Urgent.News

What's breaking now, across thousands of outlets.

Finance & Markets

I-T uncovers Rs 1.29 lakh cr overseas remittances trail; money sent to China, UAE & more

The probe comes as the rupee remains under significant pressure. The Reserve Bank of India has been regularly selling dollars in the foreign exchange market to contain volatility and prevent sharp, disorderly movements in the currency.

I-T uncovers Rs 1.29 lakh cr overseas remittances trail; money sent to China, UAE & more

We haven't written up this one. Times of India has the full story — the link below goes straight to it.

Read the original at timesofindia.indiatimes.com →

More in Finance & Markets

Copper holds above $14,000 as weak dollar offsets rise in LME inventory

SINGAPORE: Copper edged down on Thursday , but held above the psychological $14,000-a-metric ton level, as higher inventories on the London Metal Exchange (LME) relieved supply concerns and offset support from sharp falls in the dollar. Benchmark three-month copper on the LME was down 0.04% at $14,043.5 a ton by 0300 GMT.

More from Thursday 20 August →