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AUTHORISED DEALERS FOREX
India will do more to boost inflows: Finance Minister Nirmala SitharamanIndia plans further measures to attract foreign capital. Finance Minister Nirmala Sitharaman stated that additional steps will be taken if ...- GIFT City investment: Here’s how resident Indians can invest in global stocks, ETFs, and mutual fundsIndian investors can now access global stocks, mutual funds, and bonds through GIFT City, India's first smart city and International Financ...
- RBI's measures may attract USD 60-70 billion foreign capital, support rupee: India RatingsNew measures by the RBI and government aim to attract foreign capital. These steps are expected to bring in USD 60-70 billion. This influx ...
- RBI flags US-Iran war's impact on rupee, lists measures to manage forexThe Reserve Bank of India, in its annual report, said the rupee weakened nearly 10% in FY26 due to trade uncertainties, a wider deficit, th...
- AIS data errors, wrong PAN entries causing ITR filing troubleErrors in Permanent Account Number entries and duplicate transactions are creating problems for taxpayers. The Income-tax Department is wor...
- RBI eases rules for outward remittances; drops prior approval for non-bank entitiesThe Reserve Bank of India has eased rules for non-bank entities facilitating outward remittances. Prior approval from the RBI is no longer ...
- RBI introduces specific turnover thresholds for money changersThe Reserve Bank of India has introduced new rules for the money changing sector, emphasizing banking principles and setting a ₹10 crore an...
- RBI issues revised norms for entities dealing in forexThe Reserve Bank of India has introduced revised norms for foreign exchange dealings, ceasing the issuance of fresh licenses for money chan...
- RBI measures on currency temporary to curb volatility, says deputy governor SankarThe Reserve Bank of India's deputy governor stated that temporary curbs on banks' currency trading will be lifted soon. These measures were...
- Rupee falls 16 paise to 93.32 against US dollar in early tradeThe rupee fell 16 paise to 93.32 against the US dollar in early trade as the American currency strengthened and the Reserve Bank eased spec...
- RBI allows NDF contracts to clients, rebooking of related party tradesThe Reserve Bank of India has made a pivotal move by retracting its earlier April 1 directive, which had restricted banks from offering non...
- Unauthorised forex dealers duping customers: Names of 75 forex dealers on RBI’s alert listRBI has noted that these organisations are giving locals the ability to transfer or deposit money in Rupees in order to conduct illicit for...
- Paytm’s forex woes: Understanding the role of fintechs in cross-border paymentsThe Directorate of Enforcement (ED) is probing Paytm regarding forex violations by some of its merchants. In its response, Paytm has said i...
- RBI issues fresh list of unauthorised forex trading platforms; How to check authorised listIn recent months, there have been a number of instances of forex scams when con artists entice the public with the promise of substantial r...
- Forex trading, transactions with unauthorised dealers, websites can lead to trouble: How to check authorised listUsing unauthorised platforms for forex transactions could lead to loss of money and penal actions against you. So, you need to be careful w...
- Small Finance Banks allowed to offer more forex productsAs a Category-I authorised dealer, the small finance bank will be allowed to deal in all other transactions in foreign exchange like bill o...
- Fxkart.com looks to raise $5 million in Series A fundingThe startup, claimed to be India's first forex aggregator, operates through over 200 money changers catering to over 1,000 locations in the...
- Forex trade goes haywireThe foreign exchange business went into a tizzy on Friday as a service tax on forex broking services came into effect.
- VKC Credit promoters may offload up to 25%The promoters of Chennai-based VKC Credit & Forex Services, one of India’s largest money changers, are planning to offload up to 25% of the...
- It's a no-frills look for forex encashmentThose encashing foreign currencies are in for some good piece of news. They may have to fork out less money as handling charges to the bank...
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