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When India Pledged Gold To Survive 1991 Forex Meltdown
In the early 1990s, India was gripped by a balance-of-payments crisis. The situation was triggered by a slowdown in inward remittances and a sharp rise in oil prices following Saddam Hussein's invasion of Kuwait.
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India's Forex Reserves Climb to $687.19 Billion: Reserve Bank Of India
India's forex reserves increased by USD 392 million to USD 687.19 billion during the week ended January 9, the Reserve Bank of India said on Friday.
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How Matrimonial Sites Were Used To Cheat Hundreds Of Rs 200 Crore
Police in Maharashtra have unearthed a massive international syndicate that defrauded hundreds of people of more than Rs 200 crore by luring them into online forex and gold trading schemes, officials said on Tuesday.
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Mumbai Couple Loses Rs 72 Lakh In Forex Trading Scam, 1 Arrested
The Mumbai police have arrested a man for allegedly cheating a couple of Rs 72 lakh in a forex trading fraud, officials said.
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RBI Plans Long-Term USD/Rupee Swap Auction To Boost Liquidity
The Reserve Bank of India is set to inject liquidity into the banking system through a long-term USD/INR Buy/Sell Swap auction, marking a key move to ease financial conditions at a time when liquidity needs closer attention.
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3 Arrested, Including Private Bank Employee, In Forex Scam With Dubai Link
The Delhi Police has arrested three people, including a sales manager of a private bank, over alleged links with an interstate syndicate involved in large-scale forex trading scam operated by Dubai-based handlers, an official said on Monday.
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Lured With High Returns, Bengaluru Man Loses Rs 92.57 Lakh In Forex Fraud
A Bengaluru man was allegedly cheated of Rs 92.57 lakh through an online forex trading scheme run under the names ICON Forex and Forex Wealth, after he was lured with promises of high returns
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SpiceJet Sees Net Loss Of Rs 635 Crore In Sept Quarter Amid Forex Headwinds
SpiceJet on Wednesday reported widening of net loss to Rs 635.42 crore in the September quarter of FY26 as multiple factors, including foreign exchange loss, additional expenses related to grounded as well as reinducted aircraft and airspace curbs, h
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IndiGo Sees Net Loss Of Rs 2,482 Crore For 2nd Quarter Amid Forex Issues
The country's largest airline, IndiGo, reported a loss of Rs 2,582.10 crore in the September quarter as higher forex losses and expenses impacted the bottom line, and it expects to induct its first long-range Airbus A321 XLR aircraft in December
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Samsung Wallet Updated With UPI Onboarding and Support for Biometric Payments
Samsung has announced new updates to its Samsung Wallet in India. Now, the platform allows users to set up Unified Payments Interface (UPI) during the initial setup of their new Galaxy device. It also brings biometric authentication, eliminating the need for a PIN. The update brings improved Tap and Pay support in the country. The digital wallet no...
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When India Pledged Gold To Survive 1991 Forex Meltdown
In the early 1990s, India was gripped by a balance-of-payments crisis. The situation was triggered by a slowdown in inward remittances and a sharp rise in oil prices following Saddam Hussein's invasion of Kuwait.
-
India's Forex Reserves Climb to $687.19 Billion: Reserve Bank Of India
India's forex reserves increased by USD 392 million to USD 687.19 billion during the week ended January 9, the Reserve Bank of India said on Friday.
-
How Matrimonial Sites Were Used To Cheat Hundreds Of Rs 200 Crore
Police in Maharashtra have unearthed a massive international syndicate that defrauded hundreds of people of more than Rs 200 crore by luring them into online forex and gold trading schemes, officials said on Tuesday.
-
Mumbai Couple Loses Rs 72 Lakh In Forex Trading Scam, 1 Arrested
The Mumbai police have arrested a man for allegedly cheating a couple of Rs 72 lakh in a forex trading fraud, officials said.
-
RBI Plans Long-Term USD/Rupee Swap Auction To Boost Liquidity
The Reserve Bank of India is set to inject liquidity into the banking system through a long-term USD/INR Buy/Sell Swap auction, marking a key move to ease financial conditions at a time when liquidity needs closer attention.
-
3 Arrested, Including Private Bank Employee, In Forex Scam With Dubai Link
The Delhi Police has arrested three people, including a sales manager of a private bank, over alleged links with an interstate syndicate involved in large-scale forex trading scam operated by Dubai-based handlers, an official said on Monday.
-
Lured With High Returns, Bengaluru Man Loses Rs 92.57 Lakh In Forex Fraud
A Bengaluru man was allegedly cheated of Rs 92.57 lakh through an online forex trading scheme run under the names ICON Forex and Forex Wealth, after he was lured with promises of high returns
-
SpiceJet Sees Net Loss Of Rs 635 Crore In Sept Quarter Amid Forex Headwinds
SpiceJet on Wednesday reported widening of net loss to Rs 635.42 crore in the September quarter of FY26 as multiple factors, including foreign exchange loss, additional expenses related to grounded as well as reinducted aircraft and airspace curbs, h
-
IndiGo Sees Net Loss Of Rs 2,482 Crore For 2nd Quarter Amid Forex Issues
The country's largest airline, IndiGo, reported a loss of Rs 2,582.10 crore in the September quarter as higher forex losses and expenses impacted the bottom line, and it expects to induct its first long-range Airbus A321 XLR aircraft in December
-
Samsung Wallet Updated With UPI Onboarding and Support for Biometric Payments
Samsung has announced new updates to its Samsung Wallet in India. Now, the platform allows users to set up Unified Payments Interface (UPI) during the initial setup of their new Galaxy device. It also brings biometric authentication, eliminating the need for a PIN. The update brings improved Tap and Pay support in the country. The digital wallet no...
