Economy National
Reserve Bank of India Governor Sanjay Malhotra has said the rupee is not overvalued and may now be undervalued after its recent fall against the U.S. dollar. His remarks come as the currency faces pressure from the West Asia crisis, higher crude prices and concerns over India’s external balance. Rupee Depreciation Brings Valuation Debate Malhotra […]
Economy National
India’s foreign direct investment inflows rose sharply to $7.7 billion, signalling a recovery after a weak phase in foreign capital flows. However, economists and analysts remain cautious about the near-term outlook because of global uncertainty, especially the continuing West Asia crisis. India FDI Inflows Recover After Weak Phase The latest FDI numbers show a clear […]
Economy National
Veteran banker Uday Kotak has warned that India must prepare for a possible economic shock from the ongoing US-Iran conflict, saying the impact of higher oil prices and global instability may soon become more visible. Uday Kotak Warns India Inc Speaking at the CII Annual Business Summit 2026, Kotak said the direct impact of the […]
Economy National
RBI Moves 104 Tonnes Of Gold To India The Reserve Bank of India has shifted another 104.23 metric tonnes of gold to domestic vaults in the six months ended March 2026, increasing the share of gold in India’s foreign exchange reserves as global bullion prices remained strong. RBI Gold Holdings Rise Marginally The central bank’s […]
Economy National
India is projected to rank as the world’s sixth-largest economy in nominal dollar terms in the IMF’s latest outlook, slipping behind the United Kingdom after previously moving ahead of it. The change appears to be driven more by statistical revisions and currency movement than by any sharp weakening in India’s underlying growth story. India Economy […]
Economy National
The Indian rupee is expected to remain under pressure near record lows despite some relief from falling oil prices, as maturing non-deliverable forward positions and capital outflows continue to drive dollar demand. The Reserve Bank of India was seen intervening through state-run banks to limit further losses, helping the rupee hold just above its weakest-ever […]
Economy National
The rupee fell 20 paise to 93.73 against the US dollar in early trade on Tuesday, reflecting continued pressure on the Indian currency from higher crude oil prices, persistent foreign fund outflows and a firm American dollar. The decline came after the rupee had already touched record low levels in recent sessions as the West […]
Economy National
The rupee fell 31 paise to 92.32 against the US dollar in early trade on Thursday, hitting a fresh record low as rising crude oil prices and broader risk aversion weighed heavily on the Indian currency. The sharp move came amid renewed pressure on emerging market assets after energy markets reacted to escalating tensions in […]