Search For "foreign currency"
Jogani CEO interviewed on Modiji's Mantra of Farm to Foreign
Updated : 2 years, 9 months ago IST
Surat (Gujarat) [India], May 25: Maheshkumar Jogani, CEO of Jogani Group, hailed PM Narendra Modi's efforts and vision for uplifting the Indian textile industry, taking into account the interest of every stakeholder of supply and production chains (farmers, labour, small and big enterpris
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Foreign Exchange Industry calls for clarity on proposed 20 per cent TCS: S
Updated : 2 years, 9 months ago IST
Mumbai (Maharashtra) [India], May 25: The foreign exchange Industry has expressed serious concerns about the applicability of 20 per cent Tax Collection at Source (TCS) under the Liberalized Remittance Scheme (LRS) effective from July 1, 2023. On 19th May, 2023, Ministry of Finance clarif
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Gold worth over Rs 67 lakh seized at Trichy airport
Updated : 2 years, 9 months ago IST
The official said that the gold was seized from a male passenger who arrived from Kuala Lumpur on Monday.
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India's forex reserves almost touch USD 600 bln, hit one-year high
Updated : 2 years, 9 months ago IST
In October 2021, the country's foreign exchange reserves touched an all-time high of about USD 645 billion.
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India's forex reserves ease after hitting over nine-month highs
Updated : 2 years, 10 months ago IST
According to RBI's latest data, India's foreign currency assets, the biggest component of the forex reserves, fell by USD 2.14 billion to USD 514.48 billion.
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ICICI Bank offers strong network of Rupee Vostro Accounts
Updated : 2 years, 10 months ago IST
This initiative is in line with India's Foreign Trade Policy 2023 and RBI's framework for invoicing, payment, and settlement of exports/imports in INR, in addition to US Dollar, Euro and other currencies, according to a statement from ICICI Bank.
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Delhi Police bust gang of online fraudsters involved in hawala transaction
Updated : 2 years, 11 months ago IST
According to police, money was withdrawn from Hongkong China, Dubai UAE, Bangkok and Thailand since 2019 and was brought to India using Hawala channels.
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ED seizes Rs 75 lakh cash, documents of 200 bank accounts, 50 shell firms
Updated : 2 years, 11 months ago IST
The Enforcement Directorate (ED) has seized Rs 75 lakhs of Indian and foreign currency as well as some documents pertaining to nearly 200 bank accounts and 50 shell entities from the premises of jailed gangster-turned-politician Atiq Ahmad and his associates.
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India's foreign exchange reserves decline 329 mn to USD 578.45 bn
Updated : 2 years, 11 months ago IST
According to RBI's latest data, India's foreign currency assets, the biggest component of the forex reserves, fell by USD 4.38 billion to USD 509.691 billion
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Rs 56 lakh in foreign currency, 1 kg gold seized in separate cases at Chen
Updated : 2 years, 11 months ago IST
Air Intelligence Unit (AIU) of the Customs department seized foreign currency valued at Rs 55.83 lakh at Chennai airport on Thursday and nabbed two passengers carrying the foreign currency, said the official Twitter handle of Chennai customs.
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Patna: Liquor bottles recovered from Maurya Hotel owner's residence during
Updated : 2 years, 11 months ago IST
Enforcement Directorate has recovered 14 bottles of liquor during a raid at the residence of SP Sinha - owner of Patna' famous Maurya hotel. ED team from Uttar Pradesh's Prayagraj had come to Bihar on Saturday after a man having links Maury hotel with was held with foreign currency at Banara
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India's forex reserves rise sharply
Updated : 2 years, 11 months ago IST
India's foreign exchange reserves rose sharply by USD 12.798 billion to USD 572.801 billion in the week ending March 17, according to the Reserve Bank of India's latest data.
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