Tag Archives: Reserve Bank of India

Representative image (Credit: Canva) NEW DELHI: Tearing or damaging a currency note is a common mishap, but to ensure it doesn’t lead to financial loss, the Reserve Bank of India (RBI) has laid down clear rules for the exchange of damaged currency.The guidelines are meant to ensure that soiled, mutilated, or even badly deteriorated notes can be replaced based on …

India’s foreign exchange reserves rose by $1.567 billion to reach $677.835 billion for the week ending April 11, the Reserve Bank of India said on Friday. The reserves have shown continuous growth for sixth consecutive week.The overall forex kitty witnessed an increase of $10.872 billion, reaching $676.268 billion in the previous reporting week ended April 4. The foreign currency assets, …

India’s economy is set to grow at 6.7% in the current fiscal year, driven by robust domestic demand, rising rural incomes, and moderating inflation, according to the Asian Development Bank’s (ADB) Asian Development Outlook (ADO) report for April 2025. ADB forecasts the GDP to continue growing at a pace of 6.8% in FY26 (2026-27), supported by favourable fiscal and monetary …

In a move that could bring relief to the common man, the Reserve Bank of India (RBI) has now further lowered the repo rate by 25 basis. This means that the repo rate is reduced from 6.25% to 6%. This is the second consecutive rate cut, following a similar reduction in February 2025. This announcement was made by RBI Governor …

AI generated image means for representation purpose only Analysts anticipate a volatile week ahead for stock markets as investors closely monitor the impact of US tariffs, US inflation data, and the Reserve Bank of India‘s (RBI) upcoming interest rate decision. The uncertainty surrounding global trade and inflation, sparked by the US tariff impositions, continues to drive market sentiment.US President Donald …

RBI Governor Sanjay Malhotra (File photo) The Reserve Bank of India (RBI) is expected to cut key interest rates by up to 25 basis points this week, with lower inflation supporting an accommodative monetary policy stance. This move is also seen as necessary to stimulate growth amidst global economic challenges, including the tariffs announced by the United States, as per …

Tata Capital, the financial services arm of the Tata Group, has filed preliminary documents with market regulator Sebi for a mega initial public offering (IPO) estimated at over Rs 15,000 crore. According to an ET Market report, the Tata Capital’s IPO, which will be conducted under the confidential pre-filing route, will include both the issuance of new shares and an …

Foreign Institutional Investors (FIIs) were net sellers in FY2025, offloading domestic equities worth Rs 1,27,401 crore. However, the intensity of selling eased considerably in March, with FIIs selling shares worth Rs 3,972.61 crore. Meanwhile, Domestic Institutional Investors (DIIs) remained consistent buyers throughout the year, purchasing stocks worth Rs 6,06,368 crore, with March seeing buying activity of Rs 37,079.08 crore, according …

India intends to extend privileges previously exclusive to overseas Indians to all foreign investors. (AI image) The Reserve Bank of India (RBI) plans to raise the investment limit for individual foreign investors in listed companies to 10% from 5%, aiming to enhance capital inflows, according to senior government officials and documents seen by Reuters.Foreign portfolio investors (FPIs) have withdrawn over …

Rupee vs Dollar (File photo) The Indian rupee continued its upward momentum for the seventh consecutive session, rising by 31 paise to close at 85.67 (provisional) against the US dollar on Monday. This gain wiped out all of the rupee’s losses for 2025, boosted by positive trends in domestic equity markets, fresh foreign capital inflows, and lower global crude prices. …