Recent Posts
India’s forex reserves rise $938 million to $682 billion despite RBI’s $5 billion swap
Mumbai: India’s foreign exchange reserves rose by a modest $938 million to $682 billion in the week ended May 29, despite a $5 billion dollar-rupee…
FAR expansion, tax relief may boost foreign bond inflows, but risks remain
Mumbai: The inclusion of additional government securities under the Fully Accessible Route (FAR) and tax exemptions from the government are expected to improve the attractiveness…
PSUs to get concessional forex swaps to boost external borrowings
Mumbai: Reserve Bank of India (RBI) will unveil a concessional foreign exchange swap facility valid until September 30 to incentivise external commercial borrowings (ECBs) by…
IT secretary signals stricter govt controls for AI, biometric devices
New Delhi: India will need to expand strategic autonomy and control over hardware connected to artificial intelligence (AI) and biometric authentication systems, electronics and information…
For a few dollars more: Inflation bypass can hurt
It is a bit of a puzzle for a Monetary Policy Committee with an inflation-targeting mandate to unanimously vote for keeping policy rates and stance…
RBI deputy governor Swaminathan J gets two-year extension
Kolkata: The union government has extended Reserve Bank of India deputy governor Swaminathan Janakiraman‘s term for another two years with effect from June 26, 2026,…
FY26 growth higher than anticipated, shows India’s resilience: MoSPI Secretary
New Delhi [India], June 5 (ANI): India’s GDP growth of 7.7 per cent in FY2025-26 came in higher than anticipated in the Second Advance Estimates…
India’s economy faces threats that currency band-aid can’t fix
India’s government and central bank took coordinated steps on Friday to spur foreign inflows, providing an immediate boost to the beleaguered currency. The challenge for…
SpaceX denied fast track to S&P 500 after IPO
SpaceX has been denied a fast track into the S&P 500 when the rocket and satellite company goes public, in a ruling that cuts off…
RBI says 4% inflation target not in abeyance; future rate action tied to price persistence
Mumbai: The Reserve Bank of India (RBI) Governor Sanjay Malhotra on Friday said its 4 per cent medium-term inflation target is sacrosanct and has not…