India Rupee shows strong rebound on firm RBI support

On Friday, the Indian rupee made a notable leap, finishing the day above the 96 per dollar threshold. The surge was largely attributed to robust actions from the Reserve Bank of India, following a dip towards 97 mid-week. Traders noted a wave of dollar offerings from state-run banks, part of a broader strategy to stabilize […]

NRIs pull out $2 billion from bank deposits

Overseas Indians withdrew nearly two billion dollars from Indian bank accounts in March. This outflow occurred during the Iran war. Reserve Bank of India data shows a contraction in Non-Resident Indian deposit inflows. Experts anticipate geopolitical uncertainties will impact NRI deposits further if conflicts persist. Withdrawals were seen in Non-Resident External Rupee Accounts and Non-Resident […]

LRS outflows up over 10% in March led by travel demand

Indians sent $2.59 billion abroad in March 2026 via the Liberalised Remittance Scheme. This marked a 10.9% increase from the previous month. Travel spending saw a seasonal dip. However, investments in equity and debt surged significantly. Deposits abroad also showed a strong recovery. Remittances for education moderated after a peak in January.

Supply-side stress, weather add uncertainty to macros

India’s economy faces near-term challenges. Supply issues and weather create uncertainty. Geopolitical events in West Asia could impact domestic prices. Despite these concerns, domestic demand remains strong. The Reserve Bank of India is monitoring inflation closely. Robust exports and policy measures offer support against external risks.

Patient capital trusts India as hot money exits

In the fiscal year 2025-26, India witnessed a remarkable surge in foreign direct investment, soaring to $94.5 billion. This uptick is particularly notable given the backdrop of global economic turbulence. Investors from abroad demonstrated a keen interest, predominantly in the finance and technology arenas. Additionally, net FDI inflows experienced a noteworthy rise, underscoring India’s growing […]

D-Street ends week in the green with war and peace on its mind

Friday brought a wave of optimism to Indian stock markets, with notable weekly advancements. Nonetheless, investors remained watchful as talks between the US and Iran unfolded. The Nifty 50 and BSE Sensex ended the day higher, driven largely by gains in the banking and financial sectors.