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IFSC relaxation may boost trade in foreign stocks at the GIFT City

The Reserve Bank of India’s (RBI’s) decision on Wednesday to relax restrictions on banks operating in the International Financial Services Centre (IFSC) related to the repatriation of......

Forex reserves rise $204 mn to $532.87 bn

India's forex reserves rose by $204 million to $532.87 billion for the week ended October 7 on an increase in the value of gold holdings, the Reserve Bank said on Friday. Photograph: Mohamed......

Forex reserves drop $4.85 bn to $532.66 bn

India's forex reserves dropped by $4.85 billion to $532.66 billion as on September 30, the Reserve Bank said on Friday. Photograph: Dado Ruvic/Reuters The reserves, which have been dipping as the......

Forex reserves down by $2.23 bn to $550.87 bn

The country's foreign exchange reserves declined by $2.23 billion to stand at $550.87 billion for the week ended September 9, the Reserve Bank of India (RBI) said on Friday. Photograph: Nguyen......

Forex reserves fall $7.54 bn to $572.71 bn

The country's foreign exchange reserves declined by $7.541 billion to $572.712 billion in the week ended July 15 as the Reserve Bank continued to intervene in the market to curb the fall of the......

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