Search For "foreign exchange"
India's forex reserves decline for fifth week, possibly due to RBI selling
Updated : 1 year, 4 months ago IST
India's foreign exchange reserves fell for the fifth consecutive week after reaching an all-time high last month.
Read More
ED raids 19 places over alleged FEMA violations by Amazon, Flipkart
Updated : 1 year, 4 months ago IST
The Enforcement Directorate (ED) on Thursday conducted searches under the Foreign Exchange Management Act (FEMA) at 19 premises of main vendors of e-commerce giants Amazon and Flipkart across multiple cities, including Delhi, Bengaluru, Mumbai, Hyderabad, and Panchkula (Haryana).
Read More
India's foreign exchange reserves decline for fourth week after stellar ru
Updated : 1 year, 4 months ago IST
India's foreign exchange reserves slumped for the fourth straight week after having scaled an all-time high last month.
Read More
With growing economy, India has 4th largest forex reserves after China, Ja
Updated : 1 year, 4 months ago IST
With its growing economic strength, India has achieved the significant feat of joining the ranks of the world's largest foreign exchange reserves, securing the 4th position globally after China, Japan, and Switzerland.
Read More
Amid global economic crisis, RBI hikes its gold reserve to 855 metric tonn
Updated : 1 year, 4 months ago IST
Amid the ongoing global crisis India's total gold reserves held by the Reserve Bank of India (RBI) stand at 854.73 metric tonnes, according to the latest report by the central bank.
Read More
RBI report shows India's forex reserves cover stands at 11.2 months of imp
Updated : 1 year, 4 months ago IST
The Reserve Bank of India (RBI) in its latest report stated that the country's foreign exchange reserves cover of imports (on balance of payments basis) stood at 11.2 months
Read More
Travel Smarter: Essential Foreign Exchange Tips
Updated : 1 year, 4 months ago IST
New Delhi [India], October 25: Foreign currency exchange is something most of us consider when planning to go abroad for either business or leisure. One must, therefore, know how to get through foreign currency exchange to avoid both time and money. The right approach can distinguish between
Read More
Court grants bail to man accused in Rs 328 crore overseas transfer using b
Updated : 1 year, 4 months ago IST
A Delhi Court has recently granted bail to Rupesh Batra, accused in an alleged case of acquiring foreign exchange worth Rs.328,22,70,844 through 53 accounts linked with shell companies and transferring the same abroad in a disguised manner.
Read More
India's foreign exchange reserves see USD 3.7 billion dip after scaling al
Updated : 1 year, 5 months ago IST
India's foreign exchange reserves dipped USD 3.7 billion to USD 701.18 billion as of October 4 after scaling all-time high, according to data released by Reserve Bank of India on Friday
Read More
India's foreign exchange reserves cross USD 700 billion first time
Updated : 1 year, 5 months ago IST
India's foreign exchange reserves scaled a new high again, crossing the USD 700 billion milestone.
Read More
High forex reserves, low external debt supporting India's credit rating: C
Updated : 1 year, 5 months ago IST
India's high foreign exchange reserves and low levels of external debt are contributing to its overall credit profiling, said CareEdge Ratings on Thursday, as the rating agency assigned 'BBB+' sovereign ratings to India.
Read More
India's forex reserve touches fresh record high of USD 692.3 billion
Updated : 1 year, 5 months ago IST
India's foreign exchange reserves scaled a new high of USD 692.296 billion, jumping by USD 2.838 billion in the week that ended on September 20, as per the data released by the Reserve Bank of India (RBI) on Friday.
Read More