12 stories tagged #Reserve Bank of India

  1. India Raids Bengaluru Crypto Firms Over $300 Million Unauthorized Transfers
    crypto

    India Raids Bengaluru Crypto Firms Over $300 Million Unauthorized Transfers

    India’s Enforcement Directorate raided five Bengaluru crypto firms for allegedly moving $300 million abroad via stablecoins without central bank authorization under foreign exchange laws.

    3d ago 1 min read
  2. India Scraps Taxes on Foreign Bond Investments to Stabilize the Rupee
    finance

    India Scraps Taxes on Foreign Bond Investments to Stabilize the Rupee

    India exempts foreign investors from capital gains and withholding tax on government bonds, aiming to boost capital inflows and shore up the weakening rupee.

    2w ago 1 min read
  3. RBI Holds Rates Steady, Unveils Measures to Defend Rupee
    finance

    RBI Holds Rates Steady, Unveils Measures to Defend Rupee

    India's central bank keeps repo rate at 5.25%, introduces capital inflow incentives amid slowing growth and rising inflation.

    2w ago 2 min read
  4. India Holds Rates, Unveils Measures to Curb Rupee Decline
    finance

    India Holds Rates, Unveils Measures to Curb Rupee Decline

    The Reserve Bank of India leaves repo rate unchanged at 5.25% as it introduces steps to support the faltering rupee amid crude surge and foreign outflows.

    2w ago 1 min read
  5. India's Central Bank Burns $9.8B in March as Rupee Plunges
    finance

    India's Central Bank Burns $9.8B in March as Rupee Plunges

    The RBI sold a record $9.76 billion in March as the rupee fell 4%, its steepest monthly drop since 2019, driven by soaring energy costs and the US-Iran conflict.

    last mo. 1 min read
  6. RBI Sells $9.8B as Rupee Plunges 4% in March, Sharpest Drop Since 2019
    finance

    RBI Sells $9.8B as Rupee Plunges 4% in March, Sharpest Drop Since 2019

    The Reserve Bank of India intervenes aggressively as the rupee suffers its steepest monthly decline in seven years, driven by the Iran conflict and surging crude prices.

    last mo. 2 min read
  7. RBI Revives Pre-Market Intervention to Stem Rupee's Slide
    finance

    RBI Revives Pre-Market Intervention to Stem Rupee's Slide

    The Reserve Bank of India is actively selling dollars before official trading hours and capping bank positions to stabilize the rupee near record lows of 95-96 per USD.

    last mo. 1 min read
  8. Paytm Forecasts Accelerated Revenue Growth in FY 2027
    finance

    Paytm Forecasts Accelerated Revenue Growth in FY 2027

    Indian fintech firm Paytm expects revenue growth to outpace FY 2026's 22%, driven by merchant expansion and financial services.

    last mo. 1 min read