RBI books ₹1.69 lakh crore forex gains amid record dollar sales
The Reserve Bank of India earned ₹1.69 lakh crore from foreign exchange transactions in FY26, up 52% from the previous year, as it sold a…
Energy prices, current account deficit, balance of payments big priorities right now: CEA
Mumbai: Chief economic advisor V Anantha Nageswaran on Friday said managing Macroeconomic fundamentals like the balance of payments and current account deficit has assumed a…
RBI to explore CBDC pilot in cross-border transactions
Mumbai: The Reserve Bank will explore the use of CBDC in cross-border transactions besides expanding the digital rupee to more direct benefit transfer schemes and…
Notification on blending isobutanol with diesel this year: Road secretary V Umashankar
India is likely to bring a mandate on blending isobutanol with diesel as early as this year as part of a slew of measures to…
India’s forex reserves fall by $7.51 billion to $681.38 billion as of May 22
India’s foreign exchange reserves dropped again by $7.51 billion to stand at $681.38 billion in the week ended May 22, according to data released by…
Rupee being increasingly used for imports and exports: RBI report
Mumbai: Rupee is being increasingly used for import and export invoicing over the years, showed the data compiled by the Reserve Bank of India, which…
India’s $360 billion infra investments slash logistics cost to 10-10.7% in FY26: CII-Knight Frank
New Delhi: India’s cumulative investments of nearly USD 360 billion in infrastructure development over the last decade has significantly slashed India’s logistics cost to 10-10.7…
Sensex crashes 1,000 points, Nifty slumps 359 amid sharp sell-off after 3 pm
Indian benchmark indices witnessed a dramatic sell-off in the final hour of trade on Friday, with the BSE Sensex plunging 1,092.06 points to settle at…
India-Oman CEPA to strengthen energy security, trade resilience and export growth: Report
New Delhi: The India-Oman Comprehensive Economic Partnership Agreement (CEPA), set to come into force from June 1, 2026, is expected to significantly strengthen bilateral trade,…
RBI’s currency printing cost falls 23.5% in FY26 despite rise in cash circulation
Mumbai: The Reserve Bank of India‘s expenditure on printing currency notes fell 23.5% to Rs 4,875.2 crore in 2025-26 from Rs 6,372.8 crore in the…