Authorised banks and standalone primary dealers access the foreign exchange market for market making, balance sheet management and hedging of risks. Photograph: Francis Mascarenhas/Reuters Key Points An authorised dealer ...
Sidhartha Shukla / Bloomberg: Despite stablecoins reaching $5T in transaction volumes in 2025, their promise of cheaper cross-border payments is hampered by persistent foreign exchange costs — Even as ...
Young Indian on Monday argued that the income tax department had called the purported Rs 90 crore loan to Associated Journals Limited (AJL), publisher of the National Herald newspaper, ...
The National Stock Exchange (NSE) on Wednesday created a world record with processing 1,971 crore transactions in a single day, its MD and CEO Ashishkumar Chauhan said. Photograph: Danish ...
The authorities on Friday proposed climbing the securities transaction tax on Futures & Options (F&O) contracts, a transfer that may enhance the buying and selling prices within the derivatives ...
Axis Bank has enabled cross-border transactions in real-time via the UPI Network following the transfer by India and Singapore to hyperlink their fast fee techniques, Unified Payments Interface (UPI) ...