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Falling global crude oil prices are easing inflationary pressures across Asia, giving the RBI and other central banks greater flexibility to support economic growth. However, Standard Chartered warns that a possible Super El Nino could reverse these gains by pushing energy prices higher
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The Indian rupee appreciated 14 paise to close at 95.21 against the US dollar on Friday, supported by a weaker dollar index and stronger domestic equities. However, importer demand for dollars and RBI purchases limited further gains in the local currency
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BRS leader T Harish Rao accused Excise Minister Jupally Krishna Rao of presenting contradictory figures on Telangana's debt and challenged him to resign. Citing RBI and Assembly data, he alleged that the Congress government was misleading the public on the State's finances.
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The rupee fell 18 paise to close at 95.34 against the US dollar after early gains faded due to importer demand and FII outflows. Lower crude prices and a weaker dollar offered support, while investors tracked global economic and geopolitical developments
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The RBI has identified AI-enabled cyber attacks as the biggest near-term cyber threat facing India's banking system. While banks have strengthened cyber risk management practices, the central bank said employee awareness, forensic preparedness and incident response capabilities require further improvement
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The RBI has temporarily relaxed interest rate restrictions on select FCNR(B) and NRE deposits, allowing banks to offer higher returns to non-resident Indians. The move aims to attract overseas funds, strengthen foreign exchange reserves and support the rupee
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The RBI has permitted authorised dealer banks to open repatriable rupee accounts for overseas individuals investing in listed Indian companies. The move broadens foreign participation in India's equity markets, introduces a new reporting category, and simplifies investment and repatriation procedures
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Finance Minister Nirmala Sitharaman said the government will introduce additional measures to attract foreign capital, noting bond market reforms are only the beginning. She highlighted RBI steps, global uncertainties, and India’s need to strengthen foreign exchange reserves amid rising external risks
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The rupee strengthened sharply by 77 paise to close at 95.08 against the US dollar, supported by falling global oil prices after reports of a possible US-Iran deal, a weaker dollar index, and strong gains in domestic equity markets
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The rupee fell 50 paise to settle at 95.75 against the US dollar on Thursday, pressured by escalating West Asia tensions, a stronger dollar, foreign fund outflows and weak domestic equities. Concerns over regional conflict and oil market volatility weighed on investor sentiment
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Recent measures by the RBI and the government to attract foreign capital and support the rupee could improve India’s balance of payments by more than $30 billion in the short term, according to HSBC, while also helping narrow the current account deficit.
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The Reserve Bank of India imposed a penalty of ₹41.8 lakh on Canara Bank for non-compliance with KYC norms and rules on inoperative accounts. The RBI found lapses in timely reporting to CKYCR and incorrect account classification after inspection
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Finance Minister Nirmala Sitharaman said the government will continue economic reforms through the “Reform Express” to sustain growth amid global headwinds. The RBI lowered FY27 GDP forecast to 6.6%, while new tax exemptions aim to attract foreign capital
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Economists and industry leaders said the RBI’s decision to keep the repo rate unchanged reflects a cautious approach amid global uncertainties. The central bank revised FY27 growth projections lower while introducing measures to attract foreign capital and support financial stability.
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The rupee strengthened sharply by 81 paise to close at 94.93 against the US dollar after the Reserve Bank of India announced measures to boost foreign capital inflows and forex liquidity. The RBI kept repo rate unchanged at 5.25% while maintaining a neutral stance
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The rupee strengthened sharply against the US dollar after the RBI kept the repo rate unchanged at 5.25 per cent and eased investment norms for FPIs. Improved capital flow measures and stable policy stance boosted investor sentiment and currency performance.
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The Enforcement Directorate terminated its FEMA investigation against Myntra Designs Private Limited after the RBI compounded alleged foreign exchange violations. Acting on the ED's no-objection, the RBI settled the matter with a one-time payment of Rs 2.88 lakh
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SBI Research expects RBI to hold repo rate in June, using short-term tools to manage rupee pressure. FY26 GDP growth seen at 7.5%, FY27 at 6.6%. Inflation risks persist, crude may stay above $90, urging excise duty cuts
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The Reserve Bank of India has expanded its central bank digital currency pilots into subsidy programmes and financial markets, including tokenised certificates of deposit and cross-border projects. CBDC was also used in select welfare schemes under direct benefit transfer mechanisms.
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Supreme Court sought responses from Centre, ED, RBI and others on a plea alleging diversion of thousands of crores collected from Noida and Yamuna Expressway homebuyers. The case involves Jaiprakash group firms, with ED probing alleged fund siphoning under PMLA