Imagine landing in India, ready to admire the Taj Mahal, shop in the local markets of Mumbai, take in the stunning views of Manali’s snow-capped mountains or enjoy a peaceful houseboat cruise in the backwaters of Kerala – all without fumbling for cash or worrying if your forex cards will be accepted for payments. Thanks to UPI One World, foreign …
Enforcement Directorate has issued a show cause notice to Transcorp International Limited, its director Ashok Kumar Agarwal and managing director Gopal Krishan Sharma for contravention of provisions of Foreign Exchange Management Act to the tune of Rs 7,272 crore. “It was also an authorised person and Indian agent under the Money Transfer Service Scheme License by RBI and was a …
