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Probe Agency ED Attaches Yacht, Assets Worth Rs 131 Crore In Forex Case
A yacht, a boat, two houses and some other assets located in Spain and worth more than Rs 131 crore have been attached under the anti-money laundering law in a case against a "fraud" forex-trading platform.
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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.
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India's Forex Reserves Rise $2.29 Billion To $698.95 Billion
India's forex reserves rose USD 2.294 billion to USD 698.95 billion for the week ended June 13, the RBI said on Friday.
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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.
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Pakistani Man's "Don't Act Surprised" Reaction To Operation Sindoor
A Pakistani man has come out in support of India's Operation Sindoor. Abhay, a forex trader from Pakistan, defended the Indian army and criticised his own country for "breeding terrorism".
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Tensions With India Would Weigh On Pakistan's Growth: Moody's
Moody's Ratings on Monday said sustained escalation of tensions between India and Pakistan will not have any major economic disruption in the country, but will be a setback for Islamabad as its forex reserves could come under pressure.
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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.
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India's Forex Reserve Jumps By $4.758 Billion To $640.479 Billion
India's forex reserve jumped by USD 4.758 billion to USD 640.479 billion in the week ended February 21, the Reserve Bank said on Friday.
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India's Forex Reserves Drops By $8.4 Billion To $644.3 Billion: RBI
The country's forex reserves dropped by a further USD 8.478 billion to USD 644.391 billion for the week ended December 20, the RBI said on Friday.
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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.
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Flipkart, Amazon Executives To Be Summoned Over Alleged Forex Violations: Report
India's financial crime agency will summon Flipkart and Amazon executives as it steps up an investigation into alleged foreign investment law violations, days after raiding some of the e-commerce firms' sellers, a government source told Reuters.
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"Going Abroad New Disease Among Children": Vice President's Lament
Going abroad, that's the new disease afflicting the children of the country, Vice President Jagdeep Dhankhar said Saturday, lamenting what he called is both a "forex drain and brain drain".
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India's Forex Reserve Touches Record High Of $681 Billion
India's foreign exchange reserves increased by USD 7.023 billion, reaching a fresh record high of USD 681.688 billion, during the week that ended on August 23, according to data released by the Reserve Bank of India.
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India's Forex Reserves Drop By $2.92 Billion, Now At $652.8 Billion: RBI
India's forex reserves dropped by USD 2.922 billion to USD 652.895 billion for the week ended June 14, the Reserve Bank said on Friday.
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RBI Sold Net $3.6 Billion In Spot Forex Market In April
The Reserve Bank of India (RBI) sold $3.65 billion on a net basis in the spot foreign exchange market in April, data released on Wednesday as part of the central bank's monthly bulletin showed.
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Probe Agency ED Attaches Yacht, Assets Worth Rs 131 Crore In Forex Case
A yacht, a boat, two houses and some other assets located in Spain and worth more than Rs 131 crore have been attached under the anti-money laundering law in a case against a "fraud" forex-trading platform.
-
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.
-
India's Forex Reserves Rise $2.29 Billion To $698.95 Billion
India's forex reserves rose USD 2.294 billion to USD 698.95 billion for the week ended June 13, the RBI said on Friday.
-
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.
-
Pakistani Man's "Don't Act Surprised" Reaction To Operation Sindoor
A Pakistani man has come out in support of India's Operation Sindoor. Abhay, a forex trader from Pakistan, defended the Indian army and criticised his own country for "breeding terrorism".
-
Tensions With India Would Weigh On Pakistan's Growth: Moody's
Moody's Ratings on Monday said sustained escalation of tensions between India and Pakistan will not have any major economic disruption in the country, but will be a setback for Islamabad as its forex reserves could come under pressure.
-
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.
-
India's Forex Reserve Jumps By $4.758 Billion To $640.479 Billion
India's forex reserve jumped by USD 4.758 billion to USD 640.479 billion in the week ended February 21, the Reserve Bank said on Friday.
-
India's Forex Reserves Drops By $8.4 Billion To $644.3 Billion: RBI
The country's forex reserves dropped by a further USD 8.478 billion to USD 644.391 billion for the week ended December 20, the RBI 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.
-
Flipkart, Amazon Executives To Be Summoned Over Alleged Forex Violations: Report
India's financial crime agency will summon Flipkart and Amazon executives as it steps up an investigation into alleged foreign investment law violations, days after raiding some of the e-commerce firms' sellers, a government source told Reuters.
-
"Going Abroad New Disease Among Children": Vice President's Lament
Going abroad, that's the new disease afflicting the children of the country, Vice President Jagdeep Dhankhar said Saturday, lamenting what he called is both a "forex drain and brain drain".
-
India's Forex Reserve Touches Record High Of $681 Billion
India's foreign exchange reserves increased by USD 7.023 billion, reaching a fresh record high of USD 681.688 billion, during the week that ended on August 23, according to data released by the Reserve Bank of India.
-
India's Forex Reserves Drop By $2.92 Billion, Now At $652.8 Billion: RBI
India's forex reserves dropped by USD 2.922 billion to USD 652.895 billion for the week ended June 14, the Reserve Bank said on Friday.
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RBI Sold Net $3.6 Billion In Spot Forex Market In April
The Reserve Bank of India (RBI) sold $3.65 billion on a net basis in the spot foreign exchange market in April, data released on Wednesday as part of the central bank's monthly bulletin showed.
