International Business World News. NIFTY 50 10, Drag according to your convenience. RBI has been progressively easing foreign exchange regulations and simplifying procedures relating to remittances. Last week, it relaxed the rules relating to the foreign exchange transactions by residents in India. RBI has now decided to reduce the minimum period for repayment of such loans to one year.
The relaxation, it is felt, will improve the prospects for Indian professionals who serve an international clientele. The British designers revolutionising the shoemaking indus.. Chanda Kochhar's daughter Aarti set to marry beau Aditya. Maldives falls for China 'debt trap', worry for India. It's not business as usual for Gujarat Inc.
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