Business

July 21, 2026 7:37 PM

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FOREX inflow crossed over $20 bn under RBI’s special swap scheme

  Banks have mobilised over 20.7 billion US Dollars (USD) in foreign exchange inflows under the Reserve Bank of India's (RBI) special swap scheme till Friday last week. The scheme was operationalised on 8th June. According to RBI’s data issued yesterday, of the total deposits, banks received over 17...

July 20, 2026 10:01 PM

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RBI Absorbs Net Liquidity of ₹70,888 Crore from Banking System

The Reserve Bank of India (RBI) absorbed net liquidity of Rs 70,888.18 crore from the banking system as of July 17, 2026, according to its latest Money Market Operations data released today. The central bank's liquidity adjustment operations showed a net absorption of Rs 81,672 crore during the day'...

July 20, 2026 8:32 PM

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Commerce Minister Piyush Goyal, UAE Minister Discuss Trade and Investment Ties

Union Minister of Commerce and Industry Piyush Goyal today held a meeting with Minister of Economy and Tourism of the United Arab Emirates Abdulla bin Touq Al Marri, along with the accompanying delegation in New Delhi. In a social media post, Mr Goyal said that the discussions involved avenues to fu...

July 20, 2026 6:51 PM

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Nearly 55.5 Crore Users Onboarded on UPI as of June

The government has informed that nearly 55.49 crore users have onboarded on UPI as of June this year. In a written reply to a question in the Lok Sabha, Minister of State for Finance, Pankaj Chaudhary, today said that UPI transactions grew 24,162 crore in volume and 314 lakh crore in value in the fi...

July 20, 2026 3:55 PM

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Uttarakhand Exports First Frozen French Fries Consignment to Iraq

The Agricultural and Processed Food Products Export Development Authority (APEDA) has facilitated the first export of 24 Metric Tonnes (MT) of Frozen French Fries from Kashipur in Uttarakhand to Iraq. The consignment is being exported by Virun Global Trade Pvt. Ltd. Ministry of Commerce and Industry...

July 19, 2026 5:56 PM

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FPIs turn net buyers of Indian equities after four months

After four consecutive months of selling, Foreign Portfolio Investors (FPIs) have turned net buyers of Indian equities. According to the latest depository data, FPI's have invested 11 thousand 897 crore rupees in the domestic stock market so far this month. Weakness in the global semiconductor trade...

July 17, 2026 8:15 PM

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India’s foreign exchange reserves rise marginally during week ended July 10

  India’s foreign exchange reserves rose marginally by 964 million US dollars to 675.1 billion US dollars during the week ended July 10. According to the Reserve Bank of India data, Foreign currency assets, the largest component of the reserves, increased by 930 million USD to 546.5 billion USD duri...