The RBI is introducing new measures to attract foreign investment. These steps aim to boost capital inflows and improve India's balance of ...

India's recent crackdown on silver imports marks a bold economic strategy. Now, traders must secure prior authorization for all grain and p...

The Reserve Bank of India, in its annual report, said the rupee weakened nearly 10% in FY26 due to trade uncertainties, a wider deficit, th...

Errors in Permanent Account Number entries and duplicate transactions are creating problems for taxpayers. The Income-tax Department is wor...

The framework shifts regulatory focus away from ex-ante approvals toward compliance, transparency and consumer protection obligations at re...

India's gold discounts hit a record over $200 an ounce Wednesday. This followed a sharp import duty increase to 15%. Higher local prices pr...

The Reserve Bank of India has eased rules for non-bank entities facilitating outward remittances. Prior approval from the RBI is no longer ...

The Centre is expected to issue a rectification order within 48-72 hours to restore the tax exemption for gold-importing banks after a noti...

The Reserve Bank of India has introduced new rules for the money changing sector, emphasizing banking principles and setting a ₹10 crore an...

The Reserve Bank of India has introduced revised norms for foreign exchange dealings, ceasing the issuance of fresh licenses for money chan...

India’s gold imports in April are set to fall to around 15 metric tons, a near 30-year low, as banks halted shipments following a 3% IGST d...

FCNR interest remains exempt from tax as long as the depositor qualifies as an NRI or resident but RNOR under Section 10(15)(iv)(fa) of the...

The Reserve Bank of India is bringing offshore rupee derivative trades under its regulatory watch. Authorized dealers must now report over-...

In a move aimed at improving transparency in the derivatives market, the central bank has issued directions on 'Reporting Instructions for ...

The next 25 years in finance will prioritize intelligent scale, not just size. Artificial intelligence will be key for risk management and ...

The Reserve Bank of India's deputy governor stated that temporary curbs on banks' currency trading will be lifted soon. These measures were...

Indian banks have halted gold and silver import orders as a fresh government authorisation under DGFT is still pending, leaving tonnes of b...