India’s Forex Reserves Surge to a Historic Peak of $728.5 Bn

India’s forex reserves have soared to an unprecedented $728.5 billion, signalling robust economic strength and stability, according to the latest data from the Reserve Bank of India. Illustration: Dado Ruvic/Reuters Key Points India’s forex reserves hit a record high of

Inflation may stay benign: RBI deputy guv

Latest data under the updated series showed retail inflation was at 2.75 per cent in January 2026. Illustration: Dominic Xavier/Rediff Key Points Headline inflation dipped to multi-year lows of around 1.5-2.8% in late 2025 The weight of food and beverages

India’s forex kitty jumps $8.66 bn to record $725.72 bn

The previous all-time high of $723.77 billion was touched in January. Illustration: Dado Ruvic/Reuters Key Points The overall forex reserves dropped $6.71 billion Value of the gold reserves surged by $4.99 billion India’s reserve position with the IMF was also

RBI proposes easing forex transaction norms

Authorised banks and standalone primary dealers access the foreign exchange market for market making, balance sheet management and hedging of risks. Photograph: Francis Mascarenhas/Reuters Key Points An authorised dealer may also undertake transactions on ETPs outside India They can borrow

India’s trade deficit widens to 3-month high of $34.68 bn

Cumulatively during April-January 2025-26 fiscal, India’s exports rose by 2.22 per cent to $366.63 billion. Photograph: Tatiana Meel/Reuters Key Points Cumulatively during April-January 2025-26 fiscal, the country’s exports rose by 2.22 per cent Imports grew 7.21 per cent to $649.86

Wholesale price inflation rises to 1.81% in Jan

Positive rate of inflation in January 2026 is primarily due to increase in prices of manufacture of basic metals, other manufacturing, non-food articles, food articles, and textiles. Photograph: Anushree Fadnavis/Reuters Key Points Non-food articles category inflation spiked to 7.58% in

India’s forex reserves drop $6.7 bn to $717 bn

During the week ended February 6, foreign currency assets, a major component of the reserves, increased by $7.66 billion to $570 billion. Illustration: Dado Ruvic/Reuters Key Points Value of the gold reserves dropped by $14.21 billion Special Drawing Rights were

Forex reserves rise by $14 bn to $700 bn

The reserves climbed to an all-time high of $705 billion in September 2024, but have been under pressure lately Illustration: Dado Ruvic/Reuters Key Points Value of the gold reserves jumped by $4.62 billion to $117.45 billion India’s reserve position with