Foreign Currency Account
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Russian Bank Launches Rupee Accounts For Individuals
Russia's dominant lender on Wednesday said individuals could now open accounts in Indian rupees, expanding the range of foreign currencies available as Moscow strives to reduce dependency on the U.S. dollar and euro.
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Foreign Trade Can Be Done In Indian Currency Soon: Minister
Commerce and Industry Minister Piyush Goyal on Saturday expressed hope that traders will soon be able to settle foreign trade in the rupee currency as several banks from different countries are opening special Vostro accounts with Indian banks.
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Probe Agency Seizes Rs 75 Lakh Cash, 50 Shell Firms Of Gangster Atiq Ahmed
The Enforcement Directorate (ED) has seized Rs 75 lakhs of Indian and foreign currency as well as some documents pertaining to nearly 200 bank accounts and 50 shell entities from the premises of jailed gangster-turned-politician Atiq Ahmed.
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What Trade Body Chief Said About "Rupee Becoming A Global Currency"
When asked about the trading INR by foreign countries in FTP 2023, he said that the special Vostro accounts have been opened in 18 countries after getting the approval of the RBI and the Central Bank of that country.
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PhonePe Launches Support for Cross-Border UPI Payments in Select Countries: Report
PhonePe, Indian digital payments and financial technology company, has launched support for cross-border UPI payments, under UPI International. The apps' users can now use their Indian bank accounts to pay at merchant outlets in the UAE, Singapore, Mauritius, Nepal and Bhutan, The Bhutan Live reported. Earlier, Indian users had to use either foreig...
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Pak PM Imran Khan Has Assets Worth Over 10 Crore, Also Owns 4 Goats
Pakistan Prime Minister Imran Khan has assets worth Rs 10.8 crore, operates three foreign currency accounts and owns four goats, the election commission said on Tuesday.
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Saudi Arabia Offers $6 Billion To Pakistan Amid Economic Crisis
Saudi Arabia has agreed to give Pakistan $6 billion in foreign currency support for a year and a further loan worth up to $6 billion in deferred payments for oil imports to help stave off a current account crisis, Pakistan's government said on Tuesday.
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How Much Black Money Came Back Post Notes Ban, Rahul Gandhi Asks PM Modi: Highlights
Congress Vice President Rahul Gandhi today addressed the Congress Working Committee convention in Delhi's Talkatora Stadium. The convention - named the Jan Vedna Sammelan - that began at around 10 am today discussed matters on Congress' future course of action for protest against the government's notes ban move. Rahul Gandhi, 46, said it is a clash...
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India's New Bank Notes Already Being Used For Corruption: Foreign Media
On Nov. 8 - the same day American politics was upended - India's prime minister announced the sudden invalidation of all high denomination currency notes, accounting for a whopping 86 percent of the country's cash.
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Russian Bank Launches Rupee Accounts For Individuals
Russia's dominant lender on Wednesday said individuals could now open accounts in Indian rupees, expanding the range of foreign currencies available as Moscow strives to reduce dependency on the U.S. dollar and euro.
-
Foreign Trade Can Be Done In Indian Currency Soon: Minister
Commerce and Industry Minister Piyush Goyal on Saturday expressed hope that traders will soon be able to settle foreign trade in the rupee currency as several banks from different countries are opening special Vostro accounts with Indian banks.
-
Probe Agency Seizes Rs 75 Lakh Cash, 50 Shell Firms Of Gangster Atiq Ahmed
The Enforcement Directorate (ED) has seized Rs 75 lakhs of Indian and foreign currency as well as some documents pertaining to nearly 200 bank accounts and 50 shell entities from the premises of jailed gangster-turned-politician Atiq Ahmed.
-
What Trade Body Chief Said About "Rupee Becoming A Global Currency"
When asked about the trading INR by foreign countries in FTP 2023, he said that the special Vostro accounts have been opened in 18 countries after getting the approval of the RBI and the Central Bank of that country.
-
PhonePe Launches Support for Cross-Border UPI Payments in Select Countries: Report
PhonePe, Indian digital payments and financial technology company, has launched support for cross-border UPI payments, under UPI International. The apps' users can now use their Indian bank accounts to pay at merchant outlets in the UAE, Singapore, Mauritius, Nepal and Bhutan, The Bhutan Live reported. Earlier, Indian users had to use either foreig...
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Pak PM Imran Khan Has Assets Worth Over 10 Crore, Also Owns 4 Goats
Pakistan Prime Minister Imran Khan has assets worth Rs 10.8 crore, operates three foreign currency accounts and owns four goats, the election commission said on Tuesday.
-
Saudi Arabia Offers $6 Billion To Pakistan Amid Economic Crisis
Saudi Arabia has agreed to give Pakistan $6 billion in foreign currency support for a year and a further loan worth up to $6 billion in deferred payments for oil imports to help stave off a current account crisis, Pakistan's government said on Tuesday.
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How Much Black Money Came Back Post Notes Ban, Rahul Gandhi Asks PM Modi: Highlights
Congress Vice President Rahul Gandhi today addressed the Congress Working Committee convention in Delhi's Talkatora Stadium. The convention - named the Jan Vedna Sammelan - that began at around 10 am today discussed matters on Congress' future course of action for protest against the government's notes ban move. Rahul Gandhi, 46, said it is a clash...
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India's New Bank Notes Already Being Used For Corruption: Foreign Media
On Nov. 8 - the same day American politics was upended - India's prime minister announced the sudden invalidation of all high denomination currency notes, accounting for a whopping 86 percent of the country's cash.
