Foreign Exchange Reserves
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Centre Raises Gold, Silver Import Tariffs To 15% Amid PM's Forex Warning
The government has imposed a 10% basic customs duty and a 5% Agriculture Infrastructure and Development Cess (AIDC) on gold and silver imports, taking the effective import tax to 15% from 6%.
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PM Modi Asks Indians To Skip Foreign Trips, How Travel And Hospitality Industry Is Reacting
Every international trip and destination wedding by Indian travellers involves spending foreign currency on flights, accommodation, shopping and more.
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At USD 642.29 Billion, India's Foreign Exchange Reserves Hit All-Time High
India's foreign exchange reserves rose for the fourth straight week to hit an all-time high of USD 642.292 billion in the week ending on March 15, as per the latest data released by the Reserve Bank of India (RBI).
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India's Forex Reserves Surges Past USD 600 Billion Mark After Nearly 4 Months
India's foreign exchange reserves increased to USD 604 billion as on December 1, surpassing the USD 600 billion mark after a gap of about four months.
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Scientists From China And Sri Lanka Conduct Joint "Marine Scientific" Research Onboard Chinese Vessel
According to sources, Sri Lanka was delaying granting permission for the arrival of the vessel due to concerns raised by India. However, there is no official confirmation of the same.
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Rising Forex Reserves A Morale Booster; Should Be Used Wisely, Says Anand Mahindra
India's foreign exchange reserves are expected to reach the $500 billion mark in the coming weeks, as the flow of foreign funds increases, despite the coronavirus pandemic. Commenting on the rising forex reserves, Mahindra Group Chairman, Anand Mahindra, has now said that this is a morale booster in these uncertain times.
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Centre Raises Gold, Silver Import Tariffs To 15% Amid PM's Forex Warning
The government has imposed a 10% basic customs duty and a 5% Agriculture Infrastructure and Development Cess (AIDC) on gold and silver imports, taking the effective import tax to 15% from 6%.
-
PM Modi Asks Indians To Skip Foreign Trips, How Travel And Hospitality Industry Is Reacting
Every international trip and destination wedding by Indian travellers involves spending foreign currency on flights, accommodation, shopping and more.
-
At USD 642.29 Billion, India's Foreign Exchange Reserves Hit All-Time High
India's foreign exchange reserves rose for the fourth straight week to hit an all-time high of USD 642.292 billion in the week ending on March 15, as per the latest data released by the Reserve Bank of India (RBI).
-
India's Forex Reserves Surges Past USD 600 Billion Mark After Nearly 4 Months
India's foreign exchange reserves increased to USD 604 billion as on December 1, surpassing the USD 600 billion mark after a gap of about four months.
-
Scientists From China And Sri Lanka Conduct Joint "Marine Scientific" Research Onboard Chinese Vessel
According to sources, Sri Lanka was delaying granting permission for the arrival of the vessel due to concerns raised by India. However, there is no official confirmation of the same.
-
Rising Forex Reserves A Morale Booster; Should Be Used Wisely, Says Anand Mahindra
India's foreign exchange reserves are expected to reach the $500 billion mark in the coming weeks, as the flow of foreign funds increases, despite the coronavirus pandemic. Commenting on the rising forex reserves, Mahindra Group Chairman, Anand Mahindra, has now said that this is a morale booster in these uncertain times.
