India, UAE step up efforts to expand rupee-dirham tradeOver 15% of India-UAE trade has been invoiced in local currencies since the rupee-dirham mechanism launched nearly three years ago. Both na...
16 Jun, 2026, 03.04 PM IST
Investing abroad? These 7 costly mistakes could trigger an income tax noticeWealthy Indians are investing more abroad. However, they must understand the rules to avoid trouble. Mistakes like misusing investment rout...
15 Jun, 2026, 11.54 PM IST
Banks likely to go all out to attract diaspora investmentRBI's decision to bear the hedging cost on FCNR-B deposits and exempt banks from maintaining the cash reserve ratio and statutory liquidity...
09 Jun, 2026, 12.58 AM IST
India's Q4 FY26 current account surplus at $7.1 bln, driven by services exports, remittancesIndia achieved a $7.1 billion current account surplus in the fourth quarter of the last fiscal year. This positive outcome was driven by st...
08 Jun, 2026, 08.05 PM IST
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...
08 Jun, 2026, 03.29 PM IST
RBI widens direct equity access for overseas investors, doubles investment limits under PISThe RBI has doubled investment limits for overseas individual investors under the Portfolio Investment Scheme and extended direct equity ac...
08 Jun, 2026, 12.12 PM IST
What steps India has taken to stem pressure on its external balance of paymentsIndia is taking steps to manage its currency's decline. Higher duties on gold and silver imports are in place. Import rules for silver have...
08 Jun, 2026, 11.38 AM IST
PM Modi holds huddle with Economic Advisory Council on growth strategy; deliberates measures to improve ease of doing business and livingPrime Minister Narendra Modi convened with his Economic Advisory Council to chart a course for India's economic advancement. Discussions fo...
07 Jun, 2026, 05.00 AM IST
More economic safeguards on the cards as West Asia conflict persists: ReportIndia is preparing new measures to protect its economy from the West Asia conflict. The government will introduce these steps gradually as ...
06 Jun, 2026, 12.29 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
RBI may have sold gold to save foreign reserves, BE report showsThe RBI may have sold about $12 billion worth of gold reserves in the two weeks through May 22 to protect its foreign-currency assets amid ...
02 Jun, 2026, 12.47 PM IST
RBI, rating firms assess Iran war risks on Indian companiesThe Reserve Bank of India is proactively assessing potential borrower stress due to the US-Iran conflict, engaging with local credit rating...
26 May, 2026, 02.02 PM IST
Weakening currency: RBI weighs measures including rate hike to stabilise rupeeThe Reserve Bank of India is exploring multiple options to stabilize the rupee, which recently hit a fresh low. These include a potential i...
25 May, 2026, 11.10 AM IST
RBI mulls all options, including rate hike, as rupee slumpsThe Reserve Bank of India is exploring all avenues to steady the rupee. Options include raising interest rates and currency swaps. Official...
21 May, 2026, 12.54 PM IST
As rupee dips, I-T steps up vigil on shady outflowsIn multiple cases, individuals have used dozens of fake permanent account numbers (PANs) with the same name but different addresses and dat...
15 May, 2026, 01.12 AM IST
India considering emergency measures to save foreign exchangeIndia is exploring emergency measures to protect its foreign exchange reserves. These steps may include limiting imports of gold and electr...
11 May, 2026, 09.24 PM IST
As PM Modi calls for conserving FX, what steps can India take?India's Prime Minister Narendra Modi calls for conserving foreign exchange due to rising oil prices and a weakening rupee. The nation is ex...
11 May, 2026, 02.36 PM IST