Strict checks coming in! RBI to tighten rules for overseas remittances by resident Indians; here’s what is being planned – Times of India

Strict checks coming in! RBI to tighten rules for overseas remittances by resident Indians; here’s what is being planned – Times of India

The RBI’s Liberalised Remittance Scheme (LRS) governs foreign investments by individuals. (AI image) The Reserve Bank of India intends to strengthen regulations concerning international money transfers, that is, overseas remittances by Indian residents, with new restrictions on foreign currency deposits that involve lock-in periods.The RBI’s Liberalised Remittance Scheme (LRS) governs foreign investments by individuals, permitting…

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इजरायल-ईरान टेंशन के बीच भारत के लिए आयी अच्छी खबर, चीन-पाकिस्तान को लगेगी मिर्ची

इजरायल-ईरान टेंशन के बीच भारत के लिए आयी अच्छी खबर, चीन-पाकिस्तान को लगेगी मिर्ची

India’s Forex Reserves: देश के मुद्रा भंडार में जबरदस्त बढ़ोतरी हुई है. छह जून 2025 को खत्म हुए सप्ताह के दौरान विदेश मुद्रा भंडार यानी फॉरेक्स रिजर्व में 5.17 बिलियन डॉलर की जबरदस्त उछाल देखने को मिली है और ये 696.65 बिलियन डॉलर तक पहुंच गया है. हालांकि, हफ्ते भर पहले यानी 30 मई को…

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India’s forex reserves rise .992 billion to 2.721 billion in week ended May 23 – Times of India

India’s forex reserves rise $6.992 billion to $692.721 billion in week ended May 23 – Times of India

Forex Reserves (AI image) India’s foreign exchange reserves increased by $6.992 billion, reaching $692.721 billion for the week ended May 23, according to the RBI’s Friday announcement. The overall reserves had previously declined by $4.888 billion to $685.729 billion in the week ended May 16. The reserves had achieved their highest level of $704.885 billion…

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Big jump in gold reserves! Not just India’s RBI, central banks around the world are stocking up on gold – here’s why – Times of India

Big jump in gold reserves! Not just India’s RBI, central banks around the world are stocking up on gold – here’s why – Times of India

Globally, central banks’ collective gold holdings grew from 26,000 tonnes to 32,000 tonnes during the 15-year period ending 2024. (AI image) RBI has been on a gold buying spree, but it’s not alone! Several countries besides India are increasing their gold holdings significantly. Among countries that witnessed the most substantial increase in gold’s proportion of…

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