The Central Bureau of Investigation (CBI) registered a case against three accused including then two Superintendents and one Inspector of Customs posted at Rajiv Gandhi International Airport(RGIA), Hyderabad on allegations of conspiracy and corruption.
ERAM is a significant step towards trade facilitation as the exchange rates of 22 currencies would now be published online in advance for ease of consumption by all importers and exporters, as per CBIC.
The Reserve Bank of India (RBI), with the approval of the Government of India, has introduced a revised Framework on Currency Swap Arrangement for SAARC (South Asian Association for Regional Cooperation) countries, covering the period from 2024 to 2027, said RBI on Thursday.
Mumbai (Maharashtra) [India], June 26: India is at the threshold of a major structural shift in its growth trajectory, moving towards 8 percent GDP growth in a sustained manner, said RBI Governor Shaktikanta Das. He was speaking at the 188th AGM of Bombay Chamber of Commerce & Industry.
Sharing information, Sukma District Superintendent of Police Kiran Chavan said, "We received information on June 22, Saturday, about the printing of fake currency notes by Naxals. Hence, an operation was launched in the area and printers, ink, and fake notes were seized."
The Indian rupee experienced significant volatility in June, largely driven by the impact of elections, Foreign Portfolio Investor (FPI) outflows, and a rise in oil prices, which collectively strengthened the US dollar against the rupee, according to a report by Bank of Baroda.
India's foreign exchange reserves jumped USD 4.307 billion to touch a new lifetime high of USD 655.817 billion during the week that ended June 7, official data from the Reserve Bank of India (RBI) showed.
The police also recovered a total of 41 mobile phones, 19 laptops, 5 Mac mini, 1 iPad, national and international SIM cards, 2 pendrives, 3 memory cards, other communication devices, silver bars and international currency of various countries from the spot.
New Delhi [India], June 13: In the dynamic landscape of global markets, successful expansion requires more than mere vision; it demands steadfast support. Bank of Maharashtra, one of the premier public sector banks in the country, is offering a comprehensive suite of Export Finance solutions
New Delhi [India], June 13: Minati, a leading digital currency platform revolutionizing finance through DeFi, AI, and blockchain, is excited to announce the successful burning of 2 million tokens from its circulating supply. This strategic move marks a significant milestone in Minati's commi
New Delhi [India], June 13: Minati, an eminent digital currency platform, is proud to announce the launch of its innovative Layer 1 Blockchain to revolutionize the decentralized finance (DeFi) landscape with unparalleled innovation and efficiency. Designed to surpass the capabilities of Ethe