New Delhi — India’s foreign exchange reserves declined by USD 2.699 billion, falling to USD 687.034 billion for the week ending November 7, according to the Reserve Bank of India’s (RBI) latest Weekly Statistical Supplement. The drop was primarily driven by a fall in foreign currency assets (FCA) and gold reserves. The forex reserves have […]
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New Delhi – The Reserve Bank of India (RBI) on Tuesday announced a notable improvement in the country’s Financial Inclusion Index (FI-Index), which rose by 4.3% to reach a value of 67 for the year ending March 2025, compared to 64.2 in March 2024. The FI-Index, developed by the RBI in consultation with stakeholders including […]
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New Delhi, July 11, 2025:The Reserve Bank of India (RBI) on Friday released draft guidelines aimed at simplifying the closure process for small-value export shipping bills within the Export Data Processing and Monitoring System (EDPMS). These draft norms are part of RBI’s efforts to reduce compliance burden for exporters, particularly those dealing with low-value shipments. […]
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TIT Correspondent info@impressivetimes.com NEW DELHI, 02 JULY: In a landmark move to counter rising cyber-enabled financial frauds, the Reserve Bank of India (RBI) has issued an advisory mandating all Scheduled Commercial Banks, Small Finance Banks, Payments Banks, and Co-operative Banks to integrate the Financial Fraud Risk Indicator (FRI) developed by the Department of Telecommunications (DoT). […]
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New Delhi : India is poised to retain its position as the world’s fastest-growing major economy in the financial year 2025–26, according to the Reserve Bank of India’s (RBI) annual report released on Friday. The central bank highlighted several positive economic indicators that underpin this optimistic projection, including robust private consumption, a stable financial ecosystem, […]
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New Delhi : India’s total exports surged to a historic high of $824.9 billion in the financial year 2024–25, according to the latest data released by the Reserve Bank of India (RBI). This figure includes updated services trade data for March 2025, and marks a 6.01 percent increase over the previous year’s total exports of […]
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New Delhi : The Reserve Bank of India (RBI) on Wednesday unveiled its first monetary policy decision for the financial year 2025–26 (FY26) against the backdrop of heightened global trade tensions and emerging macroeconomic headwinds. The three-day Monetary Policy Committee (MPC) meeting, chaired by newly appointed RBI Governor Sanjay Malhotra, concluded today, with the policy […]
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New Delhi : The Indian stock market witnessed a sharp decline at the opening bell on Tuesday, March 11, as major indices and sectoral stocks fell into negative territory. The downturn was driven by a significant sell-off in IT, mid and small-cap IT, telecom, and financial services stocks, reflecting weak investor sentiment and cautious trading […]
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New Delhi : Despite persistent foreign portfolio investor (FPI) outflows and mounting global economic pressures, the Indian Rupee demonstrated resilience in February, avoiding sharp depreciation. A report by the Bank of Baroda attributes this stability to a relatively steady US dollar and strategic interventions by the Reserve Bank of India (RBI). The report highlights that […]
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New Delhi : Indian benchmark indices opened in negative territory on Tuesday, March 4, 2025, tracking weak global cues and investor concerns over economic uncertainties. The 30-share BSE Sensex dropped 268.6 points or 0.36% to open at 73,085.94, while the NSE Nifty 50 fell 144.85 points or 0.65% to slip below the crucial 22,000-mark, opening […]
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