India’s Forex Reserves Rise Again; RBI Reports $676.24 Billion Stockpile
India's forex reserves rose by $1.08 billion to $676.24 billion, supported by higher foreign currency assets, according to the latest RBI data.
Centre Caps Duty-Free Gold Imports At 100 Kg Per Licence
The Centre has tightened rules for duty-free gold imports under the advance-authorisation scheme, capping imports at 100 kg per licence and increasing compliance checks.
Gold, Silver Rates Soar Following Customs Duty Hike
Gold and silver prices surged up to 8 per cent on Wednesday after the government sharply increased import duties on precious metals to conserve foreign exchange reserves.
Centre Raises Import Duty On Gold, Silver And Platinum To Curb Forex Outflow
The government has raised customs duties on gold and silver imports to 15 per cent and increased platinum import duty to 15.4 per cent to reduce pressure on foreign exchange reserves.
Dr Rajeshwar Singh Backs India Growth Story With IMF Data; Targets SP
Dr Rajeshwar Singh cites IMF data to defend India’s growth, highlights FDI and forex gains, and criticises Samajwadi Party’s economic outlook.
India’s Gold Reserves Rise By $664 Million; Forex Reserves Fall To $709.76 Billion
India’s gold reserves rise by $664 million, while forex reserves fall to $709.76 billion as RBI intervenes to stabilise the rupee.
India’s Forex Reserves Jump By $3.51 Billion To Touch $694.23 Billion
India’s forex reserves rose by $3.51 billion to reach $694.23 billion for the week ending 29 August, according to data released by the Reserve Bank of India (RBI) on Friday.
India’s Forex Reserves Surge By $5.17 Bn To Reach $696.6 Bn
India’s foreign exchange reserves surged by $5.17 billion to reach $696.66 billion for the week ending June 6, the RBI said on Friday.
RBI Set To Transfer Record ₹2.5–3 Lakh Crore Dividend To Government; Spurs Short-Term Bond Rally
The RBI is likely to transfer a record ₹2.5–3 lakh crore dividend to the Centre, boosting government finances, analysts said.
India’s Forex Reserves Rise For Eighth Consecutive Week; Reach $688 Billion
India’s forex reserves rose by $1.983 billion to $688.129 billion in the week ending 25 April, RBI data showed.
