A Special Rupee Vostro Account (SRVA) is a banking arrangement that allows foreign banks to hold Indian rupees in an account ...

The government on Friday said so far the RBI has permitted 123 correspondent banks from 30 trading partner countries to open ...

The RBI reduced its policy repo rate by 25 basis points (bps) to 6.5 per cent in the first rate cut since May 2020, when ...

BSF arrests 7 Bangladeshi nationals and 3 Indian agents for illegal border crossing, dealing blow to infiltration networks.

The fall in rupee against the dollar has had a negligible impact on demand as customers are still lining up to book holidays ...

The Dow Jones Industrial Average also experienced a decline, finishing the session at 44,303.40. The blue-chip index fell by 444.23 points, which translates to a 0.99 percent drop, with a volume of ...

Q4 2024 Earnings Call Transcript February 6, 2025 Yum! Brands, Inc. misses on earnings expectations. Reported EPS is $1.52 ...

Russia and Ethiopia are looking into the viability of trading in their local currencies, as well as bolstering their already ...

The United States Treasury Secretary, Scott Bessent, has dismissed the possibility of any currency challenging the US ...

Across the Atlantic, the U.S. dollar experienced varied performances. The USDJPY pair, which tracks the dollar against the Japanese yen, settled at 151.28 with a slight gain of 0.05 percent. The ...

US President Donald Trump plans to set up a Sovereign Wealth Fund (SWF) for America. Here is what a SWF means and details how it works.