The Bangladesh Energy Regulatory Commission (BERC) on Sunday announced a revision in the price of Jet A-1 aviation fuel for March 2026, following a detailed review of international price trends, foreign exchange rates, and local fuel cost factors, as escalated conflict in West Asia has choke
India's macroeconomic outlook remains resilient despite heightened global risk conditions and escalating military tensions in West Asia. According to a report by Shriram Wealth, while immediate market volatility persists, India's strong foreign exchange reserves of over USD 700 billion and m
India's foreign exchange reserves dipped USD 2.119 billion in the week that ended February 20 to USD 723.608 billion, after having reached a new all-time high recently, according to the Reserve Bank of India's latest data.
The review comes at a time when multiple cases involving alleged money laundering, financial fraud, illegal foreign exchange transactions and proceeds of crime are at crucial stages, either under active investigation or pending before special courts under the Prevention of Money Launderin
He said that India can supply 50-100 tonnes to the market or they can send it to the Reserve Bank also. "Our reserves can go up. We don't need to buy from outside. We will be saving our foreign exchange," he added. He said deposits have been identified in states such as Madhya Pradesh and
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
The Enforcement Directorate (ED) has seized bank accounts, fixed deposits, mutual funds and bonds of Winzo Pvt Ltd and its subsidiary Zo Pvt Ltd of Rs 590 crore under the Foreign Exchange Management Act (FEMA), 1999, the agency said on Thursday.
Pakistan's external position has again come under strain during the first seven months of FY 2025-26, as a ballooning trade deficit offset improvements in remittances and services exports.
The Enforcement Directorate (ED) has imposed a penalty of Rs 184 crore on PPK Newsclick Studio Pvt Ltd and its director, Prabir Purkayastha, for alleged violations of the Foreign Exchange Management Act (FEMA), 1999.
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.
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.
Nguyen attributed the change partly to expectations that the India-US trade deal will boost India's export income, providing a stronger underlying flow of foreign exchange.