INDIA'S FOREX RESERVES RISE TO USD 589.465 BILLION

HIGHLIGHTS

• India's Forex Reserves have risen to US $ 589.465 billion.
• FCA of India have also increased.
• In the same period, the Gold Reserves of India also increased.

India's foreign exchange (Forex) reserves have ...

INDIAN CABINET CLEARS INDIA-QATAR ACCOUNTING DEAL

HIGHLIGHTS

• The Union Cabinet has cleared India – Qatar deal on accounting profession.
• The new deal is expected to enhance cooperation between ICAI and QFCA with regards to strengthening the accounting profession and the entrepreneurship base in ...

NEW JEEP AND CITROEN VEHICLES IN INDIA SOON

HIGHLIGHTS

• FCA and Groupe PSA are collaborating to develop new jeep and sell it in India.
• New SUVs and cars from Citroen are coming to in India.

Fiat Chrysler Automobile (FCA) and Groupe PSA are collaborating to form a new company ca...

SINGAPORE BASE CRYPTO EXCHANGE TO STOP SERVICES FOR UK RESIDENTS AND CITIZENS

Highlight:

•             Bybit will adhere to the ban by FCA

•             UK users will not be served by the exchange

The Financial Cond...

FCA: INVESTORS IN CRYPTOCURRENCIES MAY LOSE ALL

Highlights:

• Financial authorities uneasy about investors investing in cryptocurrencies
• Cryptocurrency market prices are highly volatile and insecure

With more investors joining the fray of investing in the digital currency market, financial regulator...

FCA ENCOURAGES REMOTE WORKING

Highlights:

• Fiat Chrysler Automobile (FCA) encouraged its employees to work remotely.
• This initiative was taken as a preventive measure of the spreading of coronavirus.
• Initially, staffers of Italy and China were working remotely however, w...

The good surge in forex reserve

India’s forex reserves have never been a major concern so they were stable not in loss not in profits. But in the past few months, they have surged and spiked a few times.

The country's foreign exchange reserves saw a huge surge by $4.24 billion to touch a record high of $437....