The rupee may remain weak-to-volatile for a while but the worst is largely over for the currency, said Seshadri Sen, Head of Research at asset management company Alchemy Capital Management.
Sri Lanka's High Commissioner to India, Milind Moragoda on Saturday met with the National Security Advisor Ajit Doval and reviewed relations between India and Sri Lanka. Since the beginning of the year, India has extended aid worth USD 3.8 billion, including lines of credit, a currency swap
The Treasury has established a monitoring list of "major trading partners that merit close attention to their currency practices and macroeconomic policies".
New Delhi [India], November 11 (ANI/PNN): One of the leading flight booking agency, Fly First Klass is also set to open its new office space in Dubai and has become the first booking company to take payment in Crypto.
The Central Industrial Security Force (CISF) officials seized foreign currency (Saudi Riyals) worth approx Rs 8.5 lakh at IGI Airport in New Delhi, said officials on Thursday.
The Constitution Bench of the Supreme Court on Wednesday deferred the hearing the pleas challenging the Centre's decision to demonetize currency notes of Rs. 500 and Rs 1,000 in 2016 for November 24 and said that they want to conclude the hearing on this issue this year.
The Constitution Bench of the Supreme Court on Wednesday deferred for November 24 for hearing the pleas challenging the Centre's decision to demonetize currency notes of Rs 500 and Rs 1,000 in 2016 and said that they want to conclude the hearing on this issue this year.
Two persons hailing from Mizoram were arrested in Tripura's Agartala with fake Indian currency of Rs 1.21 lakhs which was purportedly printed outside the country, according to the police on Tuesday.
The report said, "In a remarkable development, for the first time in 20 years, currency in circulation declined during the Diwali week. The innovations in technology have changed the Indian payment system. Over the years, the Indian cash lead economy now has changed to smart-phone lead payme
Ghosh said as percentage of gross domestic product (GDP), CIC was now at 11.8 per cent, less than 12.1 per cent in FY16 and significantly lower than the nominal GDP growth. He also added that it is an absurdity in quoting absolute numbers of currency in circulation (CIC) then and now.
Hyderabad (Telangana) [India], November 7 (ANI/NewsVoir): Crypto trading in India reached grassroots despite many headwinds from the uncertainty in accepting the currency, government legislations, and tax initiatives.
The currency with the public is now over 70 per cent higher than in comparison to that of the initial demonetization period. On November 4, 2016, the currency with the public was reported to be at Rs 17.77 lakh crore.