India’s Forex Reserves Decline by $2.54 Billion, Gold Reserves Rise
Despite the overall decline, gold reserves saw a notable increase of $1.94 billion, reaching $74.15 billion.
RBI Seeks Public Comments on Draft Circular for Responsible Lending Conduct
The draft circular seeks to address concerns regarding fair lending practices and ensure transparency in loan repayments.
Deposit Insurance coverage should range between Rs 5.2 lakh and Rs 21 lakh: CareEdge
India’s deposit insurance coverage should ideally be set between Rs 5.2 lakh and Rs 21 lakh, according to a report
Veteran Journalist P. Devarajan passes away at 79
Devarajan is survived by his wife, two daughters, a son, and grandchildren
RBI to inject liquidity through long-term USD/INR buy/sell swap auction
The auction is scheduled to take place on February 28, 2025, between 10:30 AM and 11:30 AM, with the far leg settlement date set for March 06, 2028.
ChatGPT writes: “DeepSeek? Nice Try, But Here’s Why I’m Not Worried”
Look, DeepSeek is a step in the right direction for AI diversity, and I respect that. But am I worried? Not really.
Breaking Free: How the salaried class can escape the debt trap
In a climate where debt is often seen as an inevitable part of modern life, these strategies offer hope and practical guidance for anyone looking to break free and secure a more stable financial future.
Gold futures rise Rs 546 to Rs 86,456/10g
Market watchers will be keeping a close eye on upcoming economic data and central bank communications for additional clues about future price movements.
RBI launches RBIDATA Mobile app to simplify access to economic data
The RBIDATA app offers access to over 11,000 different series of economic data, presenting a comprehensive view of the Indian economy
Exports decline afresh, imports surge, widening trade deficit
India’s trade deficit widened in January 2025 as exports contracted after a brief recovery, while imports surged, driven by increased machinery imports and gold inflows.