Nepali lawmakers demand currency smuggling probe

Nepali lawmakers from both ruling and opposition parties have demanded the formation of a high-level committee to...

India, Mauritius join hands to trade in local currencies

The two leaders had agreed to facilitate trade settlements in local currencies--Indian Rupee and Mauritian...

PM Modi, Ramgoolam agree to facilitate trade settlements

The two leaders also agreed to hold the second session of the High Power Joint Trade Committee under the...

India forex reserves drop USD 1.8 billion to USD 639 billion

Foreign exchange reserves, or FX reserves, are assets held by a nation's central bank or monetary authority,...

Rupee hits record low of 87.29 against USD

"Though Trump has been threatening BRICS countries also, it remains as to when he would press the button. This...

Centre grants FCRA license to Banke Bihari temple following court

The Central government has issued a license under the Foreign Contribution (Regulation) Act (FCRA) to Banke Bihari...

Welcoming Prrabhjot Singh Saathi as Payomatix’s New CEO

New Delhi [India], January 16: Payomatix, a leader in cutting-edge payment solutions, is proud to announce the...

'Rupee today stands among most stable currencies in world'

Malviya highlighted key metrics, such as India's "reduced current account deficit, strong foreign exchange reserves,...

RBI inks treaty for cross border transactions with Maldives

The Reserve Bank of India (RBI) and the Maldives Monetary Authority (MMA) signed a Memorandum of Understanding (MoU)...

Mumbai: ED recovers Rs 4.6 crore in foreign currency

The Mumbai Zonal Office of the Directorate of Enforcement (ED) on Thursday recovered foreign currencies equivalent...

Rupee depreciated marginally in Oct compared to bloodbath others

The Indian Rupee depreciated marginally in October by 0.3 per cent compared to the bloodbath witnessed in other...

New payment systems could weaken dollar dominance

The signs of De-dollarization are evident in the commodities space, where energy transactions are increasingly...