Banks have reached out to the Reserve Bank of India (RBI) to seek clarity on legal and regulatory grey areas regarding proposed rupee vostro accounts before operationalising them to settle international trade,including that with Russia.
The Centre expects a further rise in its FY23 expenditure budget because of increased fertiliser and cooking gas subsidies besides a higher fund requirement under the rural employment guarantee scheme.
Small Indian app developers and startups offering video, audio, or book content may have to pay only 6% commission for in-app purchases on Google Play Store, a top company executive told ET.
Download The Economic Times News App to get Daily Market Updates & Live Business News.
In Case you missed it
Choose your reason below and click on the Report button. This will alert our moderators to take action
Your Reason has been Reported to the admin.
To read full story, subscribe to ET Prime
Super Saver Sale - Flat 30% Off
You can cancel your subscription anytime
(Pay Using Netbanking/UPI/Debit Card)
15 Days Trial + Includes DocuBay and TimesPrime Membership.
15 Days Trial + Includes DocuBay and TimesPrime Membership.
Get ET Prime for just ₹2499 ₹1749/yr
WITH 1-YEAR ET PRIME MEMBERSHIP
Exclusive Economic Times Stories, Editorials & Expert opinion across 20+ sectors
Stock analysis. Market Research. Industry Trends on 4000+ Stocks
Stories you might be interested in