News for 'foreign-exchange-reserve'

India's Forex Reserves Drop by $8 Billion to $688.894 Billion

India's Forex Reserves Drop by $8 Billion to $688.894 Billion

Rediff.com19 hours ago

India's foreign exchange reserves saw a significant drop of USD 8.094 billion, settling at USD 688.894 billion for the week ending May 15, as the Reserve Bank of India intervened in the forex market and global events like the Middle East conflict impacted the rupee.

India's Forex Reserves Jump by $6.29 Billion to $696.99 Billion

India's Forex Reserves Jump by $6.29 Billion to $696.99 Billion

Rediff.com7 days ago

India's foreign exchange reserves saw a significant increase of USD 6.295 billion, reaching USD 696.988 billion for the week ending May 8, as reported by the Reserve Bank of India.

India's Forex Reserves Drop by $7.79 Billion to $690.69 Billion

India's Forex Reserves Drop by $7.79 Billion to $690.69 Billion

Rediff.com8 May 2026

India's foreign exchange reserves saw a significant drop of USD 7.794 billion, settling at USD 690.693 billion for the week ending May 1, as reported by the RBI, reflecting the impact of global events and central bank interventions.

Water Could Help India Cut Fuel Consumption, Emissions

Water Could Help India Cut Fuel Consumption, Emissions

Rediff.com6 days ago

A Monaco-based fuel technology company, FOWE Eco Solutions, claims its patented Cavitech fuel emulsion technology can help industries slash fuel consumption, reduce emissions, and improve equipment performance by using water in fuel.

Water Could Help India Cut Fuel Consumption, Emissions

Water Could Help India Cut Fuel Consumption, Emissions

Rediff.com6 days ago

A Monaco-based fuel technology company, FOWE Eco Solutions, claims its patented Cavitech fuel emulsion technology can help industries slash fuel consumption, reduce emissions, and improve equipment performance by using water.

Can Water Be The Answer To India's Fuel Import Woes?

Can Water Be The Answer To India's Fuel Import Woes?

Rediff.com6 days ago

A Monaco-based fuel technology company, FOWE Eco Solutions, claims its patented Cavitech fuel emulsion technology can help India reduce fuel consumption, emissions, and improve equipment performance by using water in a fuel-oil-water emulsion.

RBI Governor Signals Action If Iran War Leads To Entrenched Inflation

RBI Governor Signals Action If Iran War Leads To Entrenched Inflation

Rediff.com14 May 2026

'If the war continue for a longer period of time, it is just a matter of time before the government will pass on some of the price increases.'

Pak gets 2nd tranche of $1bn loan from Saudi Arabia

Pak gets 2nd tranche of $1bn loan from Saudi Arabia

Rediff.com21 Apr 2026

Pakistan has received the second and final tranche of USD 1 billion from Saudi Arabia, completing a USD 3 billion aid package aimed at boosting its foreign reserves, the state bank said.

India's Forex Reserves Surge Past $703 Billion

India's Forex Reserves Surge Past $703 Billion

Rediff.com24 Apr 2026

India's foreign exchange reserves increased by USD 2.362 billion to reach USD 703.308 billion for the week ending April 17, as reported by the Reserve Bank of India (RBI).

Panagariya: Don't Fear Rs 100 Dollar

Panagariya: Don't Fear Rs 100 Dollar

Rediff.com1 days ago

'100 is just a number, like 99 and 101.'

Govt Eyes Steps To Contain CAD

Govt Eyes Steps To Contain CAD

Rediff.com1 days ago

'The situation globally is quite challenging, but we have the confidence and courage of conviction that we will come out winners even in this challenging time.'

India's Forex Reserves Surge Past $700 Billion

India's Forex Reserves Surge Past $700 Billion

Rediff.com17 Apr 2026

India's foreign exchange reserves have surged by $3.825 billion to reach $700.946 billion as of April 10, marking a significant milestone for the country's financial stability.

'Oil Is Not The Problem. The Bigger Problem Is Gold'

'Oil Is Not The Problem. The Bigger Problem Is Gold'

Rediff.com5 days ago

'Every year we import approximately $70 billion worth of gold -- closer to $72 billion in 2025-2026, an all-time record.' 'There is no parallel for this anywhere in the world. And this love for gold will not disappear overnight.'

'We Need Petrol More Than Gold Right Now'

'We Need Petrol More Than Gold Right Now'

Rediff.com11 May 2026

'What exactly is on the prime minister's mind, we do not know. But it feels like the government wants the country to be prepared for unseen challenges ahead.'

India's Forex Reserves Jump by $9 Billion, Nearing Record High

India's Forex Reserves Jump by $9 Billion, Nearing Record High

Rediff.com10 Apr 2026

India's foreign exchange reserves saw a substantial increase of USD 9.063 billion, reaching USD 697.121 billion for the week ended April 3, 2026, according to the Reserve Bank of India (RBI). This surge follows a previous week's decline and brings the reserves closer to their all-time high.

Jewellers back PM's gold appeal, propose monetisation scheme enhancements

Jewellers back PM's gold appeal, propose monetisation scheme enhancements

Rediff.com13 May 2026

Leading Indian jewellery bodies, including the All India Gem & Jewellery Domestic Council (GJC) and Malabar Gold & Diamonds, have expressed support for Prime Minister Narendra Modi's appeal to reduce gold imports and are advocating for enhancements to the Gold Monetisation Scheme (GMS) to unlock India's vast idle gold reserves.

Petrol, diesel prices hiked again within a week, up by 90 paise

Petrol, diesel prices hiked again within a week, up by 90 paise

Rediff.com3 days ago

Petrol and diesel prices in India have been increased for the second time in a week, following a long freeze on revisions. The increase comes as global crude prices surge and state-run oil firms look to recoup losses.

No plans for fuel rationing, supply adequate: Oil ministry official

No plans for fuel rationing, supply adequate: Oil ministry official

Rediff.com11 May 2026

India has no plans to ration fuel supplies despite ongoing disruptions in global energy markets, according to a top oil ministry official. The country has maintained adequate inventories of crude products and LPG while diversifying imports to manage supply risks.

India Is Not Alone: How Hormuz Crisis Affected Lifestyles Worldwide

India Is Not Alone: How Hormuz Crisis Affected Lifestyles Worldwide

Rediff.com14 May 2026

The Strait of Hormuz crisis is impacting lifestyles worldwide, from reduced gold purchases in India to energy conservation in Europe and Japan, as governments urge citizens to adapt to the global energy shock.

Petrol, Diesel Prices Hiked by Rs 3/Litre Amid Surging Crude Costs

Petrol, Diesel Prices Hiked by Rs 3/Litre Amid Surging Crude Costs

Rediff.com15 May 2026

Petrol and diesel prices have been increased by Rs 3 per litre each, marking the first hike in over four years, as state-run fuel retailers pass on some of the impact from surging global crude prices, which have been exacerbated by the Iran war.

State Election Results, Crude Oil Prices to Dictate Stock Market Trends This Week

State Election Results, Crude Oil Prices to Dictate Stock Market Trends This Week

Rediff.com3 May 2026

Indian stock markets are poised for volatility this week, driven primarily by the outcomes of five state assembly elections, ongoing high crude oil prices amid West Asia tensions, and the release of Q4 corporate earnings, according to market analysts.

'95-96 To A Dollar Is Not A Healthy Sign At All'

'95-96 To A Dollar Is Not A Healthy Sign At All'

Rediff.com3 days ago

'Once the currency goes out of the hand, then possibly your major challenge is that it will not come back.'

'Indians Are Not Buying Too Much Of Gold'

'Indians Are Not Buying Too Much Of Gold'

Rediff.com4 days ago

'Even last year, when India bought gold, the physical quantity was much less than the previous years.'

Fuel price hike on cards? Puri says oil companies are losing Rs 1,000 cr a day

Fuel price hike on cards? Puri says oil companies are losing Rs 1,000 cr a day

Rediff.com12 May 2026

India possesses two months of fuel stockpiles and faces no supply concerns despite global energy disruptions, according to Oil Minister Hardeep Singh Puri. However, state-run fuel retailers are incurring losses of up to Rs 1 lakh crore in a single quarter due to elevated crude prices and unchanged retail fuel prices, raising questions about the sustainability of these losses.

'It's Not Modi's Rupee That Benefits. It's India's Rupee That Benefits'

'It's Not Modi's Rupee That Benefits. It's India's Rupee That Benefits'

Rediff.com5 days ago

'In all these years of rupee depreciation, of rising oil prices, of inflation caused by import dependence, not one leader had the courage to look the people in the eye and say: Please do this for your country.'

India has ample buffers to weather headwinds from West Asia conflict: World Bank

India has ample buffers to weather headwinds from West Asia conflict: World Bank

Rediff.com9 Apr 2026

The World Bank has affirmed India's strong position to withstand the current global energy shock, citing high foreign exchange reserves, fiscal space, and low inflation as key buffers supporting continued growth despite international headwinds.

Quite possible that rates will remain low in the near to medium term, says RBI Governor

"Quite possible that rates will remain low in the near to medium term," says RBI Governor

Rediff.com9 Apr 2026

"It is quite possible that the rates will remain low in the near to medium term, but that will depend on how conditions evolve," said RBI Governor Sanjay Malhotra.

'Biggest Single Danger Is If Remittances Come Down'

'Biggest Single Danger Is If Remittances Come Down'

Rediff.com13 May 2026

'At the first sign of real trouble, that money will move. There will be a run.'

Why RBI Should Stop Defending Rupee

Why RBI Should Stop Defending Rupee

Rediff.com27 Apr 2026

The measures announced by it risk backfiring, disrupting the foreign exchange market, and intensifying the very pressures they seek to contain, with broader consequences for the economy points out Rajeswari Sengupta.

Forex reserves drop by $10.29 billion to $688.06 billion

Forex reserves drop by $10.29 billion to $688.06 billion

Rediff.com3 Apr 2026

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.

West Asia War Pushes RBI into Growth-Inflation Dilemma

West Asia War Pushes RBI into Growth-Inflation Dilemma

Rediff.com6 Apr 2026

The Reserve Bank of India (RBI) Governor Sanjay Malhotra is now confronting the classic growth-inflation tradeoff, a situation exacerbated by the West Asia war, which threatens to end the 'goldilocks period' of low inflation and robust growth.

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.com28 Mar 2026

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).

Saudi Arabia pledges additional $3 billion support to Pakistan

Saudi Arabia pledges additional $3 billion support to Pakistan

Rediff.com15 Apr 2026

Pakistan's skewed foreign reserves got a major boost after Saudi Arabia pledged an additional $3 billion in deposits while extending its existing $5 billion facility for a further three years.

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 $11.68 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.

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 $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.

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.

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.

Key factors that will drive the markets this week

Key factors that will drive the markets this week

Rediff.com8 Feb 2026

Inflation data, trading activity of foreign investors and global trends would dictate sentiment in the stock market this week, according to analysts.