Search For "foreign exchange"
FERA case: Delhi court orders attachment of Mallya's assets
Updated : 7 years, 5 months ago IST
New Delhi [India] (ANI) Oct 11: A Delhi court on Thursday ordered attachment of liquor baron Vijay Mallya's Bengaluru properties in a case related to Foreign Exchange Regulation Act (FERA) violations.
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ED conducts searches at 11 premises of Hawala operator
Updated : 7 years, 5 months ago IST
New Delhi [India], Sep 19 (ANI): The Enforcement Directorate (ED) has conducted searches at 11 premises in New Delhi and Mumbai to unearth international Hawala racket of more than Rs 700 crore related with Dubai based Hawala operator, Pankaj Kapur and his associates under the provisions of F
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Govt confident of defending dollar-rupee fluctuations: Sanjeev Sanyal
Updated : 7 years, 6 months ago IST
New Delhi [India], Sep 14 (ANI): The Principal Economic Advisor in the Finance Ministry, Sanjeev Sanyal on Friday said that the Government is confident of defending dollar-rupee fluctuations, adding that foreign exchange reserves are sufficient to defend the rupee.
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Rupee touches all-time record low of 70.82
Updated : 7 years, 6 months ago IST
New Delhi [India], Aug. 30 (ANI): Plunging to a fresh low, the Indian currency on Thursday opened at 70.82 versus the US dollar.
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UAE Exchange (India) is now Unimoni
Updated : 7 years, 7 months ago IST
New Delhi [India], Aug 7 (ANI): As part of its global rebranding exercise, UAE Exchange, a leading global money transfer, foreign exchange, payments and credit solutions brand, has rebranded its India operations to Unimoni.
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ED slaps 121 Cr penalty on BCCI, others for FEMA violation
Updated : 7 years, 9 months ago IST
New Delhi [India], May 31 (ANI): The Enforcement Directorate (ED) on Thursday levied penalties on the Board for Control of Cricket in India (BCCI) and its former chief N. Srinivasan among others over alleged violations in Foreign Exchange Management Act (FEMA) regulations in the 2009 edit
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Nawaz Sharif has to respond to it: MEA on 4.9 billion dollars laundered to
Updated : 7 years, 10 months ago IST
New Delhi [India], May 10 (ANI): The Ministry of External Affairs (MEA) on Thursday refused to comment on the media reports surfacing that Pakistan's former prime minister Nawaz Sharif laundered 4.9 billion dollars to India, saying, " This is something that former Pakistani Prime Minister Na
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Pak's NAB orders inquiry against Nawaz Sharif over laundering $4.9 billion
Updated : 7 years, 10 months ago IST
Islamabad [Pakistan], May 08 (ANI): Pakistan's National Accountability Bureau (NAB) has ordered an inquiry against former prime minister Nawaz Sharif and others for allegedly laundering $4.9 billion to India, according to reports in the Pakistani media.
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Pak looks to expatriates, China for FOREX help
Updated : 7 years, 11 months ago IST
London [United Kingdom], April 17 (ANI): To stave off a potential foreign exchange crisis, Pakistan is reportedly planning to raise hundreds of millions of dollars from Pakistani expatriates and wealthy Chinese investors.
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US Treasury Department adds India on its watch list
Updated : 7 years, 11 months ago IST
Washington D.C. [United States], April 15 (ANI): The United States Treasury Department has added India to the currency practices and macroeconomic policies monitoring list, citing an increase in the foreign exchange of the country in the first three quarters of the year 2017.
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India's forex reserves hit life-time high
Updated : 7 years, 11 months ago IST
New Delhi [India], Apr. 07 (ANI): India's foreign exchange reserves hit a life-time high of 424.361 billion US dollars, after rising by 1.828 billion dollars in the week to March 30, the Reserve Bank of India (RBI) confirmed.
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FEMA violation: Srinivasan pleads innocent
Updated : 8 years ago IST
Mumbai, (Maharashtra) [India] Mar 12 (ANI): On the last day of cross-examination by the Enforcement Directorate (ED) in connection with alleged Foreign Exchange Management Act (FEMA) violations, i.e. transfer of huge funds from India to Cricket South Africa during IPL season 2 (2009), former
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