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GIFT City investment: Here’s how resident Indians can invest in global stocks, ETFs, and mutual fundsIndian investors can now access global stocks, mutual funds, and bonds through GIFT City, India's first smart city and International Financ...
RBI's measures may attract USD 60-70 billion foreign capital, support rupee: India RatingsNew measures by the RBI and government aim to attract foreign capital. These steps are expected to bring in USD 60-70 billion. This influx ...
Rupee in rhapsody, passes 95 vs USD level at closeOn Friday, the Indian Rupee made impressive gains, climbing 84 paise against the US Dollar. This upward momentum came after the Reserve Ban...
RBI flags US-Iran war's impact on rupee, lists measures to manage forexThe Reserve Bank of India, in its annual report, said the rupee weakened nearly 10% in FY26 due to trade uncertainties, a wider deficit, th...
Rupee rises for a 3rd day as peace gains currencyThe Indian Rupee strengthened against the US Dollar on Monday. This rise followed a global plunge in crude oil prices. The Reserve Bank of ...
AIS data errors, wrong PAN entries causing ITR filing troubleErrors in Permanent Account Number entries and duplicate transactions are creating problems for taxpayers. The Income-tax Department is wor...
Indian banking system robust despite West Asia crisis, falling forex reserves: ExpertsAmid the turbulent times following the West Asia escalations, financial leaders expressed strong confidence in the resilience of the Indian...
Mayday: Rupee breaches 96 wall, pulls back after RBI interventionThe Indian rupee faces historic challenges, having plummeted to unprecedented levels against the US dollar. The surge in crude oil prices i...
RBI eases rules for outward remittances; drops prior approval for non-bank entitiesThe Reserve Bank of India has eased rules for non-bank entities facilitating outward remittances. Prior approval from the RBI is no longer ...
Gold jewellery to get costlier: Here's how much more you need to pay on your next purchaseIndia has significantly raised import duties on gold and silver. This move aims to reduce foreign exchange outflow and ease pressure on res...
RBI introduces specific turnover thresholds for money changersThe Reserve Bank of India has introduced new rules for the money changing sector, emphasizing banking principles and setting a ₹10 crore an...
RBI issues revised norms for entities dealing in forexThe Reserve Bank of India has introduced revised norms for foreign exchange dealings, ceasing the issuance of fresh licenses for money chan...
RBI Governor Malhotra calls for deeper, more efficient financial markets as India shows resilience amid global headwindsIndian financial markets are showing strength amid global challenges. RBI Governor Sanjay Malhotra highlighted that future growth hinges on...
RBI measures on currency temporary to curb volatility, says deputy governor SankarThe Reserve Bank of India's deputy governor stated that temporary curbs on banks' currency trading will be lifted soon. These measures were...
Rupee falls 16 paise to 93.32 against US dollar in early tradeThe rupee fell 16 paise to 93.32 against the US dollar in early trade as the American currency strengthened and the Reserve Bank eased spec...
RBI allows NDF contracts to clients, rebooking of related party tradesThe Reserve Bank of India has made a pivotal move by retracting its earlier April 1 directive, which had restricted banks from offering non...
RBI’s oil forex window set to fuel rupee recoveryThe Reserve Bank of India has opened a special foreign exchange window to supply dollars to state-run refiners, easing pressure on the rupe...
Global banks play hedge card after RBI blow on rupee betsForeign banks are reportedly reclassifying arbitrage deals, impacted by RBI's rupee speculation clampdown, as hedges for capital from overs...
Unauthorised forex dealers duping customers: Names of 75 forex dealers on RBI’s alert listRBI has noted that these organisations are giving locals the ability to transfer or deposit money in Rupees in order to conduct illicit for...
Forex trading, transactions with unauthorised dealers, websites can lead to trouble: How to check authorised listUsing unauthorised platforms for forex transactions could lead to loss of money and penal actions against you. So, you need to be careful w...