Forex Trading
- All
- News
- Videos
-
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
-
Despite US Tariffs, India's Services Trade Surplus Set To Hit Record $207 Billion: Report
While merchandise exports are projected to remain under pressure due to US tariffs, India's services trade surplus is expected to hit a record $205-207 billion in FY26, a report showed on Wednesday.
-
Rupee Crashes 51 Paise To Close At All-time Low Of 88.09 Against US Dollar
The rupee breached the 88-mark for the first time and closed at an all-time low of 88.09 against the US dollar, registering a sharp decline of 51 paise amid a massive outflow of foreign funds and heightened tensions over a trade deal betwee
-
Thane Businessman Cheated Of Rs 4.11 Crore In Forex Trading Scam: Cops
A 42-year-old businessman from Maharashtra's Thane city was allegedly duped of Rs 4.11 crore by cyber fraudsters, including foreign nationals, who lured him to invest in a fraudulent forex trading scheme, police said on Friday.
-
Mastermind Of Rs 7 Crore Thane Forex Scam Arrested After 3 Years In Dehradun
The main accused in a Rs 7.14 crore investment fraud in Thane city has been arrested from Uttarakhand, nearly three years after the scam came to light, police said on Wednesday.
-
Fake Payment Gateways, Properties In Spain: Inside Rs 800-Crore Forex Scam
The Enforcement Directorate conducted raids across four cities in connection with a Rs 800 crore scam pertaining to a online forex trading through a OctaFx app and website.
-
Thane Man Duped Of Rs 13.54 Lakh In Forex Trading Fraud
A 38-year-old man from Maharashtra's Thane district allegedly lost Rs 13.54 lakh after he fell for "high returns in forex trade", an official said on Friday.
-
Rupee At All-Time Low Of Rs 84.40 Against US Dollar In Early Trade
The rupee slipped 1 paisa to an all-time low of 84.40 against the US dollar in early trade on Wednesday, as persistent foreign fund outflows and a muted trend in domestic equities weighed on the local unit.
-
Police Bust Fake Forex Trading Platform In Mumbai, 10 Arrested
Police have busted a fake online foreign exchange platform which was used to cheat at least 500 customers of over Rs 6.25 crore, an official said on Friday.
-
Notable Rise In Foreign Exchange Purchase By India: US
There has been a notable rise in India's net foreign exchange purchases, the US Department of Treasury has said in its report on forex policies of its major trading partners. In the report given to the US Congress, the department said it will closely track India's foreign exchange and macroeconomic policies
-
Forex Reserves Hit $400 Billion, CAD Widens: How Rupee Could Be Impacted
The widening of the year-on-year deficit was primarily due to a larger increase in merchandise imports relative to exports, the RBI said in its release.
-
Police officer Pramod Kumar's bail plea reserved for Friday
A CBI court has reserved its order for tomorrow on the bail petition filed by senior Police officer Pramod Kumar, arrested in connection with the Rs 824-crore Paazee Forex Trading scam case.After hearing the arguments from the prosecution, defence counsel and directors of Pazee firm, Judge Ramasamy said that the jugement would be pronounced on Frid...
-
Forex trading is 'haram', says Malaysia's Fatwa Council
Malaysia's National Fatwa Council has ruled that foreign exchange trading is forbidden or 'haram' for Muslims as it was against the Islamic Sharia law.
-
Rupee on a two-year high against the US Dollar
The rupee strengthened has strengthened to a 25-month to against the dollar, closing 30 paise higher at Rs 44.19 against the dollar. This means the rupee is now trading at pre-Lehman collapse levels. The rupee last traded at 44.12 on September 8, 2008.The strengthening of the rupee is largely on account of selling of dollars by banks and...
-
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
-
Despite US Tariffs, India's Services Trade Surplus Set To Hit Record $207 Billion: Report
While merchandise exports are projected to remain under pressure due to US tariffs, India's services trade surplus is expected to hit a record $205-207 billion in FY26, a report showed on Wednesday.
-
Rupee Crashes 51 Paise To Close At All-time Low Of 88.09 Against US Dollar
The rupee breached the 88-mark for the first time and closed at an all-time low of 88.09 against the US dollar, registering a sharp decline of 51 paise amid a massive outflow of foreign funds and heightened tensions over a trade deal betwee
-
Thane Businessman Cheated Of Rs 4.11 Crore In Forex Trading Scam: Cops
A 42-year-old businessman from Maharashtra's Thane city was allegedly duped of Rs 4.11 crore by cyber fraudsters, including foreign nationals, who lured him to invest in a fraudulent forex trading scheme, police said on Friday.
-
Mastermind Of Rs 7 Crore Thane Forex Scam Arrested After 3 Years In Dehradun
The main accused in a Rs 7.14 crore investment fraud in Thane city has been arrested from Uttarakhand, nearly three years after the scam came to light, police said on Wednesday.
-
Fake Payment Gateways, Properties In Spain: Inside Rs 800-Crore Forex Scam
The Enforcement Directorate conducted raids across four cities in connection with a Rs 800 crore scam pertaining to a online forex trading through a OctaFx app and website.
-
Thane Man Duped Of Rs 13.54 Lakh In Forex Trading Fraud
A 38-year-old man from Maharashtra's Thane district allegedly lost Rs 13.54 lakh after he fell for "high returns in forex trade", an official said on Friday.
-
Rupee At All-Time Low Of Rs 84.40 Against US Dollar In Early Trade
The rupee slipped 1 paisa to an all-time low of 84.40 against the US dollar in early trade on Wednesday, as persistent foreign fund outflows and a muted trend in domestic equities weighed on the local unit.
-
Police Bust Fake Forex Trading Platform In Mumbai, 10 Arrested
Police have busted a fake online foreign exchange platform which was used to cheat at least 500 customers of over Rs 6.25 crore, an official said on Friday.
-
Notable Rise In Foreign Exchange Purchase By India: US
There has been a notable rise in India's net foreign exchange purchases, the US Department of Treasury has said in its report on forex policies of its major trading partners. In the report given to the US Congress, the department said it will closely track India's foreign exchange and macroeconomic policies
-
Forex Reserves Hit $400 Billion, CAD Widens: How Rupee Could Be Impacted
The widening of the year-on-year deficit was primarily due to a larger increase in merchandise imports relative to exports, the RBI said in its release.
-
Police officer Pramod Kumar's bail plea reserved for Friday
A CBI court has reserved its order for tomorrow on the bail petition filed by senior Police officer Pramod Kumar, arrested in connection with the Rs 824-crore Paazee Forex Trading scam case.After hearing the arguments from the prosecution, defence counsel and directors of Pazee firm, Judge Ramasamy said that the jugement would be pronounced on Frid...
-
Forex trading is 'haram', says Malaysia's Fatwa Council
Malaysia's National Fatwa Council has ruled that foreign exchange trading is forbidden or 'haram' for Muslims as it was against the Islamic Sharia law.
-
Rupee on a two-year high against the US Dollar
The rupee strengthened has strengthened to a 25-month to against the dollar, closing 30 paise higher at Rs 44.19 against the dollar. This means the rupee is now trading at pre-Lehman collapse levels. The rupee last traded at 44.12 on September 8, 2008.The strengthening of the rupee is largely on account of selling of dollars by banks and...
