forex

MUMBAI: The country's foreign exchange reserves declined by $3.007 billion to $561.046 billion in the week ended August 26, the Reserve Bank of India (RBI) data showed. In the previous week ended August 19, the reserves had dipped by…

MUMBAI: The Indian rupee notched its biggest one-day gain in a year on Tuesday against a wobbly dollar as local equities saw a rush of foreign investor inflows. The partially convertible rupee surged 0.6% to 79.45 in its best session…

A constitutionally guaranteed right to employment has the potential to transform the lives of millions that will help build an economy that is more resilient and ecologically sustainable. In the process, it can become a critical step in…

The amendments to foreign exchange rules notified by the Centre on Monday have cleared the decks for Indian entrepreneurs and wealthy investors looking to put money in foreign fintech companies. Several technology entrepreneurs and…

The country’s foreign exchange reserves rose $2.4 billion during the week ended July 29 after declining for four consecutive weeks as foreign portfolio investors returned back to the Indian markets as net investors. “India’s foreign…

India's macroeconomic fundamentals are intact and there is no risk of the economy entering into recession or stagflation, finance minister Nirmala Sitharaman said Monday. She said the government is trying to keep inflation below 7%. "I…

Several mid-sized and small Indian companies with overseas units are facing delays in securing regulatory approvals for investments into foreign subsidiaries or payments to offshore investors, people familiar with the matter told ET. The…

The Reserve Bank of India (RBI) and the Centre could take a series of one-off measures to halt the rupee's slide. These may include curbs on imports of non-essential goods, reduction in thresholds on aggregate overseas investments by…

MUMBAI: The country's foreign exchange reserves declined by a massive $8.062 billion to $580.252 billion in the week ended July 8, according to RBIdata. In the previous week ended July 1, the reserves had dropped by $5.008 billion to…

India’s foreign exchange reserves got depleted by another $8 billion in the week ended July 8, as foreign portfolio investors continued withdrawing their investments from local equities. The change in valuation of reserves held in other…