Searched for
RBI FOREIGN EXCHANGE RESERVES
Page Industries discloses 'inadvertent' FEMA violation, shares tankPage Industries said it inadvertently carried out retail trading of imported Jockey- and Speedo-branded products through ecommerce platform...
Rs 80,000 crore FII buying sparks explosive rally on Dalal Street. Will RBI rate hike worries kill the party?The Sensex has staged a sharp 9,000-point rally since late October, crossing 82,000 for the first time since February, before the US-Iran c...
India in a 'sweet spot' amid oil volatility and currency dynamics: Kotak Neo's Anindya BanerjeeIndia is in a favourable economic position due to declining crude oil prices and increasing foreign investment inflows. The Indian rupee is...
Rupee among Asia's top performing currencies as AI trade coolsThe Indian rupee has gained considerable strength in FY27, aided by increased foreign portfolio investor inflows. A notable decline in crud...
CM Chandrababu Naidu wants to scrap Rs 500 notes, wants only currency like 100 and Rs 200 in circulation to help tackle corruptionIndian rupees news: N Chandrababu Naidu has reiterated his demand to withdraw high-denomination currency notes like Rs 500. He believes tha...
Indian rupee breaks six-day winning streak on state banks' dollar bidsThe Indian rupee snapped its six-session winning streak on Monday, November 9, as dollar purchases by state-run banks outweighed positive m...
RBI's $239 bn forward dollar position to limit rupee gains despite FPI inflows: ReportThe Reserve Bank of India currently has a net short position of USD 239 billion in the forward market, which may hinder the rupee's ability...
Yuan holds firm against dollar as seasonal corporate selling offsets greenback strengthChina's yuan remained stable against the US dollar as seasonal year-end dollar sales by exporters offset greenback strength following robus...
FCNR(B) interest bill to keep dollar hedging costs highAs a multibillion-dollar FCNR(B) interest bill escalates, Indian banks grapple with increased dollar hedging expenses. Recently, the Reserv...
India's forex reserves fall $2.6 billion to $717 billion as of October 30India's foreign exchange reserves fell by $2.691 billion to $717.056 billion in the week ended October 30, extending a decline from their S...
Sebi revises currency derivatives limits for unhedged positions aligning with RBI normsSebi has revised limits for unhedged positions in currency derivatives for domestic clients and FPIs. The new combined notional value limit...
Tax reporting lapses could risk India's sovereign rating, trigger withholding tax penalties: Income Tax Principal DG Debjyoti DasSpeaking to the media on the sidelines of the 'Summit on Global Financial Compliance (FATCA & CRS)' in Mumbai, Debjyoti Das, Principal Dire...
Sebi revises currency derivative norms for domestic investors, FPIs; allows to trade up to USD 5 mnSebi has revised its regulations to permit domestic and foreign portfolio investors to take positions in currency derivatives. Investors ca...
India eases forex reporting rules for small value service exports, importsThe Reserve Bank of India has eased foreign exchange reporting rules for services exports and imports, reducing compliance requirements for...
Razorpay gets final Gift City licence to expand cross-border paymentsRazorpay has attained a payment service provider licence from the International Financial Services Centres Authority. This licence allows t...
Rupee falls 21 paise to 94.97 against US dollar in early tradeIn the early hours of trading, the rupee fell by 21 paise to 94.97 against the US dollar, influenced by a firmer dollar along with local ma...
India’s forex reserves fall $1.2 billion to $719.74 billion as of October 24India’s foreign exchange reserves fell by $1.2 billion to $719.74 billion in the week ended October 24, according to the RBI. The decline f...