A rapidly deteriorating balance of payments may warrant that but the political climate is too risky
Travel cards are like debits cards-loaded with the currency of your choice or which the lenders offer.
While there are no specific data for money that could be of Indians, this includes outflows to the tune of 100 billion Swiss francs that are related to fine payments in the context of declaration of untaxed money, as per a new study by PwC.
In another retrospective change, which forms part of the Securities Laws Amendment Ordinance promulgated by the President of India last week, the individuals and companies being probed by Sebi can settle their pending investigations.
You need not worry about getting swept off your feet if the equity market party gets wilder in 2008. Here are five ways by which you can make your moves safer
There's surplus liquidity and RBI, with plentiful forex reserves, is ready to pump whatever extra is needed
Dealers expect prices to fall further, owing to an impending rate hike in the US
In a brazen show of competitive politics, Andhra Pradesh MPs belonging to Congress and Telugu Desam were Wednesday locked in a scuffle in public view at the Jolly Grant airport in Dehradun over ferrying pilgrims back to the state.
Top diplomats from Afghanistan and Pakistan engaged in verbal sparring during a discussion on cross-border terrorism and presence of terrorist safe havens, at the United Nations Security Council.
United States Secretary of State John Kerry would not meet representatives of the Afghan Taliban during his visit to Qatar later this week, his spokesperson said Thursday.
What perhaps turned the tide against Uber was the plight of the consumer.
The sharp fall in rupee since the beginning of May will make things difficult for the central bank which is on the path of easing the monetary policy to revive growth.
The Congress president questioned the government over unfulfilled promises and questioned the Rafale deal.
The RBI governor-designate may be economical with spoken words, but is known for his sharp and critical writings
Even as rupee fell below 56-level against dollar intra-day, Chief Economic Adviser in the Finance Ministry Raghuram Rajan said, there is no need to panic, and RBI takes decisions on whether to intervene in forex markets or not to stabilise the local currency.
'The rate of interest from the EPF is still attractive compared to the rates on fixed deposits, National Savings Scheme, Public Provident Fund...'
Securities held in custody accounts reached a new high.
The Sindhi New Year 'chetichand' holds a lot of importance, as this is a day when friends and relatives come together to meet one another.
Personnel from the Levies militia secured the safe release of the four persons during an operation in Pishin area on Friday.
Firms that should borrow abroad do not do so enough, and those that should not borrow abroad do.
Like inflation targeting, regulating a floating currency is all about managing expectations. The RBI cannot manage expectations if it appears helpless.
The decision will benefit over nine crore such account holders having total deposit of around Rs 32,000 crore.
Go for high quality and low-to-medium-duration funds in your debt portfolio
Indices reversed all its losses during late trades.
Indrani chose at that moment to wave a folded chit from the accused enclosure. It distracted Bharti, who looked at her sharply for a split second before turning back to Pasbola. The chit was collected from Indrani and her lawyer Gunjan Mangla slipped it to Pasbola. He looked at it, quietly laughed in disbelief and continued with his cross examination.
According to Subbarao, the lower your reserves dip, the more vulnerable you become.
Disclose foreign assets, redesignate NRO a/c and open a Resident Foreign Currency a/c to park forex earnings
Debt fund managers think the Reserve Bank governor might at best go for one rate cut in April.
RBI is scheduled to announce the monetary policy for the current financial year on May 3 during which it will take a call on interest rates keeping in view the inflation and other macro-economic parameters like growth rate, industrial production etc.
Historically, tensions in West Asian regions have provided support to gold prices.
A look at the increasing problem of cell phone security. Between hackers and lost phones, you have a lot to worry about! Read how to protect yourself.
Fresh dollar demand from importers and some banks on the back of smart rise in the US dollar ahead of RBI monetary policy meeting on Tuesday also weighed on the rupee, said forex dealers.
India and Mauritius on Tuesday signed three memorandums of understanding during the three-day State visit of President Pranab Mukherjee. One MoU was on persons with disabilities and senior citizens, another on cooperation in the field of health and medicine, and the third was on cooperation in the field of tourism.
Capital convertibility, covering unrestricted investment and speculative currency flows, is an altogether different animal, says Subir Roy.
During deleveraging the income falls more than reduction in debt due to the austerity measures.
By sharing the infrastructure with others, telecom companies can drive down their costs, reduce investments and, in the process, improve their bottom line.
One woman was killed and her husband was in jured in an exchange of fire between north Kashmir security forces and terrorists late Sunday night.
It was the tenth session of consecutive gains as investors lapped up heavyweight oil & gas and auto stocks among others.
Market opened higher tracking robust global cues amid strong foreign fund inflows.
Switzerland will be able to provide banking and other details sought by other countries, including India, from next month about a 'group of persons' even without their individual identification, provided the information has not been requested as part of some 'fishing expedition'.
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