US inflation rises to 2.9% in Aug., hitting 2025 high
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Reserve Bank of India (RBI) data released on Friday, 12 September 2025, showed that India's total foreign exchange (forex) reserve had jumped to $698.26 billion as of 5 September 2025. To mark the increase,
Indian authorities are balking at broad crypto regulation over concerns it would confer legitimacy, according to Reuters.
The Reserve Bank of India (RBI) is increasing its gold reserves as part of a diversification strategy. Generally, gold acts as a safeguard against fluctuations in the dollar, geopolitical tensions, and inflation, particularly during periods of heightened uncertainty.
India is swapping U.S. Treasuries for gold, providing a concrete example of de-dollarization. As a Times of India report put it, U.S. Treasuries “seem to be losing favor.” Meanwhile, the Indian central bank has been rapidly increasing its gold reserves.
1hon MSN
Lower inflation, reduced interest rates to extend broader support to India's domestic demand
Lower headline inflation and reduced interest rates are set to extend broader support to domestic demand in the economy amidst global headwinds, a report has said. The
The Reserve Bank of India has penalised PhonePe Limited with a fine of Rs 21 lakh for non-compliance with Prepaid Payment Instruments guidelines.
Are banks closed today? Saturday bank holidays often cause huge confusion among Indians, as the Reserve Bank of India has mandated bank holidays on every second and fourth Saturday of the month. That's why it is a bank holiday on September 13, which is the second Saturday of the month.
The core problem in India is jobs. It needs 12 million new positions each year to absorb its youth workforce, but official unemployment data are unreliable and likely understate the scale of underemployment.
The public can send Rs 2000 banknotes through India Post from any post office within the country, to any of the RBI issue offices for credit to their bank accounts.
NEW DELHI (Reuters) -India is leaning towards not creating legislation to regulate cryptocurrencies in the country and instead will maintain partial oversight, fearing that bringing the digital assets into its mainstream financial system could raise systemic risks,
This purchase, according to property experts, is one of the largest in the history of Mumbai, at a price of more than Rs 800 crore per acre
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