Search For "foreign exchange"
Byju's founder Raveendran writes to employees on ED searches
Updated : 2 years, 10 months ago IST
He wrote that Byju's was funded by more than 70 impact investors who have satisfactorily done due-diligence on operations. Raveendran said he was confident that the authorities will also come to the same conclusion.
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'Routine inquiry, closely working with authorities', Byju's says after ED
Updated : 2 years, 10 months ago IST
The recent visit by officials from the Enforcement Directorate (ED) was related to a routine inquiry under the Foreign Exchange Management Act (FEMA), according to a Byju's legal spokesperson.
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ED conducts searches at office, residence of Byju's CEO Raveendran
Updated : 2 years, 10 months ago IST
The Directorate of Enforcement (ED) has conducted searches and seizure action at three premises in Bengaluru in the case of Raveendaran Byju and his company 'Think & Learn Private Limited' under the provisions of the Foreign Exchange Management Act (FEMA).
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Amid surge in inflation, Pakistanis face difficulties in performing Haj
Updated : 2 years, 10 months ago IST
Amid a rise in inflation and a shortage of foreign exchange reserves, people in Pakistan have started to face difficulties in performing Haj, Pakistan vernacular media reported.
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India's forex reserves rise by USD 1.657 bn, reach 9-month high
Updated : 2 years, 10 months ago IST
According to the weekly statistical supplement of Reserve Bank of India released on Friday evening, gold reserves of the country declined by USD 521 million to USD 46.125 billion.
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Pak: Everyday essentials out of reach for people amid rising inflation
Updated : 2 years, 11 months ago IST
As Pakistan continues to grapple with economic challenges due to a shortage of foreign exchange reserves, the citizens find it tough to buy everyday essentials like flour, oil and gas.
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Hostile attitude of Islamabad, SBP forcing multinationals to flee crisis-h
Updated : 2 years, 11 months ago IST
During the past few months, several multinational companies have expressed dismay over institutional hurdles impacting their businesses. Most prominent among them is the excessive foreign exchange control followed by Pakistan.
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India plays key role in IMF's clearance of 48-month EFF worth USD 2.9 bill
Updated : 2 years, 11 months ago IST
India earnestly supported Sri Lanka in this arduous journey of mobilizing IMF support amid a serious foreign exchange crisis and consequent harsh economic conditions.
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ED files case against BBC for irregularities in foreign funds
Updated : 2 years, 11 months ago IST
The Enforcement Directorate has filed a case against BBC India under Foreign Exchange Management Act (FEMA) for irregularities in foreign funding.
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India's foreign exchange reserves decline 329 mn to USD 578.45 bn
Updated : 2 years, 11 months ago IST
According to RBI's latest data, India's foreign currency assets, the biggest component of the forex reserves, fell by USD 4.38 billion to USD 509.691 billion
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Pakistan's politicians are failing their most vulnerable people
Updated : 2 years, 11 months ago IST
No attempt was made to reduce wasteful government spending or energy usage. No attempt was made to win back external creditors who have dumped Pakistani assets, unnerved by highly irresponsible comments from key policymakers. Promises made to the IMF were broken and wild accusations were hur
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India's foreign exchange earnings via tourism rise 107 pc in 2022
Updated : 2 years, 11 months ago IST
India received 6.19 million Foreign Tourist Arrivals (FTAs) during 2022 as compare to 1.52 million during the same period of 2021, Minister of Culture, Tourism and Development of North-Eastern Region G Kishan Reddy said. Reddy was quoting latest data from the Bureau of Immigration in a reply
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