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New Delhi: Debt-ridden Pakistan is facing a grim financial situation as it has to repay $3.5 billion to the United Arab Emirates this month. The repayment, confirmed by a senior cabinet minister during a press briefing, as reported by Pakistan's Express Tribune, comes at a time when Islamabad's foreign exchange reserves have fallen to abysmally low levels, raising concerns about the country's capacity to fulfil its external debt obligations. This financial burden has been intensified by the Uni ...Read More >
April 6 (Reuters) - India's central bank on Monday kept foreign debt investment limits unchanged for 2026-27, as foreign investors continue to hold lesser amounts of government bonds than permitted. The central bank, which revises these limits annually, said overall investment ceilings will increase in absolute terms as the pool of government debt increases. Here are the details: ** Foreign portfolio investment limits for 2026-27 were kept unchanged at 6% for government securities, 2% for st ...Read More >
New Delhi, Apr 2 (PTI) The overall liabilities of the Union government increased during 2024-25 mainly due to an increase in public debt, CAG said in a report on Thursday. "Internal debt and external debt increased by 8.35 per cent and 9.83 per cent, respectively, compared to 2023-24. At the end of FY 2024-25, internal debt stood at Rs 1,59,25,949 crore and Market loans, its primary component, accounted for 69.96 per cent of the total internal debt," CAG report tabled in Parliament said. Capit ...Read More >
NEW DELHI, Oct 25: Pakistan's public debt reached $286 billion by FY25, rising 13% from the previous year and deemed "unsustainable," according to a Maldives Insight report. The debt-to-GDP ratio climbed to 70%, while the fiscal deficit stood at $25.2 billion, largely financed through domestic borrowing. Domestic debt accounts for $194 billion, up 15%, and external debt rose to $92.5 billion. Interest payments increased 9% year-on-year, limiting development spending. Multilateral loans make up ...Read More >
New Delhi, October 22: The Reserve Bank of India (RBI), in its latest State of the Economy article published in the RBI Bulletin of October 2025, noted that while the Indian economy is not immune to global headwinds, it continues to demonstrate resilience. The bulletin attributed this resilience to strong and durable macroeconomic fundamentals, including low inflation, robust balance sheets of banks and corporates, adequate foreign exchange reserves and a credible monetary and fiscal framework. ...Read More >
KOLKATA: India's external debt rose by 1.5%, or $11.2 billion, in the first quarter to $747.2 billion in this fiscal year, central bank data showed. More than 93% of the debt is covered by the country's foreign-exchange stockpile. On a year-on-year basis, external debt increased by 9.6%, from $681.5 billion in the year-ago period. The external debt to GDP ratio, however, moderated to 18.9% from 19.1% three months ago. The ratio of India's international assets to international liabilities also ...Read More >
New Delhi [India], September 30 (ANI): India's external debt stood at USD 747.2 billion at the end of June 2025, marking an increase of USD 11.2 billion over the level recorded at end-March 2025, according to data released by the Reserve Bank of India (RBI) on Tuesday. The data shows that the external debt to GDP ratio moderated slightly to 18.9 per cent at end-June 2025 from 19.1 per cent at end-March 2025. Also Read | School Assembly News Headlines Today, 1 October 2025: Check and Read Impor ...Read More >
MUMBAI: Vedanta Resources (VRL), the London-based parent of Mumbai-listed resources company Vedanta, plans to raise $500 million through seven-year dollar bonds to refinance a costly private credit facility, further paring debt and simplifying its capital structure. The senior notes, issued via Vedanta Resources Finance II, will be guaranteed by parent VRL and subsidiaries including Twin Star Holdings, Welter Trading, and Vedanta Holdings Mauritius II. The deal, launched under Rule 144A/Reg S, ...Read More >
MUMBAI: Vedanta Resources (VRL), the London-based parent of Mumbai-listed resources company Vedanta, plans to raise $500 million through seven-year dollar bonds to refinance a costly private credit facility, further paring debt and simplifying its capital structure. The senior notes, issued via Vedanta Resources Finance II, will be guaranteed by parent VRL and subsidiaries including Twin Star Holdings, Welter Trading, and Vedanta Holdings Mauritius II. The deal, launched under Rule 144A/Reg S, ...Read More >
Bhopal: Ahead of the Supreme Court hearing from September 23, an all-party meeting was hosted by Madhya Pradesh Chief Minister Mohan Yadav on Thursday at his official residence, where a formal resolution to ensure the full 27% reservation for Other Backward Classes (OBCs) has been unanimously adopted, marking a decisive shift in the state's legal and administrative posture. Backed by all major parties, the resolution affirms that the remaining 13% of the quota, on top of the 14% already impleme ...Read More >
Mumbai, Aug 28 (PTI) India's natural diamond polishing industry faces a 28-30 per cent fall in revenues to USD 12.50 billion in this financial year as the steep 50 per cent tariff imposed on Indian exports by the US kicks in, a report said on Thursday. An additional 25 per cent tariffs on Indian products entering the American market came to effect on Wednesday after the US administration's move to penalise India for purchasing Russian oil. This is on top of the 25 per cent the reciprocal tariff ...Read More >
Mumbai (Maharashtra) [India], August 3 (ANI): India's foreign exchange reserves rose by USD 2.703 billion to USD 698.192 billion for the week ending July 25, after falling for three consecutive weeks, according to the official data released by the Reserve Bank of India (RBI). In the previous reporting week, the country's foreign exchange reserves fell by USD 1.18 billion to USD 695.49 billion. In the week ending July 25, foreign currency assets, the major constituent of the forex reserves, ros ...Read More >
Mumbai: India's foreign exchange reserves fell by USD 3.06 billion to USD 696.67 billion for the week ending July 11, marking the second consecutive week of decline, according to official data released by the Reserve Bank of India (RBI). In the previous reporting week ending July 4, the country's forex reserves had slipped by USD 3.049 billion to USD 699.736 billion. In the week ending July 11, foreign currency assets -- the major component of forex reserves -- fell by USD 2.477 billion to USD ...Read More >
Mumbai (Maharashtra) [India], July 20 (ANI): India's foreign exchange reserves fell by USD 3.06 billion to USD 696.67 billion for the week ending July 11, marking the second straight week of decline, according to the official data released by the Reserve Bank of India (RBI). In the previous reporting week of July 4, the country's forex reserves witnessed a slip of USD 3.049 billion to USD 699.736 billion. Also Read | Kolkata Fatafat Result Today: Kolkata FF Result for July 20, 2025 Declared, C ...Read More >
Mumbai (Maharashtra) [India], July 20 (ANI): India foreign exchange reserves fell by USD 3.06 billion to USD 696.67 billion for the week ending July 11, marking the second straight week of decline, according to the official data released by the Reserve Bank of India (RBI). In the previous reporting week of July 4, the country forex reserves witnessed a slip of USD 3.049 billion to USD 699.736 billion. In the week ending July 11, foreign currency assets, which are the major constituent of the f ...Read More >
Mumbai (Maharashtra) [India], July 12 (ANI): India's foreign exchange reserves (forex) witnessed a slip of USD 3.049 billion to USD 699.736 billion for the week ending July 4 amid the uncertain global trade environment, official data released by the Reserve Bank of India showed. In the preceding week, the country's forex reserves registered an uptick of USD 4.8 billion to USD 702.78 billion. Also Read | Bodoland Lottery Result Today, July 12, 2025: Assam State Lottery Sambad Saturday Lucky Dra ...Read More >
Mumbai (Maharashtra) [India], July 12 (ANI): India's foreign exchange reserves (forex) witnessed a slip of USD 3.049 billion to USD 699.736 billion for the week ending July 4 amid the uncertain global trade environment, official data released by the Reserve Bank of India showed. In the preceding week, the country's forex reserves registered an uptick of USD 4.8 billion to USD 702.78 billion. In the week ending July 4, according to the RBI data, the major component of the forex reserves, the fo ...Read More >
Mumbai (Maharashtra) [India], July 12 (ANI): India foreign exchange reserves (forex) witnessed a slip of USD 3.049 billion to USD 699.736 billion for the week ending July 4 amid the uncertain global trade environment, official data released by the Reserve Bank of India showed. In the preceding week, the country forex reserves registered an uptick of USD 4.8 billion to USD 702.78 billion. In the week ending July 4, according to the RBI data, the major component of the forex reserves, the foreig ...Read More >
Mumbai: The ₹500-crore non-convertible debenture (NCD) issue of Adani Enterprises has been oversubscribed three times on its first day of subscription, data on exchanges showed, indicating strong retail interest for the issue. Apart from the base size of ₹500 crore, the issue also has a green shoe option to raise another ₹500 crore for the Adani Group flagship company that houses all the new businesses. The issue opened for subscription on Wednesday, and is scheduled to remain open until July 2 ...Read More >
New Delhi: India's foreign exchange reserves rose by USD 4.84 billion to USD 702.78 billion for the week ending June 27, close to the record high of USD 704.89 billion in September 2024, according to RBI data. This is a strong recovery from January when reserves had dropped to around USD 624 billion. The increase came mainly from foreign currency assets, which jumped by USD 5.75 billion to USD 594.82 billion, while gold reserves fell by USD 1.23 billion to USD 84.5 billion. Special Drawing Rig ...Read More >
New Delhi [India], July 6 (ANI): India's foreign exchange reserves (forex) witnessed an uptick of USD 4.8 billion to USD 702.78 billion for the week ending June 27, after a decline in the previous week, official data released by the Reserve Bank of India showed. In the week ending 20 June, forex stood at USD 697.93 billion, down by USD 1.02 billion from the previous week. Also Read | Bhind Shocker: Porn-Addict Man Kills Wife for Refusing To Record Sex Act; Police Find Obscene Videos and Sex-En ...Read More >
India's Latest Forex Reserves: India's foreign exchange reserves rose sharply by $4.84 billion to $702.78 billion in the week ended June 27, bringing them within striking distance of the all-time-high level of $704.89 billion recorded in end-September 2024, according to the latest data released by the Reserve Bank of India (RBI). This marks a strong rebound from late January levels, when reserves had fallen to a multi-month low of around $624 billion. The gain was led by an increase in foreign ...Read More >
India is pressing multilateral development banks (MDBs) to lend more in Japanese yen and Indian rupees in an attempt to reduce borrowing costs and manage exchange rate risks more effectively, two officials aware of the matter said. New Delhi has steadily expanded loans and official development assistance (ODA) in yen to gain from ultra-low interest rates and the rupee's appreciation against the Japanese currency. Many of these loans finance infrastructure and development projects. "Yen rates r ...Read More >
MUMBAI: India's foreign exchange reserves (forex) declined by USD 1.02 billion this week after extending gains in the previous week stabilising at USD 697.93 billion, official data released by the Reserve Bank of India showed. The Forex extended their gains, jumping USD 2.294 billion to USD 698.950 billion in the week ending June 13. As on June 20, the data shows that the foreign currency assets declined USD 0.36 billion to USD 589.07 billion. Gold reserves were down by USD 5.73 million to stan ...Read More >
Mumbai (Maharashtra) [India], June 29 (ANI): India's foreign exchange reserves (forex) declined by USD 1.02 billion this week after extending gains in the previous week stabilising at USD 697.93 billion, official data released by the Reserve Bank of India showed. The Forex extended their gains, jumping USD 2.294 billion to USD 698.950 billion in the week ending June 13. Also Read | FIFA Club World Cup 2025 Live Streaming in India, Paris Saint-Germain vs Inter Miami: Where To Watch CWC Round of ...Read More >
Chennai/New Delhi, June 27 (UNI) The CBI conducted nation-wide raids at 42 locations in five states and arrested nine people in connection with Mule Bank Accounts being used in Cyber frauds. In continuation of its on-going efforts to combat Cyber Crime and Digital Arrest Scams, the CBI acting on specific information and after verification launched coordinated searches at 42 locations across five States--Rajasthan, Delhi, Haryana, Uttarakhand and Uttar Pradesh--as part of the Operation Chakra ...Read More >
The long-term debt (with original maturity of above one year) at end-March 2025 was placed at $601.9 billion, an increase of $60.6 billion over its level at end-March 2024. India's external debt rose to $736.3 billion, or 19.1 per cent of gross domestic product (GDP), at the end of March 2025 from $668.8 billion, or 18.5 per cent of GDP, a year ago. In a statement, the Reserve Bank of India (RBI) said the valuation effect due to the appreciation of the US dollar vis-à-vis the Indian rupee and ...Read More >
Mumbai, Jun 27 (PTI) India's external debt increased by 10 per cent to USD 736.3 billion at the end of March 2025 compared to USD 668.8 billion in the year-ago period, the Reserve Bank said on Friday. As a percentage of the GDP, the external debt increased to 19.1 per cent at the end of the recently concluded financial year from 18.5 per cent a year ago, it added. In a year which saw some volatilities in the currency markets, the RBI said the "valuation effect" due to the appreciation of the U ...Read More >
Bhubaneswar: Hundreds of junior school teachers from across the state Friday staged a protest here demanding regularisation of their services and withdrawal of contractual appointment system. Holding posters and banners against the contractual appointment of junior teachers in schools, the teachers, including women, demonstrated at Mahatma Gandhi Marg here. The teachers, representing various schools across the state, demanded immediate regularisation of their posts and scrapping of the contract ...Read More >
Mumbai: India's forex reserves dropped by $1.237 billion to $691.485 billion for the week ended May 30, the RBI said on Friday.The overall reserves had jumped by $6.992 billion to $692.721 billion in the previous reporting week. The forex reserves had touched an all-time high of $704.885 billion in end-September 2024. Earlier in the day, RBI Governor Sanjay Malhotra said that at $691.5 billion, the reserves are sufficient to fund more than 11 months of goods imports and about 96 per cent of ext ...Read More >
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