India's banking system attracted over $136 billion through a special Reserve Bank of India swap facility. Foreign currency non-resident dep...

ICICI Bank secured approximately $17.88 billion via the RBI's special swap facility. This mobilization provides the bank with substantial f...

With India's robust economic expansion comes a pressing need to manage foreign exchange effectively. Zoho's Sridhar Vembu emphasizes that a...

India's current account deficit reached $4.2 billion in the first quarter of the fiscal year. This widening was primarily driven by a highe...

Iran's Central Bank Governor stated sufficient foreign currency reserves exist despite sanctions. He announced plans to inject two billion ...

Jewellery stocks fell after Prime Minister Narendra Modi urged citizens to avoid non-essential gold purchases. The appeal, aimed at conserv...

Prime Minister Narendra Modi has again urged Indians to avoid buying gold unless necessary, saying greater focus on local products and self...

Operating under a fresh local entity fully registered with India's Financial Intelligence Unit (FIU-IND) and compliant with local tax frame...

The Reserve Bank of India reported that its foreign exchange forward position hit a new record in July, fueled by enticing measures that dr...

India's foreign exchange reserves achieved a historic high of $729.3 billion by August 21, fueled by substantial NRI deposits under a speci...

India's foreign exchange reserves have reached an all-time high of $729.328 billion. This surge marks a significant build-up in the nation'...

India's central bank is intensifying efforts to support the rupee. Foreign deposit inflows have bolstered the Reserve Bank of India's inter...

The rupee's depreciation and strict valuation rules hinder foreign income disclosure. A one-time voluntary disclosure window allows regular...

In June, the Reserve Bank of India engaged in net purchases of $561 million from foreign exchange markets, showcasing its response to signi...

India has mobilised $73 billion in foreign exchange inflows in less than 11 weeks, surpassing the scale and pace of the RBI’s 2013 FCNR(B) ...

India's foreign exchange reserves rose over $9 billion in the week ending August 14. Foreign currency assets and gold reserves significantl...

India's foreign exchange reserves jumped $9.905 billion to $716.90 billion in the week ended August 14, RBI data showed. Reserves had risen...