IBT Business Desk

Articles by IBT Business Desk

Email : editor@ibtimes.co.in
India's forex reserves jump $9.06 billion to $697.12 billion

India's forex reserves jump $9.06 billion to $697.12 billion

Gold reserves jumped significantly, while foreign currency assets—the largest component—also recorded a steady rise. Minor increases were seen in special drawing rights, while India's reserve position with the International Monetary Fund remained unchanged. Apr 11, 2026
Indian rupee gains ahead of RBI deadline to unwind positions

Indian rupee gains ahead of RBI deadline to unwind positions

RBI's directive limiting banks' net open rupee positions to $100 million and its stance on curbing excess offshore positions has prompted lenders to adjust holdings ahead of the deadline. Analysts expect short-term caution in the market until clarity emerges on RBI's position limits, though fears of sharp rupee depreciation may be overstated. Apr 10, 2026
Reserve Bank Of India

RBI proposes 1-hour delay for UPI transfers above ₹10,000 as safety measure

The RBI has proposed a one-hour delay for digital payments above Rs 10,000 to curb rising frauds, which hit Rs 22,930 crore in 2025. The discussion paper outlines safeguards like trusted-person authentication for seniors, capped credits with verification, and a "kill switch" to block transactions. The move targets APP fraud driven by social engineering. Apr 10, 2026
Gold rises 2.45% to ₹1,53,977; silver at ₹2,44,297 on safe-haven demand despite US-Iran ceasefire

Gold, silver trade up to 2 pc lower despite geopolitical tensions

On the Multi Commodity Exchange (MCX), gold futures (June 5) fell as much as 0.74 per cent or Rs 1,129 to Rs 1,50,647, hitting an intraday low at around 10:40 AM. The yellow metal was later trading at Rs 1,51,113, down Rs 663 or 0.44 per cent. It touched an intraday high of Rs 1,51,452. Apr 9, 2026
Sensex, Nifty end lower amid volatile trade

Sensex, Nifty trade lower amid fresh geopolitical tensions

Sensex traded 560 points or 0.72 per cent lower at 77,003, hitting an intra-day low in early trade, while Nifty fell as much as 182 points or 0.75 per cent to 23,815, also logging an intra-day low. Sectorally, IT, realty, banking, and auto stocks were among the top laggards, declining up to 1 per cent. Apr 9, 2026
Sensex jumps over 500 points ahead of RBI MPC decision

Sensex jumps over 500 points ahead of RBI MPC decision

Indian equity markets extended gains for the fourth consecutive session, with the Sensex rising over 500 points and the Nifty closing nearly 0.7% higher, supported by late-session buying. Gains were led by IT and metal stocks, while PSU banking stocks lagged. Apr 7, 2026
Sensex, Nifty slip after mild start on geopolitical tensions

Sensex, Nifty slide 1 pc as Hormuz deadline by US rattles markets

The Indian stock market experienced a notable decline on Tuesday, April 7, 2026, with both the Sensex and Nifty 50 closing approximately 1% lower. This downward movement followed an initial opening that saw the Sensex drop over 700 points to reach 73,366.60 and the Nifty slide nearly 0.9% to trade around 22,764. Apr 7, 2026
Sensex, Nifty slip after mild start on geopolitical tensions

Sensex, Nifty slip after mild start on geopolitical tensions

Indian equity markets saw a volatile start on Monday, with the BSE Sensex and Nifty 50 slipping into the red after opening slightly higher. Early gains were erased due to rising geopolitical tensions involving Iran, the US, and Israel, particularly concerns over the Strait of Hormuz. Apr 6, 2026