Tag: Reserve Bank of India
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…
RBI expects healthy foreign capital inflows, better balance of payments after easing measures
Mumbai: The Reserve Bank of India (RBI) expects healthy foreign capital inflows and a stronger balance of payments (BoP) this year following a series of…
RBI policy press conference: Here’s everything that came up for discussion
Mumbai: Friday’s monetary policy press conference by Reserve Bank of India (RBI) Governor Sanjay Malhotra touched every possible gamut of the world’s fastest-expanding major economy,…
India likely to outpace RBI growth forecasts, says World Bank’s Neelkanth Mishra
New Delhi: India is likely to grow at a faster pace than projected by the Reserve Bank of India (RBI), according to Neelkanth Mishra, India’s…