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RBI FOREX RULES
RBI's inflation forecast signals 1-2 rate hikes in coming months: ExpertsExperts anticipate one to two rate hikes in the coming months following the RBI's increased inflation forecast, despite keeping the policy ...
Four myths about the falling rupee and what India must actually doIndia's rupee is facing pressure from global events. The nation needs a plan to tackle weaknesses that amplify these impacts. Energy indepe...
Government forwent Rs 1 lakh crore via excise duty cuts to shield consumers from fuel inflation: FMIndia's Finance Minister Nirmala Sitharaman explains recent fuel price increases are market-driven by oil companies. She noted the governme...
India in better position to manage retail inflation, RBI must hold rates: ASSOCHAMIndia is well-positioned to handle retail inflation, according to ASSOCHAM. The industry lobby recommends the Reserve Bank of India maintai...
India considering emergency measures to save foreign exchangeIndia is exploring emergency measures to protect its foreign exchange reserves. These steps may include limiting imports of gold and electr...
Not just US dollar, Indian rupee has tanked up to 25% across 9 major currencies in 1 yearThe Indian rupee has seen a significant decline against most global currencies, not just the US dollar. This broad-based weakness is driven...
Big banks urge RBI to rethink uniform forex exposure capIn recent interactions with RBI, officials of big state-owned and private sector banks have suggested a dynamic regulation on the unhedged ...
Six companies, six tricks in Indian balance sheets, and how investors get taken for a rideWhenever an Indian company imports goods, borrows in foreign currency, earns overseas revenue, or runs a foreign subsidiary, forex accounti...
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...
Why the RBI is weighing a rare 2013-crisis playbook to arrest rupee slide to record lows?The rupee’s slide to fresh record lows and oil above $100 has prompted the RBI to revisit crisis-era tools from 2013, including a special N...
NRI but using resident savings account? Here’s what you must know about NRE, NRO, and FEMA rulesNRIs must update their Indian bank accounts to NRE or NRO status to comply with FEMA regulations. Failing to do so can result in significan...
India’s rupee defence faces tough test as capital flows stallIndia’s rupee faces sustained pressure as weak capital inflows and elevated oil prices strain the balance of payments. Despite RBI interven...
Central banks look through inflation until entrenched, no evidence of second-round effects: Dy Gov Poonam GuptaThe Reserve Bank of India is navigating global economic hurdles and geopolitical tensions. Deputy Governor Poonam Gupta explains the centra...
HDFC Bank alerts clients on card swipe for overseas dealsIn recent times many resident individuals, banking with various financial institutions, have used cards to carry out international capital ...
These 9 banking stocks have an upside potential of up to 27% in 1 year, according to analystsWe are in times when a statement by US President Trump can cause crude oil prices to drop sharply and another by Iran can push them back up...
RBI's forex war explained: How a $149 billion crackdown is stopping speculators from tanking the rupeeThe RBI has tightened forex derivative rules after its initial intervention backfired, allowing arbitrage trades to weaken the rupee furthe...