Search Results for: forex reserves

Rajan says forex intervention to continue to reduce volatility

India will intervene in the currency market when there's a sustainable risk in global markets, Rajan said.

Apr 19, 2016

Foreign exchange reserves hit new high of $359.91 billion

India's foreign exchange reserves stood at a new high of $359.91 billion in the week ended April 8, 2016, according to RBI.

Apr 16, 2016

India's foreign exchange reserves hit an all-time high of $360 billion

The reserves stood at $359.75 billion in the week ended April 1, up from the earlier historic high of $355.94 billion.

Apr 8, 2016

GVK family fail to pay Rs 1,662 crore for coal mines in Australia

The Reddy family had acquired the Hancock coal mines for $1.2 billion in 2011, Business Standard reports.

Apr 7, 2016

India's coal import bill down Rs. 28,000 crore in FY16

The government has planned to double the coal output to one billion tonnes by 2019-2020.

Apr 6, 2016

Poor monsoon, rupee decline could spike inflation: Moody's

The credit rating agency's caution is similar to the concerns expressed by the RBI after Tuesday's monetary policy review meet.

Apr 5, 2016

Oil prices fall on dimming prospect of output restraint

International Brent futures LCOc1 were down 1 percent or 40 cents at $38.27 a barrel.

Apr 4, 2016

Adani wins state go-ahead for $7.7 billion coal project in Australia

Environmentalists had complained the projects would harm the Great Barrier Reef in Australia and contribute to climate change.

Apr 3, 2016

Watch India Open semifinals live: Saina Nehwal vs Li Xuerui live streaming and TV information

Saina will need to be at her best to beat Li in the semis of the India Open badminton

Apr 2, 2016

India's forex reserves slide from historic high

Foreign exchange reserves dropped $387.5 million in the week ended March 25, after hitting an all-time high of $355.94 billion in the preceding week.

Apr 1, 2016

India's external debt rises to $480B

A $4.9 billion rise in external debt over March 2015 was largely on account of an increase in external commercial borrowings and non-resident Indian deposits.

Mar 31, 2016

Indian rupee depreciates 50% in 5 years

The currency was trading at about 66.22 March 31, 2016 afternoon, marking a fall of 48.67 percent over its March 2011 closing of 44.54 to the US dollar.

Mar 31, 2016

Coal thermal power power electricity piyush goyal

India to double coal output by 2020, even without private participation

India's power and coal minister Piyush Goyal says state-owned companies would ramp up production in the absence of private participation.

Mar 28, 2016

India's foreign exchange reserves touch a historic high of $355.94 billion

India's foreign exchange reserves rose $2.53 billion in the week ended March 18, according to RBI weekly supplement released Friday.

Mar 26, 2016

Indian Oil Corporation Petrol prices petrol price hike IOC

India hopes to sign Farzad B gas field deal with Iran next month

India's Oil Minister said he is "hopeful" a deal on Farzad B could be concluded during his visit to Tehran on April 9-10.

Mar 23, 2016

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