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Conservation Of Foreign Exchange

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Mumbai Customs detain four in airport

The Mumbai Customs Air Intelligence Unit has detained four persons at the Mumbai airport for violating the Foreign Exchange Regulation Act norms as they carried digital phone memory cards worth Rs......

'Modi will recover black money from abroad'

'The difference between black money in India and the black money out of India is, in India, it is tax evaded money and Indian money outside India is not only tax evaded money, but money which has......

Modi and Obama set out to create a model for the world

Moving ahead with their new mantra -- Chalein Saath Saath: Forward Together We Go -- Prime Minister Narendra Modi and United States President Barack Obama on Tuesday vowed to deepen cooperation in......

Looking forward to Modi's visit to take ties further: Aus MP

In a bid to further deepen ties with India, Australia is looking forward to welcome Prime Minister Narendra Modi when he is expected to attend the G20 Summit in Brisbane. "We have invited Prime......

President Pranab's address to Parliament: The transcript

President Pranab Mukherjee on Monday addressed the first joint sitting of Parliament as mandatorily required under the Constitution after the general elections. The address is the political,......

Here's what China can buy with $3 trn forex

At the end of March 2011, China's foreign exchange reserves scaled a new peak. They shot past $3 trillion (about Rs 135 trillion!). And despite the fact that China showed a trade deficit in the......

'Tourism to be No.1 forex earner'

India plans to double its foreign exchange earnings from tourism in the next three years and make it the number one foreign exchange earner, Tourism Minister Renuka Chowdhury said."We earned $4.8......

Forex not to fund infrastructure

The use of foreign exchange reserves for funding infrastructure projects seems to have been put on the backburner.Investment was required in the infrastructure sector and "where the money comes......

Too much forex has limitations: IMF

Emerging countries should not accumulate too much foreign exchange reserves as such a buildup has its own limitations and at a particular point complicates monetary policy, IMF managing director......

Firms rush for forward cover

Companies are rushing to book forward covers for all transactions in the foreign exchange market. The trigger for this development is the extreme volatility in the spot market, with daily intra-day......

  People speak for conservation of foreign exchange

  • QNA
sigma
Q. What is the expansion of C O F E P O S A?
Sigma:  A.  more

http://qna.rediff.com/questions-and-answers/what-is-the-expansion-of-c-o-f-e-p-o-s-a/26421111/answers/

afsa kausar
Q. A TOP DRI OFFICIAL CAUGHT IN DRAFT CHARGES ? WHY DO BUREAUCRATS DESPITE POWER , POSITION , GOOD SALARY AND FAME INDULGE IN BRIBERY ?
Afsa Kausar:  A. Conservation Of Foreign Exchange And Prevention Of Smuggling Activities more

http://qna.rediff.com/questions-and-answers/a-top-dri-official-caught-in-draft-charges--why-do-bureaucra/22238701/answers/26421130

right sense
Q. what is Cofeposa ? do you wanna be booked with it ?
Right Sense:  A. Additional Director-General (ADGP) of the Directorate of Revenue Intelligence C Rajan was arrested and booked on charges of corruption, after the...... more

http://qna.rediff.com/questions-and-answers/what-is-cofeposa--do-you-wanna-be-booked-with-it-/22182080/answers/22238753

ambuj kumar
Q. what is full from of COFEPOSA?
Ambuj Kumar:  A. COFEPOSA ACT - IS THE CONSERVATION OF FOREIGN EXCHANGE AND PREVENTION OF SMUGGLING. ACTIVITIES ACT, 1974. (Act 52 of 1974). By the why shall I...... more

http://qna.rediff.com/questions-and-answers/what-is-full-from-of-cofeposa/21291293/answers/22182138

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