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Inter Bank Foreign Exchange

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Will try to raise conviction rate to 75% by Aug 2022, CBI tells SC

Days after the Supreme Court observed that the 'success rate' in cases taken up by the Central Bureau of Investigation is perceived low, the agency has informed it that it has achieved the......

How hawala money is used to fund terror

The Financial Intelligence Unit last month marked 200 transactions in India -- running into Rs 2,000 crore -- as terror-financed. Now,it has commenced its probe to trace the origin of the funds. It......

Kidney scam probe moves overseas

The investigation into the over Rs 500-crore kidney scam has entered a crucial stage with a Delhi court seeking assistance from authorities in Hong Kong and Australia to ascertain the money trail......

Won't push India on BRI, says China's vice foreign minister

China on Saturday said there is no fundamental difference with India on the issue of “inter-connectivity” and Beijing will “not be too hard” with New Delhi on the issue of......

Black money: Swiss have agreed to help India but...

If India was able to provide additional and new information about people and entities that figure on stolen lists, they may consider it to exchange information The high-level team that went to......

RBI to regulate foreign exchange futures

The Reserve Bank of India will be the regulatory authority for currency futures trading, the draft guidelines for which will be issued soon by the central bank. In a meeting between the central......

Rupee gains 8 paise against dollar in early trade

  Extending its rising streak for the third day, the rupee appreciated by 8 paise to 66.49 against the US dollar in early trade on Tuesday on continued selling of the American currency by......

Rupee slips 15 paise against dollar

  The rupee on Wednesday lost another 15 paise to 67.50 against the dollar in early trade at the inter-bank foreign exchange market due to appreciation of the US currency overseas. Sustained......

Rupee moves up 11 paise against dollar

The rupee continued to rule higher against the American currency for the eighth straight session as it rose 11 paise to 66.10 in early trade at the Inter-bank Foreign Exchange on Monday on......

Rupee moves up 9 paise against dollar in early trade

Rising for the fifth straight session, the rupee gained 9 paise at 66.31 against the dollar in early trade on Monday at the Inter-bank Foreign Exchange on increased selling of the US currency by......

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