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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The RBI has changed the way it approached supervision in the past. Having seen a couple of collapses in the NBFC sector and the near-collapse of a few banks, it is focusing on regular drills to prevent a fire from breaking out, explains Tamal Bandyopadhyay.
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.
Ace Indian paddler and Commonwealth Games gold medallist Manika Batra will take on Great Britain's Anna Hursey in the women's singles opening round
'I always cook from my heart,' says New York Chef Vijaya Kumar who won his third Michelin Star recently.
India's foreign exchange reserves gained a record $828 million to $67.753 billion during the week ending December 6, 2002.
Jewellers in India, the world's second largest gold consuming country after China, have started receiving more inquiries for purchase of gold or silver immediately after the Reserve Bank's announcement to withdraw Rs 2,000 notes from circulation. However, there is no panic buying of the precious metal unlike the situation witnessed in 2016 during demonetisation, jewellers body GJC said on Sunday. In fact in the last two days, the actual gold purchase has been less in exchange of Rs 2,000 notes due to strict Know your Customer (KYC) norms although sources said some jewellers have started charging a 5-10 per cent premium, taking the gold prices to Rs 66,000 per 10 grams level.
India's forex reserves increased by $3.034 billion to $576.76 billion as of January 27, making it the third consecutive week of a jump in the kitty. The overall reserves had risen by $1.727 billion to $573.727 billion 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.
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.
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In the previous week, total reserves increased by $950.9 million to $313.536 billion.
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
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
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 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.
The reserves had jumped $2.03 billion to $277.38 billion in the previous week.
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.
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.
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 three-year tenure of Raghuram Rajan saw the RBI adding a net of $92 billion to the kitty.
Gold reserves rose by $588.8 million to $21.566 billion, as per the RBI data.
The Supreme Court of India questioned the Enforcement Directorate (ED) about the continued incarceration of former West Bengal minister Partha Chatterjee, who is accused in a cash-for-job scam. The court expressed concern about the length of his detention and questioned the message it sends to society regarding corruption. The court also considered whether releasing him would impact the investigation and what conditions could be imposed to ensure his compliance. The court reserved its order after hearing arguments from both sides.
Prime Minister Narendra Modi announced that he will hand over his social media accounts to women achievers from different walks of life to mark International Women's Day on March 8. In his monthly "Mann Ki Baat" address, Modi said these successful women will talk about their work and experience on his social media accounts. He also renewed his appeal to people to take measures to deal with the growing problem of obesity and encouraged people to visit research laboratories or planetariums to mark National Science Day on February 28. Modi highlighted India's progress in space science and artificial intelligence, and emphasized the importance of celebrating and respecting the indomitable spirit of women. He also spoke about the diversity of India's wildlife and the importance of conservation efforts.
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.
India's foreign exchange reserves fell by $1.2 billion during the week-ended September 23, 2005.
Union Home Minister Amit Shah on Wednesday asserted that Article 370, which granted special status to Jammu and Kashmir, will not be restored even if Congress stalwart and late PM Indira Gandhi comes down from heaven.
The total reserves had gone up by $982 million in the previous reporting week.
Prospects of a bumper kharif harvest are expected to lower food inflation in the coming months, making the country's inflation outlook benign, the Union Ministry of Finance (FinMin) said in its monthly economic report for October released on Monday.
The country's two biggest state-run lenders on Saturday pitched for treating a portion of their gold deposits as part of the mandatory cash reserve ratio (CRR) or statutory liquidity ratio (SLR), both of which banks consider as non-productive.
Today's colour is a vibrant purple, which is considered to be a spiritual colour associated with the crown chakra.
India's foreign exchange reserves declined by $685.1 million to $274.81 billion in the week ended August 30 due to a dip in the foreign currency assets, the Reserve Bank said.
Manmohan Singh represented the finest aspects of India, asserts Aakar Patel.
The recent Bitcoin rally, which saw the cryptocurrency surge past the $100,000 mark on Thursday, is drawing Indian investors in droves. Cryptocurrency platforms in India are experiencing a significant uptick in activity and user sign-ups, driven by the optimism surrounding "crypto-friendly" Donald Trump's US presidential election victory.
