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Foreign Exchange
Business  /  Published 28.11.21

ED calls for Amazon, Future Group officials

The Enforcement Directorate (ED) has summoned senior executives of Amazon India, including its country head Amit Agarwal, and that of the Future group for questioning in a foreign exchange violation p...
By Our Bureau, PTI in New Delhi

Business  /  Published 23.08.21

Rise in funds parked in US govt papers

India’s holding of US government securities surged more than $20 billion in just three months ended June to $220.2 billion amid rising foreign exchange reserves. Compared with June last year, w...
By PTI in New Delhi

Business  /  Published 20.08.21

Forex reserves decline $2.10bn to $619.365bn

India's foreign exchange reserves decreased by $2.099 billion to stand at $619.365 billion for the week ended August 13 due to a fall in core currency assets and gold, RBI data showed on Friday.&n...
By PTI, Our Bureau in Mumbai

Business  /  Published 23.07.21

RBI plans to launch digital currency

The Reserve Bank of India (RBI) is drawing up a plan for a central bank digital currency and examining use cases that can be implemented with little or no disruption, deputy-governor T. Rabi Sankar sa...
By Our Special Correspondent in Mumbai

India  /  Published 03.07.21

ED summons actress

The Enforcement Directorate on Friday summoned actress Yami Gautam for questioning in connection with an alleged violation of the Foreign Exchange Management Act (Fema). The agency has asked the actr...
By Our Special Correspondent in New Delhi

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Business  /  Published 22.06.21

Rupee at 8-week low of 74.10

The rupee on Monday slumped to its lowest level in nearly eight weeks, shedding 24 paise to close at 74.10 to the dollar as participants turned cautious, apprehending foreign fund outflows after hawki...
By The Telegraph in Mumbai

Business  /  Published 12.06.21

ED notice to crypto exchange

The Enforcement Directorate (ED) on Friday said it has issued a showcause notice to the country’s largest cryptocurrency exchange for undertaking transactions worth over Rs 2,790 crore in allege...
By PTI in New Delhi

Opinion  /  Published 11.06.21

The battle against sedition is far from over

After pronouncing that “every journalist is entitled to protection” from charges of sedition, the Supreme Court may soon begin a review of the constitutional validity of Section 124A. It&r...
By Ashish Khetan

Business  /  Published 01.06.21

RBI leeway for crypto traders

The Reserve Bank of India (RBI) on Monday said that banks cannot quote its April 2018 circular to restrict their customers from dealing in cryptocurrencies. The banking regulator, however, said that ...
By Our Special Correspondent in Mumbai

Business  /  Published 28.05.21

Forex gain behind huge surplus

The RBI could transfer nearly Rs 1 lakh crore as surplus to the Centre because of a 69 per cent jump in income from foreign exchange transactions . During the nine month period ended March 31, 2021, ...
By Our Special Correspondent in Mumbai


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