News for 'apex bank'

Forex kitty reaches new high of $648.7 bn

Forex kitty reaches new high of $648.7 bn

Rediff.com24 May 2024

India's forex reserves jumped $4.54 billion to a new all-time high of $648.7 billion for the week ended May 17, the Reserve Bank said on Friday. This is the third consecutive week of increase in the overall kitty, which had increased by $2.56 billion to $644.15 billion in the previous reporting week ended May 17.

Vice-Presidential election: Stage set for 'south versus south' battle

Vice-Presidential election: Stage set for 'south versus south' battle

Rediff.com22 Aug 2025

The stage is set for a direct contest between NDA nominee C P Radhakrishnan and joint opposition candidate B Sudershan Reddy for the September 9 vice-presidential election. Nominations have been scrutinized and accepted.

Forex reserves drop $1.31 bn to $656.5 bn

Forex reserves drop $1.31 bn to $656.5 bn

Rediff.com29 Nov 2024

India's forex reserves dropped $1.31 billion to $656.58 billion for the week ended November 22, the Reserve Bank of India (RBI) said. The kitty had dropped a record $17.76 billion to $657.89 billion in the previous reporting week ending November 15.

Export units at Tirupur, Noida, Surat halt production amid high US tariffs

Export units at Tirupur, Noida, Surat halt production amid high US tariffs

Rediff.com26 Aug 2025

Apex exporters body FIEO on Tuesday expressed serious concerns over high US tariffs on Indian goods and said that textiles and apparel manufacturers in Tirupur, Noida, and Surat have halted production amid worsening cost competitiveness due to these steep duties. The US duties on Indian goods will increase to 50 per cent from August 27.

Forex reserves drop $2.41 bn to $637.92 bn

Forex reserves drop $2.41 bn to $637.92 bn

Rediff.com3 May 2024

India's forex reserves dropped $2.412 billion to $637.922 billion as on April 26, in the third consecutive weekly decline in the reserves, the Reserve Bank of India (RBI) said on Friday. In the previous reporting week, the overall reserves had declined $2.28 billion to $640.33 billion. For the week ended April 5, the reserves had hit an all-time high of $648.562 billion following multiple weeks of increases.

Forex kitty jumps $12.59 bn to hit record high of $704.88 bn

Forex kitty jumps $12.59 bn to hit record high of $704.88 bn

Rediff.com4 Oct 2024

India's forex reserves jumped by $12.59 billion to a new all-time high of $704.88 billion for the week ended September 27, the Reserve Bank said on Friday. The overall kitty had swelled by $2.84 billion to $692.3 billion in the previous reporting week. The $12.588 billion would be one of the highest weekly rises ever and this is the first time the reserves have crossed the $700 billion mark.

Forex kitty drops by $2.67 bn to $682.13 bn

Forex kitty drops by $2.67 bn to $682.13 bn

Rediff.com8 Nov 2024

India's forex reserves declined by $2.67 billion to $682.13 billion for the week ended November 1, the RBI said on Friday. In the previous reporting week, the overall reserves had dropped by $3.46 billion to $684.805 billion.

Forex reserves jump by $2.97 bn to $619 bn

Forex reserves jump by $2.97 bn to $619 bn

Rediff.com1 Mar 2024

India's forex reserves jumped by $2.97 billion to $619.07 billion for the week ended February 23, the Reserve Bank said on Friday. In the previous reporting week, the overall reserves had dropped by $1.13 billion to $616.10 billion. For the week ending February 23, the foreign currency assets, a major component of the reserves, increased by $2.40 billion to $548.19 billion.

Forex kitty rises by $6.40 bn to $642.50 bn

Forex kitty rises by $6.40 bn to $642.50 bn

Rediff.com22 Mar 2024

India's forex reserves increased by $6.4 billion to $642.49 billion for the week ended March 15, the Reserve Bank said on Friday. In the previous reporting week, the overall reserves had risen by $10.47 billion to $636.09 billion. In October 2021, the country's forex kitty had reached an all-time high of $645 billion.

Assam scribe held in second case after securing bail

Assam scribe held in second case after securing bail

Rediff.com28 Mar 2025

Assam journalist Dilwar Hussain Mozumder was arrested for a second time on Thursday after being granted bail in a previous case where he was accused of attempting to steal bank documents. The arrest came after Mozumder questioned the Managing Director of the Assam Cooperative Apex Bank Limited about alleged financial irregularities. Assam Chief Minister Himanta Biswa Sarma claimed that Mozumder is not a "recognized journalist" as the government only recognizes journalists from print and electronic media.

India's forex kitty jumps to all-time high of $645.58 bn

India's forex kitty jumps to all-time high of $645.58 bn

Rediff.com6 Apr 2024

India's foreign exchange reserves increased $2.95 billion to $645.58 billion for the week ended March 29, the Reserve Bank of India (RBI) said on Friday. This is the sixth consecutive week of a jump in overall reserves. The kitty had increased $140 million to $642.63 billion in the previous reporting week.

Forex reserves drop $4.8 bn to $670.11 bn

Forex reserves drop $4.8 bn to $670.11 bn

Rediff.com16 Aug 2024

India's forex reserves dropped by $4.8 billion to $670.12 billion for the week ended August 9, the Reserve Bank of India said on Friday. In the previous reporting week, the kitty jumped by $7.53 billion to an all-time high of $674.92 billion.

Forex kitty jumps $2.98 bn to new high of $648.562 bn

Forex kitty jumps $2.98 bn to new high of $648.562 bn

Rediff.com12 Apr 2024

India's forex reserves jumped by $2.98 billion to a fresh peak of $648.56 billion for the week ended April 5, the RBI said on Friday. In the previous reporting week, the forex kitty had increased by $2.951 billion to $645.583 billion, which was an all-time high. In September 2021, the country's forex kitty reached an all-time high of $642.453 billion, a level that was breached in March this year.

India's forex kitty drops $2.28 bn to $640.33 bn

India's forex kitty drops $2.28 bn to $640.33 bn

Rediff.com26 Apr 2024

India's forex reserves decreased $2.282 billion to $640.33 billion for the seven days ended April 19 in the second consecutive week of drop in the kitty, the Reserve Bank of India (RBI) said on Friday. The reserves had dropped $5.40 billion to $643.16 billion in the previous reporting week, ending a multi-week trend of an increase, which also saw the overall reserves touching a new all-time high of $$648.56 billion for the week ended April 5.

Forex reserves jump $2.3 billion to fresh record of $683.99 billion

Forex reserves jump $2.3 billion to fresh record of $683.99 billion

Rediff.com6 Sep 2024

India's forex reserves jumped by $2.3 billion to a new high of $683.99 billion for the week ended on August 30, according to the RBI data release on Friday. In the previous reporting week, the forex reserves had jumped by $7.02 billion to a high of $681.69 billion.

Will India's forex kitty swell to a new record high?

Will India's forex kitty swell to a new record high?

Rediff.com5 Jan 2024

India's forex reserves jumped by $ 2.76 billion to $ 623.2 billion in the week ended December 29, the Reserve Bank said on Friday. In the previous reporting week, the overall reserves had increased by $4.47 billion to $620.44 billion. In October 2021, the country's forex kitty had reached an all-time high of $ 645 billion.

Forex reserves jump $2.82 bn to $606.86 bn

Forex reserves jump $2.82 bn to $606.86 bn

Rediff.com15 Dec 2023

India's forex reserves jumped $2.816 billion to $606.86 billion in the week ended December 8, the Reserve Bank of India (RBI) said on Friday. In the previous reporting week, the overall reserves had risen $6.11 billion to $604.04 billion. It can be noted that in October 2021, the country's forex kitty had reached an all-time high of $645 billion.

How India Spends: A Revealing Story

How India Spends: A Revealing Story

Rediff.com19 Aug 2025

Nearly 7 out of every 10 P2M UPI transactions take place in high frequency categories like groceries, restaurants, pharmacies, fuel service stations, bakeries and utility services such as electricity, gas, water and sanitation.

Forex reserves jump $9.11 bn to $615.97 bn

Forex reserves jump $9.11 bn to $615.97 bn

Rediff.com22 Dec 2023

India's forex reserves jumped $9.11 billion to $615.97 billion in the week ended December 15 and the quantum of increase is one of the highest for a week, according to RBI data. In the previous reporting week, the overall reserves had risen $2.82 billion to $606.86 billion. In October 2021, the country's forex kitty reached an all-time high of $645 billion.

SC Judges Prefer Safe Investments...

SC Judges Prefer Safe Investments...

Rediff.com29 May 2025

The Supreme Court judges' filings revealed a generally conservative financial ethos, emphasising stability and long-term savings.

India's forex reserves drop by $2 bn to $646.67 bn

India's forex reserves drop by $2 bn to $646.67 bn

Rediff.com31 May 2024

India's forex reserves dropped by $2.03 billion to $646.67 billion for the week ended May 24, the Reserve Bank said on Friday. In the previous reporting week, the kitty had reached an all-time high of $648.7 billion after a jump of $4.55 billion.

Forex reserves decline by $2.36 bn to $583.53 bn

Forex reserves decline by $2.36 bn to $583.53 bn

Rediff.com27 Oct 2023

India's forex reserves declined by $2.36 billion to $583.53 billion during the week ended October 20, according to the Reserve Bank of India data. In the previous reporting week, the overall reserves had increased by $1.15 billion to $585.89 billion. In October 2021, the country's forex kitty reached an all-time high of $645 billion.

India's forex reserves decline $4.9 billion to $593.90 billion

India's forex reserves decline $4.9 billion to $593.90 billion

Rediff.com15 Sep 2023

India's forex reserves dropped by $4.992 billion to $593.904 billion for the week ended September 8, the Reserve Bank of India said on Friday. In the previous reporting week, the kitty had jumped $4.04 billion to $598.9 billion. The country's forex kitty had reached an all-time high of $645 billion in October 2021.

Forex reserves increase by $1.15 bn to $585.89 bn

Forex reserves increase by $1.15 bn to $585.89 bn

Rediff.com20 Oct 2023

After multiple weeks of decline, India's forex reserves increased by $1.15 billion to $585.89 billion during the week ended October 13, according to the RBI data. In the previous reporting week, the overall reserves had dropped by $2.17 billion to $584.74 billion. In October 2021, the country's forex kitty reached an all-time high of $645 billion.

India's forex reserves drop $30 mn to $594.86 bn

India's forex reserves drop $30 mn to $594.86 bn

Rediff.com1 Sep 2023

India's forex reserves dropped by $30 million to $594.858 billion for the week ended August 25, the Reserve Bank said on Friday. In the previous reporting week, the overall reserves had dropped by $7.27 billion to $594.89 billion. It can be noted that in October 2021, the country's forex kitty had reached an all-time high of $645 billion.

India's forex reserves drop $7.27 bn to $594.88 bn

India's forex reserves drop $7.27 bn to $594.88 bn

Rediff.com25 Aug 2023

India's forex reserves dropped by $7.27 billion to $594.89 billion for the week ended August 18, the Reserve Bank said on Friday. In the previous reporting week, the overall reserves had risen by $708 million to $602.16 billion. The country's forex kitty had reached an all-time high of $645 billion in October 2021.

HC grants pre-arrest bail to NewsClick founder, cites prolonged probe

HC grants pre-arrest bail to NewsClick founder, cites prolonged probe

Rediff.com24 Jul 2025

The court said there is nothing on record to suggest that since 2023, Purkayastha was ever called to join the investigations.

'This will only increase panic between people and dogs'

'This will only increase panic between people and dogs'

Rediff.com12 Aug 2025

The Supreme Court's order to remove stray dogs from Delhi-NCR localities has sparked mixed reactions, with RWAs welcoming the move and animal rights activists raising concerns about implementation and potential harm.

Will BCCI ban tobacco, crypto sponsorships?

Will BCCI ban tobacco, crypto sponsorships?

Rediff.com18 Mar 2025

As part of the home season, India are scheduled to host West Indies and South Africa and therefore, the members are likely to decide on the venues for the those Test series.

Forex reserves rise by $1.85 billion to $595.05 billion

Forex reserves rise by $1.85 billion to $595.05 billion

Rediff.com7 Jul 2023

India's foreign exchange reserves rose by $1.85 billion to $595.05 billion in the week ended on June 30, the Reserve Bank of India said on Friday. The overall reserve had dropped by $2.90 billion to $593.20 billion in the previous reporting week. In October 2021, the country's forex reserve had reached an all-time high of $645 billion.

Forex reserves drop $2.9 bn to $593.19 billion

Forex reserves drop $2.9 bn to $593.19 billion

Rediff.com30 Jun 2023

India's forex reserves dropped $2.901 billion to $593.19 billion in the week ended June 23, the Reserve Bank said on Friday. The overall reserves increased by $2.35 billion to $596 in the previous reporting week. It can be noted that in October 2021, the country's forex kitty had reached an all-time high of $645 billion.

India's forex reserves jump by $3.66 bn to $641.59 bn: RBI

India's forex reserves jump by $3.66 bn to $641.59 bn: RBI

Rediff.com10 May 2024

After three consecutive weeks of drop, India's forex reserves increased by $3.67 billion to $641.59 billion for the week ended May 3, the RBI said on Friday. The overall kitty dropped $2.412 billion to $637.922 billion for the previous week ended April 26.

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.

How Banks Plan To Tackle 'Mule' Fraud

How Banks Plan To Tackle 'Mule' Fraud

Rediff.com8 Aug 2024

'A mule operates someone else's account to transfer illegal money.'

India's forex kitty declines by $1.32 bn to $593.75 bn

India's forex kitty declines by $1.32 bn to $593.75 bn

Rediff.com16 Jun 2023

India's forex reserves dropped by $1.32 billion to $593.75 billion for the week ended June 9, the Reserve Bank of India said on Friday. The overall reserves had jumped by $5.93 billion to $595.07 billion for the previous reporting week. It can be noted that in October 2021, the country's forex kitty had reached an all-time high of $645 billion.

Forex kitty drops $4.34 billion to $589.14 billion

Forex kitty drops $4.34 billion to $589.14 billion

Rediff.com2 Jun 2023

Falling for the second consecutive week, India's forex reserves dropped by $4.34 billion to $589.14 billion for the week ended May 26, the Reserve Bank said on Friday. In the previous reporting week, the reserves had declined by $6.05 billion to $593.48 billion. It can be noted that in October 2021, the country's forex kitty had reached an all-time high of $645 billion.

Forex kitty swells by $12.74 bn to $609.02 billion

Forex kitty swells by $12.74 bn to $609.02 billion

Rediff.com21 Jul 2023

India's forex reserves have swelled by $12.74 billion to $609.02 billion in the week ended July 14, making it one of the strongest weekly surges in the kitty in recent times, the Reserve Bank of India said on Friday. In the previous reporting week, the overall reserves had risen by $1.23 billion to $596.28 billion. It can be noted that in October 2021, the country's forex kitty had reached an all-time high of $645 billion.

Forex kitty declines by $2.16 billion to $584.25 billion

Forex kitty declines by $2.16 billion to $584.25 billion

Rediff.com28 Apr 2023

India's forex reserves dropped by $2.164 billion to $584.248 billion for the week ended April 21, the Reserve Bank said on Friday. In the previous reporting week, the overall kitty had risen by $1.657 billion to $586.412 billion. It can be noted that in October 2021, the country's forex kitty had reached an all-time high of $645 billion.

Forex reserves rise by $1.66 bn to $586.41 bn

Forex reserves rise by $1.66 bn to $586.41 bn

Rediff.com21 Apr 2023

India's forex reserves rose by $1.66 billion to $586.41 billion as of April 14, marking their second consecutive week of increase, according to the RBI data released on Friday. In the previous reporting week, the overall reserves rose by $6.31 billion to $584.76 billion. For the week ended April 14, the foreign currency assets, a major component of the reserves, increased by $2.20 billion to $516.64 billion, according to the Weekly Statistical Supplement released by the RBI.

Forex reserves up $591 mn to $616.7 bn

Forex reserves up $591 mn to $616.7 bn

Rediff.com2 Feb 2024

India's forex reserves increased $591 million to $616.733 billion for the week ended January 26, the Reserve Bank of India (RBI) said on Friday. In the previous reporting week, the overall reserves had dropped $2.79 billion to $616.14 billion. The country's forex kitty had reached an all-time high of $645 billion in October 2021.