How Can Free Trade Agreements Benefit Your Export Business? Free Trade Agreements (FTAs) have revolutionised global trade, allowing businesses to access new markets, reduce costs, and gain a competitive edge. Whether you're an exporter, importer, or business owner, understanding how FTAs work can help you maximise benefits while avoiding pitfalls. Discover how Free Trade Agreements (FTAs) can transform your export business. Learn to leverage FTA benefits and navigate challeng

Understanding the Impact of Trade Policies on Global Economies In a world shaped by shifting supply chains, rising economic nationalism, and climate-linked trade frameworks, trade policies are no longer just regulatory tools—they are instruments of strategic governance. These policies determine who trades, under what terms, and at what cost. For businesses, they influence competitiveness. For governments, they shape growth and global influence. And for consumers, they affect

In today’s interconnected world, digital platforms have revolutionised global trade, providing unprecedented opportunities for...

There are several export businesses that women can successfully start, especially with the increasing emphasis on women's empowerment and...

Edible oils, especially palm oil, are essential raw materials not only for the food industry but also for various fast-moving consumer goods

Magic spice, or should I say nature’s medicine? In India, turmeric—our beloved Haldi —finds its way into everything, from milk to every dish we cook. We can’t deny its countless benefits, and let’s be honest, we simply can’t resist adding it everywhere! Turmeric: India’s Golden Spice Boosting Global Trade India exports more than $2 million worth of turmeric, India’s Golden Spice, with Bangladesh, the UAE, and the USA among its top importers, which is boosting Global Trade ann

Being the most populous country in the world, India is currently facing challenges in ensuring an adequate food supply for its vast...

If you're an importer bringing goods into the country. Once the goods are on their way, you’ll deal with financial arrangements to pay your suppliers. Let’s dive into how this works under FEDAI Rule 3. Interest on Import Bills When you import goods and the payment is made through a letter of credit (LC), the interest charged on the bills will be the same as the commercial interest rate that banks charge on their domestic loans. The Reserve Bank of India (RBI) also has rules

Imagine you're an exporter, shipping goods overseas. After shipping, you need financial support until you get paid by your buyer. This is...

In the rural expanses of India, a transformative movement is underway, led by an inspiring group of women known as ‘Krishi Sakhis.’ These...

I've previously covered the basics and introduction to FEDAI . Starting today, I'll delve into the specific rules set by FEDAI. If you...

The revaluation rate in the context of FEDAI (Foreign Exchange Dealers' Association of India) refers to a reference rate used by banks and other financial institutions to adjust the value of their foreign currency assets and liabilities. This rate is essential for accounting and reporting purposes to reflect the current market value of foreign exchange positions on the balance sheet at the end of each business day or regular intervals. Importance of the Revaluation Rate Accur

Introduction to FEDAI: Pioneering Foreign Exchange Standards in India The Foreign Exchange Dealers' Association of India (FEDAI) has been a cornerstone in the Indian forex landscape since its inception in August 1958. Established with the Reserve Bank of India (RBI) approval, FEDAI, a self-regulatory organization, has played a pivotal role in shaping the regulatory framework and operational standards for foreign exchange dealings in India. In this article, we will delve into

Once upon a time, in a bustling factory in the heart of the city, two essential but distinct tasks needed to be done before products...

Trade Theories In the bustling marketplace of Global Tradeville, a town where every country has its unique shop, the evolution of trade...

written by Dhriti Mukherjee Pipil Business is nothing but a mind game played by the founder to convince their target clients to purchase...