RBI Proposes Full Cost Disclosure for Forex Transactions
RBI's new draft mandates banks to reveal all cross-border payment charges upfront, boosting transparency for education, travel & remittances. Public feedback open until Jan 9, 2026.
RBI's new draft mandates banks to reveal all cross-border payment charges upfront, boosting transparency for education, travel & remittances. Public feedback open until Jan 9, 2026.
The UAE Central Bank has revoked Omda Exchange's licence and fined it Dh10 million for regulatory breaches. This action strengthens the financial system's integrity for residents. Read more about the enforcement.
Indian taxpayers can still disclose foreign income & assets by filing a revised ITR before December 31. Learn about Schedule FA, FSI, and how to avoid heavy penalties under the Black Money Act.
The Indian rupee opened weaker against the US dollar on 23 December 2025, trading at 89.73. Get the latest forex market updates and analysis here.
A high-level UK delegation visited Lovely Professional University to strengthen academic collaboration, cultural ties, and explore student exchange programs. Discover the future of Indo-UK education.
EAM S. Jaishankar emphasizes the need for clarity, strategic choices, and a definitive game plan in India's foreign policy. Read his key insights on navigating global complexities.
India's foreign exchange reserves surged by $1.689 billion to $688.949 billion for the week ending December 12, RBI data shows. Gold and foreign currency assets saw significant growth. Read the full analysis.
New US budget provisions could tax foreign investors up to 20%, risking capital flight and global economic damage. Read why this move is more dangerous than tariffs.
The Indian rupee has depreciated 6% against the US dollar in 2024, marking it as Asia's worst-performing currency. Key factors include a strong dollar, foreign fund outflows, and election uncertainty. Explore the full analysis.
Coinbase partners with Kalshi to offer prediction markets on sports, elections & economy. This move is part of its vision to become a 24/7 'everything exchange' for US traders.
SEBI announces sweeping market reforms, slashing mutual fund TERs and capping brokerage fees. Investors to save costs, boosting market participation. Read details.
The Indian rupee surged the most since May after the RBI sold dollars to halt its slide. The currency had hit record lows amid foreign outflows. Read the full analysis.
India's foreign exchange reserves remain robust at $687.26 billion as of December 12, 2025, showcasing economic strength. Explore the RBI's confidence versus the US Fed's cautious stance.
India's foreign exchange reserves fell by $1.8 billion to $686.2 billion as of Nov 28, 2025. While gold reserves rose, foreign currency assets saw a significant decline. Get the full breakdown here.
India's foreign exchange reserves declined by $1.88 billion for the week ending November 29, 2024, settling at $686.23 billion. Explore the key factors behind the drop and its implications for the economy.
India's foreign exchange reserves declined by $1.88 billion for the week ending July 5, 2024, settling at $686.227 billion. The drop was primarily due to a decrease in foreign currency assets, though gold reserves saw an increase. Get the full analysis he
China's foreign ministry issues a stern warning to international media, accusing them of spreading false information about a deadly Hong Kong fire. Details on the incident and the official response.
Thomas Cook India expands its forex network with a new outlet in Varanasi, targeting tourists, students, and NRIs with zero-fee offers and doorstep delivery. Explore their services now!
Indian rupee extended recovery, rising 9 paise to 89.80 against US dollar in early trade Friday. All eyes on RBI's monetary policy announcement at 10 AM for future direction. Read full analysis.
The Indian rupee breached the 90 mark against the US dollar, becoming Asia's worst-performing currency. Experts analyze the causes and why the government remains calm. Read more.
The Reserve Bank of India is likely to permit a gradual rupee depreciation as foreign investment slows. Learn how this impacts India's economy and your finances.
Kuwait's Cabinet approves a new law imposing jail terms and heavy fines for unlicensed currency exchange to combat money laundering and fraud. Get the full details on the penalties.
External Affairs Minister S. Jaishankar addressed IFS officer trainees and Bhutanese diplomats, emphasizing India's evolving foreign policy and global challenges. Read his key insights.
The US Department of Education launches a new portal to enforce transparency on foreign funding in universities. Starting January 2026, institutions must report gifts over $250,000. Read more.
India's current account deficit improved sharply to 1.3% of GDP in Q2 FY26. Key drivers include higher services exports and remittances, though quarterly trends show a widening trade gap. Explore the full analysis.
India's foreign exchange reserves declined by $4.5 billion to $652.90 billion, yet maintain robust position near record levels. Discover what this means for the economy.
India's foreign exchange reserves declined by $4.472 billion to $688.104 billion for week ended November 21, primarily due to falling gold reserves value. Read full analysis.
Economist Jeffrey Sachs alleges CIA involvement in Venezuelan oil facility fire, condemns US militarism and praises China's global approach. Watch full analysis.
Money sent overseas by Indians under RBI's liberalised remittance scheme rose to $2.8 billion in September, driven by travel spending. Discover the shifting trends in foreign exchange outflows.
South Korean shares closed marginally higher after trimming early gains as persistent worries over the weak won overshadowed positive global cues. KOSPI rose 0.30% to 3,857.78 points.