India achieved a significant current account surplus of $4.7 billion in April. This positive shift was driven by robust inward remittance f...

A US-Iran peace framework has sparked a sharp rally in Indian markets, sending crude oil prices lower, strengthening the rupee and promptin...

A U.S.-Iran peace deal has led to a slump in oil prices, bolstering the Indian rupee. This, combined with the Reserve Bank of India's measu...

India's top badminton stars PV Sindhu and the men's doubles pair Satwiksairaj Rankireddy and Chirag Shetty will lead the Indian contingent ...

In an ambitious bid to enhance India's foreign currency reserves, the Reserve Bank of India is urging banks to ramp up their efforts in att...

The push comes amid RBI measures to incentivise foreign currency inflows, including swap facilities and hedging cost support for FCNR(B) de...

Indian government bonds saw a significant rise on Friday. This surge was driven by a sharp decline in crude oil prices. Hopes of a breakthr...

India's foreign exchange reserves saw a dip of $711 million, settling at $681.610 billion by June 5. This decline was primarily driven by a...

State Bank of India and Bank of Baroda are stepping into uncharted territory as the inaugural users of the Reserve Bank of India's fresh su...

Bank loans are seeing a surge. Credit growth reached 17.4 percent by May 31, the highest in almost two years. This rise is driven by compan...

Bank credit saw a strong 17.44 percent growth in May. This marks the ninth straight month of double-digit expansion. Demand for loans from ...

Asian central banks are intensifying efforts to curb offshore forex speculation as external pressures like high oil prices and a strong dol...

The Reserve Bank of India has released a draft framework for bank control and assurance functions. This aims to simplify rules and boost go...

India's current account deficit is projected for FY27. However, Reserve Bank of India measures are anticipated to improve the country's ext...

The Indian bond market celebrated a notable milestone, achieving its highest closing point in seven weeks, primarily thanks to the recent d...

This comes after the Trump administration last week moved to halt ⁠a ⁠potential loophole that may have led companies to export advanced chi...

Banks will now encourage more foreign currency deposits. The Reserve Bank of India will cover all hedging costs for these deposits. This mo...