India’s growth trajectory is projected to lift in the second half of 2024-25, driven by resilient domestic private consumption and rural demand, supported by record foodgrains production. Sustained government infrastructure spending is expected to stimulate economic activity,

Reserve Bank of India estimates that the nation's foreign exchange reserves are sufficient to meet over 11 months of import needs and nearly 96 per cent of external outstanding debt requirements, reported ANI on Tuesday.

As per RBIs latest list, December 25 is a bank holiday across India. Both private and public banks will be closed.

The move to replace Reserve Bank of India Governor Shaktikanta Das with Sanjay Malhotra appears a calculated way to address the weakness in India’s economy.

India's foreign exchange reserves fell by nearly $2 billion to an almost six-month low of $652.87 billion as of Dec. 13, data from the Reserve Bank of India (RBI) showed on Friday.

High prices are the cause for demand slowdown in India, and aligning inflation to the central bank's 4% target is key to ensuring sustained economic growth, members of the rate-setting panel said in the minutes of the December meeting.

India’s foreign exchange reserves (Forex) are sufficient to meet the more than 11 months of imports and about 96 per cent of external debt outstanding at end-June 2024, stated the Reserve Bank of India (RBI) on Tuesday.

India’s policymakers differed on the timing for interest rate cuts as growth remains weak and volatile food prices keep inflation high, minutes of the central bank’s monetary policy committee meeting showed Friday.

India’s forex reserves reached an unprecedented milestone in 2024, surging by $12.6 billion to cross the $700 billion mark for the first time. This marks the culmination of a steady climb over seven consecutive weeks, as per data released by the Reserve Bank of India (RBI).

India’s central bank has started to rein in its ballooning non-deliverable forwards book, according to people familiar with the matter, shifting away from one of its key tools to push back against the strong dollar.

The Reserve Bank of India on Friday received an email, threatening to blow up the bank's premises with explosives. The threat mail was sent to the official email id of RBI Governor Sanjay Malhotra in Russian.

The 25th Reserve Bank governor steered the economy through the pandemic and kept a tight grip on inflation, but held back growth.