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Vijay Mallya fined over Forex used for advertising in 1995 Formula One

Jul 13, 2015

Vijay Mallya fined over Forex used for advertising in 1995 Formula One

The payments for promoting Mallya's Kingfisher brand were made without the required approval from the RBI #Motorsport #Vijay Mallya #Kingfisher #formula one 1995 #foreign exchange regulation act #vijay mallya forex case
Weak banks to shallow markets: Full rupee convertibility may be premature for India now

May 19, 2015

Weak banks to shallow markets: Full rupee convertibility may be premature for India now

India needs to step forward to make full float of the rupee happen in order to strengthen its image as an emerging global power #RBI #IMF #Raghuram Rajan #Capital Controls #full rupee convertibility #forex flows #AV Rajwade
Global integration: RBI official says there is no escape from full rupee convertibility

May 19, 2015

Global integration: RBI official says there is no escape from full rupee convertibility

The Indian currency is convertible only on current account, though some capital account transactions are also permitted #RBI #Forex #Capital control #Rupee convertibility
Kolkata Knight Riders shares undervalued? Shah Rukh Khan summoned by ED over forex violation

May 13, 2015

Kolkata Knight Riders shares undervalued? Shah Rukh Khan summoned by ED over forex violation

KKR owner Shah Rukh Khan has been issued a summons as a result and he will need to appear before the end of the month. #IPL #Sports #Kolkata Knight Riders #Shah Rukh Khan #Forex #ED
Dj vu UPA days? Rupee crosses 20-month low of 64 vs dollar; further fall seen

May 08, 2015

Dj vu UPA days? Rupee crosses 20-month low of 64 vs dollar; further fall seen

Traders are now waiting to see if the Reserve Bank of India steps in to prevent a further sharp fall in the currency #Sensex #Dollar #nifty #Narendra Modi #Rupee #Forex
Did Naveen Jindal break forex laws? ED probing his bank accounts in Singapore

Apr 14, 2015

Did Naveen Jindal break forex laws? ED probing his bank accounts in Singapore

A Jindal Steel and Power Ltd (JSPL) spokesperson denied any contravention or wrongdoing on the part of the Jindals in the case #FEMA #Naveen Jindal #Jindal Steel and Power #ED probe #forex law
RBI governor Rajan sees full rupee convertibility coming in a few years

Apr 11, 2015

RBI governor Rajan sees full rupee convertibility coming in a few years

Rajan's comment assumes importance it coincides with Finance Minister Arun Jaitley launching the country's first international finance centre in Gujarat #RBI #Rupee #Raghuram Rajan #Forex #capital account convertability