foreign exchange
Foreign exchange business from outbound students on the rise: Report
July 24, 2019
India is today the second-largest source of international students. According to the Reserve Bank of India (RBI), overseas travel spends by Indians rose more than 60 pc year-on-year in May (just before the international academic season), thus highlighting a marked increase in ove...
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Weakening of rupee will allow NRIs to send more money back home
July 17, 2018
Inward payments are expected to grow the in the next few months in India, especially from the Middle East, the US and Southeast Asian countries amid a falling rupee following the recent shifts in the foreign exchange market and India’s external debt crossing the half-trillion m...
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Indian PM seeks support of perturbed citizens
November 15, 2016
As India is in a state of turmoil after demonetisation of INR 500 and INR 1000 currency bills in the country, Prime Minister Narendra Modi addressed the citizens from Goa asking people for their support and to give him some time to settle the chaos.
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