Falling crude oil prices, a surplus in services exports and steady remittance inflows are expected to prevent India's current account deficit (CAD) from widening sharply, even as goods exports face pressure from global headwinds, according to a report by Crisil.
New Delhi [India], December 23: Comviva, the global leader in digital transformation solutions, specializing in customer experience management, data monetization, and digital financial services, has been honoured with the IBS Intelligence Global FinTech Innovation Award 2025 for 'Best In-Cla
External Affairs Minister S Jaishankar on Wednesday highlighted the strides made in the last ten years on the front of mobility of Indian talent- through the expansion of passport services, to welfare funds for Indians abroad and how Indian demography is stepping up and meeting the needs
The proposed UPI-TIPS interlinkage aims to facilitate cross-border remittances between India and the Euro Area and is expected to benefit users of both jurisdictions, the RBI said in a statement.
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.
The ED is investigating alleged illegal outward remittances, undisclosed foreign assets and offshore entities in connection with Ambani and companies in the Reliance Anil Ambani Group (RAAG).
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.
Pakistan's Finance Ministry warned that ongoing floods may temporarily push inflation to 3.5-4.5% in September by disrupting food supply chains, Dawn reported. Despite this, large-scale manufacturing, remittances and exports showed resilience, helping the economy maintain stability with an e
Supporters of former Bangladesh Prime Minister Sheikh Hasina have been holding protests outside the United Nations Headquarters in New York, voicing their opposition to current interim leader Muhammad Yunus.
New Delhi [India], September 26: Embarking on an educational journey abroad is a significant milestone for Indian students and their families. One of the critical aspects of studying overseas is ensuring that financial transactions, such as tuition fee payments and regular remittances, are h
Bengaluru (Karnataka) [India], September 25: Xflow today announced the launch of Compliance Desk, a managed service that allows Indian exporters to outsource the complex compliance requirements tied to cross-border payments. With every foreign inward remittance involving bank-specific paperw
Taking a dig at Prime Minister Narendra Modi, citing US President Donald Trump's recent remarks that he shares "very close" relations with India and him, Shrinate said, "There was a lot of birthday bonhomie, and then, in just two days, America launched such a massive attack on India."