Economy News

Govt eases rules to enable export payments in rupees

Govt eases rules to enable export payments in rupees

The move makes rupee-denominated export receipts eligible for Foreign Trade Policy benefits and export obligation fulfilment. The policy is also aimed at reducing currency conversion costs and exchange-rate risks while promoting wider international use of the rupee. 29 days ago
Gold Surges Towards ₹1.53 Lakh, Silver Hits ₹2.35 Lakh On MCX As Festive Demand, Global Cues Lift Prices

Gold posts 0.86 pc weekly gain amid expectations US Fed may hold rates

Gold prices rose 0.86 per cent weekly as weaker-than-expected US economic data strengthened expectations that the US Federal Reserve may keep interest rates unchanged. MCX gold futures gained 0.73 per cent on Friday to Rs 1,54,590, while silver rose 0.15 per cent to Rs 2,36,272 per kg. Aug 15, 2026
India's forex reserves climb nearly $1 billion to $672.5 billion

India's forex reserves surge $14.1 billion to cross $707 billion mark

India's foreign exchange reserves surged by $14.136 billion during the week ended August 7, crossing the $707 billion mark, according to RBI data. The increase was mainly driven by a $9.946 billion rise in foreign currency assets to $574.625 billion and a $3.995 billion increase in gold reserves to $108.738 billion Aug 14, 2026
Inflation burden eases further for India's farm, rural workers in September

India Retail Inflation Rises To 4.45% In July As Food Prices Stay Elevated

India's retail inflation increased to 4.45% in July, marking the fourth consecutive monthly rise, driven mainly by higher food prices. Food inflation climbed to 5.52%, with rural areas witnessing stronger price pressures. Prices of spices, vegetables and precious metals remained elevated, while some vegetable items provided limited relief Aug 12, 2026
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