Search For "foreign exchange"
Trade deal with US eases uncertainty, strengthens India's debt market: Tru
Updated : 1 month, 1 week ago IST
Nahata said the tariff rate under the deal had been fixed at 18%, a level he described as favourable for financial markets across debt, equity and foreign exchange. He pointed to a clear reaction in the bond market, where the 10-year government security yield softened after the announcement.
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India's forex reserves hit record high of $709.4 billion
Updated : 1 month, 1 week ago IST
India's foreign exchange reserves reached a new all-time high in the week ended January 23, according to the Reserve Bank of India's latest data.
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Strengthening manufacturing capacity essential for achieving long-term cur
Updated : 1 month, 2 weeks ago IST
During the presentation on the Economic Survey, CEA outlined a clear pathway to currency strength: robust growth in manufacturing exports leads to improved current account positions, which in turn supports the build-up of foreign exchange reserves and enables a gradual strengthening of cu
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India saved USD 19.3 billion in forex with 20% ethanol blending, targets 1
Updated : 1 month, 2 weeks ago IST
India achieved nearly 20% ethanol blending in Ethanol Supply Year (ESY) 2025, resulting in foreign exchange savings of approximately USD 19.3 billion and direct payments exceeding USD 15 billion to farmers over the last decade, said Hardeep Singh Puri, Union Minister for Petroleum and Natura
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India's forex reserves rise over $14 billion to $701 billion as of January
Updated : 1 month, 2 weeks ago IST
India's foreign exchange reserves rose sharply, by USD 14.167 billion in the week that ended January 16, to USD 701.360 billion, driven by a jump in both gold reserves and foreign currency assets, the Reserve Bank of India's latest 'Weekly Statistical Supplement' data showed. This followed a
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EbixCash World Money Becomes the First AD-II Licensed Entity to Receive In
Updated : 1 month, 3 weeks ago IST
New Delhi [India], January 22: EbixCash World Money, a flagship subsidiary of Eraaya Lifespaces limited and a leading player in international payments, foreign exchange, and remittance solutions, today announced that Buyforex, its wholly owned subsidiary, has received in-principle approval f
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India forex reserves rise $392 million to $687.2 billion in week that ende
Updated : 1 month, 3 weeks ago IST
India's foreign exchange reserves rose marginally, by USD 392 million in the week that ended January 9, to USD 687.193 billion, driven by a jump in gold reserves while foreign currency assets dropped, the Reserve Bank of India's latest 'Weekly Statistical Supplement' data showed. This follow
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India forex reserves fall sharp $9.8 billion in week that ended Jan 2
Updated : 2 months ago IST
India's foreign exchange reserves dropped sharply, by USD 9.809 billion in the week that ended January 2 to USD 686.801 billion, driven by a slump in both gold reserves and foreign currency assets, the Reserve Bank of India's latest 'Weekly Statistical Supplement' data showed.
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Pakistan's rush toward 5G risks becoming another costly policy misfire
Updated : 2 months, 1 week ago IST
Pakistan's telecom industry has cautioned the government against fast-tracking the launch of next-generation mobile networks without addressing fundamental affordability issues, warning that an ill-timed 5G rollout could consume limited foreign exchange and divert crucial investment from imp
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ED conducts searches in Delhi, Ghaziabad in FEMA probe against Satat Sampa
Updated : 2 months, 1 week ago IST
The Enforcement Directorate (ED) on Monday carried out searches at multiple locations in Delhi and Ghaziabad in connection with an investigation against Satat Sampada Pvt Ltd under the provisions of the Foreign Exchange Management Act (FEMA), officials said.
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India's forex kitty nears fresh all-time high, rose by $3.3 billion in lat
Updated : 2 months, 1 week ago IST
India's foreign exchange reserves rose USD 3.293 billion in the week that ended December 26 to USD 696.610 billion, driven by a jump in both gold reserves and foreign currency assets, the Reserve Bank of India's latest 'Weekly Statistical Supplement' data showed.
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India forex reserves rise $4.37 billion to $693.32 billion, near record hi
Updated : 2 months, 2 weeks ago IST
India's foreign exchange reserves rose USD 4.368 billion in the week that ended December 19 to USD 693.318 billion, driven by a jump in gold reserves and foreign currency assets, the Reserve Bank of India's latest 'Weekly Statistical Supplement' data showed.
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