₹2.1 Lakh Cr: RBI's Record Dividend Swells Govt Coffers indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.
If anything, an improvement in India s domestic and external fundamentals, along with events like the inclusion of domestic debt in global bond indices, has prompted foreign investors to pour funds here, a compressed rate differential notwithstanding.
Global finance chiefs convening in Washington for the International Monetary Fund-World Bank spring meetings are sweating the strength of the US economy, as elevated interest rates and a strong dollar force other currencies lower and complicate plans to bring down borrowing costs.
Charting the Global Economy: Fed Delay Recalibrates All Rates bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
India s foreign exchange reserves reached a new record high of $648.56 billion in the week ending April 5th, surpassing the previous peak of $645.58 billion. The reserves increased by $2.9 billion, primarily driven by a $2.4 billion rise in gold assets, influenced by a surge in bullion prices. Geopolitical uncertainties in West Asia and Eastern Europe have prompted central banks worldwide to boost their gold assets, aiming to mitigate currency volatility and high interest rates in the US.