FOREX RESERVES INDIA
New TCS rules have kicked in from October 01: What has changed; check here Starting October 1, 2023, new tax collection at source (TCS) rates will impact various financial transactions, including international travel, investments in foreign assets, and educational expenses abroad. To help you navigate this upcoming change,...
03 Oct, 2023, 10.14 PM ISTRBI unveils steps to boost foreign exchange inflows to arrest rupee fall On Wednesday, the Reserve Bank of India (RBI) raised overseas borrowing limits for companies. In addition, it liberalised norms for foreign investments in government bonds by announcing a slew of measures to boost foreign exchange inflows to curb th...
07 Jul, 2022, 03.44 PM ISTIndia 5th largest recipient of FDI in Q1: DEA's monthly economic report According to DEA's monthly economic report, India's forex reserves were the 3rd largest in Q1; India remains attractive to investors. ET Now's Meghna Mittal joins us with the highlights from the account.India 5th largest recipient of FDI in Q1: DEA'...
17 Sep, 2022, 06.36 PM IST
India expected to be the fastest growing economy in FY23: RBI Governor While announcing the August bi-monthly monetary policy on Friday, RBI Governor Shaktikanta Das said, “With strong and resilient fundamentals, India expected to be the fastest growing economy in FY23. Its current account deficit will remain in comfor...
05 Aug, 2022, 10.50 AM ISTRBI allows payments for international trade in rupee; move to help ease forex pressure on India The Reserve Bank of India (RBI) on Monday allowed invoicing and payments for international trade in rupees, potentially facilitating greater bilateral business with Russia, which is facing a wide range of Western sanctions and is virtually cut off f...
13 Jul, 2022, 01.13 PM ISTRBI has done a good job on forex reserves, it will not experience economic issues like Sri Lanka or Pakistan: Raghuram Rajan Former RBI Governor Raghuram Rajan claimed that the Reserve Bank of India (RBI) had done an excellent job boosting the country's foreign exchange reserves, and it will not experience economic issues like Sri Lanka or Pakistan.RBI has done a good job...
02 Aug, 2022, 03.43 PM ISTRBI annual report highlights: Indian economy not as hard hit as COVID first wave but uncertainties remain India's economy has not moderated to the extent it did during the first wave but uncertainties can act as a deterrent in the short term, the Reserve Bank of India said on Thursday. In its annual report, the central bank said the country's growth pro...
27 May, 2021, 01.43 PM ISTIndia should do better than other countries in a global downturn: Indranil Sen Gupta RBI has now re-achieved adequacy of FX reserves. We call this ‘India’s silent revolution’ because now there is sufficient forex reserves and that is de-risking India from global contagion, says Indranil Sen Gupta, India Economist, BofA Securities, i...
25 Mar, 2021, 03.31 PM ISTWatch: Rupee hits 18-month low, slides 38 paise to 68.42 against US dollar The rupee on Wednesday plummeted by a massive 38 paise to hit a near 18-month low of 68.42 against the US dollar following relentless capital outflows amid concerns over macro conditions and surging crude oil prices. This is the lowest closing for t...
23 May, 2018, 10.53 PM ISTForex kitty may not cushion extreme volatility: RBI RBI Deputy Governor HR Khan said though the country's forex kitty was at an all time high of USD 330 billion, there should be no complacency as no amount of reserves may be enough to fight extreme volatility.Forex kitty may not cushion extreme volat...
10 Feb, 2015, 01.35 PM ISTIndia may reduce US dollar role in FX basket India may reduce US dollar role in FX basket
05 Jul, 2009, 12.56 PM IST