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India central bank keen to further build up record high FX reserves, say sources: India's central bank will keep building its forex reserves as it seeks to build ...
reuters.com/world/india/india-cenbank-keen-further-build-up-record-high-fx-reserves-say-sources-2024-03-27/
India central bank keen to further build up record high FX reserves ...
Quick Glance: India's Central Bank Focuses on Expanding Record FX Reserves
  • India's central bank aims to continue building its forex reserves to create larger buffers. Strong inflows into the Indian equity and debt markets provide an opportunity for this, according to sources familiar with the bank's thinking.

  • According to analysts, the absorption of dollar inflows by the Reserve Bank of India will indirectly prevent a sharp appreciation of the rupee, despite high economic growth and a positive balance of payments.

  • The pace of reserve building has increased in recent months with significant dollar inflows into the equity and debt markets.

  • Barclays Investment Bank forecasts that India's FX reserves are expected to exceed $700 billion by the end of 2025 to keep up with the economy's growth.
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Believing hype around India’s economic growth would be a serious mistake, says Raghuram Rajan
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Believing hype around India’s economic growth would be a serious mistake ...
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Bank Muscat Honoured with Prestigious Long-Standing Partnership Award from HDFC Bank
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Bank Muscat Honoured with Prestigious Long-Standing Partnership Award from ...
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Trader Joe’s just increased the price of a banana for the first time in more than 20 years
cnn.com/2024/03/25/business/trader-joes-banana-price-increase/
Trader Joe’s just increased the price of a banana for the first time in ...
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Why RBI is wary of co-branded credit cards | Mint: RBI wants to check the unbridled growth in credit cards and prevent the backdoor entry of firms into the ...
livemint.com/industry/why-rbi-is-wary-of-co-branded-credit-cards-11711640898320.html
Why RBI is wary of co-branded credit cards | Mint
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Lenders Rally After India’s Central Bank Eases Investment Curbs: Indian banks and shadow lenders rose Thursday after the country’s central bank eased capital ...
bloomberg.com/news/articles/2024-03-28/lenders-rally-after-india-s-central-bank-eases-investment-curbs
Lenders Rally After India’s Central Bank Eases Investment Curbs
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Gold prices have been hitting record highs — here's why the rally is far from over
cnbc.com/2024/03/21/gold-prices-have-hit-record-highs-heres-why-they-could-rally-further.html
Gold prices have been hitting record highs — here's why the rally is far ...
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The myth of a powerful finance ministry: How being an FM is not easy, despite leading the most powerful ministry
financialexpress.com/lifestyle/the-myth-of-a-powerful-finance-ministry/3435112/
The myth of a powerful finance ministry
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WION Business Wrap | India’s direct tax collection rise, Airbus CEO's concern over Boeing and more
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WION Business Wrap | India’s direct tax collection rise, Airbus CEO's ...
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India Suffering a Quiet Decline in Foreign Direct Investment: Since 2016, net FDI inflows have fallen from about 1.7 percent of GDP to a little over 0.5 percent ...
thediplomat.com/2024/03/india-suffering-a-quiet-decline-in-foreign-direct-investment/
India Suffering a Quiet Decline in Foreign Direct Investment
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Bank credit grows 21% in February: Outstanding loans to agricultural and allied activities rose 20.1% YoY to Rs 20.4 trillion, compared with a 15% growth in ...
financialexpress.com/business/banking-finance-bank-credit-grows-21-in-february-3439874/
Bank credit grows 21% in February
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What are the key levels to watch for as rupee hits fresh all time lows: Market are pricing in that the RBI too is likely to act soon on rate cuts but the timing ...
financialexpress.com/market/cafeinvest-rupee-fell-to-fresh-all-time-lows-3437699/
What are the key levels to watch for as rupee hits fresh all time lows
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Bank of India cuts home loan rates by 15 bps to 8.3 per cent till Mar 31: At 8.3 per cent, a 30-year tenor home loan will have a starting EMI of Rs 755 per month ...
financialexpress.com/business/banking-finance-bank-of-india-cuts-home-loan-rates-by-15-bps-to-8-3-per-cent-till-mar-31-3430703/
Bank of India cuts home loan rates by 15 bps to 8.3 per cent till Mar 31
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Express View on employment data: Jobs, still: New report frames the enormity of the employment challenge that will confront the next government
indianexpress.com/article/opinion/editorials/express-view-on-employment-data-jobs-still-9236933/
Express View on employment data: Jobs, still
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Bank holiday on March 25: Are all banks closed for Holi today? Details here: Bank Holiday Today: There are a total of 14 days of bank holidays in March 2024 ...
hindustantimes.com/business/bank-holiday-on-march-25-are-all-banks-closed-for-holi-today-details-here-101711334580158.html
Bank holiday on March 25: Are all banks closed for Holi today? Details ...
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Top 5 news of the day: From stock market crash to SC's notice to Centre on CAA -- Here's what grabbed headlines today | Mint
livemint.com/news/india/top-5-news-of-the-day-from-stock-market-crash-to-scs-notice-to-centre-on-caa-heres-what-grabbed-headlines-today-11710847971132.html
Top 5 news of the day: From stock market crash to SC's notice to Centre on ...
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Union Bank CDO quits within just 18 months: Prior to joining Union Bank, Khare was the head of digital transformation in HDFC Bank, chief innovation officer in ...
financialexpress.com/business/banking-finance-union-bank-cdo-quits-within-just-18-months-3435274/
Union Bank CDO quits within just 18 months
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Russia’s Backdoor to the Global Banking System Is Slamming Shut: A major lender in Dubai has scaled back Russia-related business, while Turkish lenders have ...
wsj.com/finance/banking/russias-backdoor-to-the-global-banking-system-is-slamming-shut-49bf5c53
Russia’s Backdoor to the Global Banking System Is Slamming Shut
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Indian Democracy’s Moment of Truth | by Shashi Tharoor - Project Syndicate: Shashi Tharoor warns that the ruling BJP will do everything it can to curtail dissent ...
project-syndicate.org/commentary/india-bjp-clear-record-of-democratic-erosion-heading-into-2024-general-election-by-shashi-tharoor-2024-03
Indian Democracy’s Moment of Truth | by Shashi Tharoor - Project Syndicate
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Credit on UPI stuck due to fee structure, low adoption: While National Payments Corporation of India (NPCI) has not officially disclosed volumes for credit on ...
financialexpress.com/business/banking-finance-credit-on-upi-stuck-due-to-fee-structure-low-adoption-3429284/
Credit on UPI stuck due to fee structure, low adoption