https://www.taxtmi.com/news?id=4800 Management of the balance of payments focuses on containing the Current Account Deficit by curbing gold imports and making oil pricing more market determined, supplemented by easing remittances and diversifying software exports to reduce financing needs. To stabilise external financing, the Survey recommends promoting Foreign Direct Investment, guiding Foreign Institutional Investor flows toward long term rupee instruments to limit reversals, and carefully monitoring external commercial borrowing to avoid unhedged exposures by entities without foreign exchange revenues. en-us Wed, 27 Feb 2013 14:25:54 +0530 Wed, 27 Feb 2013 14:25:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=4800 Management of the balance of payments focuses on containing the Current Account Deficit by curbing gold imports and making oil pricing more market determined, supplemented by easing remittances and diversifying software exports to reduce financing needs. To stabilise external financing, the Survey recommends promoting Foreign Direct Investment, guiding Foreign Institutional Investor flows toward long term rupee instruments to limit reversals, and carefully monitoring external commercial borrowing to avoid unhedged exposures by entities without foreign exchange revenues. News - Wed, 27 Feb 2013 14:25:54 +0530 https://www.taxtmi.com/news?id=4800