Bhubaneswar (Odisha) [India], February 25: Annapurna Finance Private Limited has secured a USD 100 million through syndicated multi-currency term loan facility, along with a USD 50 million greenshoe option. The facility, denominated in USD and JPY, marks a significant step in enhancing Annap
Kochi (Kerala) [India], February 23: Wizzmoni, formerly Unimoni, has officially appointed Indian cricketer KL Rahul and Bollywood actor Athiya Shetty as the faces of its premium Wizz Voyager Multi-Currency Travel Card and comprehensive foreign exchange solutions. The celebrity duo will spear
Brazilian President Luiz Inacio Lula da Silva called his India visit "very special," recalling how his 2005 trip shaped Brazil's reserve policy. He highlighted economic and cultural ties, praised hospitality, and noted Brazil opened 520 new markets. Lula is on his fifth visit to India.
The SPMCIL is engaged in the manufacture and production of currency and bank notes, security paper, non-judicial stamp papers, postal stamps and stationery, travel documents such as passport and visa, security certificates, cheques, bonds, warrant, special certificates with security featu
New Delhi [India], February 19: In the tepid global economic climate, Japan's yen has recently lost its status as a safe-haven currency. Once immovable and dependable, its value has slid drastically. Yet a landslide victory by Prime Minister Sanae Takaichi has given her the ability to make m
The report highlighted that the USD/INR strengthened from recent lows of around 92 to approximately 90.6 following the trade deal with the United States and the Free Trade Agreement (FTA) with the European Union.
Cash use in India remains strong and currency in circulation has reached a record high despite the rapid rise in digital payments, mainly due to higher consumption, lower interest rates, and the replacement of Rs 2000 notes, according to a report by State Bank of India (SBI).
On this occasion, Union Home Minister Amit Shah launched the distribution of chickpeas and tur dal in 1 kg sealed packets, inaugurated the Annapurti Grain ATM facility in the Sabarmati zone of Ahmedabad, and initiated the ''Garima Poshan - Suposhit Garudeshwar Taluka' campaign, according
India's foreign exchange reserves dipped USD 6.711 billion in the week that ended February 6 to USD 717.064 billion, after having reached a new all-time high in the prior week, according to the Reserve Bank of India's latest data.
A review of the data shows that ECB funds during the month were primarily utilised for import of capital goods, new project execution, modernisation of facilities, and on-lending by financial institutions. Manufacturing, financial services, infrastructure and transportation sectors accoun
India's foreign exchange reserves reached another new all-time high in the week ended January 30, according to the Reserve Bank of India's latest data.
Highlighting India's rising global economic stature, citing the country's trade deals with major partners, Prime Minister Narendra Modi on Saturday said that trust has become India's "strongest currency" in the global landscape.