Foreign exchange Archives

Economy and Finance

India’s foreign exchange reserves touch fresh highs at USD 655.8 billion

ANI - 15 June, 2024

India's forex reserves are now sufficient to cover around 11 months of projected imports, according to a recent RBI report.

News Reports

India’s foreign exchange reserves hit a fresh all-time high of USD 642.63 billion

ANI - 29 March, 2024

India's foreign exchange reserves rose for the fifth straight week to hit a fresh all-time high of USD 642.631 billion in the week ending on March 22.

News Reports

ED summons TMC leader Mahua Moitra in FEMA violation case, asks her to appear on 19 February

ANI - 15 February, 2024

ED wants to question Moitra in the case under the provisions of Foreign Exchange Management Act (FEMA), 1999.

News Reports

Ethanol blending saved ₹24,300 crore foreign exchange in 2022-23, 20% blended petrol will be available in the entire country by 2025: Hardeep Singh Puri

ANI - 3 January, 2024

Blending of ethanol into petrol has resulted in savings of over Rs 24,300 crore of foreign exchange in the supply year 2022-23, said Union Petroleum Minister Hardeep Puri on Wednesday.

News Reports

India saved at least USD 7 billion in foreign exchange in 14 months by importing discounted Russian crude oil

OpIndia Staff - 5 July, 2023

Indiam refiners saved over USD 7 billion in foreign exchange by increasing crude oil imports from Russia

News Reports

Case filed against BBC India by ED under FEMA for violating foreign exchange laws

OpIndia Staff - 13 April, 2023

The case by ED comes after February 2023 Income Tax Department survey in BBC offices in India.

News Reports

Bangladesh cancels Bollywood actor Nora Fatehi’s performance in Dhaka: Read why

OpIndia Staff - 19 October, 2022

Bangladesh has cancelled Nora Fatehi performance in Dhaka as a part of broader austerity drive to ‘save dollars’.

Fact-Check

Far-left and Congress trolls display ignorance while targeting PM Modi, misinterpret data to claim Rupee weakening against Bangladeshi Taka

OpIndia Staff - 16 May, 2021

As the value of 1 Rupee is equal to 1.16 Bangladeshi Taka, trolls assumed Rupee is weak against Taka and targeted PM Modi

News Reports

India’s foreign exchange reserves see a significant surge, cross half-a-trillion USD mark for the first time

OpIndia Staff - 13 June, 2020

This is for the first time that India’s foreign exchange reserves have crossed the half-a-trillion US Dollar mark

News Reports

Amnesty International produced predetermined Kashmir reports using foreign money received in violation of FEMA

OpIndia Staff - 10 September, 2019

Amnesty International using illegal foreign contribution to create propaganda reports on Kashmir

Foreign exchange

Latest News

Recently Popular

About us

Follow us