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Tag: forex

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India’s forex reserves decline $9.98 billion to $671.62 billion: RBI data

India's forex reserves dropped $9.985 billion to $671.625 billion during the week ended June 12 due to sharp drop in gold reserves, the RBI...

RBI forex measures may draw 40 to 50 billion dollars in FY27, boost FCNR(B) deposits, strengthen rupee and banking liquidity, says Motilal Oswal Financial...

The Reserve Bank of India’s recent measures to boost foreign currency inflows are expected to generate $40–50 billion in inflows in FY27, strengthening India’s...

India’s forex reserves explained: How they support the rupee and economy

In an interconnected global economy, countries face a range of external risks, from geopolitical conflicts and financial-market turbulence to inflation shocks and sudden capital...

RBI offers concessional forex swap facility for CPSE overseas borrowings till Sept 30

The Reserve Bank of India (RBI) announced a concessional forex swap facility for public sector enterprises to encourage overseas fundraising and support foreign currency...

Aarti Pharmalabs Q4 Results: Shares slide 6% as forex loss, one-offs impact earnings performance

Shares of Aarti Pharmalabs Ltd. declined about 6% on Tuesday, May 26, after the company reported a drop in March quarter earnings, weighed down...

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Commercial LPG cylinder prices cut from August 1; domestic rates unchanged

Indian Oil Corporation (IOC) has reduced the price of...

Cabinet extends PM-KISAN till FY31, approves ₹5,070 crore floating solar scheme

The Union Cabinet on Friday approved a series of...

India’s fiscal deficit widens to ₹3.1 lakh crore in Q1 despite higher tax collections as capex picks up

India's fiscal deficit widened to ₹3.1 lakh crore during...

Deficit turned into dependence? India’s growing trade deficit with China

At present China has taken over the US as...

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