RBI announces Rs 2 lakh crore VRRR auction to absorb excess liquidity

Mumbai — The Reserve Bank of India has announced a Rs 2 lakh crore seven-day Variable Rate Reverse Repo (VRRR) auction scheduled for April 17, aimed at managing surplus liquidity in the banking system.

According to the central bank, the…

India’s Forex Reserves Climb to $700.9 Billion, Signals Strong External Position

New Delhi: India’s foreign exchange reserves rose by $3.82 billion to reach $700.946 billion for the week ended April 10, according to data released by the Reserve Bank of India.

This marks a steady rebound in the country’s reserves,…

India’s trade deficit narrows as exports rebound, services surplus stays strong

India’s external sector showed notable resilience in March 2026, with the goods trade deficit narrowing to around $21 billion, supported by a recovery in exports and a sharp decline in precious metal imports, according to a report by Emkay Global…

India’s Engineering Exports Hit Record $122 Billion in FY26

India’s engineering sector has reached a new milestone, with exports climbing to a record $122.43 billion in FY 2025–26, surpassing last year’s $116.75 billion and registering around 5% growth, according to EEPC India.

The…

Sensex surges 1,300 points as easing US-Iran tensions lift market mood

Mumbai — Indian equity markets opened sharply higher on Wednesday, with benchmark indices rallying as global sentiment improved following signs of easing tensions between the United States and Iran.

Investor confidence got a boost after…

Markets Rally Strong: Sensex Surges 1,264 Points, Nifty Jumps 1.6% on Easing Global Tensions

Mumbai: Indian equity markets witnessed a sharp rally on Wednesday, buoyed by improving global sentiment after signals of easing tensions between the US and Iran. Optimism grew after Donald Trump indicated that the conflict could be nearing a…

India’s Exports Climb, Trade Deficit Shrinks to $20.67 Billion in March

New Delhi: India’s merchandise trade position improved in March, with exports rising steadily and imports declining, helping narrow the trade deficit to $20.67 billion, according to data released by the Ministry of Commerce and Industry.

Gold and Silver Prices Rebound Amid Geopolitical Tensions and Easing Inflation Concerns

Global bullion markets saw a strong recovery on Tuesday, with gold and silver prices rising by up to 2%, following a brief two-day decline. The rebound comes amid a mix of easing inflation worries and ongoing geopolitical developments, particularly…

India Can Withstand Energy Price Shock, But Fiscal Pressure May Rise: Report

A recent report by S&P Global Ratings suggests that India is well-positioned to absorb a sharp rise in energy prices, thanks to strong domestic fundamentals and improved financial health across corporate and banking sectors.

According to…

Oil Prices Spike Past $100 as Hormuz Tensions Escalate

Global crude oil markets saw a sharp surge on Monday, with prices jumping nearly 10% and crossing the $100 per barrel mark, after the United States moved to blockade the strategically critical Strait of Hormuz amid rising tensions with Iran.

Why…