India's forex reserves surge by $5.17 bn to reach $696.6 bn

India's forex reserves surge by $5.17 bn to reach $696.6 bn

India's foreign exchange reserves stood at $691.5 billion in the preceding week that ended on May 30 and are sufficient to fund more than 11 months of goods imports and about 96 per cent of external debt outstanding, RBI Governor Sanjay Malhotra said last week after the monetary policy review. Jun 13, 2025
Reserve Bank Of India

RBI's mammoth rate cut to diligently perform a new troika: SBI Research

The RBI monetary policy committee's (MPC) decision to go for a relatively mammoth cut, while changing the stance to neutral, should not be confused with a pause on future rate cuts trajectory in the medium term, but rather a semblance of adopting flexible manoeuvrability on part of a conscious regulator to diligently perform a new troika, a State Bank of India (SBI) Research report said on Tuesday. Jun 10, 2025
Reserve Bank Of India

Indian economy shows resilience despite weak global growth: RBI

The global growth continues to face headwinds with persistent trade frictions, heightened policy uncertainty, and weak consumer sentiment weighing on the outlook. Despite this, the Indian economy is exhibiting resilience even after high trade and tariff-related concerns, the Reserve Bank of India (RBI) has said. May 22, 2025
India's forex, money markets have doubled in last 4 years: RBI Governor

India's forex, money markets have doubled in last 4 years: RBI Governor

India's financial markets have developed into a dynamic and resilient force to fuel economic growth with an almost doubling of the foreign exchange market from $32 billion in 2020 to $60 billion in 2024 and the average daily volumes in the overnight money markets surging from about Rs 3 lakh crore to over Rs 5.4 lakh in this four-year period, according to RBI Governor Sanjay Malhotra. Apr 20, 2025
Reserve Bank of India (RBI)

RBI's MPC meeting begins; SBI report says 25 bps rate cut likely

As the Reserve Bank of India (RBI) began its Monetary Policy Committee (MPC) meeting (from April 7-April 9) here, SBI Research on Monday said it expects a 25-basis point rate cut in the policy and cumulative rate cut over the cycle could be at least 100 basis points, with two successive rate cuts over February and April. Apr 7, 2025
RBI likely to cut rates next month amid easing inflation: HSBC

RBI likely to cut rates next month amid easing inflation: HSBC

After the decline in retail inflation in February to 3.6 per cent, the March inflation print is also trending below the RBI's 4 per cent target which is likely to lead to another rate cut by the central bank next month, according to an HSBC Research report. Mar 14, 2025
India sees over 30 pc decline in suicide death rates from 1990 to 2021: Lancet

NRI accounts clock 43% jump in funds to $13.33 billion in April-Dec

The flow of funds from Indians working overseas into non-resident Indian (NRI) bank accounts has shot up by 42.8 per cent to $13.33 billion between April and December 2024, compared to $9.33 billion during the same period in 2023, according to the latest figures compiled by the Reserve Bank of India (RBI). Feb 20, 2025