
There are many zero foreign transaction credit cards available today. The foreign transaction fee is charged on various transactions, including…
In the fiscal year 2023-24, India received approximately USD 125 billion in remittances from the Middle East. The Gulf countries…
Foreign currency assets rose $3.4 billion to $569 billion in the week ended May 17.
With trading volumes drying up, brokerages will shift the workforce from their currency derivatives desk to other verticals, he added.
Active intervention by the RBI is likely to keep the volatility in check and the latest data showed reserves have…
The previous peak was achieved in September 2021, when India’s foreign exchange reserves peaked at $642.453 billion.
The accused provided bank account details and coerced the victims to make online payments to the tune of Rs 60.2…
For the week ending February 23, the foreign currency assets, a major component of the reserves, increased by USD 2.405…
The reserves took a hit as the central bank deployed the kitty to defend the rupee amid pressures caused majorly…
On the domestic front, market participants will be keeping an eye on the inflation number this week, and the expectation…
Forex traders said the rupee is likely to trade with a negative bias on risk aversion in global markets and…
The Journal reported hours earlier that Pan would be named to the party post before being appointed by the government…
Thomas Cook India bullish on the overseas education segment which is displaying accelerated growth.
The overall reserves had jumped by USD 5.93 billion to USD 595.067 billion for the previous reporting week.
HDFC Bank has explained the new 20% TCS provision for forex withdrawals/remittances. Let’s have a look
It can be noted that in October 2021, the country’s forex kitty had reached an all-time high of USD 645…
For the week ended May 26, the foreign currency assets, a major component of the reserves, declined by USD 4.014…
In a second consecutive weekly increase, India’s forex reserves rose USD 5.977 billion to USD 578.778 billion in the week…