News for 'Depreciation Reserve Fund'

Forex reserves swell by $2.91 bn to $564.06 bn

Forex reserves swell by $2.91 bn to $564.06 bn

Rediff.com16 Dec 2022

India's forex reserves rose by $2.908 billion to $564.06 billion for the week ended on December 9, according to the Reserve Bank data released on Friday. In the previous reporting week, the overall reserves had soared by $11 billion to $561.16 billion. This is the fifth consecutive week of an increase in the reserves.

Forex reserves fall $897 mn to $572.978 bn

Forex reserves fall $897 mn to $572.978 bn

Rediff.com12 Aug 2022

The country's foreign exchange reserves declined $897 million to $572.98 billion in the week ended August 5, according to the Reserve Bank of India (RBI). In the previous week ended July 29, the reserves had risen $2.31 billion to $573.87 billion. In the week ended August 5, the fall in the foreign exchange reserves was due to a dip in the Foreign Currency Assets (FCA), a major component of the overall reserves, as per the Weekly Statistical Supplement released by RBI on Friday.

Forex reserves decline by $1.42 billion

Forex reserves decline by $1.42 billion

Rediff.com4 Mar 2022

India's forex reserves declined by $1.42 billion to $631.53 billion for the week ended in February 25 due to a dip in currency assets, according to the Reserve Bank data released on Friday. The overall reserves had increased by $2.76 billion to $632.95 billion in the previous reporting week. During the reporting week, the foreign currency assets (FCA) declined by $2.23 billion to $564.83 billion.

Forex reserves rise $204 mn to $532.87 bn

Forex reserves rise $204 mn to $532.87 bn

Rediff.com14 Oct 2022

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. In the previous reporting week, the overall reserves had dropped by $4.85 billion to $532.66 billion. The reserves had been falling for many weeks now as the central bank deploys the kitty to defend the rupee amid pressures caused majorly by global developments.

Adani Group cash reserves rise 13.7% to Rs 45,895 cr

Adani Group cash reserves rise 13.7% to Rs 45,895 cr

Rediff.com14 Dec 2023

Adani group companies have reported a 13.7 per cent rise in cash reserve to Rs 45,895 crore in the first half of the current fiscal as earnings across the business rose while debt was almost unchanged. In the half-year credit performance report, Adani said while EBITDA rose to Rs 71,253 crore in April-September this fiscal from Rs 57,219 crore a year back, gross assets increased 6 per cent to about Rs 4.5 lakh crore. Gross debt was almost unchanged at Rs 2.26 lakh crore, but after considering cash reserves, the net debt at Rs 1.80 lakh crore was 3.6 per cent less than Rs 1.87 lakh crore in April-September 2022.

India Inc Biggies Plan To Invest $800 Bn

India Inc Biggies Plan To Invest $800 Bn

Rediff.com15 Oct 2024

Roughly 40% of this projected outlay is expected to go towards emerging industries, including green hydrogen, clean energy, semiconductors, and electric vehicles.

Forex reserves rise to $631.95 bn

Forex reserves rise to $631.95 bn

Rediff.com11 Feb 2022

The country's foreign exchange reserves increased by $2.19 billion to $631.95 billion in the week ended February 4, RBI data showed. In the previous week ended January 28, the reserves had declined by $4.53 billion to $629.76 billion. It touched a lifetime high of $642.45 billion in the week ended September 3, 2021.

Rupee loses 10% vs USD over a year, FX reserves fall to near 2-yr low

Rupee loses 10% vs USD over a year, FX reserves fall to near 2-yr low

Rediff.com27 Sep 2022

The rupee has depreciated 9.7 per cent against the US dollar over a year and with the RBI stemming the rupee's weakness through dollar sales, its reserves have dropped to their lowest levels since October, 2020. The fall in reserves has widespread implications.

Forex reserves fall $8.06 bn to $580.25 bn

Forex reserves fall $8.06 bn to $580.25 bn

Rediff.com15 Jul 2022

The country's foreign exchange reserves declined by a massive $8.062 billion to $580.252 billion in the week ended July 8, according to RBI data. In the previous week ended July 1, the reserves had dropped by $5.01 billion to $588.31 billion. During the reporting week ended July 8, the decrease in the reserves was on account of a fall in the Foreign Currency Assets (FCA), a major component of the overall reserves, and in the gold reserves, RBI said.

Forex reserves fall to $634.29 bn

Forex reserves fall to $634.29 bn

Rediff.com28 Jan 2022

The country's foreign exchange reserves declined by $678 million to $634.29 billion in the week ended January 21, according to RBI data. In the previous week ended January 14, the reserves had increased by $2.23 billion to $634.96 billion. It touched a lifetime high of $642.45 billion in the week ended September 3, 2021.

FPI flows stumble on trail, edge closer to precipice

FPI flows stumble on trail, edge closer to precipice

Rediff.com18 Nov 2024

After a brutal selloff since October, foreign portfolio investor (FPI) flows for the year-to-date (YTD) in 2024 have turned negative. In early September, YTD FPI investments peaked at a record Rs 22,000 crore ($2.6 billion). This wave of selling has also pulled down benchmark indices, with the Nifty's YTD returns declining to 11 per cent from their high of 21 per cent in September.

Forex reserves rise $4.23 bn to $597.51 bn

Forex reserves rise $4.23 bn to $597.51 bn

Rediff.com27 May 2022

India's forex reserves increased by $4.23 billion to $597.51 billion for the week ended May 20 on the back of a high accretion of core currency assets, according to RBI data. The country's foreign exchange reserves had declined by $2.68 billion to $593.28 billion in the previous reporting week ended May 13. During the reporting week, the rise in the reserves was mainly on account of an increase in Foreign Currency Assets (FCA), a major component of the overall reserves, and gold reserves, as per weekly data released by Reserve Bank of India (RBI) on Friday.

Forex reserves up by $3.85 bn to $601.36 bn

Forex reserves up by $3.85 bn to $601.36 bn

Rediff.com3 Jun 2022

The country's foreign exchange reserves increased by $3.85 billion to $601.36 billion in the week ended May 27, according to RBI data. In the previous week, the reserves rose by $4.23 billion to $597.51 billion. During the reporting week, the rise in forex reserves was due to an increase in the Foreign Currency Assets (FCA) and the gold reserves, according to the Weekly Statistical Supplement released by the Reserve Bank of India (RBI) on Friday.

Forex reserves dip by $5.87 bn to $590.59 bn

Forex reserves dip by $5.87 bn to $590.59 bn

Rediff.com24 Jun 2022

The country's foreign exchange reserves declined by $5.87 billion to $590.59 billion in the week ended on June 17, the RBI data showed. In the previous week ended on June 10, the reserves had dropped by $4.6 billion to $596.46 billion. In the reporting week, the forex reserves fell due to a dip in foreign current assets (FCAs), a major component of the overall reserves, and also in gold reserves, the data showed.

Gold set to extend record run; may hit Rs 90,000 in 2025

Gold set to extend record run; may hit Rs 90,000 in 2025

Rediff.com31 Dec 2024

Gold, a safe-haven bet, is likely to continue its record-smashing journey in the New Year, rising to Rs 85,000 per 10 grams and even Rs 90,000 level in domestic markets if geopolitical tensions and global economic uncertainties continue.

Forex reserves down $3.27 bn to $600.42 bn

Forex reserves down $3.27 bn to $600.42 bn

Rediff.com29 Apr 2022

The country's foreign exchange reserves decreased by $3.27 billion to $600.42 billion in the week ended April 22, RBI data showed. In the previous week, the reserves had declined by $311 million to $603.69 billion. During the reporting week, the fall in the reserves was on the account of a decline in the Foreign Currency Assets (FCA), a major component of the overall reserves, and gold reserves, Reserve Bank of India's (RBI) weekly data released on Friday showed.

Forex reserves down by $306 mn at $601.06 bn

Forex reserves down by $306 mn at $601.06 bn

Rediff.com10 Jun 2022

After rising for two consecutive weeks, the country's foreign exchange reserves declined by $306 million to $601.06 billion in the week ended June 3, according to RBI data. In the previous week, the reserves had increased by $3.85 billion to $601.36 billion. It had risen by $4.23 billion to $597.51 billion in the week ended May 20.

Forex reserves slump by $2.68 billion to $593.28 billion

Forex reserves slump by $2.68 billion to $593.28 billion

Rediff.com20 May 2022

India's foreign exchange (forex) reserves declined by $2.68 billion to $593.28 billion for the week ended May 13, the Reserve Bank of India (RBI) data showed on Friday. This is the 10th weekly drop in the country's foreign exchange reserves. During the week ended on May 6, the forex reserves had dipped by $1.77 billion.

Forex reserves rise by $2.73 bn to $593.32 bn

Forex reserves rise by $2.73 bn to $593.32 bn

Rediff.com1 Jul 2022

The country's foreign exchange reserves increased by $2.73 billion to $593.32 billion for the week ended June 24 on the back of a surge in the core currency assets, the Reserve Bank of India (RBI) said on Friday. In the previous reporting week, the overall reserves had declined by $5.87 billion to $590.59 billion. In the week ended June 24, the forex reserves swelled due to an increase in Foreign Currency Assets (FCAs), a major component of the overall reserves, and also in gold reserves, RBI said.

India's forex kitty jumps $10.47 bn to $636.09 bn

India's forex kitty jumps $10.47 bn to $636.09 bn

Rediff.com15 Mar 2024

India's forex kitty jumped by $10.47 billion to $636.09 billion for the week ended March 8, the Reserve Bank said on Friday. In the previous reporting week, the overall reserves had risen by $6.55 billion to $625.63 billion. In October 2021, the country's forex kitty had reached an all-time high of $645 billion.

Forex reserves fall $5.01 bn to $588.31 bn

Forex reserves fall $5.01 bn to $588.31 bn

Rediff.com8 Jul 2022

The country's foreign exchange reserves declined by $5.01 billion to $588.31 billion in the week ended July 1, according to RBI data released on Friday. In the previous week ended June 24, the reserves had increased by $2.73 billion to $593.32 billion. During the reporting week ended July 1, the fall in the foreign exchange reserves was due to a dip in Foreign Currency Assets (FCA), a major component of the overall reserves, and also in the gold reserves.

Forex reserves decline $77 mn to $635.83 bn

Forex reserves decline $77 mn to $635.83 bn

Rediff.com17 Dec 2021

Declining for the third consecutive week, India's forex reserves dipped by $77 million to reach $635.83 billion for the week ended December 10, RBI data showed on Friday. In the previous week, the reserves had slid by $1.78 billion to $635.90 billion. In the reporting week ended December 10, the dip in the forex kitty was on account of a decline in foreign currency assets (FCA), a major component of the overall reserves.

Govt borrowing cut expectations fade as coalition govt takes shape

Govt borrowing cut expectations fade as coalition govt takes shape

Rediff.com6 Jun 2024

The expectations of a borrowing cut by the government faded among bond-market participants after the general election results because they feel the compulsions of running a coalition may put pressure on the exchequer, according to dealers. The recent trend of moderate depreciation in the rupee's nominal effective exchange rate (NEER) might not persist if there are significant changes to the structural reform agenda.

Forex reserves decline $9.65 bn to $622.27 bn

Forex reserves decline $9.65 bn to $622.27 bn

Rediff.com18 Mar 2022

The country's foreign exchange reserves declined $9.65 billion to $622.27 billion in the week ended March 11, according to the latest data from the RBI. In the previous week ended March 4, the reserves rose $394 million to $631.92 billion. It touched a lifetime high of $642.45 billion in the week ended September 3, 2021.

Forex reserves rise by $394 mn to $631.92 bn

Forex reserves rise by $394 mn to $631.92 bn

Rediff.com11 Mar 2022

The country's foreign exchange reserves increased by $394 million to $631.92 billion in the week ended March 4, the RBI data showed. In the previous week ended February 25, the reserves had declined by $1.425 billion to $631.527 billion. It touched a lifetime high of $642.453 billion in the week ended September 3, 2021.

Forex reserves down by $2.03 bn to $617.648 bn

Forex reserves down by $2.03 bn to $617.648 bn

Rediff.com1 Apr 2022

Continuing their downward trajectory for the third consecutive week, the country's foreign exchange reserves declined by $2.03 billion to stand at $617.648 billion in the week ended March 25, RBI data showed on Friday. In the week ended March 18, the forex kitty had declined by $2.60 billion to $619.68 billion. It had plunged by $9.65 billion to $622.27 billion in the week ended March 11.

Forex reserves down $1.14 bn to $640.87 bn

Forex reserves down $1.14 bn to $640.87 bn

Rediff.com12 Nov 2021

India's forex reserves decreased by $1.145 billion to $640.874 billion for the week ended on November 5 on a fall in currency and gold assets, the Reserve Bank said on Friday. The overall reserves had increased by $1.919 billion to $642.019 billion for the previous reporting week. Foreign currency assets, a major part of the overall reserves, decreased by $881 million to $577.581 billion for the reporting week, the RBI said in the weekly data.

Forex reserves fall $7.54 bn to $572.71 bn

Forex reserves fall $7.54 bn to $572.71 bn

Rediff.com22 Jul 2022

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 rupee. In the previous week ended July 8, the reserves shrunk by $8.06 billion to $580.25 billion, the Reserve Bank of India (RBI) data showed on Friday. On Friday, the rupee fell by 5 paise to close at 79.90 against the US dollar.

Forex reserves decline $763 mn to $640.11 bn

Forex reserves decline $763 mn to $640.11 bn

Rediff.com19 Nov 2021

The country's foreign exchange reserves declined by $763 million to $640.11 billion in the week ended November 12, RBI data showed. In the previous week ended November 5, the reserves had decreased by $1.14 billion to $640.87 billion. It touched a lifetime high of $642.45 billion in the week ended September 3, 2021.

Forex reserves down by $878 mn to $632.736 bn

Forex reserves down by $878 mn to $632.736 bn

Rediff.com14 Jan 2022

The country's foreign exchange reserves declined by $878 million to stand at $632.74 billion in the week ended January 7, RBI data showed on Friday. In the previous week ended December 31, the reserves had dropped by $1.47 billion to $633.61 billion. It had touched a lifetime high of $642.45 billion in the week ended September 3, 2021.

Forex reserves jump by $2.76 bn to $632.95 bn

Forex reserves jump by $2.76 bn to $632.95 bn

Rediff.com25 Feb 2022

The country's foreign exchange reserves increased by $2.76 billion to $632.95 billion for the week ended February 18 on a healthy rise in the value of gold reserves and core currency assets, the RBI said on Friday. In the previous reporting week, the overall reserves had declined by $1.76 billion to $630.19 billion. During the reporting week, the rise in overall reserves was on account of an increase in the foreign currency assets (FCA), a major component of the overall reserves, the Reserve Bank of India's (RBI) weekly data released on Friday showed.

Forex reserves decline $1.78 bn to $635.91 bn

Forex reserves decline $1.78 bn to $635.91 bn

Rediff.com10 Dec 2021

India's foreign exchange reserves declined for the second consecutive week, ending $1.78 billion down at $635.91 billion for the week ended December 3, RBI data showed on Friday. In the previous week, the reserves had slid by $2.71 million to $637.68 billion. In the reporting week ended December 3, the dip in the forex kitty was mainly on account of a decline in foreign currency assets (FCA), a major component of the overall reserves.

Forex reserves down by $4.53 bn to $629.75 bn

Forex reserves down by $4.53 bn to $629.75 bn

Rediff.com4 Feb 2022

The country's foreign exchange reserves declined by $4.53 billion to stand at $629.75 billion in the week ended January 28, RBI data showed on Friday. In the previous week ended January 21, the reserves had decreased by $678 million to $634.29 billion. It touched a lifetime high of $642.45 billion in the week ended September 3, 2021.

Forex reserves decrease by $587 mn to $635.08 bn

Forex reserves decrease by $587 mn to $635.08 bn

Rediff.com31 Dec 2021

India's forex reserves decreased by $587 million to $635.08 billion for the week ended December 24, the RBI said on Friday. In the previous week ended December 17, the overall reserves had decreased by $160 million to $635.67 billion. The kitty had touched a lifetime high of $642.45 billion in the week ended September 3, 2021.

Forex reserves down by $1.76 bn to $630.19 bn

Forex reserves down by $1.76 bn to $630.19 bn

Rediff.com18 Feb 2022

The country's foreign exchange reserves declined by $1.76 billion to $630.19 billion in the week ended on February 11, the RBI data showed. In the previous week ended February 4, the reserves had risen by $2.2 billion to $631.95 billion. It touched a lifetime high of $642.45 billion in the week ended on September 3, 2021.

Forex reserves dip by $160 mn to $635.67 bn

Forex reserves dip by $160 mn to $635.67 bn

Rediff.com24 Dec 2021

The country's foreign exchange reserves declined by $160 million to stand at $635.667 billion in the week to December 17, RBI data showed on Friday. In the previous week ended December 10, the reserves had decreased by $77 million to $635.828 billion. It touched a lifetime high of $642.453 billion in the week ended September 3, 2021.

Forex reserves slide $11.17 bn; steepest fall in a week

Forex reserves slide $11.17 bn; steepest fall in a week

Rediff.com8 Apr 2022

In the steepest weekly fall ever, India's forex reserves slid by $11.17 billion to $606.47 billion as the currency came under pressure due to geopolitical developments, according to the Reserve Bank data released on Friday. For the previous reporting week ended March 25, the overall reserves had slid by $2.03 billion to $617.65 billion. The steep fall in the reserves was because of a decline in the core currency assets, which fell by $10.73 billion to $539.73 billion.

Forex reserves down by $1.47 bn to $633.61 bn

Forex reserves down by $1.47 bn to $633.61 bn

Rediff.com7 Jan 2022

The country's foreign exchange reserves declined by $1.47 billion to $633.61 billion in the week ended December 31, RBI data showed. In the previous week ended December 24, the reserves dipped by $587 million to $635.08 billion. It touched a life-time high of $642.45 billion in the week ended September 3, 2021.

Forex reserves up by $2.23 bn to $634.96 bn

Forex reserves up by $2.23 bn to $634.96 bn

Rediff.com21 Jan 2022

The country's foreign exchange reserves grew by $2.23 billion to $634.96 billion in the week ended January 14, RBI data showed. In the previous week ended January 7, the reserves had declined by $878 million to $632.74 billion. It touched a lifetime high of $642.45 billion in the week ended September 3, 2021.

Forex reserves down by $2.713 mn to $637.687 bn

Forex reserves down by $2.713 mn to $637.687 bn

Rediff.com3 Dec 2021

The country's foreign exchange reserves declined by $2.71 billion to $637.69 billion in the week to November 26, RBI data showed. In the previous week ended November 19, the reserves had increased by $289 million to $640.40 billion. It touched a lifetime high of $642.45 billion in the week ended September 3, 2021.