Tag: Reserve Bank of India
RBI to hold rates in June; majority now expect hike by year-end: Poll
The Reserve Bank of India will keep its key interest rate unchanged at 5.25% in June, according to most economists in a Reuters poll, although…
RBI warns prolonged West Asia conflict could hit India’s economy
Mumbai: A prolonged West Asia conflict remains the key downside risk to India’s economic outlook even as the Reserve Bank of India (RBI) projected real…
Reserve Bank’s FY26 income gets Rs 1.69 lakh crore forex boost
MUMBAI: The Indian central bank’s gains from foreign exchange transactions rose 52% to Rs 1.69 lakh crore ($17.70 billion) in the fiscal year ending March,…
Raghuram Rajan warns AI frenzy may be ignoring major risks
Former Reserve Bank of India governor Raghuram Rajan has warned that the global frenzy around artificial intelligence may be overlooking major economic and political risks,…
RBI, rating firms assess Iran war risks on Indian companies
The Reserve Bank of India has held discussions with local credit-rating companies to gauge potential stress among borrowers caused by the US-Iran war, according to…
RBI ready to do ‘whatever is required’ to curb rupee volatility: Sanjay Malhotra
The Reserve Bank of India (RBI) will do “whatever is required” to ensure orderly movements in the foreign exchange market and curb undue speculation, Governor…
Govt does not interfere in exchange rates: Piyush Goyal
New Delhi: Commerce and Industry Minister Piyush Goyal on Saturday said the government does not interfere in exchange rates as these are determined by market…
RBI MPC: Bank economists back a rate hike in H2 of FY27
Mumbai: Bank economists have conveyed to the Reserve Bank of India (RBI) that interest rate hikes would be necessary in the second half of the…
Oil spike, global debt, market stress: RBI flags mounting external shocks but lays out 5 areas where India remains resilient
The Reserve Bank of India (RBI) has flagged rising risks to the global economy from oil price shocks, elevated public debt and financial market stress,…
India’s forex reserves fall by $8.09 bn to $688.89 bn as of May 15
India’s foreign exchange reserves fell by $8.09 billion to $688.89 billion in the week ended May 15, according to data released by the Reserve Bank…