RBI intervention: Why the rupee is near a record low
RBI intervention is when India’s central bank steps into the currency market to calm big swings. This time, RBI intervention…
Section
Category: Economy & Policy
Indian economy, trade, commodities and government policy.
Russia sanctions bill may expand to include Iran
Key takeaways The Russia sanctions bill is a US Senate plan to punish countries that help Russia. Donald Trump said…
India EU FTA push: Goyal wants faster rollout
India EU FTA push is the latest move to speed up a big trade deal between India and the European…
India textile sector may gain from China+1 shift
India textile sector may be entering a stronger phase as global brands look beyond China for more suppliers. India textile…
India GDP growth may hit 6.5% to 6.8% in FY27
India GDP growth could land between 6.5% and 6.8% in FY27, according to Deloitte. India GDP growth is the speed…
NPS remittance delays: Finance Ministry warns officials
NPS remittance delays are holding up pension money for some government workers. NPS remittance delays mean an office cuts pension…
RBI Bars Banks, NBFCs from Selling Stressed Assets Back to Defaulting Borrowers
The Reserve Bank of India (RBI) has barred banks, non-banking financial companies (NBFCs), and other regulated entities from selling acquired…
India’s Forex Reserves Rise $964 Million to $675.15 Billion: RBI
India’s foreign exchange reserves rose by $964 million to $675.15 billion during the week ended July 10, marking the second…
FCNR scheme could draw $70-80 billion from NRIs
Key takeaways FCNR scheme could bring in $70-80 billion from non-resident Indians, or NRIs. An FCNR scheme is a bank…
Brent oil price tops $85 as war fears shake markets
Brent oil price jumped above $85 a barrel after fresh US-Iran strikes stirred fears about oil supply. Brent oil price…