Tag: foreign exchange reserves

In a seldom-used provision of the law, the British tax office has asked the Indian government and the Income tax (I-T) department to recover tax of an Indian who had left the UK years ago...
TransUnion (TRU) introduced the TruVision Alternative Bank Risk Score. This score includes checking and banking data applicable to the short-term lending space and can be used to...

India’s forex reserves rise to $658.09 billion ending consecutive weeks of decline | India Business News

India's forex reserves rise to $658.09 billion NEW DELHI: India's foreign exchange reserves increased by $1.51 billion to $658.09 billion in the...

Gold holds up incremental value of forex reserves

The Reserve Bank of India’s gold purchases has helped the central bank to hold up foreign exchange reserves amidst a huge pullout by...

RBI purchases $9.6 bn in September to curb rupee’s appreciation amid strong foreign investment inflows

Mumbai: The Reserve Bank of India net purchased $9.6 billion in September, its highest monthly purchase in six months, as the central bank...

Indian economy well placed to handle any kind of spillovers from global events: RBI Guv

Kochi: Reserve Bank of India (RBI) Governor Shaktikanta Das on Saturday said that the Indian economy and financial sector are well placed to...

Donald Trump win looming? RBI well-equipped for post-US election volatility, sources say

India's central bank is well-equipped to deal with a potential sudden outflow of foreign funds and any steep fall in the rupee if...

RBI parks majority of its gold reserves in India; Local holdings up 100 tonnes in H1

Domestic holdings of gold by the Reserve Bank of India (RBI) rose by more than 100 metric tonnes in the half-year ended September,...

Boosting macro fundamentals best defence vs global risks: RBI’s DY Guv Michael Patra

Fortifying India's macroeconomic fundamentals is the best shield against elevated global uncertainties, a deputy governor of the country's central bank said in New...

RBI governor Shaktikanta Das: Rate cut now is very risky

Das has repeatedly said the RBI wants to see inflation settling around the 4% target level on a durable basis before considering...

Currency Swap Agreement: RBI, Maldives Monetary Authority ink $400 mn Currency Swap Agreement; India to provide Rs 30 bn under INR swap window

The Reserve Bank of India on Monday entered into a Currency Swap Agreement with the Maldives Monetary Authority (MMA) under the SAARC Currency...

Forex reserves rise $2.8 billion to a new high of $692.3 billion

Mumbai: The Reserve Bank of India's foreign exchange reserves rose to a fresh high of $692.3 billion in the week ended September 20,...

Rare balancing act: How RBI chief Shaktikanta Das tamed volatile rupee with $689 billion in reserves

Reserve Bank of India chief Shaktikanta Das has pulled off a rare balancing act: Clamping down on volatility in the rupee while allowing...

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