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All three arrested drug suppliers have been illegally staying in India without valid travel documents

Delhi Police Special Cell busts international drug cartel; three foreigners arrested

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A Special Cell of Delhi Police cracks down on international drug cartel On Friday, a Special Cell of Delhi Police successfully put an end to...
Centre makes changes to facilitate and ease international trade transactions in Indian Rupees

Centre amends Foreign Trade Policy; allows rupee settlement in export promotion schemes

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With the aim to boost trade, govt allows rupee settlement in export promotion schemes The Commerce Ministry said in a statement that the Central government...
Mumbai-based crypto exchange WazirX was on ED’s radar for the past year and got an Rs.2,790 cr worth of show cause notice for alleged contravention of the FEMA

ED freezes Rs.64-cr funds of India’s major crypto exchange WazirX for money laundering

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ED conducts raids on director of WazirX crypto exchange, freezes assets worth Rs.64 crore The Enforcement Directorate (ED) on Friday said it has frozen Rs.64.67...
Import of luxury goods such as cars, motorbikes above 250 CC, Colour TV above 32 inches, tobacco, and whisky have been halted for the time being to save foreign currency depletion

Nepal imposes ban on imports of luxurious items to save foreign currency and prevent...

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Nepal bans foreign liquor and TVs to avert forex crisis Nepal on Wednesday morning officially announced a ban on the import of cars and other...
The ATS has disclosed that over Rs.100 crore were exchanged through banks, hawala, and their assets in the name of religious trusts

Illegal Conversion Racket: UP ATS arrests 17 from 8 states; unearths foreign funding

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Illegal Conversion Racket: UP ATS conducts raids in UP, Delhi, Maharashtra, other states In a major jolt to the conversion racket running across Uttar Pradesh,...
The facts about Rupee Dollar Exchange rate

The facts about Rupee Dollar Exchange rate

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Value of a currency is its power to purchase goods and depends upon its quantity relative to the total goods produced in the country....
Why is the fastest growing economy in the World not showing strength in its currency? Who is shorting it?

RBI needs to monitor the Rupee exchange (USDINR) rate closely

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Even as India is digesting a career bureaucrat as the Governor of the Reserve Bank of India (RBI), there is a gradual fall again...
mayhem in indian economy

Indian Economy likely to hit as the exchange rate for rupee to reach RS.80/-...

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The value of Indian Rupee likely to hit 80/- per USD from the current value of 70/- per USD to affect Indian economy. With the...
BSE issues notice to NDTV on their stock price rise of 40% in two days

Bombay Stock Exchanges seeks clarification from NDTV on the controversial share deal

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The Bombay Stock Exchange (BSE) on Tuesday issued a notice to New Delhi Television Ltd. (NDTV) on reports about Securities Exchange Board of India...
Under Trump will the US Foreign Policy change vis-a-vis NATO & Russia?

US Foreign Policy under Trump – Part 2

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This is the second part of this series. Part 1 can be accessed here. When discussing current world events one has to take into consideration...

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