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The rupee appreciated 15 paise to settle at 95.35 against the US dollar, supported by RBI intervention and sustained foreign fund inflows. Gains were limited by higher crude oil prices, a stronger dollar and escalating geopolitical tensions in West Asia
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Net FDI in India declined to USD 6.95 billion in FY26 from USD 27.99 billion in FY23 due to higher repatriation by foreign investors and increased ODI outflows, the government told Rajya Sabha. Gross FDI, however, reached a record USD 94.84 billion
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The Indian rupee fell 20 paise to settle at 96.73 against the US dollar on Thursday. Escalating West Asia tensions pushed Brent crude to $96.15 per barrel, while heavy foreign equity outflows continued to pressure the local currency
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The rupee weakened by 4 paise to close at 96.57 against the US dollar as elevated crude oil prices and weak domestic equities weighed on sentiment. Traders said likely RBI intervention helped limit losses despite heightened geopolitical tensions in West Asia
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The rupee weakened 14 paise to close at 96.44 against the US dollar on Monday, pressured by rising crude oil prices and global risk aversion amid US-Iran tensions. RBI intervention expectations and stronger forex reserves helped limit further depreciation
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The RBI has proposed a comprehensive data governance framework requiring banks, NBFCs and other regulated entities to strengthen data risk management, establish executive-level oversight and adopt lifecycle-based governance. Stakeholders have been invited to submit comments on the draft guidelines by August 17
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Finance Minister Nirmala Sitharaman will review public sector banks' progress in mobilising foreign currency deposits on Monday following RBI incentives. The meeting will also assess overseas borrowings, encourage ECB fundraising, and discuss boosting credit flow to productive sectors amid declining foreign capital inflows
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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