3 Indians sentenced to 517-year jail term in fraud case in UAE

Two Indian men and a woman have been sentenced to 517 years each in jail by a Dubai court for swindling thousands of people in a multi-million-dollar fraud case, the UAE media reported. Sydney......

How does forex trading work?

Forex trading is the act of trading currencies from different countries against each other. Forex is acronym for foreign exchange. For example, in Europe the currency in circulation is called the......

Cross-border share swaps eased by govt

The Union Finance Ministry on Friday announced key amendments to foreign exchange (forex) regulations, including mandating government approvals for all investments originating from countries that......

Rs steady against $ in CY24, weakens vs euro, pound

The rupee has remained largely stable against the US greenback in the current calendar year (CY 2024), depreciating by just 0.59 per cent so far. Illustration: Dominic Xavier/Rediff.com However,......

RBI to Hold Rates Steady at 6.50%

'The RBI's MPC will maintain the current policy rates (6.50%) at the policy meeting, given ongoing inflationary pressures.' IMAGE: Reserve Bank of India Governor Shaktikanta Das. Photograph: ANI......