RBI - Asian News from UK

Rupee may slide to 94.50 against dollar

The rupee could test 94.50 against the US dollar in the near term, according to an SBI Research report. It said India’s foreign exchange reserves remain adequate but called for long-term reforms

October 12, 2026

-Top News·India News

India’s Dollar Inflows Surge

The early closure of the FCNR(B) window reflects what the RBI has described as an encouraging response. Banks have actively sought to attract overseas deposits, with some offering more competitive interest rates

August 25, 2026

Business·India News

India Denies Reports of $12 Billion Gold Reserve Sale

The PIB Fact Check unit has dismissed reports suggesting the Reserve Bank of India sold a significant portion of its gold holdings…reports Asian Lite News Desk The government on Wednesday rejected claims

June 3, 2026

-Top News·Economy·India News

RBI Holds Rates, Boosts Outlook

One of the most significant announcements was the upward revision of India’s GDP growth forecast for FY 2025–26—from 6.5% to 6.8% In a move reflecting cautious optimism, the Reserve Bank of India

October 2, 2025

Business·India News

Sanjay Malhotra to Replace Shaktikanta Das as RBI Governor

He has extensive experience in finance and taxation at the State as well as the Central Government. As a part of his present assignment, he plays an instrumental role in tax policy

December 10, 2024

-Top News·Economy·India News

RBI’s New Game Plan

The move is aimed at attracting more foreign capital at a time when the Indian rupee has come under pressure as foreign investors have been pulling money out of the Indian stock

December 8, 2024

Business·Economy·India News

‘India Can’t Afford Another Inflation Surge’

The global economy, despite its uneven growth, remains resilient, with headline inflation softening in many countries….reports Asian Lite News India cannot risk another bout of inflation and the best approach would be

October 24, 2024

Business·Economy·India News

RBI: India Could Be World’s 2nd Largest Economy by 2031

In his speech now posted on the RBI website, Patra said: “Historically, India’s investment has been financed by domestic savings, with households being the prime provider of resources to the rest of

July 14, 2024

Economy·India News

RBI’s New SAARC Swap Plan

A currency swap between two countries is an agreement or contract to exchange currencies with predetermined terms and conditions….reports Asian Lite News The Reserve Bank of India (RBI), with the approval of

June 28, 2024

Business·Economy·India News

RBI’s Vision for Global South Wins Industry Praise

The Central Bank has kept interest rates unchanged, balancing economic growth and inflation control….reports Asian Lite News Industry experts on Friday hailed the status quo stance of the monetary policy, expecting the

June 9, 2024

-Top News·INDIA 2024·India News