Facing growing chaos, the European Union and numerous other countries are seeking to forge a global trading nexus that is ...

What is 'Customs Duty' Definition: Customs Duty is a tax imposed on imports and exports of goods. Description: The rates of customs duties are either specific or on ad valorem basis, that is, it is ...

Marginal standing facility is a window for banks to borrow from the Reserve Bank of India in an emergency situation when inter-bank liquidity dries up completely.