FX swap window may spur PSU rush for overseas loansPublic sector units like PFC, REC, and NaBFID are poised to increase their External Commercial Borrowings (ECBs) to leverage the RBI's 1.5%...
10 Jun, 2026, 09.31 AM IST
Rupee gains as oil retreat soothes, inflow expectations erode weakening biasThe Indian Rupee strengthened on Tuesday due to falling oil prices. Regulatory measures are expected to reduce India's balance of payments ...
09 Jun, 2026, 03.56 PM IST
RBI ramped rupee defense to record before government bazookaThe Reserve Bank of India has reached a record $110-$115 billion in its net-short dollar book, a key tool for defending the rupee. This sig...
08 Jun, 2026, 04.44 PM IST
India's forex reserves rise $938 million to $682 billion despite RBI's $5 billion swapIndia's foreign exchange reserves saw a slight increase of $938 million, reaching $682 billion by May 29. This rise occurred despite a sign...
06 Jun, 2026, 01.13 AM IST
Bring back export earnings soonerThe Reserve Bank of India has shortened the time for exporters to bring back foreign earnings. This period is now nine months, down from fi...
06 Jun, 2026, 01.09 AM IST
Strong backing, but light touch: What is the RBI's rupee playbook?The Reserve Bank of India will let the rupee's value be set by the market. It will only step in if trading becomes too unstable. Simultaneo...
05 Jun, 2026, 12.45 PM IST
India's forex reserves remain adequate, trade pacts, policy reforms to strengthen external sector, says RBI GovernorWith foreign exchange reserves reaching an impressive $682.3 billion, India stands on solid economic ground. RBI Governor Sanjay Malhotra h...
05 Jun, 2026, 12.36 PM IST
RBI courts overseas investors as oil prices and capital outflows weigh on rupeeThe Reserve Bank of India has introduced new measures to draw foreign investment. These steps aim to boost the country's finances and suppo...
05 Jun, 2026, 10.43 AM IST
FX reserves inch up from over one-year low to $682.3 billionIn the week prior, India's FX reserves had dropped to a more than one-year low of $681.4 billion.
05 Jun, 2026, 10.34 AM IST
FEMA case against Myntra closed following compounding: EDMyntra's foreign exchange violation probe has concluded after the RBI issued a compounding order. The Enforcement Directorate gave its no o...
05 Jun, 2026, 01.11 AM IST
Consumption demand faces risk from global headwinds, parliamentary panel informedIndian officials have warned that consumption demand might face challenges due to global economic pressures. However, strong service export...
05 Jun, 2026, 12.15 AM IST
RBI clears Myntra's FEMA violations after penalty payment; ED closes investigationThe Reserve Bank of India has closed an Enforcement Directorate investigation into Myntra Designs Private Limited. This action follows the ...
04 Jun, 2026, 05.45 PM IST
Vedanta says no penalty, restrictions imposed after ED searchesIndia's financial crime-fighting agency searched Vedanta group locations. The company stated no penalty or restriction has been imposed. Ve...
04 Jun, 2026, 03.12 PM IST
Government denies new report stating RBI may have sold $12 billion gold to rescue rupeeReports claiming the Reserve Bank of India sold gold to support the rupee have been denied by the Indian government. Official data shows In...
03 Jun, 2026, 12.09 PM IST
Indian travellers worry more about forex costs than visa queues: ReportIndian travellers are set to spend more overseas following a tax reduction. However, managing travel budgets is their biggest worry. Many s...
02 Jun, 2026, 07.00 AM IST
IIFCL PAT falls 13% on forex volatility in FY26India Infrastructure Finance Company Limited (IIFCL) witnessed a 13.3% decline in its profit after tax, falling to ₹1,379 crore in FY26 fro...
30 May, 2026, 07.35 AM IST
India’s forex reserves fall by $7.51 billion to $681.38 billion as of May 22India's foreign exchange reserves saw another dip. Reserves fell by $7.51 billion to $681.38 billion in the week ending May 22. This follow...
29 May, 2026, 05.08 PM IST