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Rupee At All-Time Low Of Rs 84.40 Against US Dollar In Early Trade
The rupee slipped 1 paisa to an all-time low of 84.40 against the US dollar in early trade on Wednesday, as persistent foreign fund outflows and a muted trend in domestic equities weighed on the local unit.
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Flipkart, Amazon Executives To Be Summoned Over Alleged Forex Violations: Report
India's financial crime agency will summon Flipkart and Amazon executives as it steps up an investigation into alleged foreign investment law violations, days after raiding some of the e-commerce firms' sellers, a government source told Reuters.
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"Going Abroad New Disease Among Children": Vice President's Lament
Going abroad, that's the new disease afflicting the children of the country, Vice President Jagdeep Dhankhar said Saturday, lamenting what he called is both a "forex drain and brain drain".
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India's Forex Reserve Touches Record High Of $681 Billion
India's foreign exchange reserves increased by USD 7.023 billion, reaching a fresh record high of USD 681.688 billion, during the week that ended on August 23, according to data released by the Reserve Bank of India.
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India's Forex Reserves Drop By $2.92 Billion, Now At $652.8 Billion: RBI
India's forex reserves dropped by USD 2.922 billion to USD 652.895 billion for the week ended June 14, the Reserve Bank said on Friday.
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RBI Sold Net $3.6 Billion In Spot Forex Market In April
The Reserve Bank of India (RBI) sold $3.65 billion on a net basis in the spot foreign exchange market in April, data released on Wednesday as part of the central bank's monthly bulletin showed.
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As RBI Buys Several Tons Of Gold, Governor Says "India Building Reserves"
Reserve Bank Governor Shaktikanta Das today said India has been building up gold reserves as part of its forex deployment.
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At USD 642.29 Billion, India's Foreign Exchange Reserves Hit All-Time High
India's foreign exchange reserves rose for the fourth straight week to hit an all-time high of USD 642.292 billion in the week ending on March 15, as per the latest data released by the Reserve Bank of India (RBI).
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Billionaire Niranjan Hiranandani Questioned By Probe Agency In Forex Case
Billionaire Niranjan Hiranandani was questioned by the Enforcement Directorate for almost 10 hours (ED) today in a foreign exchange violation case, sources said.
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Hiranandani Group Promoters Summoned In Forex Violation Case
The Enforcement Directorate has summoned Niranjan Hiranandani and his son Darshan Hiranandani, the promoters of prominent Mumbai-based real estate developer Hiranandani Group, for questioning in a foreign exchange violation case on February 26.
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Enforcement Directorate Said to Have Not Yet Found Forex Breaches at Paytm Payments Bank
An investigation into possible foreign exchange violations at Paytm Payments bank by India's financial crime fighting agency has not yet found any breaches, a government source directly aware of the matter said on Monday.
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India's Forex Reserves Surges Past USD 600 Billion Mark After Nearly 4 Months
India's foreign exchange reserves increased to USD 604 billion as on December 1, surpassing the USD 600 billion mark after a gap of about four months.
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India's Forex Reserves Jump $5.08 Billion To $595.40 Billion
India's forex reserves increased by USD 5.077 billion to USD 595.397 billion during the week ended November 17, the Reserve Bank said on Friday.
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Hero MotoCorp's Pawan Munjal Spent Others' Forex On His Trips: Probe Agency
The Enforcement Directorate on Friday alleged that Hero MotoCorp executive chairperson Pawan Kant Munjal used foreign currency issued in the name of others for his personal expenditure abroad to "override" RBI rules.
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Sensex, Nifty Fall In Early Trade Amid Continuous Foreign Fund Outflows
Equity benchmark indices declined in early trade on Monday after a day's breather amid continuous foreign fund outflows and sluggish trends in the global market.
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Rupee At All-Time Low Of Rs 84.40 Against US Dollar In Early Trade
The rupee slipped 1 paisa to an all-time low of 84.40 against the US dollar in early trade on Wednesday, as persistent foreign fund outflows and a muted trend in domestic equities weighed on the local unit.
-
Flipkart, Amazon Executives To Be Summoned Over Alleged Forex Violations: Report
India's financial crime agency will summon Flipkart and Amazon executives as it steps up an investigation into alleged foreign investment law violations, days after raiding some of the e-commerce firms' sellers, a government source told Reuters.
-
"Going Abroad New Disease Among Children": Vice President's Lament
Going abroad, that's the new disease afflicting the children of the country, Vice President Jagdeep Dhankhar said Saturday, lamenting what he called is both a "forex drain and brain drain".
-
India's Forex Reserve Touches Record High Of $681 Billion
India's foreign exchange reserves increased by USD 7.023 billion, reaching a fresh record high of USD 681.688 billion, during the week that ended on August 23, according to data released by the Reserve Bank of India.
-
India's Forex Reserves Drop By $2.92 Billion, Now At $652.8 Billion: RBI
India's forex reserves dropped by USD 2.922 billion to USD 652.895 billion for the week ended June 14, the Reserve Bank said on Friday.
-
RBI Sold Net $3.6 Billion In Spot Forex Market In April
The Reserve Bank of India (RBI) sold $3.65 billion on a net basis in the spot foreign exchange market in April, data released on Wednesday as part of the central bank's monthly bulletin showed.
-
As RBI Buys Several Tons Of Gold, Governor Says "India Building Reserves"
Reserve Bank Governor Shaktikanta Das today said India has been building up gold reserves as part of its forex deployment.
-
At USD 642.29 Billion, India's Foreign Exchange Reserves Hit All-Time High
India's foreign exchange reserves rose for the fourth straight week to hit an all-time high of USD 642.292 billion in the week ending on March 15, as per the latest data released by the Reserve Bank of India (RBI).
-
Billionaire Niranjan Hiranandani Questioned By Probe Agency In Forex Case
Billionaire Niranjan Hiranandani was questioned by the Enforcement Directorate for almost 10 hours (ED) today in a foreign exchange violation case, sources said.
-
Hiranandani Group Promoters Summoned In Forex Violation Case
The Enforcement Directorate has summoned Niranjan Hiranandani and his son Darshan Hiranandani, the promoters of prominent Mumbai-based real estate developer Hiranandani Group, for questioning in a foreign exchange violation case on February 26.
-
Enforcement Directorate Said to Have Not Yet Found Forex Breaches at Paytm Payments Bank
An investigation into possible foreign exchange violations at Paytm Payments bank by India's financial crime fighting agency has not yet found any breaches, a government source directly aware of the matter said on Monday.
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India's Forex Reserves Surges Past USD 600 Billion Mark After Nearly 4 Months
India's foreign exchange reserves increased to USD 604 billion as on December 1, surpassing the USD 600 billion mark after a gap of about four months.
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India's Forex Reserves Jump $5.08 Billion To $595.40 Billion
India's forex reserves increased by USD 5.077 billion to USD 595.397 billion during the week ended November 17, the Reserve Bank said on Friday.
-
Hero MotoCorp's Pawan Munjal Spent Others' Forex On His Trips: Probe Agency
The Enforcement Directorate on Friday alleged that Hero MotoCorp executive chairperson Pawan Kant Munjal used foreign currency issued in the name of others for his personal expenditure abroad to "override" RBI rules.
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Sensex, Nifty Fall In Early Trade Amid Continuous Foreign Fund Outflows
Equity benchmark indices declined in early trade on Monday after a day's breather amid continuous foreign fund outflows and sluggish trends in the global market.
