Latest News for: India foreign exchange

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FS Vikram Misri meets Japanese Vice Foreign Minister, conveys India's message on zero tolerance for terrorism

Suryaa 22 May 2025
Meanwhile, the Japanese Ministry of Foreign Affairs stated that the ... Misri also held a meeting with Japanese Senior Deputy Foreign Minister Hiroyuki Namazu and exchanged views on India-Japan startegic cooperation in the Indo-Pacific region and other issues of common interest....
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HC notice to Cong leader over alleged violation of land purchase rules

The Times of India 22 May 2025
The petition, filed by P Damodar Reddy, a resident of Wardhannapet, contends that Jhansi Reddy is a US citizen and that she violated the provisions of the Foreign Exchange Management Act by acquiring agricultural land in India—an act prohibited ......
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Watchdogs Are Now Freezing Trading Accounts in Latest Corruption Allegations

FrankNez 22 May 2025
The BSEC’s crackdown is part of a broader effort to stabilize Bangladesh’s financial system and attract foreign investment, particularly from Chinese firms. Advanced data analytics, inspired by India’s Securities and Exchange Board of India (SEBI), helped identify irregular trading patterns....
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How India’s boycott of Turkish products & services may aggravate Turkey’s dire economic state

The Times of India 21 May 2025
Undoubtedly, the boycott will deprive Turkey of desperately needed foreign exchange and trade with one of the world's biggest economies and strain its diplomatic ties with India, but it will also affect other important sectors such partnerships between Turkish and Indian ......
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Lankford Receives Fulbright US Teacher Award

The Greeneville Sun 20 May 2025
Rhonda Lankford, a teacher at Chuckey-Doak High School, has received a Fulbright Teacher Exchange award for the 2024-25 cycle from the U.S. Department of State and the Fulbright Foreign Scholarship Board for India .......
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The ‘core’ of inflation, and RBI’s rate cutting decisions

Financial Express 20 May 2025
This, even as India\u2019s official foreign exchange reserves plunged from $704.89 billion to $623.98 billion between September 27 and January 17 ... some $22.7 billion by foreign portfolio investors (FPI) from India\u2019s equity and debt markets during October 2024-February 2025....
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Rupees gains 17 paise to 85.40 against US dollar on lower oil prices following Moody’s US rating downgrade

The Times of India 19 May 2025
At the interbank foreign exchange, the ... Meanwhile, India’s foreign exchange reserves surged by USD 4.553 billion to USD 690.617 billion during the week ended May 9, driven primarily by an increase in gold reserves, according to data released by the Reserve Bank of India (RBI)....
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What is the 'One, Big, Beautiful Bill Act' and why it has raised alarm among Indians in America

The Times of India 19 May 2025
Srivastava cautioned that such a substantial reduction in dollar inflows would tighten the supply of US dollars in India's foreign exchange market, potentially leading to a modest depreciation of the Indian rupee....
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IMF tightens conditions for Pakistan to get fresh loans

Gulf News 19 May 2025
The funds, crucial to bolster the nation’s foreign exchange reserves and buffer its fragile economy, came despite India’s opposition following the attacks in Kashmir ... India and Pakistan have a history of bitter relations over the disputed region of Kashmir, which they both rule in part but claim in full....
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UN raises concern at Maldives sacking judges

The Times of India 19 May 2025
'The government remains fully committed to maintaining the independence of the judiciary and the rule of law,' foreign minister Abdulla Khaleel said on social media ... The Maldives is known for its upmarket tourism, but is also facing a severe shortage of foreign exchange, partly due to heavy borrowings from China and India ... ....
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India's forex reserves hit 7-month high of $690.6 billion

Times of Oman 19 May 2025
Mumbai. India's foreign exchange reserves (forex) rose $4.553 billion to $690.617 billion in the week that ended on May 9, official data released by the .......
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Donald Trump's 5% tax on international remittances likely to affect Indian homes

Hindustan Times 18 May 2025
The proposed US legislative move has triggered alarm across the globe, particularly in India, which has been one of the biggest beneficiaries of the US remittances ... For India, the stakes are high ... That loss would tighten the supply of US dollars in India's foreign exchange market, putting modest depreciation pressure on the rupee, the report added....
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FPIs, India-US trade news to dictate Dalal-Street movement

The Times of India 18 May 2025
The trading pattern of foreign fund managers, developments on India-US trade deal, direction of the rupee-dollar exchange rate after Moody’s downgrade of US’s credit rating on Saturday, and quarterly numbers from large corporates will dictate the direction of the domestic market in the new week....

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