Forex Reserves Surge For Second Week: India’s Kitty Rises $1.48 Billion to Cross $695 Billion Mark – RBI Says
The Reserve Bank of India (RBI) in its latest 'Weekly Statistical Supplement' said that India's foreign exchange reserves (Forex) jumped...
archiveInternational Monetary Fund
India’s forex reserves fall $3.06 billion to $696.67 billion
India’s foreign exchange reserves fell by $3.06 billion to $696.67 billion for the week ended July 11, according to data...
India makes a push for cheaper foreign loans in yen, rupee
New Delhi has steadily expanded loans and official development assistance (ODA) in yen to gain from ultra-low interest rates and...
Indian economy faces crosswinds with mounting global shocks
Economists warn that the finance ministry’s projected gross domestic product (GDP) growth of 6.3% to 6.8% for FY26 could come under pressure as global headwinds, rising geopolitical tensions, volatile capital flows, trade disruptions and weak private investment intensify. On the domestic front, India must address challenges in private sector investment and weak urban demand. Trump’s tariffs hit export-heavy Asian economies like China and Vietnam harder than India, which leans more on domestic consumption. Also read: CBDT probes crypto-related tax evasion Still, headwinds at home led chief economic advisor V. Anantha...
India’s Forex Reserves Rise by $1.5 Billion to $677.8 Billion for Sixth Consecutive Week: RBI – Firstpost
India’s forex reserves rose by $1.5 billion to $677.8 billion for the week ended April 11. This marked the sixth consecutive weekly increase, reflecting that India’s economy remains robust despite turbulent timesread moreOn Friday, the Reserve Bank of India (RBI) said that the country’s forex reserves increased by $1.5 billion to $677.8 billion for the week ended April 11.This is the sixth consecutive week the Indian forex has seen a jump. The overall reserves jumped by $10.8 billion to $676.2 billion in the previous reporting week ended April 4.It is...