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India's forex reserves at record high of USD 675 billion, external sector resilient: RBI Governor Shaktikanta Das

The previous all-time high for the kitty was USD 670.857 billion on July 19 this year, and the last…

PTI   


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India just made it easier for companies to borrow money from overseas

In addition to banks and financial institutions, all companies that are eligible for forei…

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India's external debt of $620bn is sustainable: Finance Ministry report

In a recent report, the Department of Economic Affairs said the country's external debt continue…

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India's external debt rose 8.2% in 2021-22 to $620 billion

India's external debt rose by 8.2 per cent to stand at $620.7 billion on March 31, 2022, compared t…

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RBI's moves to boost forex inflows could have an impact on domestic borrowing rates

Reacting to RBI's moves on Wednesday, Emkay Global in a report said: "While these measures to boost…

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SBI passes on entire repo rate cut to borrowers

It allowed a repayment moratorium for three months on all term loans outstanding as on March 1, 20…

PTI   


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Indian cos' foreign borrowings down 45 pc to USD 2 bn in Dec'19

The borrowers taking the automatic route of ECB included HPCL-Mittal Pipelines (USD 262.5 million)…

PTI   


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India Inc's overseas borrowing up 6.5% to USD 2.12 bn in Nov 2019

Mumbai, Jan 5 () Overall borrowings by India Inc from overseas markets grew 6.5 per cent to USD 2.…

PTI   


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India Inc’s overseas borrowing dropped down to $1. 47 billion in October

Since October 2015, they had borrowed a total of USD 2.11 billion from overseas sources. Also, an a…

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RBI to allow opening of rupee account outside India

The RBI said it has finalised a strategic action plan for 2024-25 and envisaged liberalisation …

PTI   


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FDI flows jump to 21-month high in October

The net Foreign Direct Investment (FDI) flowing into India reached a 21-month high in October refle…

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The Fed could still kill off more zombie companies even after bankruptcies have spiked 54% since last year

Business failures have soared 54% since last year, and experts say the spike can be attributed to t…

Phil Rosen   


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Dollarization is the only way for Argentina to stop its 'death spiral', economist Steve Hanke says

The Johns Hopkins professor echoed the views of Argentina's presidential candidate Javier Milei – w…

Joseph Wilkins   


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India's balance of payments shows improvement in Q1 FY24

One of the standout features of India' 2023-24 was the substantial narrowing of the Current Account…

ANI   


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The AI craze is blurring these 4 serious economic threats to the US. Here's a closer look.

Underneath all the mania around AI are serious economic risks facing the US – here's a closer look …

Zahra Tayeb   


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Dollarization is the only way out for Argentina from its deepening debt trap, top economist Steve Hanke says

The top economist's comments as the South American nation struggles with a collapsing currency, tri…

Zahra Tayeb   


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RBI tries to boost forex reserves by easing NRI deposit norms

The Reserve Bank of India (RBI) on Wednesday announced a series of measures to boost foreign exchan…