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Foreign Exchange Department

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DRI slaps FEMA on Pakistani singer Rahat, manager

The Directorate of Revenue Intelligence on Saturday slapped the charges of Foreign Exchange Management Act and Customs Act violation against Pakistani Sufi Singer Rahat Fateh Ali Khan and his......

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......

'Obama won't promise Modi $100 billion'

'India is going to maintain its ties to China, India is going to develop a strong relationship with the United States. It means that India is going to have the flexibility to pick and choose its......

Security issues to be discussed during Modi's US visit

The United States on Tuesday said it shares a very broad relationship with India and key issues of security, economy and energy among others would be discussed during Prime Minister Narendra Modi's......

Modi leads India to the Silk Road

With Beijing having had a profound rethink on India's admission as a full member of the Shanghai Cooperation Organisation, the tectonic plates of the geopolitics of a massive swathe of the planet......

Sebi move on FPI regime grounded

The Securities and Exchange Board of India’s move to harmonise various modes of foreign investments into Indian markets has hit a finance ministry road block. At its board meeting in October,......

Jet-Etihad deal: Finmin raises questions on effective control

After Securities and Exchange Board of India, the Foreign Investment Promotion Board has sought more clarity on the Rs 2,058 crore (Rs 20.58 billion) Jet-Etihad deal about effective control and......

RBI reverses forex relaxation for SEZs

Clamping down  on the delays in repatriating foreign exchange earnings,  the Reserve Bank of India (RBI) has tightened norms for special economic zones (SEZs), asking them to realise and......

'Steps to check gold import showing results'

The government said on Tuesday the recent steps to curb gold import is showing results as demand for foreign exchange to buy gold has come down significantly. "In last 5 -7 days, the large foreign......

FDI from Pak: RBI to issue notification by month-end

The Department of Industrial Policy and Promotion (DIPP) has finally sanctioned the proposal of allowing foreign direct investment (FDI) from Pakistan. But the final notification will be issued by......

BCCI blames Modi for FEMA violations in IPL

Under fire over allegations of foreign exchange violations in IPL, BCCI's top officials o Wednesday blamed sacked Commissioner Lalit Modi for "mistakes" as they told a Parliamentary panel that they......

ED to probe IPL's foreign deals

Even as the Income Tax department is probing the financial dealings of the money-spinning Indian Premier League, the Enforcement Directorate (ED)will look into the alleged murky international deals......

  People speak for foreign exchange department

  • QNA
Prasoon Prasoon
Q. Does Reliance as a company provide any value to India ? It buys all technologies from foreign players, sells it in Indian market reaping huge profits. Ambanis are so much averse to R&D that none of their centers have any learning department or library .
Prasoon Prasoon:  A.  more

http://qna.rediff.com/questions-and-answers/does-reliance-as-a-company-provide-any-value-to-india--it-bu/27504165/answers/

Prasoon Prasoon
Q. Who actually prepares the data for exchange of money e.g from Rs to dollar or currency of any country
Prasoon Prasoon:  A. RBI and the Foreign Exchange departments of the banks more

http://qna.rediff.com/questions-and-answers/who-actually-prepares-the-data-for-exchange-of-money-e.g-fro/27504165/answers/19036418

Rakesh Kumar
Q. I RECEIVED A MAIL FROM YOUR FOREIGN EXCHANGE DEPARTMENT ABOUT FEW AMOUNT TRANSFER TO MY ACCOUNT WHICH THEY RECEIVED FROM FOREIGN COUNTRY. IS IT TRUE OR FALSE. MY NAME IS KRUPA SINDHU MISHRA,INDORE(M.P.)
Rakesh Kumar:  A. no beware of the SCAM Just ignore more

http://qna.rediff.com/questions-and-answers/i-received-a-mail-from-your-foreign-exchange-department-abou/19036390/answers/18182339

KRUPA MISHRA
Q. watz meaning of deemed export ?
KRUPA MISHRA:  A. Deemed Exports refers to those transactions in which the goods supplied do not leave the country and the payment for such supplies is received...... more

http://qna.rediff.com/questions-and-answers/watz-meaning-of-deemed-export-/18182322/answers/16696849

  Web results for Foreign Exchange Department
Assembly Biosciences Announces $15.75 Million Registered Direct Offering

Custom Search Assembly Biosciences Announces $15.75 Million Registered Direct Offering GlobeNewswire 2014-10-01 NEW YORK, Oct. 1, 2014... ...

http://www.bizwireexpress.com/showstoryGNW.php?storyid=44549
Implant Sciences Responds to Levi & Korsinsky, LLP Press Release/Solicitation

WILMINGTON, Mass., Oct. 1, 2014 /PRNewswire/ -- In response to a press release/general solicitation by the class action law firm, Levi & Korsinsky,... ...

http://www.itnewsonline.com/prnewswire/Implant-Sciences-Responds-to-Levi-&-Korsinsky-LLP-Press-Release/Solicitation/345014
Should NATGRID, the center of integrated intelligence information, be so secretive?

NATGRID, born after 26/11 terror attack to centralise databases of several intelligence agencies, is out of the ambit of the RTI Act. Now that it... ...

http://moneylife.in/article/should-natgrid-the-er-of-integrated-intelligence-information-be-so-secretive/38999.html
Sensex slides in lacklustre trade

Key benchmark indices provisionally settled lower after hovering in red for the most part of the trading session on weak global cues. The market... ...

http://www.business-standard.com/article/news-cm/sensex-slides-in-lacklustre-trade-114100100808_1.html
Key indices continue to languish in red

A range bound movement was witnessed as key benchmark indices languished in negative zone in mid-afternoon trade. The losses were small. The market... ...

http://www.business-standard.com/article/news-cm/key-indices-continue-to-languish-in-red-114100100631_1.html

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