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2 mins read
India's forex reserves sufficient to cover 11 months of projected imports
India's foreign exchange reserves which have reached an all-time high are sufficient to cover 11 mo…
ANI
2 mins read
India's foreign exchange reserves rose by USD 2.6 billion in the week ending May 10: RBI
The country's foreign exchange reserves had hit an all-time high of USD 648.562 billion recently. A…
ANI
1 min read
Enforcement Directorate files case against BBC for irregularities in foreign funds
The Enforcement Directorate has filed a case against BBC India under Foreign Exchange Management Ac…
ANI
1 min read
2 brothers were just charged by the Justice Department over a $25 million crypto heist that took 12 seconds
The Peraire-Bueno brothers allegedly tampered with the ethereum blockchain and funneled $25 million…
Jennifer Sor
2 mins read
RBI makes more efforts to take Rupee international with new framework
The Reserve Bank of India (RBI) on Monday announced an additional framework for invoicing, payment,…
2 mins read
Tourism sector to contribute USD 250 bn to GDP by 2030: Centre
The Centre on Tuesday said the country's tourism sector will strive to recover to the pre-pandemic …
PTI
2 mins read
Casino organizers in Hyderabad grilled by ED over FEMA violations
Casino organiser Chikoti Praveen Kumar and his aide Madhava Reddy appeared before the Enforcement D…
1 min read
ED send notices to crypto firms — CoinSwitch, CoinDCX to probe any foreign exchange violations
The ED is trying to ascertain whether these firms were involved in foreign exchange violations o…
2 mins read
Karnataka High Court allows Xiaomi to take overdraft for payments, restricts royalty payment
Vacation Judge Justice S. Sunil Dutt Yadav on Thursday also extended the interim order till May …
1 min read
Sam Bankman-Fried wanted to regain control of FTX by moving assets and getting better treatment from foreign regulators, Justice Department says
Sam Bankman-Fried has stated he regrets the decision to have FTX file for bankruptcy and maintains …
Jennifer Sor
2 mins read
India is expecting to save ₹3000 crore in foreign exchange by stopping import of defence equipment components
The defence ministry on Wednesday notified a positive indigenisation list of sub-systems, assemb…
4 mins read
A judge just tossed out the Justice Department's bid to force Trump donor and casino mogul Steve Wynn to register as a foreign agent
The Trump donor Steve Wynn fended off a Justice Department lawsuit seeking to force the casino mogu…
C. Ryan Barber
3 mins read
Foreign crypto exchanges in India may have to pay 18% GST as the government mulls over taxation
The 18% slab is meant for capital goods and industrial intermediaries, among other times, while …
3 mins read
India is reportedly mulling over a new crypto tax which could make trading on foreign exchanges more expensive
However, this doesn't clarify why a tax meant for companies will mean for individuals with…
2 mins read
The US Treasury issued its first-ever sanctions against a crypto exchange for aiding ransomware attacks
An analysis of transactions of Suex showed that over 40% were associated with illicit actors, the T…
Isabelle Lee
6 mins read
Russia frees Brittney Griner in prisoner exchange with the US after months of pressure
The Biden administration agreed to release the notorious Russian arms dealer Viktor Bout for the re…
Meredith Cash,Sinéad Baker
2 mins read
China is hiding $3 trillion of foreign currency in 'shadow reserves,' adding unknown risks to the global economy, former Treasury official says
"Not everything that China does in the market now shows up in the PBoC's balance sheet."
Filip De Mott
2 mins read
Foreign student enrolments in US educational institutions dip by 18%, says media report
The Covid-19 pandemic and a flurry of immigration-related directives from the last US administratio…
2 mins read
Joe Biden cancels Donald Trump's proposal to limit foreign student visas to four-year term
The DHS said that it had received about 32,000 public comments, of which 99 per cent were crit…
4 mins read
America is going to need to spend massive amounts of money to rebuild its tarnished global reputation
It's not going to be cheap to rebuild America's image after Donald Trump spent four years burning i…