Banks mobilized over $127 billion from FCNR(B) deposits by August 31. Total dollar inflows reached $136.37 billion through special schemes....

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

External Affairs Minister S Jaishankar will visit Ukraine and Poland from September 3 to 5 to strengthen India’s bilateral ties with both E...

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 ...

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...

Retail investors enjoyed impressive returns by picking specific stocks wisely. Over the last year, numerous companies showcased returns exc...

The proposal - put forward by persons representing large offshore funds and custodians at a recent meeting with officials of the Securities...

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'...

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 about $73 billion in foreign currency in under 11 weeks, largely through FCNR(B) deposits, yet the rupee remains near ₹...

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...