The Directorate General of Foreign Trade (DGFT) under the Ministry of Commerce and Industry on Friday notified the changes to the policy. The central bank allowed authorised banks in India to open special rupee Vostro accounts of correspondent banks of any partner trading country to facilitate trade in the Indian currency.
Hindustan Zinc declares Rs 10 interim dividend. Check record date
The board’s announcement comes after a wave of investor optimism earlier in the week, with shares rising 4–6% ahead of the June 11 meeting, during