Foreign Currency
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New FCRA 2.0 portal launched with advanced features, here's what special about this
Business | Jul 01, 2026, 04:14 PM ISTAmit Shah also launched the Electronic Overseas Citizen of India (e-OCI) Card. Under this system, applicants can complete the entire OCI process online.
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CBI files case against three customs officials of Hyderabad airport on conspiracy, corruption charge
Hyderabad | Jun 30, 2024, 08:34 PM 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, 07:36 PM 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 | Jul 22, 2023, 06:05 PM 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 | Oct 12, 2022, 08:21 AM 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
Market | Jan 07, 2022, 10:16 PM 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 | Jun 07, 2021, 03:05 PM 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 | Mar 24, 2021, 01:53 PM 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 | Feb 12, 2020, 06:14 PM 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 | Dec 26, 2019, 05:00 PM 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 | Dec 16, 2019, 07:12 AM 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 | Dec 06, 2019, 03:34 PM 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 | Oct 19, 2019, 09:28 PM 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 | Jul 26, 2019, 11:32 PM 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 | Jul 01, 2019, 02:17 PM 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 | Sep 04, 2018, 07:57 PM 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 | Mar 18, 2018, 07:41 PM 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 | Feb 08, 2018, 12:40 PM IST