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India’s foreign exchange reserves declined by $11.413 billion to $698.346 billion in the week ended March 20, mainly due to a sharp fall in gold reserves, according to data released by the Reserve Bank of India (RBI) on Friday, PTI reported.In the previous reporting week, the reserves had dropped by $7.052 billion to $709.759 billion.The…
India’s foreign exchange reserves declined by $6.711 billion to $717.064 billion for the week ended February 6, according to data released by the Reserve Bank of India (RBI) on Friday.In the previous reporting week, the reserves had surged by $14.361 billion to hit an all-time high of $723.774 billion.During the week ended February 6, foreign…
With gold and other assets accounting for a growing share of reserves, India’s strategy echoes steps taken by bigger holders such as China. (AI image) In a big shift for one of the top five largest economies, India’s holdings of US Treasuries have seen a drop, sliding to the lowest level in five years. The…
India’s foreign exchange reserves rose by $392 million to $687.19 billion in the week ended January 9, data released by the Reserve Bank of India (RBI) showed on Friday, PTI reported.The increase comes after a sharp decline in the previous reporting week, when the overall reserves had fallen by $9.809 billion to $686.80 billion.According to…
India’s foreign exchange reserves rose by $3.293 billion to $696.61 billion in the week ended December 26, data released by the Reserve Bank of India showed on Friday, PTI reported.The overall reserves had increased by $4.368 billion to $693.318 billion in the previous reporting week, indicating a continued strengthening of the country’s external buffer.According to…
India’s foreign exchange reserves rose sharply by $4.368 billion to $693.318 billion in the week ended December 19, data released by the Reserve Bank of India showed on Friday, PTI reported.The latest increase follows a rise of $1.689 billion in the previous week, taking the country’s overall forex buffer to its highest level in recent…
Experts are of the view that the stock market could see a year-end rally. (AI image) The story of Indian stock markets has been defined by the exodus of foreign investors in 2025. But in the last few sessions, foreign investors seem to be back on Dalal Street, with purchases of Indian equities seeing a…
India’s foreign exchange reserves rose by USD 1.033 billion to USD 687.26 billion in the week ended December 5, the Reserve Bank of India (RBI) said on Friday. This comes after the previous reporting week saw a decline of USD 1.877 billion, PTI reported. According to the RBI’s weekly statistical data, foreign currency assets —…
India’s foreign exchange reserves fell by $1.877 billion to $686.227 billion for the week ended November 28, the Reserve Bank of India (RBI) said on Friday. The decline comes after a sharper $4.472 billion drop in the previous reporting week, when overall reserves slipped to $688.104 billion, PTI reported.According to RBI data, foreign currency assets…
The Income Tax department will begin sending SMS and email alerts from November 28 to about 25,000 individuals flagged as “high-risk” for not disclosing foreign assets in their income tax returns (ITRs) for Assessment Year 2025–26, PTI reported citing sources. The cases were shortlisted on the basis of data received from foreign jurisdictions under the…
