Tag: Reserve Bank of India
India’s digital currency push targets its leaky welfare system
PHULENAGAR/MUMBAI: In the western Indian village of Phulenagar, Samadhan Sonawane set up a drip irrigation system on his small onion farm using digital currency issued…
RBI measures on currency temporary to curb volatility, says deputy governor Sankar
Mumbai: Reserve Bank of India‘s (RBI) measures restricting banks’ net open positions is a temporary one to prevent volatility in the rupee, deputy governor T…
Hormuz crisis casts long shadow on India growth, inflation risks rise: RBI MPC minutes
The Monetary Policy Committee (MPC) minutes released by the Reserve Bank of India on Wednesday said the West Asia conflict and resulting disruptions in the…
Short-term fluctuations, including FDI outflows closely monitored: RBI’s Sanjay Malhotra
New York: Short-term fluctuations, including net FDI outflows and exchange rate movements, are cyclical in nature and are being closely monitored, RBI Governor Sanjay Malhotra…
India faces inflation spillover risks from Middle East conflict: RBI
India’s central bank has flagged the risk of inflation becoming more entrenched as geopolitical tensions in the Middle East continue to disrupt global supply chains…
RBI plans to remain nimble to prevent persistent supply shock amid West Asia crisis
Kolkata: Reserve Bank of India governor Sanjay Malhotra said the central bank will stay agile in policymaking to ensure that the supply shocks triggered by…
Multiple states to borrow Rs 16,900 crore through RBI SGS auction on April 21
New Delhi:The Reserve Bank of India (RBI) has announced that multiple state governments will raise a total of Rs 16,900 crore through the revised auction…
RBI’s oil forex window set to fuel rupee recovery
Mumbai: The Reserve Bank of India has opened an exclusive foreign exchange window for supplying dollars to state-run refiners, easing pressure on the spot exchange…
India’s forex reserves up $3.83 billion to reclaim $700 bln mark
India’s foreign exchange reserves rose by $3.83 billion in the week ending April 10 to stand at $700.946 million, according to data released by the…
India’s economy slipping to 6th rank, IMF data shows, prospects bright
India has slipped to the sixth position among the world’s largest economies in 2025, according to latest estimates released by the International Monetary Fund. The…