India's central bank is actively seeking methods to attract dollar inflows. This move aims to bolster foreign exchange reserves and stabili...

Confederation of Indian Industry praises government and RBI for swift actions amid West Asia conflict. CII proposes a detailed plan to supp...

RBI's Malhotra faces a critical test as war disrupts global markets. Inflation and growth are key concerns. The Reserve Bank of India must ...

The Reserve Bank of India has proposed new regulations mandating banks to disclose all foreign exchange transaction costs upfront. This aim...

As more Indians relocate abroad, the demand for international money transfers is rising for various purposes like education and investments...

The Reserve Bank of India is enhancing transparency in foreign exchange dealings. A new draft circular proposes mandatory disclosure of all...

A report by the Global Trade Research Initiative (GTRI) highlights the banking issues are hindering the growth of e-commerce exports from I...

The Reserve Bank of India will transfer a surplus of ₹87,416 crore to the government for the 2022-23 accounting year, up from ₹30,307 crore...

"A few authroised persons are levying certain fees/charges, which are payable in India on International Debit Cards/Store Value Cards/Charg...

Currently, most customers — particularly, small and mid-sized companies with no sophisticated treasury and access to Reuters or Bloomberg s...

Customers can expect their overall foreign exchange transaction costs to come down with this facility- a centralised electronic forex tradi...

If you are planning on going on a holiday abroad this summer, here is what you should know about prepaid or forex cards.

Most analysts have stopped tracking Thomas Cook shares, while the few who still do are yet to figure out the full implications of RBI's dec...

Power Finance Corporation (PFC) may be allowed to access up to $5 billion foreign exchange reserves through India Infrastructure Finance Co...

The government is looking at tackling the three-pronged issue of availability, tenor and cost of funds for infrastructure projects through ...

Those 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...

The country's fiscal managers led by the Planning Commission may well be pushing the case for utilising the burgeoning foreign exchange res...