The report said the growing capital pool is crucial for funding government and corporate deficits and supporting macroeconomic stability. File | Photo Credit: Reuters State Bank of India (SBI) in its latest economic research report said that based on the current trends, net financial savings of the household sector may touch ₹22 lakh crore, or […]
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Remittances have long played a quiet but crucial role in India’s external sector balance, but in terms of policy attention, they have often been overshadowed by indicators such as foreign direct investment (FDI) and trade flows. Yet the latest data from the Reserve Bank of India (RBI)’s Sixth Round of India’s Remittances Survey, released in […]
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A recent report showed that Indian corporates are planning fewer investments in this financial year (2025) as compared to last year. | Photo Credit: The Hindu Even as Indian companies turn “cautious” on investing within the country, and the global economic scenario remains uncertain, the increased outward foreign direct investment by Indian companies “warrants attention”, […]
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The Rupee jumped 35 paise to close at 85.10 (provisional) against the U.S. dollar on May 26, 2025. File | Photo Credit: Reuters Rising for the second straight session, the Rupee jumped 35 paise to close at 85.10 (provisional) against the U.S. dollar on Monday (May 26, 2025), buoyed by a positive trend in domestic […]
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The story so far: Putting an end to much speculation, the Reserve Bank of India’s Central Board on Friday (May 23, 2025) announced that it had decided to transfer ₹2.69 lakh crore to the Central government as a surplus for the year 2024-25. This is a record high transfer, 27% higher than the ₹2.11 lakh […]
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Reserve Bank of India (RBI) approved the transfer of ₹ 2,68,590.07 crore as surplus to the Centre. File | Photo Credit: Reuters The Reserve Bank of India (RBI) on Friday (May 23, 2025) approved the transfer of ₹2,68,590.07-crore as surplus to the Central Government for the accounting year 2024-25. Under the the Chairmanship of RBI Governor Sanjay […]
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U.S. President Donald Trump signs a document in the Oval Office at the White House in Washington, U.S. File photo | Photo Credit: REUTERS A proposal by the Donald Trump administration to levy a 5% tax on remittances to other countries could hurt India in particular, as the United States is the largest source of […]
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Image used for representational purposes only. File | Photo Credit: Reuters The rupee pared its initial losses and settled for the day higher by 17 paise at 85.41 (provisional) against the U.S. dollar on Friday (May 9, 2025), as likely intervention by the Reserve Bank of India helped contain excess depreciation of the rupee. Foreign […]
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Inflation: Pulses put on display for sale at wholesale grocery market Khari Baoli, Delhi | Photo Credit: Sushil Kumar Verma The latest annual report released by the RBI highlights the factors and disruptors that heightened inflation levels worldwide. It also identifies the specific commodities that affected inflation across different components, like food, fuel and core […]
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Representational image only. | Photo Credit: Reuters The Reserve Bank of India’s (RBI) rate-setting panel on April 3 started its three-day meeting amid expectations that the Central bank may go for 25 basis points hike in benchmark interest rate, probably the last in the current monetary tightening cycle that began in May 2022. Reserve Bank […]
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