CHENNAI: As of the week ending May 30, the Indian rupee (INR) experienced a modest appreciation against the US dollar (USD), ...

Unlike the earlier regime under the Income Tax Act, 1961, which required NRIs to compute capital gains entirely in Indian ...

The CBI adopted the SANA system for currency exchange offices, where one euro costs 807,703 rials and $1 costs 711,848 rials.

The Indian rupee gained on Friday, as uncertainty around U.S. tariffs following a temporary reinstatement pulled the dollar ...

The Indian rupee is poised to open higher on Friday, after the U.S. dollar’s rally, which was sparked by a U.S. court ruling ...

NRIs to pay lower LTCG tax on these equity shares due to proposed forex fluctuation benefit in New Income Tax Bill 2025 ...

Over the years, especially in the last two decades, the INR has been relatively resilient against the USD compared to its past performance. As our economy ...

The US Dollar Index (DXY), which measures the value of the USD against a basket of six major currencies, is trading around 99 ...

Outbound investments at GIFT City, done through the liberalised remittance scheme, carry the additional benefit of INR ...

Every time gold prices spike, everyone becomes an expert on the commodity. There is a lot of "I told you so," "why gold is ...

The Manager's Amendment changed the US excise tax rate on remittances from 5% to 3.5%, which is good news for immigrants and ...

RBI net sold $34.5 billion in FY25, the highest since 2008-09, as it intervened in the forex market to curb rupee volatility ...