Tag: Central Bank
India’s forex reserves up $6.31 billion to $584.76 billion, at 9-month high
India‘s forex reserves jumped by USD 6.3 billion to USD 584. 755 billion for the week ended April 7, the RBI said on Friday. In…
Liquidity surplus at 9-mth peak on high govt spend, FPI inflows
Liquidity surplus in the banking system, measured by funds that lenders park with the central bank, climbed to its highest level in 9 months on…
Inflation at 16-month low of 5.66%, IIP growth steady
Retail inflation eased to a 16-month low of 5.66% in March from 6.44% in the preceding month following a sharp drop in food inflation, justifying…
Committed to more reforms, says finance minister
The government is committed to undertaking further reforms to build a stronger and more dynamic India, which would open up newer windows of opportunities for…
India’s March retail inflation eases below RBI’s upper tolerance level
India’s annual retail inflation for March eased below the central bank‘s upper tolerance level for the first time this year, as food prices softened. Annual…
India likely to have stable debt-to-GDP ratio going forward, says IMF official
India is expected to have a stable debt-to-GDP ratio going forward, a senior official from the International Monetary Fund said on Wednesday and recommended rationalization…
rbi: RBI to extend rate pause through year-end, likely done hiking, according to economists’ poll
The Reserve Bank of India will likely keep interest rates unchanged at least until the end of this fiscal year as it evaluates the delayed…
imf: “Very strong economy…,” IMF division chief Daniel Leigh on India’s growth trajectory
International Monetary Fund division chief Daniel Leigh on Tuesday reposed faith in the Indian economy and said that it is a “very strong economy.” He…
monsoon: Normal monsoon forecast eases crop and growth concerns for India
India, which relies on rain for the vast share of its water, forecast that the monsoon will be normal this year, potentially bolstering the outlook…
Foreign Exchange Reserves: India’s forex reserves snap 2-week rise, down $380 million
India‘s foreign exchange reserves retreated from more than eight-month highs to $578.45 billion as of the week ended March 31, the Reserve Bank of India’s…