Residents can open foreign currency a/cs at GIFT City under LRS
Resident Indians can open foreign currency accounts (FCA) at Gift City under the liberalized remittances scheme (LRS) even for sending...
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Residents can open foreign currency a/cs at GIFT City under LRS
Resident Indians can open foreign currency accounts (FCA) at Gift City under the liberalized remittances scheme (LRS) even for sending...
RBI’s new overseas investment regulations: A gamechanger for Indian investors
The Reserve Bank of India (RBI) issued a circular on 7 June, relaxing overseas investment regulations and clarifying ambiguities for...
rupee today: Rupee ends at record low vs US dollar as Asian peers slip
MUMBAI: The Indian rupee weakened slightly on Tuesday to end at a record closing low, pressured by weakness in other...
Indian Rupee holds steady amid RBI interventions
The rupee remains flat against the dollarThe Indian rupee traded nearly flat on Tuesday, with traders anticipating little movement as...
Top Stock Recommendations: Dharmesh Shah of ICICI Securities suggests buying Larsen & Toubro, and Axis Bank today
Stock Market News: The domestic benchmark indices, the Sensex and Nifty 50, rose more than 2% to reach new highs...
Indian Rupee Stands Out in Emerging Markets, Favored by Carry Traders, Says Bank of America Corp
Rupee Outperforms Emerging Market Currencies Indian rupee has caught the eye of carry traders because of its stability and affordability as...
Citing Lack Of Stability, RBI Cautions Retail Investors Against Investing In Digital Currencies
RBI yet again urged retail investors to be more cautious while investing in cryptocurrencies, and noted that the crypto ecosystem...
Forex settlement next step by GIFT to onshore what’s offshore
Gujarat International Finance Tec-City (GIFT City) will soon take another step to resemble state-of-the art global finance centres as the...
Russia halts rupee repatriation as India offers bouquet of investment options, say sources
UPDATED WITH HIGHTLIGHTS AT THE BOTTOMRussia’s payment woes with India may finally be coming to an end. Thanks to allowances...
