"Resident Indians cannot trade in forex market:RBI” plus 1 more

Posted by Youtube offer Monday, February 21, 2011 View Comments

"Resident Indians cannot trade in forex market:RBI” plus 1 more

Resident Indians cannot trade in forex market:RBI

Posted: 21 Feb 2011 10:22 AM PST


RBI Advisory on Overseas Forex Trading through Electronic / Internet Trading PortalsThe Reserve Bank today said resident Indians cannot trade in forex market as per the existing regulation.The existing regulations under Foreign Exchange Management Act (FEMA), 1999, do not permit residents to trade in foreign exchange in domestic or overseas markets, RBI said in a statement. The clarification of...

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Review of the Economy 2010/11 H I G H L I G H T S

Posted: 21 Feb 2011 09:32 AM PST


The Chairman, Economic Advisory Council to Prime Minister, Dr.C.Rangarajan released the Review of the Economy 2010-11 in New Delhi today. Following are the highlights of the Report: · Economy expected to grow at 8.6 per cent in 2010-11 and 9.0 % in 2011-12 o Agriculture expected to grow at 5.4% in 2010-11 and 3.0% in 2011-12. o Industry expected to grow at...

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