Search For "foreign exchange"
Anil Ambani's wife Tina appears before ED in alleged foreign exchange viol
Updated : 2 years, 8 months ago IST
Tina Ambani, wife of industrialist Anil Ambani, appeared before the Enforcement Directorate's Mumbai office on Tuesday.
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Chinese yuan weakens to 7.2258 against US dollar
Updated : 2 years, 8 months ago IST
In China's spot foreign exchange market, the yuan is allowed to rise or fall by two per cent from the central parity rate each trading day.
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IMF bailout will help strengthen Pakistan's foreign exchange reserves: PM
Updated : 2 years, 8 months ago IST
After Pakistan signed a staff-level agreement on a "standby arrangement" for nine months, contributing to Pakistan's economic stability, Prime Minister Shehbaz Sharif expressed his appreciation on Friday, ARY News reported.
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Pakistan: Energy plans from Iran in danger due to militant attacks
Updated : 2 years, 8 months ago IST
According to analysts, Pakistan's attempt to resolve the foreign exchange crisis by importing energy from Iran could be in danger since a militant attack near their border has thrown future deals into doubt, reported Nikkei Asia.
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BuddyX - Empowering Communities through Decentralized Crypto and Forex Pla
Updated : 2 years, 8 months ago IST
New Delhi [India], June 23: In the fast-paced world of decentralized finance and foreign exchange, BuddyX is making waves with its groundbreaking community building platform. Combining the power of blockchain technology and the potential of the crypto market, BuddyX is revolutionizing the wa
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Pak: Import of food and drink products to stop after June 25
Updated : 2 years, 8 months ago IST
Commercial importers in Pakistan have announced to stop the import of all food and drink commodities after June 25 due to the non-availability of foreign exchange, reported Pakistan vernacular media Intekhab Daily.
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India's forex reserves declined USD 1.32 bln last week to USD 593.75 bln
Updated : 2 years, 9 months ago IST
India's overall foreign exchange reserves declined USD 1.318 billion to USD 593.749 billion in the week that ended on June 9, 2023, data released by the Reserve Bank of India on Friday showed.
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Migrate with Confidence: "Unimoni India's One-Stop Solution for a Seamless
Updated : 2 years, 9 months ago IST
Kochi (Kerala) [India], June 12: Many people migrate in search of better education, and this is also true for Indian students. The total of Indian students studying abroad has been increasing by 40 per cent annually, a significant trend. Indian students prefer studying abroad to settle down
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China's actions exacerbating Pakistan's debt issue
Updated : 2 years, 9 months ago IST
By December 2022, Pakistan's external debt had reached USD 126 billion; accounting for 35 per cent of its GDP. The problem is an outcome of legacy issues plaguing the Pak economy including dwindling foreign exchange reserves, high inflation, a lack of foreign investments and balance of payme
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ED issues show-cause notices to Xiaomi, three banks for FEMA violation
Updated : 2 years, 9 months ago IST
The Adjudicating Authority has issued show cause notices to Xiaomi Technology India Private Limited, its officials and three banks under section 16 of the Foreign Exchange Management Act on the basis of a complaint filed by the Enforcement Directorate (ED) with respect to illegal remittances
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Indian forex reserves decline USD 4.3 billion, hit one-month low
Updated : 2 years, 9 months ago IST
India's overall foreign exchange reserves declined from USD 4.339 billion to USD 589.138 billion in the week that ended on May 26, 2023, data released by Reserve Bank of India on Friday showed.
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ED searches companies in Pune, Ahmednagar on forex rules violation charges
Updated : 2 years, 9 months ago IST
The Enforcement Directorate conducted searches at Pune and Ahmednagar in late May in connection with Foreign Exchange Management Act violations by VIPS Group of Companies and Global Affiliate Business managed and controlled by one Vinod Khute and his relatives.
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