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
Business & Finance India slashes current account deficit in Dec-quarter as trade gap narrows MUMBAI: India’s current account deficit shrank more than expected in the October-December quarter on the back of a... Published 31 Mar, 2023 06:24pm
Business & Finance India’s forex reserves rise to over eight-month high, stand at $578.78bn MUMBAI: India’s foreign exchange reserves rose for a second straight week and stood at $578.78 billion, highest... Published 31 Mar, 2023 05:20pm
Business & Finance India’s forex reserves rise to over six-week high, now at $572.8bn MUMBAI: India’s foreign exchange reserves rose to $572.8 billion as of the week ended March 17, their highest level... Published 24 Mar, 2023 05:09pm
Business & Finance India’s forex reserves fall to over 3-month low of $560bn MUMBAI: India’s foreign exchange reserves fell to $560 billion as of the week ended March 10, their lowest since... Published 17 Mar, 2023 06:49pm
Markets India’s forex reserves increase, stand at $562.4bn MUMBAI: India’s foreign exchange reserves rose for the first time in five weeks and stood at $562.40 billion as of... Published 10 Mar, 2023 05:28pm
Business & Finance Weak global demand, rate hikes may curtail India growth NEW DELHI: Weak global demand and monetary tightening by the Indian central bank could further drag down economic... Published 06 Mar, 2023 07:38am
Business & Finance India central bank imposes penalty on Amazon Pay for non-compliance BENGALURU: The Reserve Bank of India said on Friday it had imposed a penalty of 30.7 million rupees ($374,770) on... Published 03 Mar, 2023 08:27pm
Business & Finance Indian banks’ credit growth accelerates 16.8% in December quarter: RBI MUMBAI: Indian banks’ credit growth doubled to 16.8% in the October-December quarter from a year earlier, data... Published 27 Feb, 2023 06:07pm
Business & Finance India’s forex reserves at 11-week low, down for third week MUMBAI: India’s foreign exchange reserves fell for the third straight week to hit an eleven-week low of $561.27... Published 24 Feb, 2023 06:49pm
Markets Indian central bank onshore, offshore intervention helps rupee outperform-traders MUMBAI: The Reserve Bank of India (RBI) is likely intervening in both the offshore and onshore markets to shield the... Published 22 Feb, 2023 01:05pm
Business & Finance India’s forex reserves post biggest weekly decline in over 11 months MUMBAI: India’s foreign exchange reserves fell 8.3% in the week to Feb. 10, logging its biggest decline in more than... Published 17 Feb, 2023 06:16pm
World India’s retail inflation in Jan breaches RBI’s upper tolerance level India’s annual retail inflation in January rose above the central bank’s upper threshold for the first time in three... Published 13 Feb, 2023 06:49pm
Markets Indian shares close higher after RBI rate hike BENGALURU: Indian shares settled higher on Wednesday after the Reserve Bank of India delivered an expected 25 basis... Published 09 Feb, 2023 06:02am
Business & Finance India’s central bank widely seen delivering final 25 bps hike MUMBAI: India’s central bank is widely expected to raise its policy interest rate by a quarter percentage point to... Published 06 Feb, 2023 12:13pm
Business & Finance India’s foreign exchange reserves rise to near 6-month high MUMBAI: India’s foreign exchange reserves rose to a near six-month high of $573.7 billion in the week through Jan.... Published 27 Jan, 2023 06:06pm
Markets India central bank says no foreign investment cap on sovereign green bonds BENGALURU: The sovereign green bonds issued by the Indian government will not have any restrictions on foreign... Published 23 Jan, 2023 06:33pm
Business & Finance India central bank bought net $4.36bn in spot forex market in November MUMBAI: The Reserve Bank of India (RBI) bought a net of $4.36 billion in the spot foreign exchange market in... Published 19 Jan, 2023 06:36pm
Business & Finance Indian states’ finances improve, gross fiscal deficit set to fall in 2022/23: RBI MUMBAI: The finances of Indian states are expected to improve in 2022-23 with the consolidated gross fiscal deficit... Published 16 Jan, 2023 07:17pm
Business & Finance India’s foreign exchange reserves slip in first week of year MUMBAI: India’s foreign exchange reserves fell to $561.58 billion in the week through Jan. 6, the Reserve Bank of... Published 13 Jan, 2023 05:55pm
Business & Finance Lowering inflation top priority for South Asia: India central bank chief NEW DELHI: Taming inflation is the top priority for South Asian countries as risks to growth and investment outlook... Published 06 Jan, 2023 11:37am
Business & Finance India’s forex reserves slip for second week MUMBAI: India’s foreign exchange reserves fell to $562.81 billion in the week through Dec. 23, the Reserve Bank of... Published 30 Dec, 2022 06:25pm
Business & Finance India’s current account gap widens to 9-year high MUMBAI: India’s current account deficit widened in the July-September quarter as high commodity prices and a weak... Published 29 Dec, 2022 06:18pm
Business & Finance Indian banks may need to lift deposit rates as credit demand surges: RBI report MUMBAI: India’s banking sector remained resilient in 2021/22 and lenders may have to raise deposit rates more to... Published 28 Dec, 2022 04:12am
Business & Finance Indian banks may need to lift deposit rates as credit demand surges: RBI report MUMBAI: India’s banking sector remained resilient in 2021/22 and lenders may have to raise deposit rates more to... Published 27 Dec, 2022 07:03pm
Business & Finance India’s RBI saw forward dollar book fall to $241mn in October: bulletin MUMBAI: Reserve Bank of India (RBI) had wound down much of its forward dollar holdings by the end of October, data... Published 20 Dec, 2022 06:51pm
Business & Finance At $561.16bn, India's forex reserves rise for 4th week, hit over 3-month high Overall, they have declined from $632.7 billion at the beginning of this year, as the RBI has sold a portion of the reserves to ease volatility in the currency markets Published 09 Dec, 2022 05:59pm
Business & Finance Foreign investors, banks may step up Indian govt bond buying in Dec MUMBAI: Foreign investors and banks that have stepped up their purchase of Indian government bonds in the last few... Published 05 Dec, 2022 07:25am