The Reserve Bank of India earned ₹1.69 lakh crore from foreign exchange transactions in FY26, up 52% from the previous year, as it sold a r...

The Indian Rupee's use in trade invoicing is growing. Data shows a significant rise in Rupee-based imports and exports. This trend offers 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...

Indian travellers are increasingly using UPI abroad for convenient payments, but understanding its limitations and risks is crucial. While ...

The Reserve Bank of India saw a significant 52% surge in foreign exchange transaction gains, reaching 1.69 trillion rupees for the fiscal y...

Indian residents investing in US stocks face forex gains tax. These gains are taxable as capital gains when US dollars are converted back t...

Central Bank of India targets Rs 5,000 crore annual profit during this fiscal year. A new tax regime offers a significant boost. The bank p...

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

Finance Minister Nirmala Sitharaman has called on banks to move beyond standard loan products. She emphasized the need for repayment struct...

BHIM Payments App saw a significant 301% surge in transaction volumes during FY26. More users embraced the platform for daily purchases lik...

Bandhan Bank has launched new premium savings accounts – Elite, Elite Plus, and Legacy – for Non-Resident Indian (NRI) customers. These acc...

India and the UAE are likely to sign two MoUs on Friday focused on LPG supplies and strategic petroleum reserves during Prime Minister Nare...

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

India has sharply raised import duties on gold and silver to 15% from 6% to curb demand, protect the rupee and preserve foreign-exchange re...

The regulator is now considering allowing intraday borrowing for a wider set of uses, including meeting trade settlement obligations, forex...

Whenever an Indian company imports goods, borrows in foreign currency, earns overseas revenue, or runs a foreign subsidiary, forex accounti...

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