Dubai-based woman invests 3.41 crore in FCNR deposits along with husband, gets tax notice for unexplained money; ITAT gives relief saying bank confirmed source and AO mistook yen for rupees

ITAT Jaipur identified a significant error in the AO’s assessment. (Image for representative purpose only) Indians…

India’s forex reserves surge record $44.9 billion to all-time high of $785.7 billion

The latest reserve build-up comes after a sharp turnaround in foreign-currency inflows following the RBI’s measures…

How India built a record forex shield amid the US-Iran war

RBI has garnered $136.38 billion through the special dollar swap scheme which it launched in June…

India’s forex boost: RBI’s swap scheme raises $20.72 billion so far

Reserve Bank of India’s special swap facility to attract foreign currency brought in $20.72 billion till…