Search For "foreign exchange"
Updated : 1 year, 10 months ago IST
New Delhi [India], Aug 11 (ANI): If India opts for sovereign borrowing in foreign currency, the move should be accompanied by a well-crafted policy and special safeguard as the foreign exchange reserve is an accumulation of capital account surplus rather than current account, according to
Gurugram (Haryana) [India] July 30 (ANI/NewsVoir): BookMyForex.com, India's largest marketplace for foreign exchange and remittances announces the launch of 'BookMyForex Student Festival' with an aim to provide the best deals and offers to students going abroad.
Updated : 1 year, 11 months ago IST
New Delhi [India], July 4 (ANI): India's foreign exchange reserves continue to be comfortably placed in excess of 400 billion dollars and the current account deficit (CAD) is within manageable levels, Finance Minister Nirmala Sitharaman said on Thursday while tabling the Economic Survey 2018
Updated : 2 years, 1 month ago IST
New Delhi [India], May 7 (ANI): The Enforcement Directorate (ED) on Tuesday seized assets worth Rs 1.46 crore under section 37A of Foreign Exchange Management Act (FEMA) of 1999 belonging to Harish Gahlot, brother of Aam Aadmi Party (AAP) minister Kailash Gahlot.
Gurugram (Haryana) [India], May 2 (ANI/ NewsVoir): BookMyForex.com, India's largest marketplace for foreign exchange and remittances has joined hands with WorldSIM, a leading British mobile virtual network operator, to offer International SIM to its customers. Customers will now be able t
New Delhi [India], Apr 26 (ANI): Supreme Court on Friday adjourned hearing for two weeks on a plea filed by Enforcement Directorate (ED) against Amma Makkal Munnetra Kazhagam (AMMK) leader TTV Dhinakaran with regards to a Foreign Exchange Regulation Act (FERA) violation case.
New Delhi [India], Apr 25 (ANI): Adverse foreign exchange rates and commodity prices pulled down Maruti Suzuki's net profit during the fourth quarter ended March 31 by 4.6 per cent to Rs 1,796 crore in the year-on period.
Updated : 2 years, 2 months ago IST
Chennai (Tamil Nadu) [India] April 3 (ANI): A court here on Wednesday pronounced two years' rigorous imprisonment to a former police inspector Abdul Samad for carrying foreign currencies to the tune of Rs 2,94,50,120 without prior permission from the Reserve Bank of India (RBI) in 1993.
Mumbai (Maharashtra) [India], April 1 (ANI): Dawood Ibrahim's sister Haseena Parkar's flat located in Nagpada has been sold for Rs 1.80 crore in an auction by Smuggling And Foreign Exchange Manipulators Act (SAFEMA).
New Delhi [India], Mar 29 (ANI): The Adjudicating Authority under Foreign Exchange Management Act, 1999 (FEMA) has held a Lashkar-e-Taiba (LeT) operative and his two other associates guilty in a hawala case related to terror financing and imposed a penalty of Rs 15 lakh, the Enforcement D
Mumbai (Maharashtra) [India], Mar 27 (ANI): Businessman Vijay Kothari, accused of illegally remitting foreign exchange worth Rs 500 crore outside India, has been remanded to the custody of Enforcement Directorate (ED) till March 29.
New Delhi [India], Mar 23 (ANI): Patiala House Court on March 19 ordered attachment of Vijay Mallya's properties in Bengaluru under section 83 in The Code of Criminal Procedure in connection with a FERA (Foreign Exchange Regulation Act) violation case.