dollars
- Business
NRI remittances surge to record USD 11.9 billion in April-Oct: RBI
New Delhi: Inflows into in non-resident Indian (NRI) deposit accounts surged to $11.9 billion in April-October during the current financial year, which is nearly twice the corresponding figure of $6.1 billion for…
- Business
Forex kitty jumps USD 2.98 bn to new high of USD 648.562 bn
Mumbai: India’s forex reserves jumped by USD 2.98 billion to a fresh peak of USD 648.562 billion for the week ended April 5, the RBI said on Friday. In the previous reporting…
- Business
Rupee falls 9 paise to settle at 83.27 against US dollar
Mumbai: The rupee fell by 9 paise to settle at 83.27 against the US dollar on Thursday, December 21, as withdrawals of foreign funds amid concerns over global trade disruption through the…
- Technology
Intel set to lay offs employees as it cuts billions of dollars in spending
San Francisco: Chip-maker Intel will begin to lay off workers soon as the company plans to drive nearly $3 billion in annual savings in the near term and $8 billion to $10…
- Pakistan
Pakistan seeks billions of dollars in new loans after floods
Islamabad: Pakistan will ask international lenders for billions of dollars in loans after devastating floods exacerbated the South Asian nation’s economic crisis, the media reported on Wednesday. “We are not asking for…
- World
Russia drops gold tax to encourage savers to dump dollars
New Delhi: Russian President Vladimir Putin on Wednesday signed a law that exempts individuals from value added tax (VAT) on the purchase of gold. The measure is meant to provide support to…