The proposal was suggested by the Reserve Bank of India and is currently under active consideration…
Tag: Reserve Bank of India
Significant decline! How much have India’s forex reserves fallen since US-Iran war? Asian economies biggest losers
India’s reserves have fallen 5.2% to $691 billion. (AI image) Philippines and India are the Asian…
Rupee at 95.74: INR hits all-time low as oil prices pressure economy
The rupee slipped to a fresh all-time low against the US dollar on Wednesday, extending its…
‘Situation isn’t as dire’: Is India’s forex reserves cover enough to defend rupee? Why economists are confident
Since the outbreak of the Iran conflict, India’s forex reserves have declined by nearly $38 billion,…
India’s retail inflation jumps to over one-year high at 3.48 per cent in April
India’s retail inflation rose to a more than one-year high of 3.48 per cent in April…
India, Vietnam elevate strategic ties, set $25 billion trade target by 2030
Prime Minister Narendra Modi with Vietnam President To Lam India and Vietnam on Wednesday agreed to…
Rohit Jain appointed as RBI deputy governor
MUMBAI: The appointments committee of the cabinet has approved the appointment of Reserve Bank of India…
Demand shock warning: How has US-Iran war impacted Indian economy so far? Why RBI is both cautious and confident
According to the RBI, cost pressures and uncertainty have taken a toll on new orders and…
RBI revokes Paytm Payments Bank’s banking licence, will move High Court for winding up
The Reserve Bank of India cancelled the banking licence of Paytm Payments Bank Limited, on Friday,…
India’s forex kitty: Foreign exchange reserves jump $2.362 billon to $703.308 billion
India’s foreign exchange reserves rose by $2.362 billion to $703.308 billion in the week ended April…