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India's tax revenues

18 Aug 2017

'India will benefit from growing tax revenue in FY2018'

India's tax revenues will benefit from a widening tax base and robust advance collections, but non-tax revenues will face speed-bumps in fiscal 2018, the Development Bank of Singapore said on Friday.

India's foreign exchange

05 Nov 2016

India's foreign exchange reserves move up by $16 million to reach $367 billion

India`s foreign exchange reserves inched up by $16.6 million to $367.15 billion as on October 28, the Reserve Bank of India (RBI) has said.

22 Oct 2016

FCNR payments, strong US dollar deplete India's forex reserves

A strengthened US dollar and FCNR B (Foreign Currency Non Resident Bank) payments, drained $1.50 billion from India`s foreign exchange (Forex) kitty, experts said on Saturday.

26 Aug 2016

RBI wants to liberalise while strengthening bond markets: Raghuram Rajan

Reserve Bank of India (RBI) Governor Raghuram Rajan on Friday said that the central bank aims to go for liberalisation while strengthening the bond market.

foreign reserves

26 Aug 2016

Forex reserve at record high of $367.169 billion

The country's foreign exchange reserves increased by a healthy USD 1.346 billion to touch a record high of USD 367.169 billion in the week to August 19 mainly due to a rise in foreign currency assets (FCAs).

foreign currency assets

24 Jun 2016

Forex reserves touch a life-time high of $363.8 billion

Foreign exchange reserves hit a life-time high of USD 363.8 billion after it rose USD 592.1 million in the week ended June 17, the Reserve Bank said on Friday.

07 Dec 2015

China's foreign reserves fall to $3.44 trillion, a near three-year low

The country's foreign exchange stockpile, the world's biggest, declined to USD 3.44 trillion last month, down USD 87.2 billion from October, according to figures released by the State Administration of Foreign Exchange (SAFE).

19 Mar 2015

India's record FX warchest set for US Fed rate hike test

Chastened by a tumble in the rupee in 2013 at the prospect of tighter US monetary policy, India has built up record foreign exchange reserves of nearly $340 billion to insulate the economy from capital flight as the United States prepares to lift interest rates.

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