Search For "foreign exchange"
ED conducts multi-city searches against Ranchi-based chartered accountant
Updated : 3 months, 2 weeks ago IST
The Enforcement Directorate (ED) on Tuesday launched extensive searches across multiple locations in Jharkhand, Maharashtra, and Gujarat in connection with an ongoing probe under the Foreign Exchange Management Act (FEMA), officials said.
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India's current account deficit narrows sharply to USD 12.3 billion, 1.3%
Updated : 3 months, 2 weeks ago IST
The merchandise trade deficit moderated to US$ 87.4 billion in Q2, marginally lower than USD 88.5 billion in the corresponding period last year. Exports and imports both grew, but the increase in exports helped contain the deficit.
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ED issues show-cause notices to Kerala CM, KIIFB officials over alleged FE
Updated : 3 months, 2 weeks ago IST
The Enforcement Directorate (ED) issued show cause notices to Kerala Chief Minister Pinarayi Vijayan and officials of the Kerala Infrastructure Investment Fund Board (KIIFB) in connection with alleged violations under the Foreign Exchange Management Act (FEMA), officials said.
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India's forex reserves drop $4.5 billion, still hovers around record high
Updated : 3 months, 2 weeks ago IST
India's foreign exchange reserves declined by USD 4.472 billion in the week that ended November 21 to USD 688.104 billion, driven by a slump in both foreign currency assets and gold reserves, the Reserve Bank of India's latest 'Weekly Statistical Supplement' data showed.
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Diversify in quality bonds, forex to manage market volatility amid economi
Updated : 3 months, 3 weeks ago IST
As global markets continue to face uncertainty, investors should focus on diversification through quality bonds and foreign exchange (FX) strategies to manage volatility, HSBC said in its latest report.
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RBI adds seven more platforms to 'Alert List' of unauthorised forex tradin
Updated : 3 months, 3 weeks ago IST
The central bank's notice said that these platforms are not authorised to deal in forex transactions under the Foreign Exchange Management Act (FEMA)
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MobiKwik pioneers Instant Forex purchase in partnership with NBBL
Updated : 3 months, 4 weeks ago IST
Gurugram (Haryana) [India], November 18: MobiKwik, India's leading digital wallet and UPI platform announced the launch of Forex payments on its mobile app in partnership with NPCI Bharat BillPay Limited (NBBL). With this milestone, MobiKwik becomes one of the first fintechs to bring digital
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India's forex reserves drop further, by $2.7 billion to $687 billion in la
Updated : 4 months ago IST
India's foreign exchange reserves declined by USD 2.699 billion in the week that ended November 7 to USD 687.034 billion, driven by a slump in both foreign currency assets and gold reserves, the Reserve Bank of India's latest 'Weekly Statistical Supplement' data showed.
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Indian Rupee bottomed out after being worst EM performer in 2025: Jefferie
Updated : 4 months ago IST
India's currency rupee, may finally have bottomed out after a persistent weakness, according to Jefferies. In its latest GREED & fear report, the global financial services firm highlighted a "growing likelihood that the rupee has bottomed" following its months-long depreciation.
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ED issues fresh summons to industrialist Anil Ambani in FEMA case, rejects
Updated : 4 months ago IST
The Enforcement Directorate on Friday issued fresh summons to industrialist Anil Ambani asking him to join the investigation on November 17 in connection with an ongoing investigation against him under a Foreign Exchange Management Act (FEMA) case, officials said.
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Recent Gold rally signals positive year ahead for equities: Report
Updated : 4 months ago IST
A rally in gold prices could be setting the stage for a positive phase in Indian equities over the next 12 months, according to a report by JM Financial.
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Finmo and Standard Chartered Partner to Integrate Global Currency Accounts
Updated : 4 months ago IST
Singapore, November 12: Finmo, the modern Treasury Operating System for global businesses, has partnered with Standard Chartered, a leading international banking group, to launch Global Currency Account (GCA) capabilities that enable businesses to manage pay-ins, pay-outs, and foreign exchan
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