scorecardresearch
Tuesday, August 12, 2025
TopicForeign exchange

Topic: foreign exchange

India may reconsider allowing local firms to list on foreign exchanges, says Nirmala Sitharaman

Under current regulations, Indian firms are not allowed to list directly on overseas exchanges. They can only list on foreign exchanges via instruments such as depository receipts.

Industrialist Anil Ambani appears before Enforcement Directorate in foreign exchange case

He was questioned by the probe agency for alleged foreign exchange violation.

No, Netflix won’t be more expensive because of Modi govt’s new foreign transaction rules. Here’s why

Breaking down the new tax rules for payments made abroad, including those using credit cards. Compliance costs are set to increase.

India’s forex reserves fall to $537.52 billion, notching steepest weekly fall in six months

The country's reserves were $545.65 billion at the end of the previous week. Reserves have now fallen for eight straight weeks and are near their lowest levels since August 2020.

ED slaps Rs 10,600-crore notice to Flipkart, its founder over alleged forex violations

The show cause notice was issued to 10 people including Flipkart founders Sachin Bansal & Binny Bansal. Flipkart said it's in compliance with Indian laws, including FDI regulations.

ED summons actor Yami Gautam over alleged contravention of foreign exchange law

The case against the 32-year-old actor pertains to transactions of about Rs 1.5 crore deposited in a bank account.

Behind India’s chronic trade deficit, a few ignorant accounting formulas

A persistent and large deficit fails to pressure the dollar upwards, relative to the rupee, resulting in the latter’s overvaluation.

RBI pushed for trading platform to make forex cheaper for retailers. But it benefits banks

RBI allowing banks to charge users a ‘pre-agreed flat fee’ affects its intention of reducing retail cost of buying & selling foreign currencies.

Rupee’s advance seems to be causing some discomfort for RBI

The central bank has announced plans to hold a $5 billion foreign-exchange swap auction for a three-year tenor.

The chances of India being named a currency manipulator are slim

It is highly unlikely that India will be called a manipulator as it has persistently been running current account deficits since 2005.

On Camera

With nuke lunacy, Asim Munir joins Pakistan’s Hall of Generals who swapped brains for bluster

Munir indicates that he’s willing to go for broke, even if it risks taking his country “and half the world” down with him. It’s important to understand where he is coming from.

How mining, manufacturing & power sectors weighed on India’s industrial output since January 2024

India’s industrial output growth saw a 10-month low in June, with Index of Industrial Production (IIP) growing by mere 1.5% as against 1.9% in May 2025.

‘Next war may come sooner than expected, will require whole-of-nation approach’—Army chief

Gen Dwivedi framed Op Sindoor not just as retaliation to Pahalgam, but as demonstration of India’s capability to fight multi-domain conflicts with integration between services & agencies.

Modi’s ready to risk it all for farmers. Farm reform can answer Trump with new Green Revolution

Standing up to America is usually not a personal risk for a leader in India. Any suggestions of foreign pressure unites India behind who they see as leading them in that fight.