Foreign currency reserves declined $1.055 billion to $144.222 billion for the week ended September 16, 2005
Foreign exchange reserves increased $82 million to $143.435 billion for the week ended October 14, 2005 when compared with $143.353 billion in the previous week.
India's foreign exchange reserves declined by a huge $2.23 billion to $275.49 billion on a sharp dip in the foreign currency assets, the Reserve Bank said on Friday.
Foreign exchange reserves increased $1.789 billion to $197.746 billion for the week ended March 23, 2007
The foreign exchange reserves rose for the fourth consecutive week with the week to October 25 adding another $1.828 billion taking the overall forex kitty to $282.95 billion, the Reserve Bank said on Friday.
India's foreign exchange reserves rose by $1.7 billion during the week ended September 2, 2005.
Private consumption is back driven by festive spending, and the medium-term economic outlook remains bullish as the innate strength of the macro-fundamentals reasserts itself, the Reserve Bank Bulletin said on Wednesday. Global economic activity remained resilient during Q4:2024 amidst fragile confidence and rising protectionism, said an article on 'State of the Economy' published in the November Bulletin.
Credit card spending reached Rs 2 trillion in October, a 14.5 per cent rise from September, largely driven by festival season purchases. However, the volume of outstanding credit cards increased only marginally during the same period. The spike in spending comes at a time when nearly all major credit card issuers are calibrating their growth in the segment due to visible signs of stress.
The gold reserves remained unchanged at $18.151 billion.
The country's foreign exchange reserves rose by $1.434 billion in the week ended August 9, after dropping by $2.99 billion previous week, the Reserve Bank of India said.
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From the outcome of the general elections and then Union Budget to tepid corporate earnings in the September 2024 quarter (Q2-FY25), sticky inflation and Reserve Bank of India's stance on interest rates, extreme weather conditions, Indian stock markets have braved it all in calendar year 2024.
In addition to interest rates, review the fine print for penalties and repayment terms, and select a reputable lender to avoid harsh recovery practices.
India's forex reserves increased by $1.78 billion to $573.78 billion in the week ended January 20, the Reserve Bank of India said on Friday. This is the second consecutive week of a rise in the kitty after the $10.42 billion jump to $572 billion during the preceding week. In October 2021, the country's forex kitty had reached an all-time high of $645 billion.
In the wake of the Chinese war, it was felt in some circles that it would be feasible to make a frontal attack on demand for gold in India. Accordingly, the Gold Control Order 1962 was issued, banning the making and selling of jewellery above 14 carats, making it compulsory for gold smiths to be licensed and submit accounts of all gold received and utilized by them etc., The measures met with lot of resistance and criticism.
The rupee ended at 59.18 compared with previous close of 59.33 to the dollar.
The government has hiked gold import duty to 15 per cent from 10.75 per cent to check the current account deficit (CAD) and rising import of the yellow metal. The duty changes came into effect on June 30. Earlier, the basic customs duty on gold was 7.5 per cent, now it will be 12.5 per cent.
India's foreign exchange reserves gained a record $828 million to $67.753 billion during the week ending December 6, 2002.
Gold deposited by households to gold savings accounts will be used for auctioning, replenishment of RBI's gold reserves.
Foreign exchange reserves had touched a record of $363.5 billion in the week through June 3, 2016.
Foreign exchange reserves increased $1.558 billion to $143.148 billion for the week ended March 3
Country's foreign exchange reserves dropped by $2.063 billion to $ 335.729 billion in the week to March 13.
The December meeting of the Reserve Bank of India's (RBI's) six-member Monetary Policy Committee (MPC) will start on Wednesday even as there is no clarity on whether Governor Shaktikanta Das, the chair of the panel, will continue in office after his term ends next week. The outcome of the meeting will be announced on Friday by Das at 10 in the morning.
Flipkart-backed super.money is on an expansion spree and plans to expand its range of offerings in credit and wealth management after launching its operations in July this year. The Bengaluru-based fintech company is on track to roll out credit products such as credit on Unified Payments Interface (UPI), unsecured credit cards, and personal loans within the first half of the next calendar year (2025).
India's inspirational para-athletes achieved their stated goal of 25 medals and remained on course for more in Paris on Thursday.
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In the previous week, total reserves increased by $950.9 million to $313.536 billion.
'Investors looking at the next 6-12 months can be certain that the Fed will maintain its easing cycle, and we expect the overall environment to be conducive for fixed income investments for portfolio diversification.'
Foreign exchange reserves moved up $378 million to $73.583 billion for the week ended January 31, 2002
Foreign exchange reserves rose $287 million to $117.879 billion in the week ended April 23, 2004 from $117.592 billion in the previous week, according to the weekly supplement released by the Reserve Bank of India on Saturday.\n\n\n\n
The reserves had jumped $2.03 billion to $277.38 billion in the previous week.
After registering an increase of $616 million in the previous week, India's foreign exchange reserves rose by $71 million at $75.354 billion during the week ended February 21.\n\n\n\n
According to the Geological Survey of India (GSI) and UP geology and mining directorate reports, gold reserves totalling 2,944 tonnes have been found in the Sona Pahadi and Hardi blocks of the backward Sonbhadra district.
The country's gold reserves remained unchanged at $19.377 billion.
Foreign currency assets, a key component rose $1.6 bn to $304.9 bn.
The three-year tenure of Raghuram Rajan saw the RBI adding a net of $92 billion to the kitty.
Foreign exchange reserves increased $2.146 billion to $139.352 billion for the week ended January 6, according to the weekly supplement released by the Reserve Bank of India.
Gold reserves rose by $588.8 million to $21.566 billion, as per the RBI data.
The country's foreign exchange reserves surged by $58.38 billion in April-September 2021 to $635.36 billion, says an RBI report released on Wednesday. The forex reserves were at $576.98 billion at end-March 2021. The Reserve Bank of India (RBI) publishes half-yearly reports on management of foreign exchange reserves.
India's foreign exchange reserves soared by $11.02 billion to reach $561.162 billion for the week ended December 2, Reserve Bank data showed on Friday. This is the fourth consecutive week of rise in the reserves. In the previous reporting week, the overall reserves had grown by $2.9 billion to $550.14 billion. For the week ended November 11, the forex kitty had jumped by $14.72 billion in its second fastest weekly acceleration ever.
Foreign currency assets were down $1.516 billion to $131.426 billion. While gold reserves increased $77 million to $4.453 billion, SDRs were unchanged at $4 million.
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