A potential risk to the rupee's appreciation trajectory lies in the event of a delay in the Federal Reserve's rate cut cycle, particularly if core inflation in the US remains elevated. IMAGE:......
Interrupting a two-month streak of decline, outward foreign direct investment (FDI) rose sequentially to $1.85 billion in July over $1.07 billion in June, an increase of 73 per cent. Illustration:......
India's foreign exchange reserves increased to $604 billion as on December 1, surpassing the $600 billion mark after a gap of about four months. Photograph: Kham/Reuters The forex reserves were......
'What is this cryptocurrency? Is it a product? Is it a financial product? Is it an asset?' Photograph: Kind courtesy The Digital Artist/Pixabay Shaktikanta Das, governor of Reserve Bank of India......
Seeking to prevent misuse of funds belonging to foreign investors, the Reserve Bank has proposed that transfer of such funds to the Indian entity should be allowed only through escrow mechanism......