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.
In the complex tapestry of global economic dynamics, India finds itself at a crossroads as the murmurs of a delayed rate cut gain momentum.
For the FASTag issued by Paytm Payments Bank, users can continue to use your FASTag to pay toll upto the available balance.
The Reserve Bank of India has further extended the date to stop all transactions for Paytm Payments Bank till March 15 on Friday.
Interacting with reporters, Governor Shaktikanta Das said the RBI takes action against regulated entities only after a comprehensive assessment.
Despite a resi- lient economy that has outpaced most forecasts and is projected to grow at a commendable 7 per cent in 2024- 25, the RBI acknowledges the intricacies of the last leg of disinflation.
