IndianEconomy

RBI Stands Firm on Forex Policy Amidst Global Economic Pressures

1 month ago

In a bold move to shield the Indian economy from escalating global economic risks, the Reserve Bank of India (RBI) has reaffirmed its stance on foreign exchange (FX) policies. The central bank's recent statement comes in response to a series of alarming trends in international markets, emphasizing its commitment to stabilize the Indian Rupee (INR) and maintain control over the country's foreign exchange reserves.

RBI on the Hunt for New Deputy Governor as Patra's Term Approaches Conclusion

2 months ago

The Reserve Bank of India (RBI) is initiating the search for a new deputy governor following the impending end of the term for its current member, Michael Patra. This development has sparked interest in the financial community as well as the broader economic landscape of India, signaling a potential shift in monetary policy direction.

RBI Anticipates Surge in Festive Demand to Boost Indian Economic Growth

2 months ago

The Reserve Bank of India (RBI) has expressed optimism regarding the potential revival of economic growth in the country, spurred by increased consumer demand during the ongoing festive season. In a statement released on October 21, 2024, the RBI indicated that traditional festivities typically usher in a wave of spending, which is crucial for the recovery trajectory of the Indian economy.