The fundamental anxiety behind India's current economic problems is not gold, oil, or the rupee, but the fear that the global economy is reorganising around artificial intelligence (AI)-driven productivity. This shift threatens…
Tier-2 and Tier-3 cities now account for 53% of India's foreign exchange demand, according to Thomas Cook India's Forex Report 2026. Tier-2 cities contributed 41% and Tier-3 cities 12%, while metros and…
The Reserve Bank of India released foreign exchange turnover data for the week ending July 31, 2026. Total merchant purchases of FCY/INR spot stood at $6,080 million on July 31, while sales…
Bloomberg reports that currency traders are increasing bullish options bets on the Taiwan dollar following its worst July since 2015. Demand for dollar-Taiwan dollar put options, which profit when the US currency…
The commerce and industry ministry is preparing a Cabinet note to remove the foreign exchange requirement for services supplied by special economic zones to domestic tariff areas, ETCFO reports. Section 2(z) of…
An appellate tribunal has set aside penalties imposed on former IPL chairman Lalit Modi and other former BCCI officials in connection with the IPL 2009 foreign-exchange case, cricinfo.com reports. Modi said he…
