The Reserve Bank of India is expected to inject liquidity of around Rs 1.5 lakh crore to Rs 2.5 lakh crore during the first quarter (January-March) of calendar year 2026 through open market operations (OMOs), according to a report by HSBC Asset Management.
Bengaluru (Karnataka) [India], December 24: For decades, Indian exporters have quietly absorbed high foreign exchange (FX) costs as an unavoidable part of global trade. While Indian products, services, and talent became globally competitive, the infrastructure supporting cross-border payment
Global central banks are gradually diversifying their foreign exchange reserves away from the US dollar and the euro, increasing exposure to other currencies and gold, highlighted a report by CareEdge Ratings.
India has the potential to become a preferred global destination for data centres, supported by a strong and integrated national power grid and a transformed energy sector, Commerce and Industry Minister Piyush Goyal said Monday, during a media interaction.
India's foreign exchange reserves rose marginally, by USD 1.033 billion in the week that ended December 5 to USD 687.260 billion, driven by a jump in gold reserves, the Reserve Bank of India's latest 'Weekly Statistical Supplement' data showed.
Global credit rating agency Fitch Ratings on Thursday flagged that failure to sufficiently hedge foreign-exchange (FX) exposure could exert pressure on credit ratings for certain Indian corporates, particularly those with significant vulnerability to rupee depreciation.
The Enforcement Directorate (ED) has seized 13 bank accounts having a balance of Rs 54.82 crore of Anil Ambani's Reliance Infrastructure Ltd under Section 37A of the Foreign Exchange Management Act (FEMA), 1999, for contraventions under Section 4 of the Foreign Exchange Management Act (FE
The International Monetary Fund (IMF) has approved an immediate disbursement of USD1 billion to Pakistan under the Extended Fund Facility (EFF) and around USD 200 million under the Resilience and Sustainability Facility (RSF), bringing total disbursements to nearly USD 1.2 billion.
India's foreign exchange reserves declined by USD 1.877 billion in the week that ended November 28 to USD 686.227 billion, according to the latest weekly data released by the Reserve Bank of India (RBI).
Union Commerce and Industry Minister Piyush Goyal on Wednesday said the Indian economy remains on a solid footing, saying the country has seen the lowest-ever inflation in the last few months and foreign exchange reserves continue to be strong.
New Delhi [India], December 2: Orient Exchange, one of India's most trusted RBI-authorised foreign exchange providers, has launched a traveller-friendly Buy Back Guarantee offer, allowing customers to return unused foreign currency at the same rate they purchased it. This benefit shields tra
Analysts attribute the tightening to a combination of seasonal currency leakage, muted government spending, tax outflows, and most notably, heavy unsterilized foreign exchange intervention by the RBI.