Search For "foreign exchange"
India's forex reserves drop further, but still around record high of $704.
Updated : 4 months ago IST
India's foreign exchange reserves declined by USD 5.623 billion in the week that ended October 31 to USD 689.733 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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ED conducts first-ever FEMA search in Nagaland; raids seven locations link
Updated : 4 months, 1 week ago IST
In its first action in Nagaland, the Enforcement Directorate (ED) on Tuesday launched search and seizure operations under the provisions of the Foreign Exchange Management Act (FEMA) in connection with a case involving Lima Imsong and others.
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India's forex reserves drop by $6.9 billion, still near record high of $70
Updated : 4 months, 1 week ago IST
India's foreign exchange reserves declined by USD 6.925 billion in the week that ended October 24 to USD 695.355 billion, driven by a slump in both foreign currency assets and gold reserves, the Reserve Bank of India (RBI) latest 'Weekly Statistical Supplement' data showed.
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South Korea, US reach agreement on trade deal
Updated : 4 months, 2 weeks ago IST
The agreement on the big frame of the trade deal in July had brought the reciprocal tariff down to 15 per cent, but South Korea's automobile export was still subject to 25 per cent tariff rate and details on the agreement were not concluded until Trump met with Lee on the sideline of APEC
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India forex reserves climb to USD 702.28 billion, nearing record high
Updated : 4 months, 2 weeks ago IST
India's foreign exchange reserves rose by USD 4.5 billion in the week that ended October 17 to USD 702.280 billion, primarily driven by a rise in gold reserves, the Reserve Bank of India (RBI) said in its latest 'Weekly Statistical Supplement'.
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India's economy remains resilient amid global headwinds: RBI Bulletin
Updated : 4 months, 3 weeks ago IST
The Reserve Bank of India (RBI), in its latest State of the Economy article published in the RBI Bulletin of October 2025, noted that while the Indian economy is not immune to global headwinds, it continues to demonstrate resilience.
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Strong coordination between monetary and fiscal policies helped India mana
Updated : 4 months, 4 weeks ago IST
Reserve Bank of India (RBI) Governor Sanjay Malhotra said that fiscal consolidation and strong coordination between monetary and fiscal policies have played a key role in helping India manage inflation while supporting economic growth during challenging times marked by tariffs and global unc
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Xflow Introduces Flexible Payment Solutions to Help SMB Exporters Navigate
Updated : 5 months ago IST
Bangalore (Karnataka) [India], October 16: Xflow, a leading cross-border payments fintech, today announced the launch of its new flexible, flat-fee pricing plans designed specifically for India's small and mid-sized exporters. The offering aims to help IT and ITeS businesses cut cross-border
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RBI eases rules to facilitate cross-border trade and export payments
Updated : 5 months ago IST
An RBI release said that Authorised Dealer (AD) banks in India and their overseas branches can now lend in Indian Rupees to individuals and institutions in Bhutan, Nepal, and Sri Lanka, including banks in these jurisdictions, to facilitate cross-border trade transactions
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IBSFINtech's InTReaX™ Achieves 'Built for NetSuite' Status
Updated : 5 months, 1 week ago IST
Mumbai (Maharashtra) [India], October 9: IBSFINtech, a globally recognized enterprise treasury technology provider, today announced that its InTReaX™ SuiteApp has achieved the 'Built for NetSuite' status. The new SuiteApp, built using the Oracle NetSuite SuiteCloud Platform, helps organizati
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Zenith Leisure partners with Pismo to launch Multi-Currency Visa Prepaid F
Updated : 5 months, 1 week ago IST
Bangalore (Karnataka) [India], October 8: Zenith Leisure Holidays Ltd., a leading provider of Travel and Foreign exchange services since 1997, announces its collaboration with Pismo, a next-generation cloud-native banking and payments platform, to launch its own Visa prepaid Forex card. T
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Forex Legacy to Future Global Payments: GlobalPay to Unveil Tech-Driven Ne
Updated : 5 months, 1 week ago IST
Mumbai (Maharashtra) [India], October 6: GlobalPay, one of India's most trusted names in foreign exchange and cross-border payments, will announce a series of milestone launches at the Global Fintech Fest (GFF) 2025. A Reserve Bank of India Authorized Dealer Category II licensed and BSE-l
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