Tag: Reserve Bank of India
Resilient Indian economy may face West Asia headwinds; El Nino impact likely on agri output: RBI
Mumbai: India’s economy could face headwinds due to higher energy prices and supply chain disruptions, while the likelihood of El Nino conditions could hit agriculture…
India’s forex reserves fall by $7.51 billion to $681.38 billion as of May 22
India’s foreign exchange reserves dropped again by $7.51 billion to stand at $681.38 billion in the week ended May 22, according to data released by…
Rupee being increasingly used for imports and exports: RBI report
Mumbai: Rupee is being increasingly used for import and export invoicing over the years, showed the data compiled by the Reserve Bank of India, which…
RBI’s currency printing cost falls 23.5% in FY26 despite rise in cash circulation
Mumbai: The Reserve Bank of India‘s expenditure on printing currency notes fell 23.5% to Rs 4,875.2 crore in 2025-26 from Rs 6,372.8 crore in the…
Fake Rs 500 notes surge 20% as counterfeits rise across banking system
Mumbai: Counterfeit currency detection in India’s banking system rose 5.7% to 2,29,746 pieces in 2025-26 from 2,17,396 pieces in the previous year, with fake Rs…
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…