A USD/INR buy/sell swap auction of USD 10 billion for a tenor of 3 years is to be held on February 04, 2026. Besides, open ...

Study flags high debt, rising borrowings, welfare costs and climate risks as medium-term threats to State budgets ...

A Study of Budgets,” India’s states reported a consolidated gross fiscal deficit of 3.3% of GDP in 2024-25. The report ...

By Nimesh Vora MUMBAI, Jan 22 (Reuters) - The Reserve Bank of India has conducted more than $2 billion in FX swaps over the last two days to offset the drain in liquidity caused by spot dollar sales, ...

The Reserve Bank of India (RBI) has been a catalytic, kind, wise and eternal enabler, making UPI a public good by making it ...

By Gopika Gopakumar MUMBAI, Jan 21 (Reuters) - High-frequency indicators point to sustained growth momentum, according to the ...

Amid global uncertainties, the current state of the economy provides ground for optimism going forward and the GDP growth ...

The central government has approved significant wage and pension revisions for employees and pensioners of Public Sector ...

The Reserve Bank of India is injecting over 23 billion dollars into the banking system. This move aims to ease funding ...

The Reserve Bank of India used over $2 billion in FX swaps to ease liquidity stress and hedging costs as the rupee hit a record low.

The bulletin noted that domestic demand, reform momentum and strong activity indicators underpin India’s growth outlook even ...

By Dharamraj Dhutia MUMBAI, Jan 20 (Reuters) - Indian banks will approach the Reserve Bank of India for approval to raise ...