Foreign exchange reserves, or FX reserves, are assets held by a nation's central bank or monetary authority, primarily in reserve currencies such as the US Dollar, with smaller portions in the Euro, Japanese Yen, and Pound Sterling.
The Central Board of Direct Taxes (CBDT) "nudging campaign" has yielded significant results with 30,161 taxpayers declaring foreign assets worth over Rs 29,000 crore, government sources told ANI.
Karnataka Lokayukta officials conducted searches at multiple locations in Tumakuru, Davanagere, and Kalaburagi over alleged disproportionate assets. Residences, offices, and other premises were inspected as part of the ongoing investigation into financial irregularities.
Congress President Mallikarjun Kharge has constituted a new All India Congress Committee (AICC) department to oversee the party's assets and properties across the country.
In a significant operation against gold smuggling, the Directorate of Revenue Intelligence (DRI) has successfully intercepted a passenger carrying foreign-origin gold bars valued at Rs 12.56 crore at Kempegowda International Airport, Bengaluru, a press release said.
Mumbai (Maharashtra) [India], March 4: Zurich Kotak General Insurance, highlights the factors that affect the cost of travel insurance and how much you should expect to pay. As the travel industry continues to grow, more and more travellers are turning to travel insurance to protect themselv
Congress MP Jairam Ramesh criticized PM Modi's claims about PSU stock value surges, stating that falling stock prices reveal the government's agenda to dismantle the public sector and hand over its assets to a select few.
New Delhi [India], March 3: A fire can be devastating. It can destroy property, assets and memories within minutes and leave you emotionally and financially scarred. While time can heal the emotional scar, the financial burden of rebuilding after such a loss can be overwhelming. This is wher
The Indian mutual fund industry continues to be dominated by a few large asset management companies (AMCs), with the top players managing most of the industry's assets, according to the latest AMFI-Crisil Factbook.
Ahead of India's crucial ICC Champions Trophy 2025 Group A clash against New Zealand on Sunday, assistant coach Ryan ten Doeschate provided an update on Rohit Sharma.
According to an official release, the EOW Indore unit received a complaint alleging that Rajesh Parmar acquired disproportionate assets. After verifying the complaint prima facie, the agency found it correct and registered a case against Rajesh Parmar under sections 7 (c), 13 (1) (b), and 13