Tag: Reserve Bank of India
India, UAE step up efforts to expand re-dirham trade
More than 15% of the India-UAE trade has been invoiced in local currencies since the formalisation of the rupee-dirham mechanism nearly three years ago, India’s…
Remittances, services surplus lift India to $4.7 billion current account surplus in April
Kolkata: India reported a $4.7 billion current account surplus in April riding on higher inward remittance flows, Reserve Bank of India (RBI) data showed. This…
India posts $4.7 bn current account surplus in April; FPI outflows hit $8.7 bn
India recorded a current account surplus of $4.7 billion in April 2026, compared with a deficit of $4.8 billion a year earlier, even as net…
Inflation in June quarter likely to undershoot RBI forecast, rate hike probability drops ahead of monsoon risks
New Delhi: India’s inflation trajectory is giving the Reserve Bank of India more room to hold rates through Q1FY27, but food and fuel risks could…
India’s forex reserves drop $711 million to $681.610 billion, RBI data shows
India’s forex reserves dropped $711 million to $681.610 billion during the week ending June 5 due to a sharp decline in foreign currency reserves, according…
RBI permits banks to lend only to SEBI-Registered REITs & InvITs; 80% cash-generating assets mandatory
New Delhi: The Reserve Bank of India has mandated that all loans to REITs and InvITs must be fully secured and repaid in line with…
RBI measures likely to attract USD 55-65 billion inflows in FY27: SBI report
New Delhi: The Reserve Bank’s recent measures are likely to help India attract USD 55-65 billion in inflows in the current fiscal, stabilise the rupee,…
Indian economy, government finances, see mounting costs from Iran war
A few months ago, India’s economy was humming along nicely. Inflation was benign and growth was steady – the strongest among the world’s leading economies….
India’s current account surplus at $7.1 bn in Q4 FY26, aided by robust services exports and remittances
India recorded a current account surplus of $7.1 billion, or 0.7% of GDP, in the January-March quarter of FY26, supported by strong growth in services…
RBI seen joining Asia’s rate-hike push as inflation risks rise
The Reserve Bank of India will likely tighten monetary policy in coming months, bringing it in line with regional peers that have turned more hawkish…