Showing results for "#Foreign Exchange"
ED slaps Rs 566.5 crore fine on Chennai-based firm, seizes property...
This excess amount of Rs 195 crore was parked in the accounts of two UAE-based entities (indirectly controlled by the Indian Beneficiaries) under the...
India's forex reserves sufficient to cover 11 months of projected...
The country's foreign exchange reserves last touched their all-time high in October 2021. Much of the decline after that can be attributed to a rise...
Sri Lanka cabinet approves 40% hike to minimum wage
Sri Lanka's economy collapsed in early 2022 after its foreign exchange reserves dwindled to record lows triggering soaring inflation, currency...
IndiGo Q3 profit doubles to Rs 2,998 cr
Excluding foreign exchange loss, the company’s profit stood at Rs 3,049.1 crore in the latest quarter under review compared to Rs 2,009.1 crore in the...
FDI flows jump to 21-month high in Oct
According to RBI data, the net FDI in India for October stood at $5.9 billion up from $1.55 billion in September. This is the third month in a row to...
India's forex reserves rise to 4-month high of $606.9bn
An increase in the foreign exchange reserves is good news as it helps the RBI to stabilise the rupee.
India’s GDP growth expected to accelerate in Q3 of 2023-24: RBI...
Investment demand appears to be resilient with the government’s infrastructure spending, an uptick in private capex, automation, digitalisation, and...
India's forex reserves rise by $2.6 billion
The increase comes as a welcome relief as RBI uses the country's forex reserves to stabilise the rupee when it turns volatile.
