A realistic illustration of the Reserve Bank of India headquarters with rising forex reserve charts, Indian rupee and US dollar currency, symbolising RBI's successful mobilisation of $40.82 billion to strengthen India's foreign exchange reserves.
Strong response from overseas Indians boosts RBI-backed foreign currency deposit scheme. Key Highlights News Story New Delhi: State Bank of India (SBI) has mobilised more than $1.5 billion in foreign currency deposits under the Reserve Bank of India’s (RBI) special Foreign Currency Non-Resident (FCNR) deposit scheme launched last month, according...
Key Highlights New Delhi: The Reserve Bank of India (RBI) reported a record total income of ₹4.28 lakh crore in FY 2025-26, leading to an unprecedented dividend transfer of ₹2.87 lakh crore to the central government. The surge in earnings was largely driven by foreign exchange operations undertaken to support...
Key Highlights News Summary The Government of India has increased customs duties on precious metals, including gold, silver, platinum, and related products, as part of a broader strategy to safeguard macroeconomic stability during a period of heightened global uncertainty. Under the revised structure, import duty on gold and silver has...
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