Tag: Reserve Bank of India
India’s forex reserves fall $7.05 billion to $709.76 billion as of March 13
India’s foreign exchange reserves declined sharply by $7.05 billion to $709.76 billion for the week ending March 13, according to data released by the Reserve…
RBI working to provide avenues to Russian trade counterparts for INR use
Mumbai: The Reserve Bank of India (RBI) is working on providing more avenues for the usage of Indian rupee (INR) accumulated by the Russian trade…
RBI says no material concerns on record about HDFC Bank after top-level churn| Business News
There are no material concerns on record about HDFC Bank Ltd., the Reserve Bank of India said after the sudden resignation of part-time chairman Atanu…
RBI’s defence of rupee vs dollar is weighing on India’s forex reserves| Business News
The Reserve Bank of India’s recent defence of the rupee vs dollar is weighing on the nation’s foreign exchange reserves, prompting calls from some analysts…
Rupee slumps to record low even as Goldman Sachs warns of 95/dollar levels| Business News
Goldman Sachs Group Inc. has warned that the Indian Rupee (INR) could tumble to 95 against the US Dollar (USD), even as the local currency…
Iran war impact to show on India GDP, inflation in risk to ‘Goldilocks’ economy| Business News
Surging crude oil prices and acute LPG shortage are rippling through the Indian economy as the Iran war drags on, disrupting industries and prompting analysts…
What’s key to India’s forex defence? Patra suggests it’s $1 trillion buffer
India needs a foreign exchange reserve buffer of at least $1 trillion to ensure it has enough firepower to intervene in currency markets, according to…
RBI’s likely to raise liquidity to keep ‘short’ rates in check
Mumbai: India’s central bank is likely to boost liquidity ahead of the fiscal year end, economists said, as it seeks to restrain short-term rates from…
India’s growth outlook resilient despite global challenges, supported by favourable rates: HSBC
New Delhi: India’s economic growth remains resilient despite global macro-economic challenges, supported by favourable interest rate and liquidity conditions, according to a report by HSBC…
Fitch raises India FY26 GDP growth forecast to 7.5% on strong domestic demand
New Delhi: Fitch Ratings on Friday raised India’s economic growth forecast for FY26 to 7.5% year-on-year from 7.4% projected in December, citing strong domestic demand…