What makes the Indian currency more vulnerable than some of its Asian peers is the country’s reliance on imported energy and its ripple eff...

The Indian rupee strengthened on Tuesday, benefiting from falling oil prices. Optimism over potential mediation in the U.S.-Iran conflict a...

The RBI has asked banks to resolve long-pending mismatches between trade and payment records worth thousands of crores. Banks must verify d...

Gold price has fallen about 25 per cent since the U.S.-backed war with Iran began in late February, pressured by expectations that war-driv...

India's foreign exchange reserves increased by $964 million to $675.16 billion. Foreign currency assets, the largest component, grew by $93...

Central bank governor Sanjay Malhotra met bank chief executives on Tuesday. Geopolitical complexities and artificial intelligence were key ...

Indian banks are now mandated to disclose their anti-money laundering measures concerning international business partners. Corporations wit...

Finance Minister Nirmala Sitharaman will meet public sector bank chiefs Monday. They will review efforts to attract foreign currency deposi...

Companies are also putting fewer products on sale, signalling a shift away from aggressive promotions despite ongoing end-of-season sales, ...

The country's stockpile of assets denominated in foreign currencies rose $7.26 billion to $674 billion in the week ended July 3, the latest...

Finance Minister Nirmala Sitharaman will meet public sector bank heads on Monday. The meeting will review progress on attracting foreign cu...

India's foreign exchange reserves saw a substantial rise of $7.26 billion. These reserves reached $674.19 billion in the week ending July 3...

The Reserve Bank of India will review foreign currency deposit inflows next week. This meeting follows rising Middle East tensions and pote...

Bank credit growth is expected to moderate gradually in the upcoming fiscal year. Large corporations will increasingly use domestic bond ma...

Dollar spending India: The country's expanding middle class now spends more on foreign goods and services. International travel and oversea...

Asian shares advanced, led by a rally in chipmakers and South Korean stocks. Oil prices extended their gains for a third day, reaching abou...

The Reserve Bank of India's new concessional forex swap facility is set to significantly lower borrowing costs for government-owned financi...