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

Turkey's tourism sector is experiencing significant price increases for visitors. This makes the country less affordable compared to previo...

Currency hedging could increase India’s green project financing costs by 6–8% annually, potentially deterring global institutional investor...

Non-Resident Indians (NRIs) hold the right to inherit property in India; however, selling such assets involves navigating a complex set of ...

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

In a significant diplomatic encounter, National Security Advisor Ajit Doval convened with Chinese Vice President Han Zhang in Beijing to de...

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) ...

The RBI’s special forex swap facility has mobilised $73 billion in foreign exchange inflows as of August 21, with FCNR(B) deposits accounti...

Citigroup and Axis Bank have tied up to finance non-resident Indians investing in foreign-currency deposits, leveraging RBI rules that allo...

India has received $72.8 billion in dollar inflows through FCNR(B) deposits, external commercial borrowings and overseas foreign currency 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...

India has eased export payment rules, allowing rupee settlements with non-Asian Clearing Union countries. This move aims to promote wider u...

Local currencies will increasingly drive cross-border trade and payments, reducing costs and improving efficiency. Technology will be lever...

The Reserve Bank of India has stepped in, providing crucial support for the rupee amidst global economic uncertainties. State-run banks are...