Search For "foreign exchange"
India's forex reserves fell USD 5.9 billion in week that ended January 5
Updated : 2 years, 2 months ago IST
India's foreign exchange reserves declined by USD 5.898 billion to USD 617.303 billion in the week that ended on January 5, 2023, the latest data released by the Reserve Bank of India showed.
Read More
EbixCash Payment Solutions Reports Exceptional Year-over-Year Revenue and
Updated : 2 years, 2 months ago IST
Noida (Uttar Pradesh) [India], January 9: EbixCash Limited, a subsidiary of Ebix, Inc. (NASDAQ: EBIX), a leading international supplier of On-Demand software and E-commerce services to the insurance, financial, healthcare and e-learning industries, today provided a summary update about its p
Read More
Dawood Ibrahim's ancestral properties in Maharashtra to be auctioned today
Updated : 2 years, 2 months ago IST
The properties were seized by authorities under the Smugglers and Foreign Exchange Manipulators (Forfeiture of Property) Act (SAFEMA).
Read More
Ethanol blending program saved Rs 24,300 crore foreign exchange in 2022-23
Updated : 2 years, 2 months ago IST
Ethanol blending in petrol was introduced by the Centre to reduce the country's oil import costs, increase energy security, lower carbon emissions and improve air quality.
Read More
India's forex reserves rose by USD 58 billion cumulatively in 2023
Updated : 2 years, 2 months ago IST
India's foreign exchange reserves increased by USD 4.471 billion to USD 620.441 billion in the week ending December 22, 2023, hitting a 21-month high, the latest data released by the Reserve Bank of India showed. In the calendar year 2023, the RBI added about USD 58 billion to its foreign
Read More
ED searches premises in Gujarat, Assam on charges of suspicious outward re
Updated : 2 years, 2 months ago IST
The Enforcement Directorate (ED) has conducted search operations under the provisions of the Foreign Exchange Management Act (FEMA) of 1999 at the premises of Sharanam Jewels LLP, its promoter Avadh Harshad Yagnik and its associates, Vansh Marketing, a proprietorship concern of Ashik Patel a
Read More
Asia-Pacific sovereigns navigate challenges with resilient growth in 2024:
Updated : 2 years, 2 months ago IST
This resilience is attributed to the deceleration of growth in the US and China. The anticipated recovery in the tech cycle is expected to play a pivotal role, particularly benefiting countries like Korea, Malaysia, Taiwan, and Singapore.
Read More
India's forex reserves jump by USD 9 bn to USD 615 bn last week: RBI
Updated : 2 years, 2 months ago IST
India's foreign exchange reserves increased by USD 9.112 billion to USD 615.971 billion in the week ending December 15, 2023. This increase is one of the highest for a week and marks a 20-month high, data released by the Reserve Bank of India on Friday showed.
Read More
India's forex reserves rose USD 2.8 bln to USD 606.9 bln last week: RBI
Updated : 2 years, 3 months ago IST
India's overall foreign exchange reserves rose USD 2.816 billion to USD 606.859 billion in the week that ended on December 8, 2023, data released by the Reserve Bank of India on Friday showed.
Read More
Pakistan extends Haj application submission deadline till December 22
Updated : 2 years, 3 months ago IST
The move comes when the country's foreign reserves are depleting and to attract more foreign exchange, the government announced that those paying their dues in dollars from abroad will be declared as "winners" without the need for ballotting.
Read More
ED issues show cause notice to Byjus over FEMA violations worth over Rs 90
Updated : 2 years, 3 months ago IST
The Enforcement Directorate has issued show cause notices to Byjus for violations under the Foreign Exchange Management Act (FEMA) violations amounting to Rs 9362.35 crores.
Read More
BookMyForex Launches International Travel Fest with Exciting Bundled Offer
Updated : 2 years, 3 months ago IST
Gurgaon (Haryana) [India], November 21: BookMyForex, India's first online foreign exchange marketplace, has launched its highly anticipated and much-awaited International Travel Fest. Starting on 21st November, this fest brings forth a bundled offering, providing exclusive deals and discount
Read More