reserve

Mumbai: India's foreign exchange reserves rose by US$5.158 billion to US$657.155 billion during the week ended July 5, the Reserve Bank of India (RBI) said on Friday.Foreign exchange reserves had declined for two consecutive weeks, falling by US$1.713 billion to US$651.997 billion in the week...

New Delhi: The Supreme Court on Friday underlined the need to balance the rights of all while hearing a plea against Jim Corbett National Park's decision to allow buses of a private operator to ply within the core area of ​​the tiger reserve in Uttarakhand .If there are villages, they also...

New Delhi Maharatna coal giant Coal India Limited (CIL) on Friday said it has taken steps to relax e-auction norms such as reducing collateral and increasing the quantity of dry fuel on offer.The company also plans to modify its auction and allocation methodology as it aims to encourage...

In New Delhi, Reserve Bank Governor Shaktikanta Das said on Thursday that the issue of changing stance on interest rates is quite premature given the gap between current inflation and the 4 per cent target."Given the gap between current inflation and the 4 percent target, the question of...

New Delhi: Gold price rose by Rs 50 to Rs 75,100 per 10 gram in the national capital on Thursday driven by jeweler buying and a firm trend in international markets, according to the All India Sarafa Association.The precious metal had settled at Rs 75,050 per 10 grams on Wednesday.Silver...

New Delhi: The Reserve Bank has significantly improved the attractiveness and usefulness of GIFT IFSC by clarifying the use of LRS for investments and allowing transactions such as insurance and education loan payments in foreign currency, GIFT City CEO said on Thursday. and group CEO Tapan Ray...

New Delhi Capital markets regulator Sebi will auction eight properties of HBN Dairies & Allied Ltd next month for a reserve price of Rs 67.70 crore.The move is part of Sebi's effort to recover money raised by HBN Dairies through illicit collective investment schemes.This came after the...

Mumbai: The Reserve Bank of India on Wednesday allowed banks to use the ratings of Brickwork Ratings India Pvt Ltd for loans up to Rs 250 crore.RBI asked banks and other regulated entities not to obtain any new ratings from Brickwork Ratings India in October 2022.The certificate of...

Mumbai: The banking sector, which is at an all-time high in terms of financial parameters, is ready to support the growth of the Indian economy, Reserve Bank Deputy Governor Swaminathan J said on Tuesday.Addressing a conference of statutory auditors and chief financial officers of commercial...

New Delhi: Gold prices fell by Rs 100 to Rs 73,310 per 10 gram in the national capital on Tuesday amid weak global cues, according to HDFC Securities.The precious metal had settled at Rs 73,410 per 10 grams on Monday.However, silver prices rose by Rs 180 to Rs 94,450 per kg from Rs 94,270...

Mumbai: The Reserve Bank's FI-Index, which reflects the extent of financial inclusion across the country, increased to 64.2 in March 2024, showing growth in all parameters.The index aggregates information on different aspects of financial inclusion into a single value between 0 and 100, where...

Nagpur: Authorities have seized two boats and over 160 fishing nets in a crackdown on illegal fishing in Pench Tiger Reserve in Maharashtra. A forest officer gave this information on Monday.Pench Tiger Reserve (Maharashtra) Deputy Director Prabhu Nath Shukla said in a release that the Special...

Mumbai rupee pared its early gains to settle 1 paisa lower at 83.50 against the US dollar on Monday as weak domestic stocks weighed on investor sentiment.In the interbank foreign exchange market, the local unit opened at 83.45 and reached an intraday high of 83.44 and a low of 83.50 during the...

New Delhi [India], Reserve Bank of India (RBI) sanctioned five banks, including Punjab National Bank (PNB), in the first week of July for non-compliance with various directions of the RBI.PNB became the fifth bank to be sanctioned, with a fine of Rs 1.31 million. This penalty was imposed for...

Mumbai: The RBI on Friday said it has imposed a monetary penalty of Rs 1.31 crore on Punjab National Bank for non-compliance with certain instructions related to KYC and 'loans and advances'.The Reserve Bank said it conducted a statutory inspection of the bank with reference to its financial...

In Mumbai, central banks should take responsibility for achieving price stability and should be given independence to act to achieve it, a senior official at the Federal Reserve Bank of New York said on Friday.In a talk at the headquarters of the Reserve Bank of India (RBI), the president and...

In New Delhi [India], India's foreign exchange reserves decreased by $1.713 billion to $651.997 billion during the week ending June 28, official data from the Reserve Bank of India showed on Friday ( RBI). Reserves are currently slightly below their recently reached all-time highs of $655,817...

Mumbai: The Reserve Bank of India (RBI) on Friday said India's foreign exchange reserves declined by US $ 1.713 billion to US $ 651.997 billion in the week ending June 28.In the previous reporting week, the total kitty had declined by US$2.922 billion to US$652.895 billion. The reserves had...

MUMBAI: The Reserve Bank of India (RBI) on Friday announced the launch of a quarterly "Order Book, Inventory and Capacity Utilization" survey of companies in the manufacturing sector - a key input used to formulate monetary policy.RBI has been conducting the Order Book, Inventory and Capacity...

Mumbai rupee appreciated by 5 paise to 83.45 against the US dollar in early trade on Friday as the US currency retreated from its high levels and was supported by significant foreign fund inflows.In the interbank forex market, the local unit opened at 83.48 and again gained to 83.45 against...