News for 'gold reserves'

Gold Reserves Drop Hit Forex Reserves

Gold Reserves Drop Hit Forex Reserves

Rediff.com28 Mar 2026

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 Decline by Nearly $10 Billion

India's Forex Reserves Decline by Nearly $10 Billion

Rediff.com19 Jun 2026

India's foreign exchange reserves saw a substantial decline of USD 9.985 billion, reaching USD 671.625 billion for the week ended June 12, primarily driven by a sharp decrease in gold reserves, according to the Reserve Bank of India (RBI).

India's forex reserves rise by 963 mn to $672.59 billion

India's forex reserves rise by 963 mn to $672.59 billion

Rediff.com4 days ago

India's foreign exchange reserves saw an increase of USD 963 million, reaching USD 672.587 billion for the week ending June 19, as reported by the RBI. This rise follows a previous week's drop. While foreign currency assets decreased, the value of gold reserves significantly increased, contributing to the overall growth.

RBI's gold reserves crossed 880 metric tonnes by Sep

RBI's gold reserves crossed 880 metric tonnes by Sep

Rediff.com22 Oct 2025

The Reserve Bank's gold reserves crossed 880 metric tonnes in the first half of 2025-26 with the central bank adding 0.2 metric tonnes in the last week of September. The total value of the gold was $95 billion as of September 26, 2025, according to the latest data from the Reserve Bank of India (RBI).

India's forex reserves drop $711 mn to $681.61 bn

India's forex reserves drop $711 mn to $681.61 bn

Rediff.com12 Jun 2026

India's foreign exchange reserves decreased by $711 million to $681.61 billion for the week ending June 5, primarily driven by a significant reduction in foreign currency assets, according to the Reserve Bank of India (RBI).

RBI dismisses gold sale rumours, confirms physical reserves steady at 880.52 tonnes

RBI dismisses gold sale rumours, confirms physical reserves steady at 880.52 tonnes

Rediff.com3 Jun 2026

The Reserve Bank of India (RBI) has debunked reports of gold sales, stating that its physical stock of gold remains unchanged at 880.52 tonnes, countering claims of selling approximately USD 12 billion to protect foreign-currency reserves.

India Ramps Up Gold Reserves...

India Ramps Up Gold Reserves...

Rediff.com19 Mar 2025

The RBI added roughly 3 tonnes in 2025, taking its gold reserves to 879 tonnes as of January 31, 2025.

India's Forex Reserves Fall by $7.5 Billion to $681.38 Billion

India's Forex Reserves Fall by $7.5 Billion to $681.38 Billion

Rediff.com29 May 2026

India's foreign exchange reserves saw a significant drop of USD 7.511 billion, settling at USD 681.384 billion for the week ending May 22, as the Reserve Bank of India intervened in the forex market due to rupee pressure and the lingering effects of the Middle East conflict.

No plans to sell temple gold, clarifies govt

No plans to sell temple gold, clarifies govt

Rediff.com19 May 2026

The government has refuted rumours of a monetisation scheme for gold held by temple trusts and religious institutions, clarifying that such claims are false and misleading.

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.com22 May 2026

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.

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.

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.com15 May 2026

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 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).

Sitharaman on India's rising gold reserves

Sitharaman on India's rising gold reserves

Rediff.com10 Feb 2025

Finance Minister Nirmala Sitharaman on Monday clarified in the Lok Sabha that India's rising gold reserves, including those held by the Reserve Bank of India (RBI), is not intended to replace any international currency.

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.

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).

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.

Gold Imports Fall After Duty Hike

Gold Imports Fall After Duty Hike

Rediff.com19 Jun 2026

Monthly gold imports have declined to 25-30 tonnes from 70-80 tonnes while recycling of old jewellery has increased following the recent hike in import duties.

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.

Why Investors Are Exiting Gold

Why Investors Are Exiting Gold

Rediff.com18 Jun 2026

The case for long-term investment in gold, however, remains intact.

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 Kitty Jumps $938 Million to $682 Billion

India's Forex Kitty Jumps $938 Million to $682 Billion

Rediff.com5 Jun 2026

India's foreign exchange reserves increased by USD 938 million to USD 682.321 billion during the week ended May 28, according to the Reserve Bank of India, following a previous week's drop.

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.

Alan Greenspan, former US Federal Reserve chair, passes away at 100

Alan Greenspan, former US Federal Reserve chair, passes away at 100

Rediff.com7 days ago

Legendary economist and former Federal Reserve chairman Alan Greenspan has died at the age of 100 due to complications related to Parkinson's disease, his wife Andrea Mitchell confirmed.

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.

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.

'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.'

'Indians Are Not Buying Too Much Of Gold'

'Indians Are Not Buying Too Much Of Gold'

Rediff.com19 May 2026

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

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.

Why Gold Loan Boom Needs Caution

Why Gold Loan Boom Needs Caution

Rediff.com11 May 2026

Rapid growth in personal gold loans has raised concerns over borrower leverage, large-ticket exposure and volatility in gold prices, points out Swaminathan J, Deputy Governor, Reserve Bank of India.

'Too early to assess impact of gold curbs'

'Too early to assess impact of gold curbs'

Rediff.com27 May 2026

Titan will continue investments, even as it notes it is too early to assess how customer sentiment and store footfalls will be impacted by the Prime Minister's appeal to reduce gold consumption and the recent hike in import duty.

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.

US-Iran Talks, Crude Oil, Macro Data to Dictate Bullion Trend

US-Iran Talks, Crude Oil, Macro Data to Dictate Bullion Trend

Rediff.com21 Jun 2026

Analysts predict that developments in US-Iran negotiations, fluctuations in crude oil prices, and key global economic data will be the primary drivers of gold and silver prices in the coming week, with a strong focus on talks in Switzerland.

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

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

Rediff.com18 May 2026

'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.'

Still Want To Buy Gold? 5 Tips To Reduce Your Cost

Still Want To Buy Gold? 5 Tips To Reduce Your Cost

Rediff.com15 May 2026

With duties at 15%, GST at 3%, and making charges running as high as 20% -- the gap between a smart purchase and a careless one can easily be Rs 30,000 to Rs 50,000 on every Rs 1 lakh invested. And most of that gap is entirely avoidable. Ramalingam Kalirajan explains the math.

TTFI Explains Manika Batra's Omission From Asian Games Team

TTFI Explains Manika Batra's Omission From Asian Games Team

Rediff.com5 days ago

The Table Tennis Federation of India (TTFI) has clarified that Manika Batra's exclusion from India's Asian Games squad was due to strict adherence to existing selection criteria. Despite her name being considered, Batra did not meet the requirements, primarily lacking a national ranking and not being in the top 50 of international rankings at the time of selection. The decision was a collective one by the selection committee, based on a comprehensive assessment.

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.

FIFA World Cup 2026 Debut Patches Go Viral

FIFA World Cup 2026 Debut Patches Go Viral

Rediff.com16 Jun 2026

FIFA's 'Debut FIFA World Cup' sleeve patch for the 2026 tournament is designed to celebrate first-time players and personalise kits.