Tag: Reserve Bank of India
RBI’s reform package could pull $40-75b inflows, push rupee to 92-93 and keep August rate on hold
New Delhi: The Reserve Bank of India‘s announcements after the monetary policy committee meeting are some measures aimed at flipping the rupee narrative from depreciation…
More economic safeguards on the cards as West Asia conflict persists: Report
The government is preparing additional policy interventions to insulate the Indian economy from the fallout of the West Asia conflict, with officials indicating that fresh…
Central bank turns piper to draw in foreign capital; leaves repo rate at 5.25, keeps stance neutral
Mumbai: The Reserve Bank of India (RBI) Friday announced a host of measures to attract foreign currency inflows, aimed at strengthening external buffers, even as…
India’s forex reserves rise $938 million to $682 billion despite RBI’s $5 billion swap
Mumbai: India’s foreign exchange reserves rose by a modest $938 million to $682 billion in the week ended May 29, despite a $5 billion dollar-rupee…
FAR expansion, tax relief may boost foreign bond inflows, but risks remain
Mumbai: The inclusion of additional government securities under the Fully Accessible Route (FAR) and tax exemptions from the government are expected to improve the attractiveness…
PSUs to get concessional forex swaps to boost external borrowings
Mumbai: Reserve Bank of India (RBI) will unveil a concessional foreign exchange swap facility valid until September 30 to incentivise external commercial borrowings (ECBs) by…
RBI deputy governor Swaminathan J gets two-year extension
Kolkata: The union government has extended Reserve Bank of India deputy governor Swaminathan Janakiraman‘s term for another two years with effect from June 26, 2026,…
India’s economy faces threats that currency band-aid can’t fix
India’s government and central bank took coordinated steps on Friday to spur foreign inflows, providing an immediate boost to the beleaguered currency. The challenge for…
Govt committed to further drive ‘Reform Express’, ensure economic momentum: FM Sitharaman
New Delhi, Finance Minister Nirmala Sitharaman on Friday said the government is committed to further drive the ‘Reform Express‘ with decisive policy measures to ensure…
India can return to 7% GDP growth path in FY28 with macro stability, supply measures: CEA Nageswaran
India could return to a growth rate above 7% by FY28 if macroeconomic stability is maintained and supply-side measures continue, Chief Economic Adviser V Anantha…