News for 'foreign currency'

Forex reserves drop by $10.29 billion to $688.06 billion

Forex reserves drop by $10.29 billion to $688.06 billion

Rediff.com21 hours ago

India's foreign exchange reserves decreased by USD 10.288 billion to USD 688.058 billion during the week ending March 27, according to the Reserve Bank of India (RBI). This decline follows a previous decrease and comes after the reserves reached an all-time high in February.

India's forex reserves drop $7 bn to $709.76 bn

India's forex reserves drop $7 bn to $709.76 bn

Rediff.com20 Mar 2026

India's foreign exchange reserves decreased by USD 7.052 billion to USD 709.759 billion in the week ending March 13, according to the Reserve Bank of India (RBI). This decline follows a previous drop and comes after reserves reached an all-time high in February.

India's forex reserves drop $11.41 billion to $698.346 billion

India's forex reserves drop $11.41 billion to $698.346 billion

Rediff.com7 days ago

India's foreign exchange reserves decreased by USD 11.413 billion to USD 698.346 billion during the week ending March 20, primarily due to a significant reduction in gold reserves, according to the Reserve Bank of India (RBI).

India's forex reserves drop $2.1 bn to $723.6 bn

India's forex reserves drop $2.1 bn to $723.6 bn

Rediff.com27 Feb 2026

India's forex reserves decreased by $2.119 billion to $723.608 billion during the week ended February 20, according to the RBI.

Gold Reserves Drop Hit Forex Reserves

Gold Reserves Drop Hit Forex Reserves

Rediff.com7 days ago

The contraction in total reserves was driven by a fall in gold reserves, which dropped $13.49 billion to $117.19 billion during the reported week.

India's Forex Reserves Surge to a Historic Peak of $728.5 Bn

India's Forex Reserves Surge to a Historic Peak of $728.5 Bn

Rediff.com6 Mar 2026

India's foreign exchange reserves have surged to an all-time high, reaching USD 728.494 billion, according to the Reserve Bank of India. This increase is attributed to a rise in foreign currency assets and gold reserves.

India's forex reserves drop $11.68 bn to $716.81 bn

India's forex reserves drop $11.68 bn to $716.81 bn

Rediff.com13 Mar 2026

India's forex reserves dropped by $11.683 billion to $716.810 billion during the week ended March 6, the RBI said on Friday.

Uzbekistan, Kyrgyzstan Women Held in Dehradun Over Forged Indian IDs

Uzbekistan, Kyrgyzstan Women Held in Dehradun Over Forged Indian IDs

Rediff.com5 days ago

Police in Dehradun arrested two women from Uzbekistan and one from Kyrgyzstan for allegedly residing in the area with counterfeit Indian identification documents.

Delhi Police Nab Suspected LeT Handler with ISI Links

Delhi Police Nab Suspected LeT Handler with ISI Links

Rediff.com5 days ago

Delhi Police have arrested a suspected Lashkar-e-Taiba (LeT) handler, Shabir Ahmed Lone, from the Ghazipur area. He is believed to have links with Pakistan's ISI and was allegedly involved in a terror module planning attacks in India.

India's forex reserves drop $6.7 bn to $717 bn

India's forex reserves drop $6.7 bn to $717 bn

Rediff.com13 Feb 2026

India's forex reserves dropped by $6.71 billion to $717 billion during the week ended February 6, the RBI said on Friday.

Mumbai Airport Customs Seizes Rs 46 Crore Worth of Contraband

Mumbai Airport Customs Seizes Rs 46 Crore Worth of Contraband

Rediff.com4 Mar 2026

The Mumbai Customs department seized narcotics, foreign currency, gold, and precious stones worth over Rs 46 crore at the Mumbai international airport in a week.

ISI-backed Lashkar handler from J-K nabbed in Delhi; cops trace B'desh links

ISI-backed Lashkar handler from J-K nabbed in Delhi; cops trace B'desh links

Rediff.com4 days ago

Delhi Police have arrested a suspected Lashkar-e-Taiba (LeT) handler, Shabir Ahmed Lone, in Delhi, uncovering a terror module with links to Pakistan's ISI. Lone is accused of running a network involved in pasting anti-national posters and planning terror activities across India.

RBI proposes easing forex transaction norms

RBI proposes easing forex transaction norms

Rediff.com17 Feb 2026

The Reserve Bank on Tuesday proposed greater flexibility to authorised persons to undertake foreign exchange transactions for hedging their exposures, balance sheet management and market-making, as well as to ease reporting obligations, after a review of the current regulations.

Rs 64,000 Crore Investment in Coal Gasification to Cut Energy Imports

Rs 64,000 Crore Investment in Coal Gasification to Cut Energy Imports

Rediff.com23 Mar 2026

Coal and Mines Minister G Kishan Reddy announced that seven coal gasification projects will be established in Maharashtra, Odisha, and West Bengal with a Rs 64,000 crore investment, aiming to reduce India's reliance on energy imports.

Foreign investors, currency movement, macro data to drive markets

Foreign investors, currency movement, macro data to drive markets

Rediff.com21 Dec 2025

Stock markets are likely to trade in a range-bound manner in a holiday-shortened week where trading activity of foreign investors, currency movement and global macroeconomic data announcements are expected to drive sentiments, analysts said. Several global markets may see subdued activity on account of Christmas and New Year holidays, an expert said.

India's forex kitty jumps $8.66 bn to record $725.72 bn

India's forex kitty jumps $8.66 bn to record $725.72 bn

Rediff.com20 Feb 2026

India's forex reserves jumped $8.663 billion to hit a new all-time high of $725.727 billion in the week ended February 13, the RBI said on Friday.

Relaxed ECB norms may lift foreign borrowings by Indian companies

Relaxed ECB norms may lift foreign borrowings by Indian companies

Rediff.com19 Feb 2026

The easing of external commercial borrowing (ECB) norms by the Reserve Bank of India (RBI) is expected to significantly boost overseas fundraising by Indian companies, market participants said.

Forex kitty jumps by $14.36 bn to new peak of $723.77 bn

Forex kitty jumps by $14.36 bn to new peak of $723.77 bn

Rediff.com7 Feb 2026

India's forex reserves jumped by another $14.36 billion to a new all-time high of $723.77 billion during the week ended January 30, the Reserve Bank said on Friday.

Mumbra Woman Loses 6,750 in Online Matrimonial Fraud

Mumbra Woman Loses 6,750 in Online Matrimonial Fraud

Rediff.com6 days ago

A 29-year-old woman from Mumbra was allegedly defrauded of Rs 6.75 lakh (6,750) by an individual posing as an NRI on a matrimonial website. The accused claimed to be a UK resident and convinced the victim to transfer funds for customs clearances.

Forex reserves jump by $8 bn to all-time high of $709 bn

Forex reserves jump by $8 bn to all-time high of $709 bn

Rediff.com30 Jan 2026

India's forex reserves jumped by $8 billion to an all-time high of $709 billion during the week ended January 23, the RBI said on Friday.

Forex reserves rise by $14 bn to $700 bn

Forex reserves rise by $14 bn to $700 bn

Rediff.com23 Jan 2026

India's foreign exchange reserves jumped by $14 billion to $701 billion during the week ended January 16, the Reserve Bank said on Friday. The overall reserves had increased by $392 million to $687 billion in the preceding week.

Rupee Bounces Back After RBI Intervention Amidst Market Volatility

Rupee Bounces Back After RBI Intervention Amidst Market Volatility

Rediff.com2 days ago

The Indian rupee rebounded against the US dollar following intervention by the Reserve Bank of India, amidst ongoing concerns about foreign capital outflows, rising crude oil prices, and geopolitical instability.

Forex reserves increase $392 mn to $687 bn

Forex reserves increase $392 mn to $687 bn

Rediff.com16 Jan 2026

India's forex reserves increased by $392 million to $687 billion during the week ended January 9, the Reserve Bank of India said on Friday.

Rupee posts biggest annual decline in 14 years, tumbles 9.88% in FY26

Rupee posts biggest annual decline in 14 years, tumbles 9.88% in FY26

Rediff.com5 days ago

The Indian rupee rebounded against the US dollar after the Reserve Bank of India (RBI) restricted banks' net open positions in dollars. This move prompted banks to sell dollars, providing temporary support for the rupee amidst ongoing geopolitical tensions and rising oil prices.

Rupee Jumps After RBI Curbs on Banks: A Detailed Analysis

Rupee Jumps After RBI Curbs on Banks: A Detailed Analysis

Rediff.com2 days ago

The Indian rupee experienced a significant surge against the US dollar following the Reserve Bank of India's measures to restrict banks from onshore forward markets. Despite this, the rupee remains under pressure from foreign capital outflows, a strong dollar, and rising crude oil prices.

Delhi Boosts Security for Hanuman Jayanti Amid Terror Plot Concerns

Delhi Boosts Security for Hanuman Jayanti Amid Terror Plot Concerns

Rediff.com3 days ago

Delhi Police have heightened security across the city ahead of Hanuman Jayanti following the arrest of a suspected Lashkar-e-Taiba handler allegedly planning terror strikes. Enhanced surveillance and restrictions are in place to ensure peace during the festival.

Reality check gets India on investors' realty list

Reality check gets India on investors' realty list

Rediff.com23 Mar 2026

Escalating geopolitical tensions in West Asia are prompting investors with exposure to Dubai's real estate market to reassess their portfolios. And, in this rejig, India is emerging as a stable destination for capital investment and long-term growth.

Forex Reserves Rise $14 Billion In Best Week In 10 Months: RBI

Forex Reserves Rise $14 Billion In Best Week In 10 Months: RBI

Rediff.com24 Jan 2026

The total reserves increased to $701.3 billion on the back of a rise in foreign currency assets which increased by $9.6 billion to $560 billion during the reported week.

Forex reserves drop by $9.80 bn to $686.80 bn

Forex reserves drop by $9.80 bn to $686.80 bn

Rediff.com9 Jan 2026

India's forex reserves dropped by $9.8 billion to $686.81 billion in the week to January 2, the Reserve Bank of India (RBI) said on Friday.

Rupee Hits All-Time Low: What's Driving the Decline?

Rupee Hits All-Time Low: What's Driving the Decline?

Rediff.com27 Mar 2026

The Indian rupee depreciated significantly against the US dollar, reaching a new all-time low due to rising oil prices, a strong dollar, and ongoing geopolitical concerns. Domestic equity market declines and foreign investment outflows further contributed to the rupee's weakness.

Maintenance amount can't be determined with mathematical precision: HC

Maintenance amount can't be determined with mathematical precision: HC

Rediff.com2 Jan 2026

The Delhi High Court has stated that the amount of interim maintenance for a spouse cannot be determined with mathematical precision, while hearing a case to enhance a woman's interim maintenance.

Rupee set for worst year since FY14, hits fresh low of 93.72 per dollar

Rupee set for worst year since FY14, hits fresh low of 93.72 per dollar

Rediff.com21 Mar 2026

The rupee plunged to a fresh low of 93.72 against the dollar on Friday, falling 1.15 per cent in a single session - its sharpest one-day decline since February 24, 2022 - as elevated crude oil prices and strong dollar demand from oil-marketing companies and foreign portfolio investors (FPIs) weighed on the currency.

Rupee on March 24, 2026: Rupee Declines as Dollar Strengthens and Crude Prices Rise

Rupee on March 24, 2026: Rupee Declines as Dollar Strengthens and Crude Prices Rise

Rediff.com24 Mar 2026

The Indian rupee weakened against the US dollar due to a strengthening dollar, high crude oil prices, and foreign fund outflows amid geopolitical uncertainties.

RBI Exceeds Expectations in Processing Citizen Charter Applications

RBI Exceeds Expectations in Processing Citizen Charter Applications

Rediff.com3 days ago

The Reserve Bank of India (RBI) has reported processing 99.9% of applications under its Citizen's Charter within the stipulated timeframe in March 2026, demonstrating a high level of efficiency.

India's forex reserves jump $3.29 bn to $696.61 bn

India's forex reserves jump $3.29 bn to $696.61 bn

Rediff.com2 Jan 2026

India's forex reserves jumped by $3.29 billion to $696.61 billion in the week to December 26, the RBI said on Friday. The overall kitty had increased by $4.368 billion to $693.32 billion in the previous reporting week.

Rupee breaches 95-level against US dollar for first time

Rupee breaches 95-level against US dollar for first time

Rediff.com5 days ago

The Indian rupee rebounded against the US dollar after the Reserve Bank of India (RBI) restricted banks' net open positions in dollars. This move prompted banks to sell dollars, providing temporary support for the rupee amidst ongoing geopolitical tensions and rising oil prices.

Return on foreign currency assets

Return on foreign currency assets

Rediff.com14 Dec 2006

Is the allocation of Indian foreign currency asset management to the RBI conducive to a satisfactory rate of return?

Forex reserves rise by $4.36 bn to $693 bn

Forex reserves rise by $4.36 bn to $693 bn

Rediff.com26 Dec 2025

India's forex reserves jumped by $4.36 billion to $693 billion during the week ended December 19, the Reserve Bank said on Friday. The overall kitty had increased by $1.69 billion to $688.95 billion in the previous week.

All about Foreign Currency Convertible Bonds

All about Foreign Currency Convertible Bonds

Rediff.com14 Aug 2009

A Foreign Currency Convertible Bond (FCCB) is a type of convertible bond issued in a currency different than the issuer's domestic currency.

Iranian Oil Tanker Changes Course from India to China Amid Payment Concerns

Iranian Oil Tanker Changes Course from India to China Amid Payment Concerns

Rediff.com1 days ago

A US-sanctioned tanker carrying Iranian crude oil has rerouted mid-voyage from its previously indicated destination of India to China, raising questions about payment issues and the future of India's Iranian oil imports.