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FOREIGN EXCHANGE REPORTING
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...- Apple posts record revenue in India in September quarter; iPhone upgrades, Mac and services hit new highsApple reported its highest-ever quarterly revenue in India during the September quarter, along with record performances in its Mac business...
- Chinese yuan set for biggest daily drop in six months after PBOC tightens FX reservesChina's yuan weakened against the US dollar after the PBOC raised the foreign exchange reserve requirement ratio to curb rapid currency app...
- Iran's Khamenei gives Pezeshkian government ‘certain powers’ for US peace talks: ReportIranian President Masoud Pezeshkian announced the Supreme Leader granted the government powers for talks with the United States. Following ...
- 'A trite provocation': North Korea denies involvement in $6 billion Binance hack, criticizes FBI probeNorth Korea has rejected the claims of its involvement in the recent Binance cryptocurrency theft exceeding USD 6 billion. The FBI had accu...
- Sebi backs removal of LTCG tax for foreign investors: ReportTo boost foreign investment interest, India's Securities and Exchange Board has put forth a proposal to scrap long-term capital gains tax f...
- 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...
- Araghchi says Iran, Qatar propose reopening Strait of Hormuz within two days if US meets Tehran's conditionsIran is currently in talks with Qatari mediators to reopen the Strait of Hormuz in two days. The country's Foreign Minister Abbas Araghchi ...
- Sebi to delist penny stocks: Market regulator plans AI-based surveillance of such firmsThe Securities and Exchange Board of India plans to delist companies that have no economic activity. This move aims to protect investors, e...
- Suzlon Energy cuts operating margin guidance to 15%Suzlon Energy reported a 1.3% year-on-year increase in consolidated net profit to Rs 394 crore for the September quarter of FY27. Net profi...
- 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...
- Rupee rises 33 paise to close at 94.93 against US dollarThe rupee closed at 94.93 against the US dollar, marking a gain of 33 paise. Positive trends in domestic markets contributed to this improv...
- Rupee rises 7 paise to 95.19 against US dollar in early tradeThe rupee appreciated by 7 paise, settling at 95.19 against the US dollar, influenced by a declining dollar. Brent crude's lower trading pr...
- IndiGo Q2 Results: Loss narrows YoY to Rs 1,879 crore; revenue rises 26%IndiGo Q2 Results: Budget airline IndiGo reported narrowing of its consolidated loss to Rs 1,879 crore in the second quarter of FY27, compa...
- India's markets regulator Sebi weighs domestic AI model for securities trading, chairman saysIndia's Securities and Exchange Board is initiating an AI supervisory system aimed at bolstering risk management strategies in the securiti...
- US Market: AI boom could weaken dollar’s safe-haven appeal as foreign flows riseThe US dollar’s safe-haven status could face pressure if the AI investment boom unwinds, prompting foreign investors to pull back from Amer...
- Maruti Suzuki flags West Asia-linked commodity costs as margins come under pressureMaruti Suzuki India achieved record quarterly sales in the September quarter despite facing profitability challenges. The company reported ...
- Income-Tax Department nudges taxpayers with UAE and other overseas properties to disclose foreign assets under FAST-DSThe Income-Tax Department is encouraging selected taxpayers to disclose overseas assets under a new scheme. This initiative targets individ...
- Income Tax Department nudges taxpayers holding undisclosed foreign propertiesThe Income Tax Department is encouraging taxpayers to declare undisclosed foreign assets through the FAST-DS initiative. A new e-filing por...
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