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Outlook.com
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Foreign Exchange

CBI Nabs Six In Rs 6,000 Crore Remittance Scam In Bank Of Baroda

Oct 27, 2021 Outlook Web Desk

According to the CBI officials, Rs 6,000 crore was transferred through nearly 8,000 transactions done between July 2014 and July 2015.

Indians Paid Rs 263 Billion In Foreign Exchange Fees In 2020: New Study Reveals

Oct 27, 2021 Outlook Business Team

The overall amount Indians have spent on transaction fees for sending money abroad have decreased over the past five years, the fees paid to exchange rate margins are growing.


India's Foreign Exchange Reserves Rise By $1.49 Billion To Touch $641 Billion

Special drawing rights with International Monetary Fund (IMF) fell by $21 million to reach $19.25 billion in the reporting week. India's reserve position with the IMF rose $6 million to reach $5.23 billion.

India's Forex Reserve Increase By $2.04 Billon To Reach $639.52 Billion: RBI

Oct 15, 2021 Outlook Business Team

India's reserve position with the International Monetary Fund fell by $3 million to about $5.23 billion in the reporting week, the data stated.


Forex Reserves Descend To $638.65 Billion

The apex bank stated that the fall in reserves was on account of a fall in the foreign currency assets (FCAs) which is a major component of the overall reserves.

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30 September, 2021

Forex Reserves Rise By $34.1 Billion In April-June Quarter: RBI Data

Outlook Business Team

On the balance of payment basis, excluding valuation effects, forex reserves rose by $31.9 billion in the June-end quarter compared to $19.8 billion in the year-ago period.


22 September, 2021

Rupee Falls 26 Paise To Close At 73.87 Against Dollar

Outlook Business Team

The local currency opened at 73.70 and touched an intra-day high of 73.66 against the dollar in trading hours today


15 September, 2021

Rupee Spikes 2 Paise To Touch 73.66 Against US Dollar in Early Trade

Outlook Business Team

Inflation in the United States is headed on an easing trajectory, inflation in August 2021 receded to the smallest increase in the last seven months


14 July, 2021

Economic Crisis: Sri Lanka Cuts Back On Imports Amid Mounting Debt

Associated Press (AP)

Shortages are pushing prices higher for many consumer goods, from bread to construction materials to gasoline, triggering protests among Sri Lankans fed up with the prolonged crisis.


09 June, 2021

Rupee Slips 13 Paise To 73.02 Against US Dollar In Early Trade

PTI

The domestic unit opened at 72.90 against the dollar, then slipped 13 paise to 73.02 against the American currency


02 June, 2021

Rupee Falls 27 Paise To 73.17 Against US Dollar In Early Trade

PTI

Indian Rupee goes down by 27 paisa in a day


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17 February, 2021

Rupee Slips 5 Paise To Close At 72.74 Against US Dollar

PTI

The dollar index, which gauges the greenback's strength against a basket of six currencies, gained 0.35 per cent to 90.82.


04 November, 2020

Covid-19, Brexit Game Changers For India-UK Ties: Vardhan Shringla

PTI

We would like the UK to come in as a major investor and innovation partner, says Vardhan while addressing the Policy Exchange think tank on 'India's Vision of the Indo-Pacific'


13 September, 2019

Bulls Rear Their Head Again On Markets As Nifty, Sensex Move Up

Outlook Web Bureau

If consumption stocks make a comeback, it would indicate that the lack of credit – which had hampered the stocks in the sector – was perhaps ending, pointing to a better future.


28 August, 2019

India's Forex Reserves Were Healthier In 2008: Jalan Committee Which Okayed 1.76 Lakh Cr Transfer

Outlook Web Bureau

The RBI may have to make efforts to step-up its forex reserves, says the Jalan Committee report, pointing to a not-too-comfortable a picture, unlike the impression being given by the government.


08 July, 2019

Foreign Tourists Spent Less, Caused Over Rs 6500 cr Loss In 2018

Jeevan Prakash Sharma

For the first time in a decade, India witnessed a decline in Foreign Exchange Earnings (FEE) of 1 billion dollars from foreign tourists


09 May, 2019

Ready To Return If SC Assures Will Not Be Arrested: Zakir Naik

Outlook Web Bureau

Islamic preacher Zaik Naik, who is living in Malaysia since 2016, says he is ready to return to India if the Supreme Court gives an assurance that he would not be arrested till his conviction


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23 August, 2018

Rupee Breaches 70 Mark Again, Falls 27 Paise Against US Dollar

Outlook Web Bureau

At the Interbank Foreign Exchange, the local currency opened at a low of 70.03 a dollar, down from its previous close of 69.81, and weakened further to trade at a 70.08, down by 27 paise.


Photo Gallery

Leader of Opposition in Uttarakhand Assembly Pritam Singh during a protest near the State Secretariat against the Devasthanam Act, in Dehradun.

PTI Photo

Indian Player Mayank Agarwal plays a shot during third day of the first Test cricket match between India and New Zealand, at Green Park stadium in Kanpur.

PTI Photo/Arun Sharma

MP & Bollywood actor Sunny Deol with his son Karan Deol (L) during Karan's birthday celebrations, at Sunny Super Sound studio in Mumbai.

PTI Photo

Sharad Agarwal, Head, Lamborghini India flags off a convoy of over 50 Lamborghinis as part of the Lamborghini Espierenza Giro India 2021, at Manesar in Gurugram.

PTI Photo

Lok Janshakti Party (Ramvilas) President Chirag Paswan inspects Bapu Auditorium for preparation of his party foundation day function, in Patna.

PTI Photo
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