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Hawala scam worth Rs 5,000 cr busted

An Indian businessman accused of terror financing by Homeland Security of the US was on Friday booked by Enforcement Directorate for running an alleged hawala operation to the tune of Rs 5,000......

India pushes for rupee trade with Cuba

The Centre is pushing for bilateral trade with Cuba and its settlement in rupee as a part of its strategy to internationalise the domestic currency. Photograph: Reuters A delegation from Cuba,......

Rupee outperforms most EM peers as dollar surges to a 20-year high

If there was one event that made the month of August stand out, it was a strengthening of the dollar index to levels last seen only 20 years ago, as the Federal Reserve dispelled all doubts about......

Global funds urge Sebi to push T+1 deadline by 18 mths

A global association for regulated funds that is leading efforts to shorten the settlement cycle for US equities has reached out to the Securities and Exchange Board of India (Sebi) with a plea to......

India on cusp of major changes in capital account convertibility: RBI

Hinting at further relaxation in the capital account convertibility norms, RBI Deputy Governor T Rabi Sankar on Thursday said the country is on the cusp of some fundamental shifts with regard to......

Sebi's new rules for executing trades may open Pandora's box for MFs

Fund managers may end up losing out on crucial information during market hours, leading to information asymmetry vis-a-vis other institutional investors such as alternative investment funds,......

All payments during IPL in SA in 2009 were legitimate: BCCI

The Board of Control for Cricket in India on Saturday refuted allegations that it violated India's foreign exchange regulations while conducting the second edition of the Indian Premier League in......

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Foreign Exchange Dealers Association Of India

News for Foreign Exchange Dealers Association Of India

Hawala scam worth Rs 5,000 cr busted

India pushes for rupee trade with Cuba

Rupee outperforms most EM peers as dollar surges to a 20-year high

Global funds urge Sebi to push T+1 deadline by 18 mths

India on cusp of major changes in capital account convertibility: RBI

Sebi's new rules for executing trades may open Pandora's box for MFs

All payments during IPL in SA in 2009 were legitimate: BCCI

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