Monday, Sep 26, 2022

Foreign Exchange

India's Forex Reserves Down By $878 Million To Stand At $632.736 Billion

Jan 14, 2022 Press Trust of India

In the previous week ended December 31, the reserves had dropped by $1.466 billion to $633.614 billion.

CBI Nabs Six In Rs 6,000 Crore Remittance Scam In Bank Of Baroda

Oct 27, 2021 Outlook Web Desk

According to the CBI officials, Rs 6,000 crore was transferred through nearly 8,000 transactions done between July 2014 and July 2015.

Indians Paid Rs 263 Billion In Foreign Exchange Fees In 2020: New Study Reveals

The overall amount Indians have spent on transaction fees for sending money abroad have decreased over the past five years, the fees paid to exchange rate margins are growing.

India's Foreign Exchange Reserves Rise By $1.49 Billion To Touch $641 Billion

Oct 22, 2021 Outlook Business Team

Special drawing rights with International Monetary Fund (IMF) fell by $21 million to reach $19.25 billion in the reporting week. India's reserve position with the IMF rose $6 million to reach $5.23 billion.

India's Forex Reserve Increase By $2.04 Billon To Reach $639.52 Billion: RBI

India's reserve position with the International Monetary Fund fell by $3 million to about $5.23 billion in the reporting week, the data stated.

01 October, 2021

Forex Reserves Descend To $638.65 Billion

Outlook Business Team

The apex bank stated that the fall in reserves was on account of a fall in the foreign currency assets (FCAs) which is a major component of the overall reserves.

30 September, 2021

Forex Reserves Rise By $34.1 Billion In April-June Quarter: RBI Data

Outlook Business Team

On the balance of payment basis, excluding valuation effects, forex reserves rose by $31.9 billion in the June-end quarter compared to $19.8 billion in the year-ago period.

22 September, 2021

Rupee Falls 26 Paise To Close At 73.87 Against Dollar

Outlook Business Team

The local currency opened at 73.70 and touched an intra-day high of 73.66 against the dollar in trading hours today

15 September, 2021

Rupee Spikes 2 Paise To Touch 73.66 Against US Dollar in Early Trade

Outlook Business Team

Inflation in the United States is headed on an easing trajectory, inflation in August 2021 receded to the smallest increase in the last seven months

14 July, 2021

Economic Crisis: Sri Lanka Cuts Back On Imports Amid Mounting Debt

Associated Press (AP)

Shortages are pushing prices higher for many consumer goods, from bread to construction materials to gasoline, triggering protests among Sri Lankans fed up with the prolonged crisis.

09 June, 2021

Rupee Slips 13 Paise To 73.02 Against US Dollar In Early Trade


The domestic unit opened at 72.90 against the dollar, then slipped 13 paise to 73.02 against the American currency


02 June, 2021

Rupee Falls 27 Paise To 73.17 Against US Dollar In Early Trade


Indian Rupee goes down by 27 paisa in a day

17 February, 2021

Rupee Slips 5 Paise To Close At 72.74 Against US Dollar


The dollar index, which gauges the greenback's strength against a basket of six currencies, gained 0.35 per cent to 90.82.

04 November, 2020

Covid-19, Brexit Game Changers For India-UK Ties: Vardhan Shringla


We would like the UK to come in as a major investor and innovation partner, says Vardhan while addressing the Policy Exchange think tank on 'India's Vision of the Indo-Pacific'

13 September, 2019

Bulls Rear Their Head Again On Markets As Nifty, Sensex Move Up

Outlook Web Bureau

If consumption stocks make a comeback, it would indicate that the lack of credit – which had hampered the stocks in the sector – was perhaps ending, pointing to a better future.

28 August, 2019

India's Forex Reserves Were Healthier In 2008: Jalan Committee Which Okayed 1.76 Lakh Cr Transfer

Outlook Web Bureau

The RBI may have to make efforts to step-up its forex reserves, says the Jalan Committee report, pointing to a not-too-comfortable a picture, unlike the impression being given by the government.

08 July, 2019

Foreign Tourists Spent Less, Caused Over Rs 6500 cr Loss In 2018

Jeevan Prakash Sharma

For the first time in a decade, India witnessed a decline in Foreign Exchange Earnings (FEE) of 1 billion dollars from foreign tourists


09 May, 2019

Ready To Return If SC Assures Will Not Be Arrested: Zakir Naik

Outlook Web Bureau

Islamic preacher Zaik Naik, who is living in Malaysia since 2016, says he is ready to return to India if the Supreme Court gives an assurance that he would not be arrested till his conviction

Photo Gallery

A farmer sits near his red chillies at a deserted APMC market, during the weekend curfew imposed by the Karnataka government to curb the spread of COVID-19, in Hubballi.

PTI Photo

Delhi Chief Minister & AAP National Convenor Arvind Kejriwal being welcomed by women supporters during his door-to-door campaign ahead of the Goa Assembly elections, in Goa.

PTI Photo

A health worker collects swab sample of a woman for COVID-19 test, amid concerns over rising Omicron cases, in Gurugram.

PTI Photo

Traffic jam on a road at Shalimar Bagh during the weekend curfew imposed by the Delhi government to curb the spread of Covid-19, in New Delhi.

PTI Photo/ Shahbaz Khan

The Lajpat Nagar market wears a deserted look during the weekend curfew imposed by the Delhi government to curb the spread of Covid-19, in New Delhi.

PTI Photo/ Shahbaz Khan

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The Future of Universities: Can India Overcome The Digital Divide?

The pandemic has made it clear that virtual learning is here to stay. In the West, the big question is whether it will dilute the quality of the college experience and education. In India, which grapples with digital divide, the question remains whether this will reach most people at all.

Jan 15, 2022 Saikat Majumdar

Super Immunity, Natural Vaccines, Covid Gods: A Desi Guide To Denying The Pandemic

Even after two years of the Covid-19 pandemic, many 'informed' individuals in India continue to deny the virus with unscientific claims and unfounded data. The latest? Omicron will end the pandemic.

Jan 08, 2022 Rakhi Bose

What Is The Future Of The Liberal Arts In Asia?

Across Asia there are deeply entrenched obstacles to a mode of higher education that is liberal in multiple senses – disciplinary and epistemological but also social and political.

Jan 01, 2022 Saikat Majumdar

Nagaland To Lakhimpur Kheri: Rights, Regimes And Restitutions in Times Of Turbulence

The two incidents in the recent past, one in Mon district of Nagaland and the other at Lakhimpur Kheri in Uttar Pradesh, undermined the core principles democracy and federalism.

Dec 28, 2021 Tanvir Aeijaz