Foreign Currency
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CBI files case against three customs officials of Hyderabad airport on conspiracy, corruption charge
June 30, 2024 20:34 ISTThe booked customs officials were indulged in exchanging foreign currencies which they obtained as "undue advantage" in lieu of imposing less custom duty or sometimes less duty.
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Custom officials seize gold, electronics worth Rs 8.68 crore at Mumbai airport, three arrested
Maharashtra | May 27, 2024 19:36 ISTMumbai Custom Zone III issued a press release about the seizures in last four days. The seized items include gold dust, jewellery, bars, expensive mobile phones, foreign currencies, laptops and cosmetics.
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Delhi: Customs department recovers foreign currency worth over Rs 10 crore at IGI airport
Delhi | July 22, 2023 18:05 ISTDelhi news: "On the basis of profiling, the officers of Airport Customs, IGI Airport, Terminal-3, New Delhi have booked the biggest-ever case of smuggling of foreign currency through any airport in India on 21 July against three Tajikistan national passengers," the Customs dept said in a statement.
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RBI issues consolidated guidelines on unhedged foreign currency exposure
Business | October 12, 2022 8:21 ISTReserve Bank of India news: In the wake of a bank seeking clarification on various aspects related to UFCE, the RBI said a comprehensive review of the extant guidelines has been undertaken and all the existing instructions on the subject have been consolidated.
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India's forex reserves decline by over $1.4 bn
January 07, 2022 22:16 ISTOn a weekly basis, FCAs, the largest component of the forex reserves, edged lower by $1.480 billion to $569.889 billion.
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Yes Bank to raise fund via bonds in Indian/foreign currency
Business | June 07, 2021 15:05 ISTYes Bank plans to raise funds in Indian or foreign currency by issuing debt securities, it said on Monday
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Hyderabad: CISF seize 1.03 crore foreign currency from passenger at RGIA
India | March 24, 2021 13:53 ISTCentral Industrial Security Force (CISF) personnel on Wednesday seized foreign currency worth Ra 1.03 crore from a passenger at Rajiv Gandhi International Airport in Hyderabad.
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Flyer stuffs dollars, euros inside peanuts, meatballs to smuggle, gets caught at IGI Airport
India | February 12, 2020 18:14 ISTCISF on Tuesday caught a Dubai bound passenger carrying high amount of foreign currency concealed inside food items at the Terminal 3 of the IGI airport in Delhi. After CISF's intelligence staff observed suspicious activities by the passenger in the check-in area, he was intercepted and inquired.
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Man held with Rs 30 lakh in foreign currency hidden in soya boxes at IGI airport
India | December 26, 2019 17:00 ISTA Bangkok-bound passenger who allegedly hid foreign currency worth Rs 30 lakh in soya chunks boxes was apprehended by CISF personnel at the Delhi airport, officials said Thursday.
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One held with foreign currency worth Rs 1 cr at IGI airport
India | December 16, 2019 7:12 ISTThe Central Industrial Security Force (CISF) arrested a man carrying foreign currency worth Rs 1.2 crore at the IGI Airport, here.
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Pakistan's ailing economy gets USD 1.3-billion infusion from ADB
World | December 06, 2019 15:34 IST"ADB is committed to providing wide-ranging support to strengthen Pakistan's economy and reduce the risk of external economic shocks," said ADB Director General for Central and West Asia Werner Liepach. While USD 1 billion has been extended to Pakistan to improve its current account deficit, strengthen its revenue base, USD 300 million has been extended for the energy program, another ADB press release said.
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Foreign currencies worth over Rs 4 lakh seized at airport
Crime | October 19, 2019 21:28 ISTForeign currencies valued at Rs 4.53 lakh have been seized from a passenger before he could board a flight to Sharjah from here, Customs officials said on Saturday.
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Govt in no hurry to float foreign currency bonds: CEA K Subramanian
Business | July 26, 2019 23:32 ISTThe Union Budget of 2019-20 had floated an idea of proposing to fund the fiscal deficit by borrowing foreign savings by issuing sovereign bonds in foreign currency.The idea has generated stiff resistance from several quarters, including from within the ruling establishment.
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Foreign currency worth Rs 10 lakh found inside mobile charges at Mumbai airport
India | July 01, 2019 14:17 ISTThe Central Industrial Security Force (CISF) confiscated foreign currency worth over Rs 10 lakh from inside mobile chargers from a passenger at Mumbai's Chhatrapati Shivaji Maharaj International Airport, reported ANI.
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BSE allows no transaction fee on cross currency derivatives trade till August 2019
Business | September 04, 2018 19:57 ISTThe move was aimed at helping in direct hedging of foreign currency exposures as well as improving liquidity in existing currency contracts.
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Chennai: In this year's biggest haul of foreign currencies, Rs 1.34 cr worth notes seized; one held
India | March 18, 2018 19:41 ISTThe seizure was made when the officials, acting on a tip-off that some individuals were allegedly involved in smuggling of foreign currencies, checked the baggage of 27-year old Syed Durabudeen at the international terminal.
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Custom officials seize foreign currency worth over Rs 1 crore from Jaipur airport, 2 arrested
News | February 08, 2018 12:40 IST
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