Tag: Reserve Bank of India
India’s forex reserves drop $10.3 billion to $688 billion amid currency stabilisation efforts
Kolkata: India’s foreign exchange reserve has depleted by another $10.288 billion in the week to March 27 as the Reserve Bank of India is said…
Forex reserves drop by $10.29 billion to $688.06 billion as of March 27
Mumbai, India’s forex reserves dropped by USD 10.288 billion to USD 688.058 billion during the week ended March 27, the Reserve Bank of India (RBI)…
Iran war can cut India GDP growth rate by 100 bps in FY27, EY says| Business News
The month-long Iran war, which is showing no signs of abating, can shave India’s GDP growth rate by a full percentage in FY27, according to…
India forces banks to unwind rupee bets, squeezing short sellers| Business News
India has moved to curb speculative bets against the rupee, taking one of its most forceful steps in over a decade as the cost of…
RBI tightens norms on net open positions to curb rupee’s slide
Kolkata\Mumbai: The Reserve Bank of India has capped banks’ net open positions in the rupee at $100 million at the end of each business day,…
Reserve Bank of India to hold interest rates until at least mid-2027: Reuters poll
The Reserve Bank of India will hold its key interest rate unchanged at 5.25% on April 8 and at least until mid-2027, a Reuters poll…
Rupee slide may fuel imported inflation risks, say experts
New Delhi: A slide in the rupee could stoke fresh concerns around imported inflation, economists warn, as elevated oil and commodity prices and increased logistics…
India retains inflation target at 4% for next five years
New Delhi: India has kept its retail inflation target for the central bank unchanged at 4% ( plus or minus 2 percentage points), opting for…
India retains headline inflation target at 4% following review
NEW DELHI, – India’s federal government on Wednesday retained the target for retail inflation at 4%, within a comfort band of 2%-6%, according to an…
S&P Global Ratings raises India’s FY27 growth forecast to 7.1%
S&P Global Ratings on Wednesday raised India’s FY27 growth forecast to 7.1%, driven by strong private consumption, modest recovery in private investment and robust export…