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hawala
Posted in Economy

In hawala universe, it’s a partial eclipse of dollar

Mumbai: Away from the dust, death and debris of the war, a strange story is playing out in the underbelly of the Indian money market….

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Posted in Economy

RBI tightens norms on net open positions to curb rupee’s slide

Kolkata\Mumbai: The Reserve Bank of India has capped banks’ net open positions in the rupee at $100 million at the end of each business day,…

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Posted in Economy

Forex kitty slips below $700 billion as bullion loses some sheen

Mumbai: India’s foreign exchange reserves fell by $11.4 billion to $698 billion in the week ended March 20, due to the revaluation of gold prices…

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Courier export value limit to be scrapped
Posted in Economy

Courier export value limit to be scrapped

New Delhi: The government on Friday announced that it would remove the value limit per consignment for exports through courier services from April 1 2026….

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Posted in Economy

India, Europe eye deeper ties as PM Modi plans May-June visits

New Delhi: India and Europe are set to consolidate partnerships and collaborations across key areas, keeping up the momentum after concluding the India-EU free trade…

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Posted in Economy

India, US review next steps in trade pact talks

New Delhi: Commerce and industry minister Piyush Goyal and US Trade Representative Jamieson Greer on Friday discussed next steps in negotiations for a proposed bilateral…

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Posted in Economy

Centre pegs H1 FY27 borrowing at ₹8.2 L crore

New Delhi: The Centre will borrow ₹8.2 lakh crore from the market through dated securities in the first half of the next fiscal, amounting to…

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Posted in Economy

India may face credit stress if Gulf conflict drags on: Moody’s

New Delhi: India and other Asia-Pacific economies could face rising credit stress if the ongoing Gulf conflict persists, as higher energy prices and supply disruptions…

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Posted in Startups

ETtech Deals Digest: Startups raise $936 million in March so far; down 56% on-year

Indian startups raised about $935.7 million in funding in March so far, marking a 56% decline from March 2025, when they raised a total of…

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Posted in Economy

Press Note 3 of 2020 amendment provides for beneficial ownership definition: Govt to Parliament

New Delhi: The amendment of the Press Note 3 of 2020, provides for a definition and criteria for the determination of beneficial ownership under the…

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