Indian rupee weakens but losses seen capped as traders avoid testing RBI MUMBAI: The Indian rupee weakened on Wednesday tracking Asian peers. However, its losses were contained on concerns... Published 04 Oct, 2023 11:39am
World India central bank says 96% of 2,000-rupee notes returned, extends deadline by a week MUMBAI: The Reserve Bank of India (RBI) said on Saturday it would extend its deadline to return the country's... Published 30 Sep, 2023 05:57pm
Business & Finance India’s forex reserves fall to 4-month low MUMBAI: India’s foreign exchange reserves fell for a third straight week and were at a four-month low of $590.70... Published 29 Sep, 2023 05:42pm
Business & Finance India central bank says stabilising core inflation shows easing price pressures MUMBAI: The Indian central bank sees stabilising core inflation, which excludes food and fuel prices, as a sign of... Published 18 Sep, 2023 05:37pm
Markets India’s forex reserves fall to 11-week low MUMBAI: India’s foreign exchange reserves fell to an 11-week low of $593.90 billion as of Sept. 8, the Reserve Bank... Published 15 Sep, 2023 06:38pm
Business & Finance India’s forex reserves snap 2-week fall MUMBAI: India’s foreign exchange reserves halted a two-week losing streak and rose to $598.90 billion as of Sep. 1,... Published 08 Sep, 2023 05:32pm
Markets India’s central bank says 93% of 2,000-rupee notes returned since May MUMBAI: The Reserve Bank of India (RBI) on Friday said 93% of the country’s highest denomination 2,000-rupee... Published 01 Sep, 2023 05:36pm
World India considers raising retirement age for state-owned bank bosses NEW DELHI: India is considering raising the retirement age for chairmen and managing directors of state-owned banks,... Published 26 Aug, 2023 08:45pm
Business & Finance India’s forex reserves post steepest weekly decline in over 6 months, now at $594.89bn MUMBAI: India’s foreign exchange reserves declined to a near two-month low of $594.89 billion as of Aug. 18 and... Published 25 Aug, 2023 05:31pm
Business & Finance India’s foreign exchange reserves snap three-week fall MUMBAI: India’s foreign exchange reserves snapped a three-week losing streak and stood at $602.16 billion as of Aug.... Published 18 Aug, 2023 05:53pm
Business & Finance India’s foreign exchange reserves fall for third week MUMBAI: India’s foreign exchange reserves fell for a third straight week and stood at $601.5 billion as of Aug. 4,... Published 11 Aug, 2023 07:23pm
Markets Rising US yields pull Indian peers higher; debt sale major trigger MUMBAI: Indian government bond yields climbed in the early session on Friday, as US yields resumed their rising... Published 11 Aug, 2023 10:19am
Opinion An indictment of our politicians India’s foreign exchange reserves had risen for a third straight week to total $609.02 billion as of July 14, the... Published 27 Jul, 2023 06:26am
Business & Finance India’s forex reserves top $600bn, rise to near 15-month high MUMBAI: India’s foreign exchange reserves rose for a third straight week and stood at $609.02 billion as of July 14,... Published 21 Jul, 2023 05:37pm
Business & Finance India’s forex reserves rise to near two-month high MUMBAI: India’s foreign exchange reserves rose for a second straight week and stood at $596.28 billion as of July 7,... Published 14 Jul, 2023 06:46pm
World India May services exports rise 7.7% to $27.06bn: RBI BENGALURU: India’s services exports in May climbed 7.7% on year to $27.06 billion, while imports rose 2% to $15.5... Published 03 Jul, 2023 05:52pm
Business & Finance India’s forex reserves drop to one-month low of $593.2bn in week to June 23 MUMBAI: India’s foreign exchange reserves dropped to a one-month low of $593.2 billion in the week to June 23, data... Updated 01 Jul, 2023 08:57am
Business & Finance Indian central bank members diverge on further rate hikes as growth risks emerge MUMBAI: India’s six-member monetary policy committee (MPC) members appeared increasingly divergent in their views on... Published 22 Jun, 2023 07:15pm
Markets Indian shares set to open higher on hopes of Fed rate pause BENGALURU: Indian shares are set to open higher on Monday as rising bets of a rate pause by the US Federal Reserve... Published 12 Jun, 2023 09:47am
Markets India’s currency in circulation falls further post RBI currency withdrawal move MUMBAI: India’s currency in circulation dropped for a second consecutive week after the central bank withdrew the... Published 08 Jun, 2023 09:47am
Business & Finance India central bank says FY23 net income up; forex gains help MUMBAI: The Reserve Bank of India (RBI) earned 2.35 trillion rupees ($28.4 billion) in net income for the fiscal... Published 30 May, 2023 12:12pm
Business & Finance India central bank chief flags governance gaps, instances of stressed assets misreporting MUMBAI: The Reserve Bank of India has come across instances of some banks trying to conceal the real status of their... Published 29 May, 2023 12:18pm
Business & Finance India to withdraw 2,000-rupee notes from circulation: central bank MUMBAI: India’s central bank said on Friday it will start withdrawing 2,000-rupee notes from circulation, although... Published 19 May, 2023 06:56pm
Business & Finance India’s forex reserves edge towards $600bn, hit near 1-year high MUMBAI: India’s foreign exchange reserves rose for a third consecutive week and stood at $599.53 billion for the... Updated 19 May, 2023 06:56pm
Business & Finance India central bank surplus transfer to govt surges in FY23, but lags expectations MUMBAI: The Reserve Bank of India’s (RBI) board, on Friday, approved a surplus transfer of 874.16 billion rupees... Published 19 May, 2023 05:05pm
Business & Finance India’s forex reserves rise for second week, hit over 11-month high at $595.98bn MUMBAI: India’s foreign exchange reserves rose for a second consecutive week to hit an over 11-month high of $595.98... Updated 12 May, 2023 08:07pm
Markets India central bank gold reserves rise to 794.64 metric tonnes as of March: RBI data MUMBAI: India’s central bank added to its gold reserves in the quarter ended March 2023, taking its gold holdings to... Published 08 May, 2023 07:28pm
Markets India’s forex reserves rise to 10-month high at $588.78bn MUMBAI: India’s foreign exchange reserves rose to a 10-month high of $588.78 billion for the week ended April 28,... Published 05 May, 2023 05:36pm
Business & Finance India’s forex reserves ease from over nine-month highs MUMBAI: India’s foreign exchange reserves eased from over-nine-month highs and stood at $584.25 billion for the week... Published 28 Apr, 2023 05:15pm
Business & Finance India’s forex reserves jump to 9-month high at $584.76bn MUMBAI: India’s foreign exchange reserves jumped to $584.76 billion for the week ended April 7, the highest in nine... Updated 14 Apr, 2023 07:41pm