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CURRENCY STABILIZATION EFFORTS
Dollar sways near 10-day lows as attention turns to BOJ and RBAA preliminary deal to end the Middle East war boosted global risk appetite, sending oil prices down and the U.S. dollar near 10-day lows. I...
To drive up NRI investments, banks make FCNR deposits attractive with up to 7.1% return on dollar depositsIndia saw inflows topping $155 billion in 2025-26 via remittances. Add another estimated $50 billion from this scheme which will run until ...
BSF & BGB committed to maintaining peace along Indo-Bangladesh borderIndia's Border Security Force and Border Guard Bangladesh concluded their annual meeting. Both forces committed to peace and stability alon...
Banks court wealthy Indian diaspora in $50 billion deposit driveIndian banks are launching a global campaign to attract over $50 billion in deposits from the diaspora. This initiative aims to strengthen ...
Is India's economic growth real? Raghuram Rajan says something is offFormer RBI Governor Raghuram Rajan questions India's strong economic growth figures, citing weak corporate investment and declining foreign...
India, Bangladesh reaffirm commitment to secure borders at four-day BSF-BGB conferenceIndia's Border Security Force and Border Guard Bangladesh concluded a four-day meeting reaffirming their commitment to border peace. Both f...
Issues related to illegal, forcible border crossings discussed during India-Bangladesh talks: BSFIndia and Bangladesh border guards met in New Delhi to address critical issues. Discussions focused on preventing border crimes, including ...
Asia’s currency fight moves offshore as central banks push backAsian central banks are intensifying efforts to curb offshore forex speculation as external pressures like high oil prices and a strong dol...
Banks pay 7% on dollar deposits as India seeks fresh foreign currencyIndian banks are significantly increasing rates on foreign-currency deposits to attract overseas residents, testing the central bank's new ...
India's current account deficit to remain 1.5-1.7% of GDP in FY27 but RBI measures may turn BoP surplus: SBI ReportIndia's current account deficit is projected for FY27. However, Reserve Bank of India measures are anticipated to improve the country's ext...
100 days of Iran war: India must brace for broad-based economic shockIn a volatile turn of events, escalating strikes between Iran and Israel are sending shockwaves that may reach India’s economy. As the spec...
Rupee falls 17 paise to 95.35 against US dollar in early tradeThe Indian rupee weakened by 17 paise to 95.35 against the US dollar in early trade on Monday, influenced by a strong dollar and geopolitic...
R Gandhi calls RBI policy 'on expected lines', sees no immediate rate hike risksThe Reserve Bank of India has maintained its neutral policy stance and kept interest rates steady. The central bank has adjusted its foreca...
MPC Forex Level: India’s forex reserves remain healthy at $682.3 billion, says RBI Governor Sanjay MalhotraIndia's foreign exchange reserves are strong at $682.3 billion. The Reserve Bank of India has used these reserves to stabilize the rupee. D...
RBI MPC Meeting 2026: West Asia war shock is a concern, but India can ride it out 'with minimum pain', says Sanjay Malhotra2026 RBI MPC Meeting: The Reserve Bank of India acknowledges global economic challenges from the West Asia conflict. Rising energy prices a...
Global Market: Japan warns against excessive currency volatility as Yen nears key thresholdJapan signals readiness to step into currency markets if the yen weakens further. The currency is nearing a critical 160 per dollar mark. T...
India gold prices soar 4.1% in May despite decline in global prices: World Gold CouncilIndian gold prices saw a notable increase in May, defying global trends. This rise occurred even as international gold prices dipped. Local...