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Economy

CAD surprises with a moderate deficit

India's current account deficit moderated marginally in the September quarter despite a wider trade deficit on the the back of higher services income,...
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Business

India’s forex reserves dip to nearly six-month low

India's foreign exchange reserves fell by nearly $2 billion to an almost six-month low of $652.87 billion as of December 13,...
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Economy

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...
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Economy

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...
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Economy

India’s foreign exchange reserves dip by another $6.477 bn in the week to November 8

India's foreign exchange reserves dipped by another $6.477 billion in the week to November 8 to $675.653 billion as foreign institutional investors continued...
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Economy

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...
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Economy

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,...
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Economy

Outlook bright, but demand needs monitoring: MoF

New Delhi: India's economic outlook remains bright, underpinned by a stable external sector, positive farm prospects and chances of higher government spending to...
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