Tag: RBI Actions

RBI’s gold buying spree continues! 57.5 tonnes added to gold reserves; second highest in 7 years

BusinessApril 25, 2025

The RBI's gold acquisitions align with the worldwide trend of central banks actively purchasing gold. (AI image) The Reserve Bank of India (RBI) acquired 57.5 tonnes of gold during FY25, expanding its holdings of...

Asian stocks: Asian stocks rise on Fed rate-cut hopes, Alphabet solid earnings

StocksApril 25, 2025

Asian shares rose at the open Friday after optimism about the Federal Reserve cutting rates sooner than anticipated powered a rally in US stocks and Alphabet Inc. reported solid earnings.Shares in South Korea gained 1.1%...