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India’s Forex Reserves Rise by $ 10.87 Billion as RBI Buys Dollars

India’s Forex Reserves Rise by $ 10.87 Billion as RBI Buys Dollars

RBI's dollar buying, gold gains boost reserves for fifth week in a row.

11 April 2025 3:29 PM

RBI Includes Spot Deals to Expand Forex Reporting Requirements

RBI Includes Spot Deals to Expand Forex Reporting Requirements

MUMBAI: The Reserve Bank on Friday said it has decided to expand the reporting requirement of forex transactions and...

8 Nov 2024 4:15 PM

Rupee opens on flat note at 84.08 against US dollar

Rupee opens on flat note at 84.08 against US dollar

Mumbai: The rupee opened on a flat note and depreciated 1 paisa to 84.08 against the US dollar in initial deals on...

29 Oct 2024 5:36 AM

RBI Directs Banks to Comply Guarantee Contract With FEMA

RBI Directs Banks to Comply Guarantee Contract With FEMA

Mumbai: The Reserve Bank of India (RBI) has asked banks to ensure that any guarantee contracts they advise or facilitate...

10 Oct 2024 5:11 PM

RBI Issues Norms to Restricts Banks Capital Market Exposure

Current Affairs

RBI Issues Norms to Restricts Banks Capital Market Exposure

Mumbai: The Reserve Bank of India (RBI) on Friday issued norms to reduce the risk faced by banks in their exposure...

3 May 2024 5:05 PM

Report Unauthorised Forex Trading to ED, RBI Tells Banks

Report Unauthorised Forex Trading to ED, RBI Tells Banks

Mumbai: The Reserve Bank of India (RBI) on Wednesday raised concerns about unauthorised entities offering foreign...

24 April 2024 3:45 PM

Abhijit Bhattacharyya | Why allow yuan payments for import of Russian oil?

Abhijit Bhattacharyya | Why allow yuan payments for import of Russian...

The “globalised village economy” has suddenly cast a magical spell over the vast Eurasian landmass. In a...

18 July 2023 6:30 PM

Choosing the right Forex broker is critical for traders to succeed in the ever-evolving market. (Photo by arrangement)

Updated List of Best Forex Brokers for 2023 by Traders Union

Choosing the right Forex broker is a crucial step for any trader, whether you're a beginner or a seasoned...

8 May 2023 6:44 PM

Telangana migrant workers displaying placards demanding Pravasi Bharat welfare board at Qatar. (File Photo By Arrangement)

TPCC seeks Rs 500 crore budget allocation for Gulf migrant workers

Hyderabad: NRI cell Gulf convener of TPCC Singireddy Naresh Reddy demanded an allocation of Rs 500 crore for the welfare...

28 Jan 2023 6:44 PM

Enforcement Directorate. (Photo: Representational Image)

HC stayed ED`s investigation against Sukesh Gupta in MMTC case

Hyderabad: The Telangana High Court stayed the Enforcement Directorate’s investigation and proceedings against...

20 Jan 2023 6:26 PM

Rupee depreciated 31 paise to 76.10 against the US dollar in opening trade. (PTI Photo)

Rupee falls 19 paise to close at lifetime low of 80.98 against US...

MUMBAI: The rupee slumped 19 paise to close at a fresh lifetime low of 80.98 against the US dollar on Friday, weighed...

23 Sept 2022 11:24 AM