The current provision under Section 2(z) of the Act mandates that proceeds from SEZ-to-DTA supplies of services must be realised in foreign...

Moody's Ratings increased India's economic growth forecast for fiscal year 2027 to seven percent. The agency cited the nation's resilience ...

India faces a significant trade deficit with China, importing substantially more goods than it exports. Chinese firms offer superior price ...

India covered approximately USD 45 million in interest payments over five years. Malé fully repaid the USD 150 million Treasury bill facili...

China has expanded yuan foreign-exchange clearing to include the Singapore dollar, New Zealand dollar and Thai baht, as Beijing seeks to wi...

Faced with challenges, the Malaysian government is exploring options for other airlines to take over AirAsia's domestic market presence. Th...

Federal Reserve Rate Impact on India: Federal Reserve rate hike is set to intensify pressure on India’s rupee, bond yields, inflation and m...

The way things are panning out in the Gulf region, in Wall Street, and in the Bay Area in northern California, the chances of greater volat...

HSBC and ICICI Bank led lending under a special foreign-exchange swap program. These two banks disbursed a combined $19.3 billion through t...

Trade agreements beyond the multilateral trading system can also offer examples whereby unilateral enforcement mechanisms have been tailore...

Drydocks World and Cochin Shipyard Limited have formed a joint venture. This partnership will operate and expand the International Ship Rep...

This marks the relaunch of China Southern's India service after a six-year suspension. Following the restart, the airline will run over 100...

The Reserve Bank of India possesses tools to manage banking liquidity from deposit inflows. Governor Sanjay Malhotra indicated a readiness ...

MobiKwik has expanded its digital foreign exchange service to six currencies, including the UAE dirham and euro. This new multi-currency of...

The Reserve Bank of India will add five currency pairs—euro, British pound, Swiss franc, Canadian dollar and Emirati dirham—to its FX-Retai...

The Reserve Bank of India has approved ICICI Prudential Asset Management Company's proposal. This approval allows an aggregate holding of u...

South Korea’s National Pension Service has suspended foreign exchange hedging as the won strengthened to a near two-year high against the d...