RBI To Buy Back ₹30,000 Crore Govt Securities On September 3
The RBI will buy back up to ₹30,000 crore of government securities on September 3 via E-Kuber, easing a heavy…
Section
Category: Economy & Policy
Indian economy, trade, commodities and government policy.
India Forex Reserves Hit Record High Near $705 Billion
Key takeaways India forex reserves reached a record $704.885 billion in the week ended September 26. The stock rose by…
Gulf Oil Exports Recover to Over 60% of Pre-War Level
Key takeaways Gulf oil exports have recovered to more than 60% of their level before the Iran war, Goldman Sachs…
Gold Price Target: Monarch Sees $4,700 by Year-End
Key takeaways Monarch PMS expects gold to reach $4,700 an ounce by the end of the year. Central-bank buying, global…
Hormuz Crisis Raises India’s Energy Import Costs By $22 Billion
India’s fossil fuel import bill has risen an estimated $22 billion because of the Hormuz energy price shock, according to…
RBI Relaxes Weekly Access Rule For FCNR(B) Swaps Above $100 Million
RBI has relaxed the weekly access restriction on FCNR(B) swaps above $100 million, letting banks approach it outside their designated…
Hormuz Shipping Traffic Rises, but Cargo Loads Shrink
Key takeaways Hormuz shipping traffic is rising, but vessels are carrying less cargo. The shift may show that operators are…
India-US Bond Yield Spread Hits Historic Low: What It Means
Key takeaways The India-US bond yield spread has narrowed to a historic low. The gap is the difference between India’s…
India Foreign Inflows Hit $73 Billion in 11 Weeks
Key takeaways India foreign inflows reached about $73 billion over 11 weeks, according to a CNBC report. The money came…
Trump Weighs 7.5% China Tariff Over Manufacturing Overcapacity
The United States is preparing to impose an additional 7.5% tariff on Chinese goods over allegations that China’s excess manufacturing…