Weeks after the Reserve Bank of India’s (RBI) new foreign exchange reporting regulations for export and import of goods and services took effect, individuals exporting services, as well as micro, small and medium enterprises (MSMEs), are struggling to get their payments credited, as banks are asking them to fill out a complex, five-page export declaration...Read More

The new measures will take effect on October 30. US President Donald Trump’s administration has eased some tariffs on Canadian imports, with the move coming just two weeks before the November 3 midterm elections. The decision could benefit Republican Senator Susan Collins, who is facing a tough re-election contest in Maine, a state whose economy...Read More

Chinese electric vehicle manufacturer BYD is taking initial steps to double production capacity at its Brazilian plant to 600,000 vehicles a year. The company is entering the final stages of construction and testing at the facility, including its stamping, welding and painting shops. With operations expected to begin in 2027, BYD’s plant will seek to...Read More