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Foreign Exchange
Business  /  Published 08.11.22

CEA favours steady fall in rupee value

V. Anantha Nageswaran says the trend of rising dollar occurs at the time of hardening US interest rates...
By A Staff Reporter in Calcutta

Business  /  Published 19.10.22

Plan to rebuild forex buffer likely to fail

To defend the rupee, Reserve Bank of India has dipped into its foreign exchange reserves...
By Reuters in Mumbai

Business  /  Published 07.10.22

Xiaomi approaches HC over asset seizures

ED had earlier ordered seizure of Rs 5,551.27 crore in accounts of the Chinese company for allegedly violating FEMA rules and transferring money to 3 companies outside India...
By PTI in Bengaluru

Business  /  Published 28.09.22

Forex fears overdone

India has fairly large reserve assets to tide itself over the current situation, says economic affairs secretary...
By Our Special Correspondent in New Delhi

Opinion  /  Published 27.09.22

Rupee depreciation & challenges before RBI

One way the Reserve Bank of India could stem the tide would be to sell off dollars in the market to ease the supply situation...
By The Editorial Board

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Business  /  Published 23.08.22

Overseas FDI rules eased

No Indian resident shall be allowed to make investments in foreign entities that are engaged in real estate activity...
By Our Special Correspondent in New Delhi

Business  /  Published 05.08.22

ED freezes bank balance

The agency's probe against the crypto exchange is linked to its ongoing investigation against a number of Chinese loan apps working in India...
By PTI in New Delhi

News  /  Published 26.07.22

Arpita Mukherjee in Enforcement Directorate custody till August 3

Lawyers of the accused do not oppose remand prayer but requests for a ‘short term’...
By Our Special Correspondent in Kolkata

Business  /  Published 16.07.22

Forex reserves hit 15-month low

‘If the market is determined to take rupee to 85 to $1, you can’t fight it,' says ex-BJP finance minister Yashwant Sinha...
By Paran Balakrishnan in New Delhi

India  /  Published 09.07.22

ED penalty on Amnesty, Aakar

Order has been issued on completion of probe by adjudicating authority of FEMA, which is a special director-rank officer of the ED...
By PTI in New Delhi


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