Search For "foreign exchange"
ED seizes Rs 106.93-cr of Chinese controlled firm in FEMA violation
Updated : 4 years, 6 months ago IST
New Delhi [India], August 26 (ANI): The Enforcement Directorate (ED) has seized an amount of Rs 106.93 crore lying in bank accounts and virtual accounts with payment gateways belonging to Chinese controlled firm PC Financial Services Private Limited (PCFC) on charges of violating Foreign Exc
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Equity markets shut on account of Muharram
Updated : 4 years, 6 months ago IST
Mumbai (Maharashtra) [India], August 19 (ANI): National Stock Exchange (NSE) of India and BSE Ltd (earlier known as Bombay Stock Exchange) remained closed on Thursday on account of Muharram.
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Korea's foreign exchange reserves of 458.7 billion dollars in July, the 'l
Updated : 4 years, 7 months ago IST
Seoul [South Korea], August 4 (ANI/Global Economic): At the end of July this year, Korea's foreign exchange reserves reached 458.68 billion dollars, the largest amount ever again.
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Porn film case: ED likely to file PMLA, FEMA cases against Raj Kundra
Updated : 4 years, 7 months ago IST
New Delhi [India], July 24 (ANI): Raj Kundra, husband of Bollywood actor Shilpa Shetty, will soon face money laundering and Foreign Exchange Management Act (FEMA) cases against him as Enforcement Directorate (ED) is likely to register cases under these Acts against him.
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ED issues reminder notice to Syed Shah Geelani to pay Rs 14.4 lakh penalty
Updated : 4 years, 8 months ago IST
Srinagar (Jammu and Kashmir) [India], July 14 (ANI): The Enforcement Directorate (ED) sent a reminder notice to former Hurriyat leader Syed Ali Shah Geelani to pay a penalty of Rs 14.4 lakh, which was imposed upon him under the Foreign Exchange Management Act (FEMA).
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Fitch affirms Sri Lanka at CCC amid debt service challenges
Updated : 4 years, 9 months ago IST
Hong Kong, June 16 (ANI): Fitch Ratings has affirmed Sri Lanka's long-term foreign-currency issuer default rating at CCC.
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NITI Aayog releases annual plan for gradual rollout of E20 ethanol
Updated : 4 years, 9 months ago IST
New Delhi [India], June 7 (ANI): The NITI Aayog on Monday released the annual plan for the gradual rollout of E20 ethanol in the country which will result into saving Rs 30,000 crore of foreign exchange per year among other benefits.
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US dollar share of global foreign exchange reserves drops to 25-year low:
Updated : 4 years, 10 months ago IST
Washington DC [USA], May 8 (ANI): The share of US dollar reserves held by central banks fell to 59 per cent -- its lowest level in 25 years -- during the fourth quarter of 2020, according to a recent survey by the International Monetary Fund (IMF).
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Maruti Suzuki Q4 profit skids 11 pc to Rs 1,166 crore
Updated : 4 years, 10 months ago IST
New Delhi [India], April 27 (ANI): Maruti Suzuki India on Tuesday reported standalone net profit of Rs 1,166 crore for the January to March 31 quarter, down 11 per cent from Rs 1,292 crore year-on-year due to rising commodity prices, adverse foreign exchange fluctuation and lower gains on in
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BSE, NSE closed on account of Good Friday
Updated : 4 years, 11 months ago IST
Mumbai (Maharashtra) [India], April 2 (ANI): The National Stock Exchange (NSE) of India and BSE Ltd (earlier known as Bombay Stock Exchange) were closed on account of Good Friday.
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NSE, BSE shut on account of Mahashivratri
Updated : 5 years ago IST
Mumbai (Maharashtra) [India], Mar 11 (ANI): BSE Ltd (earlier known as Bombay Stock Exchange) and National Stock Exchange (NSE) of India were closed on Thursday on account of Mahashivratri.
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No violation of Foreign Exchange Act at KIIFB, says Kerala Finance Ministe
Updated : 5 years ago IST
Kochi (Kerala) [India], March 4 (ANI): Kerala Finance Minister Thomas Isaac on Wednesday said that there was no violation of the Foreign Exchange Management Act (FEMA) in alleged case of external borrowings of Kerala Infrastructure Investment Fund Board (KIIFB) through Masala Bonds.
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