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.
In a countrywide crackdown, the Central Bureau of Investigation conducted operations at 40 locations and apprehended around 14 people including home ministry officials, NGO representatives and middlemen for allegedly facilitating the clearance of foreign donations in violation of the Foreign Contribution Regulation Act, officials said on Tuesday.
India's forex reserves decreased by $950 million to stand at $144 billion during the week ended December 23 against $145 billion during the preceding week.
India's forex reserves increased by $1.057 billion to stand at $145 billion during the week ended December 16 against $143.943 billion during the preceding week
Amazon on Wednesday filed a writ petition in the Delhi high court seeking clarifications on the scope of Enforcement Directorate's (ED) investigations into alleged foreign exchange violations by the company, according to sources. Last month, Amazon had said it was in receipt of summons by the ED in connection with its deal with the Future Group. According to sources, Amazon in its filing said the ED is expanding the scope of its investigations by seeking privileged and confidential legal advice it received in ordinary course of business since it started marketplace operations and that such requests aren't related to the agency's probe into the Future-Amazon deal.
India's forex reserves increased by $952 million to stand at $162.912 billion during the week ended on June 30, as against $161.960 billion during the week ended June 23.
By March 28, the reserves rose by a whopping $5.038 billion to $303.673 billion, the second highest in the fiscal.
India's forex reserves decreased by 466 million to stand at 4139.44 billion during the week ended January 20, 2005 against $139.51 billion during the preceding week.
India's foreign exchange reserves fell by $23 million for the week ended July 22, 2005.
India's forex reserves declined by $127 million to stand at $142.18 billion during the week ended November 18 against $142.30 billion during the preceding week.
The fall in total reserves was mainly because of a decline in foreign currency assets worth $4.5 billion, the data showed.
Risk management is too technical and dynamic a field to lend itself to decision-making by a committee. It needs to be run by professionals with a clear mandate and accountability, says Jamal Mecklai.
If the war in the Israel-Gaza region escalates into a larger West Asian conflict, it could pose problems.
After registering a decline for the past four weeks, India's foreign exchange reserves increased by $175 million for the week ended May 27, 2005.
Analysts said even though the Indian economy is expected to slow down to 7.2 per cent in fiscal 2020, it is still the best bet for investment for foreign investors.
The gold reserves remained stable at $19.335 billion.
The amounts were transferred from HDFC Bank to BoB.
India's forex reserves fell for the fourth week in a row by $520 million to $139 billion for the week ended May 20, 2005.
The country's forex reserves jumped by $6.70 billion to $315.72 billion on the back of sharp increase in the foreign currency assets, the Reserve Bank of India said on Friday.
India's foreign exchange reserves rose by $88 million to $141.54 billion for the week ended April 15, 2005.
The surge in India's foreign exchange reserves continued with a further rise of $611 million to cross $118 billion for the week ended April 30.
India's foreign exchange reserves rose by $332 million during the week ended October 15, 2004, compared to $20 million a week earlier.
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.
India's foreign exchange reserves continued their upward swing, crossing the $117 billion mark with further inflows of $1.53 billion for the week ended April 16.
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.
After witnessing a downward trend for the past two weeks, India's foreign exchange reserves rose by $1.01 billion to cross the $119 billion mark during the week ended August 6.
In the wake of foreign exchange reserves of the country reaching $100 billion, the Reserve Bank of India (RBI) has undertaken a review of the main policy and operational matters relating to management of the reserves.
After a technology upgrade, the Multi Commodity Exchange of India (MCX) appears poised for an improvement in volumes. The premier commodity and forex exchange reported a loss of Rs 19.1 crore in the July-September quarter (second quarter, or Q2) of 2023-24 (FY24). This was attributed to higher software charges payable under an extended service agreement with 63 moons technologies and a one-off cost towards core guaranteed funds (CGF).
The fall in reserves was due to a sharp fall in foreign currency assets.
India's foreign exchange reserves, now at $100.05 billion, is expected to reach $104 billion by March, but its high growth may slow down due to rising trade deficit, according to the Institute of Economic Growth.
At a time when crude oil and natural gas prices are sky-high, public sector behemoth ONGC's haphazard planning and mismanagement in developing showpiece deep-sea KG-D5 block is costing the nation over Rs 18,000 crores due to the delayed output of oil and gas, government officials said. ONGC was originally to start gas production from the Cluster-II fields in block KG-DWN-98/2 (KG-D5) in June 2019 and the first oil was to flow in March 2020. But these targets were quietly shifted to end-2021 because of deferments in awarding the fragmented work packages of the project, two officials with direct knowledge of the matter said on condition of anonymity.
Also, there were not many clients in the market as they had already made alternate arrangements due to the strike.
In the previous week, total reserves dropped by $273.8 million to $312.382 billion.
Foreign exchange reserves climbed further by $ 402 million to a new record high of $109.998 billion during the week ended March 19 from $109.596 billion a week ago.
The forex reserves rose for the third consecutive week, surging by a robust $2.691 billion to $286.26 billion on a healthy jump in foreign currency assets, the Reserve Bank said.
India's foreign exchange reserves grew further by $899 million to touch $107.5 billion for the week ended February 13.
The country's foreign exchange reserves went up by $761 million to $104.998 billion in the period under review, according to Reserve Bank of India's weekly statistical supplement released in Mumbai on Saturday.
The reserves rose to $501.70 billion helped by a whopping rise in foreign currency assets, the latest data from the Reserve Bank of India.
The reserves had touched an all-time high of $367.16 billion previously
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances