The RBI may have spent $220 billion from its reserves to defend the rupee over the past two years, according to former chief ...

The UAE and the US account for over half of FCNR (B) deposits at Indian banks, with a notable concentration in the Gulf ...

This report is from this week's CNBC's "Inside India" newsletter which brings you timely, insightful news and market ...

The Reserve Bank of India on January 16, 2025, announced liberalised norms to encourage use of Indian Rupee and ...

Understanding India's exchange rate policy, implications, and structural constraints in the economy in a concise and clear ...

Police have seized counterfeit currency notes totalling 2,070 in denomination of Rs 500 with a face value of Rs 10.35 lakh in Pune city and arrested five individuals, an official said on Thursday.

An exchange rate is how much one currency is worth in terms of another currency. Most exchange rates change freely, going up ...

Police have arrested five people and probe teams have been dispatched to Ghaziabad in Uttar Pradesh (UP) for further ...

RBI amends FEMA regulations to boost cross-border transactions in INR and local currencies amid economic challenges.

This 'balance of financial terror', as former U.S. Treasury Secretary Larry Summers labeled it, never tipped over the edge, and the threat today is probably not as severe. China's nominal holdings of ...

The $100 billion Gelephu Mindfulness City is set to remake capitalism and attract businesses with its focus on green ...

Conversely, the depreciating rupee makes India more attractive to foreign tourists, potentially boosting inbound tourism.