Tag: India Economy
RBI’s FCNR(B) scheme attracts $41 billion, Jefferies says inflows may double to $80-100 billion
New Delhi: The Reserve Bank of India‘s (RBI) Foreign Currency Non-Resident Bank (FCNR-B) deposit scheme has attracted stronger-than-expected inflows, with around USD 41 billion mobilised…
India’s forex reserves rise by $6.1 billion to $682.35 billion as of July 24
India’s foreign exchange reserves increased by $6.1 billion to $682.35 billion in the week ended July 24, according to data released by the Reserve Bank…
India’s industrial output quickens to 7.3% in June from 5.1% in May as manufacturing, electricity growth accelerates
India’s industrial output accelerated to 7.3% year-on-year in June 2026, up from a revised growth of 5.1% in May, driven by a sharp expansion in…
Macros strong, but weak rains, war can hit growth: RBI Guv Sanjay Malhotra
MUMBAI: Reserve Bank of India (RBI) Governor Sanjay Malhotra said risks from the West Asia conflict and the likelihood of a weak monsoon could weigh…
Forex reserves rise $7.3 billion as FCNR & ECB flows pick up
MUMBAI: India’s foreign exchange reserves appear to be showing early signs that targeted central bank measures to attract overseas capital might be gaining some traction,…
Hormuz & Iran war can slow India down but not hold it back
The IMF’s latest assessment of the global economy paints a picture of rising uncertainty. The war involving Iran continues to threaten energy supplies, oil prices…
India’s economic plot twist comes with one villain stepping aside, another waiting
Indians and many experts spent much of the last few months worrying that an oil shock would become the country’s next economic headache. However, it…
In Graphics: How GST cuts triggered a rally for Indian businesses
The rationalisation in the goods and services tax rates last September delivered a larger-than-expected expansion in the tax base, with higher taxable supplies more than…
Easing oil prices, supply chains to soften external pressures on India: Finance ministry
New Delhi: The finance ministry said Tuesday easing oil prices and improving global supply chain conditions may help soften some external pressures on the Indian…
India’s forex reserves up by $963 million to $672.58 billion as of June 19
India’s foreign exchange reserves increased by $963 million to $671.63 billion in the week ended June 19, 2026, according to data released by the Reserve…