The Real Effective Exchange Rate (REER) of the rupee moderated in December to 107.20 after hitting a peak of 108.14 in ...
In his last assignment as DG, Patra handled a bunch of responsibilities of RBI that directly shaped everyone of the above ...
According to iSPRIT, the goal of PLSAI is to ensure that credit to micro, small, and medium enterprises (MSMEs) can double to ...
Under the Liberalized Remittance Scheme, Indian residents are allowed to remit up to $250,000 annually. Platforms like Vested ...
A viral post claimed that cheques written in black ink will no longer be accepted from January 1, 2025, and cheques must be ...
In India, there is a "conducive quickening" of high-frequency economic activity indicators in the second half of 2024-25, signalling implicit pick up in real gross domestic product growth for this ...
Based on preliminary data, Indian gold demand was strong in 2024. It got a boost in July after the Indian government cut taxes on gold and silver imports by more than half, lowering duties from 15 ...
India's foreign exchange reserves have been on a declining trend for six consecutive weeks, standing at a 10-month low of ...
India's foreign exchange reserves extended their losing streak for a sixth straight week and stood at a 10-month low of ...
India is now staring at the possibility of an oil shock after the U.S. decided to implement sweeping sanctions on Russia’s ...
The Reserve Bank of India likely sold U.S. dollars before the local spot market opened on Friday to support the rupee, ...
The Reserve Bank of India (RBI) on Thursday announced liberalised norms to encourage use of Indian Rupee and local/ national ...