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Tag : RBI

Business

India forex reserves hit record $728.49bn on RBI data

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MUMBAI: India’s foreign exchange reserves rose to a record $728.494 billion in the week ended Feb. 27, according to data released by the Reserve Bank of India on Friday. The stockpile increased $4.885 billion from $723.608 billion a...
Business

IMF says India’s growth resilient with inflation stable

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NEW DELHI, November 29, 2025: India’s economic growth remains among the strongest globally, with inflation contained and domestic demand sustaining expansion despite global uncertainties, the International Monetary Fund (IMF) said in its latest annual assessment...
Business

India’s trade deficit hits record as gold imports soar

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NEW DELHI, November 17, 2025: India’s merchandise trade deficit widened to an all-time high in October as soaring gold imports and weaker exports deepened the country’s external imbalance, according to data released by the Ministry...
Uncategorized

RBI withdraws Rs 2,000 notes from circulation, sets deadline for exchange or deposit

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The Reserve Bank of India (RBI) has made a significant announcement, stating that it will be withdrawing the highest denomination currency note, the Rs 2,000 note, from circulation. While the notes will remain legal tender,...