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  4. Foreign Exchange

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  • The reserves took a hit as the central bank deployed the

    Forex kitty drops USD 867 million to USD 593 billion

    Business | September 22, 2023 18:47 IST

    The reserves took a hit as the central bank deployed the kitty to defend the rupee amid pressures caused majorly by global developments since last year.

  • Business news, India foreign exchange reserves rise, india forex rises, USD 4.5 billion to USD 588.7

    India's foreign exchange reserves rise USD 4.5 billion to USD 588.78 billion

    Business | May 06, 2023 14:55 IST

    Business news: In October 2021, the country's foreign exchange reserves touched an all-time high of about USD 645 billion. Much of the decline can be attributed to RBI's recent intervention and a rise in the cost of imported goods.

  • forex reserves, forex reserves india, forex reserves of india 2022, forex reserves of countries, for

    India's foreign exchange reserves at new over 2-year low amid weak rupee

    Business | October 29, 2022 10:05 IST

    Forex reserves India: The Indian rupee has been weakening over the past few weeks to hit fresh new all-time lows as the US dollar strengthened against major global currencies.

  • Kay aka Kanishka Lohar releases first Hindi track 'Na Tune Kaha' | Watch Video

    Kay aka Kanishka Lohar releases first Hindi track 'Na Tune Kaha' | Watch Video

    October 22, 2022 12:28 IST

    Kay has two more songs in the works before this year ends. A collaboration with Indian social media influencer Manav Chabbra and another Hindi single titled “Mein Jaau Kaha”.

  • Rupee snaps 3-day winning streak, drops 10 paise to

    Rupee snaps 3-day winning streak, drops 10 paise to 74.59/USD

    Business | July 14, 2021 16:30 IST

    Halting its three-day winning run, the rupee on Wednesday declined by 10 paise to close at 74.59 (provisional) against the US dollar.

  • India, foreign exchange reserves, FOREX rise, 3 billion, business news, forex latest updates, Reserv

    India's forex reserves rise by over $3 billion

    Business | June 19, 2021 8:04 IST

    According to RBI weekly statistical supplement, the reserves increased to $608.081 billion from $605.008 billion reported for the week ended June 4.

  • India's forex reserves cross $500 billion mark

    India's forex reserves cross $500 billion mark

    Business | June 12, 2020 21:54 IST

    India's forex reserves cross $500 billion markIndia's forex reserves cross $500 billion markAccording to the RBI's weekly statistical supplement, the overall forex reserves increased to $501.703 billion from $493.480 billion reported for the week ended May 29.  

  • SEPC for adding more services under export incentive scheme

    SEPC for adding more services under export incentive scheme to boost shipments

    Business | November 10, 2019 11:30 IST

    Depending on the nature of services, the government gives duty credit scrips or certificates. The scheme offers reward at 5 per cent or 7 per cent of net foreign exchange earned and covers service providers located in India.

  • Rupee slips in early trade 
 

    Rupee slips 4 paise against US dollar in early trade

    India | June 13, 2019 11:00 IST

    At the Interbank Foreign Exchange, the rupee opened on at 69.33 then fell to 69.38 against the US dollar, showing a decline of 4 paise over its previous closing.

  • Representational Image

    Foreign exchange reserves rise by USD 1.2 billion to USD 400.5 billion

    Business | September 21, 2018 19:50 IST

    In the reporting week, foreign currency assets, a major component of the overall reserves, increased by USD 1.055 billion to USD 376.154 billion, as per RBI data.  

  • Jet Airways female crew member arrested for smuggling

    Jet Airways female crew member held for smuggling foreign exchange

    India | January 09, 2018 21:07 IST

    A senior DRI official said that during investigation, it was found that she was working with an agent, named Amit Malhotra, a resident of Vivek Vihar area in Delhi.

  • India Forex

    India's forex down by $1.13 bn

    May 14, 2016 19:06 IST

    India's foreign exchange reserves went down by $1.13 billion to $361.99 billion as on May 6, 2016, the Reserve Bank of India (RBI) said.

  • rbi

    India's foreign exchange reserves rise to $363 billion

    May 07, 2016 17:25 IST

    Chennai: India's foreign exchange reserves increased by $1.52 billion to $363.12 billion as on April 29, 2016, the Reserve Bank of India (RBI) has said. According to the RBI's forex data, the reserves stood at

  • rbi s buying activity swells forex reserves

    RBI's buying activity swells Forex reserves

    February 06, 2016 17:43 IST

    Mumbai: Buying activity by the country's central bank and the revaluation impact of global currencies swelled India's foreign exchange (Forex) reserves during the week ended January 29, experts said on Saturday.According to the Reserve Bank

  • foreign exchange reserves slip by 1.4 billion to 351.11

    Foreign exchange reserves slip by $1.4 billion to $351.11 billion: RBI

    December 26, 2015 16:04 IST

    Mumbai:India's foreign exchange reserves after rising for two consecutive weeks fell by $1.4 billion (nearly Rs ​9,273.6 crore) to $351.106 billion (nearly Rs 23.25 lakh crore) in the week to December 18 on account of

  • india s forex reserves up at 353.527 billion

    India's forex reserves up at $353.527 billion

    October 23, 2015 18:33 IST

    New Delhi:  India's foreign exchange reserves increased by $458 million to $353.527 billion in the week to October 16, on account of rise in foreign currency assets, according to RBI data.In the previous week, reserves

  • rupee weakens by 3 paise against dollar in early trade

    Rupee weakens by 3 paise against dollar in early trade

    June 26, 2015 9:54 IST

    Mumbai: The rupee dropped 3 paise at 63.62 against dollar in early trade today at the Interbank Foreign Exchange due to appreciation of the American currency overseas.Forex dealers said fresh demand for the dollar from

  • rupee down 3 paise against dollar in early trade

    Rupee down 3 paise against dollar in early trade

    June 25, 2015 9:52 IST

    Mumbai:  The rupee dropped 3 paise at 63.62 against dollar in early trade today at the Interbank Foreign Exchange due to appreciation of the American currency overseas.Forex dealers said fresh demand for the dollar from

  • rupee rallies 25 paise against dollar

    Rupee rallies 25 paise against dollar

    June 18, 2015 11:03 IST

    Mumbai:  The rupee appreciated 25 paise to trade at 63.87 against the dollar in early trade today at the Interbank Foreign Exchange after the American currency weakened overseas amid sustained selling of the greenback by

  • ed steps up probe in lalit modi owned firm for fema

    ED steps up probe in Lalit Modi owned firm for FEMA violation

    India | June 17, 2015 22:44 IST

    New Delhi: The Enforcement Directorate (ED) has stepped up its probe into a foreign exchange violation case against former IPL boss Lalit Modi which involves alleged illegal routing of Rs 21 crore funds from a

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