India’s current account surplus moderated to $7.1 billion, or 0.7 per cent of GDP, in the fourth quarter (January-March) of financial year 2025-26, compared with $13.7 billion in the same period a year ago, according to the Reserve Bank of India’s latest Balance of Payments data.
The RBI maintained the status quo on interest rates and signalled confidence in India's ability to navigate global volatility despite geopolitical and market uncertainties.
Economists and market participants are closely tracking RBI's latest projections on inflation, growth and crude oil prices as the central bank unveils its policy verdict.
The Reserve Bank of India (RBI) issued an official statement here on Wednesday stating that reports appearing in a section of the media claiming it sold a portion of its physical gold reserves recently to stabilise the Indian rupee are “not correct”.
According to data released by the Reserve Bank of India (RBI) in its latest annual report, in FY26, the banking industry reported frauds worth Rs 48,021 crore, up 46.4 per cent from Rs 32,803 crore in FY25.
The Reserve Bank of India (RBI) has sent a bold signal with its sharpest rate cut in five years — a 50 basis point slash in the key policy rate, coupled with a phased 100 basis point cut in the cash reserve ratio.
Reacting to the announcement, the Jharkhand Consumer Product Distributors Association (JCPDA) said the timing of the cut is significant, especially as consumers continue to reel under the effects of inflation.
The foreign investors turned net sellers with a withdrawal of Rs 8,749 crore from the Indian equity markets in the first week of June triggered by renewed US-China trade tensions and rising US bond yields.
In a move set to ease the financial burden on millions of home loan borrowers, the Reserve Bank of India (RBI) has slashed the repo rate by 50 basis points to 5.5 per cent, marking the third consecutive rate cut in 2025.
Reserve Bank of India (RBI) Governor Sanjay Malhotra on Friday announced that the Monetary Policy Committee (MPC) decided to reduce the policy repo rate by 50 basis points (bps) to 5.5 per cent.
