According to the police, a person who introduced himself as Stephen called a gold trader Chandrasekhar, of Narsingi and Rafi, who is into foreign currency exchange business over phone and informed that he was to purchase gold and exchange foreign currency.
As per available information, the airport authorities found his movements suspicious and detained him. Further, on checking the luggage, the foreign currency was recovered and seized
Since the Taliban seized power in August 2021, the law and order situation in the country has only deteriorated, with the rise in cases of terrorism and blasts.
New Delhi: India’s external debt rose by 8.2 per cent to stand at $620.7 billion on March 31, 2022, compared to $573.7 billon on March 31, 2021. Out of this, 53.2 per cent of external debt was denominated in US dollars, the Indian rupee denominated debt was estimated at 31.2 per cent and was the […]
Hyderabad: A 19-year-old youngster was arrested by the Madhapur police on charges of burglary, with the police recovering Rs.24 lakh, 14 tolas of gold and 8,134 US dollars from him. The man, Sakali Shiva Kumar, a resident of Kavuri Hills and native of Narayanpet, allegedly broke into the house of a businessman at Kavuri Hills […]
Hyderabad: The Rachakonda Police on Friday arrested a man on charges of cheating people in the guise of investments in US dollars. The arrested was identified as P Vamshidhar Reddy (30), a trader from KPHB 7th Phase. Two suspects, Devaraj Reddy and Mohd Subhan, both from Kukatpally, are absconding. According to the Cybercrime police, the […]
A total of 46 US dollars, 20 Australian dollars and 50 Pakistani rupees were among the currency offered by the devotees, informed the temple EO, B Balaji.
According to the police, the gang visited different cities and searched for people interested in exchanging Indian currency for foreign currency illegally.
The ‘stranger danger’ concept, despite the police repeatedly telling people not to trust strangers on the web, is yet to catch up, if the number of people falling prey to fraudsters on social networking sites like Facebook are any indication.
On the other hand, India's forex reserves continued to rise, indicating, an active Reserve Bank which has kept rupee in a check, to make exports competitive.
