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RBI Increases Gold Purchases The Reserve Bank of India has significantly increased its gold purchases, buying 50 tonnes so far in FY25. This move aims to diversify its foreign exchange reserves and mitigate revaluation risks, as part of efforts to m

RBI’s Record $77.5 Billion Short Positions: Impact on Rupee Liquidity and Forex Reserves The Reserve Bank of India (RBI) currently holds a record $77.5 billion in net short dollar positions, which could influence rupee liquidity and foreign exchange

💡How Do Banks Really Work? Here's a Simple Visual Guide! 🏦 1️⃣ Banks take deposits from customers at ~4% interest. 2️⃣ They lend that money to borrowers at ~10% interest. 💰 The 6% spread is their profit. 🔍 Key Banking Terms You Should Know:

Ethiopia, a BRICS nation, is in earlystage talks with China to convert $5.38 billion of its US dollar-denominated loans into Chinese yuan. This aims to cut foreign exchange costs, boost local currency use in forex markets, and ease repayments simil

How does RBI earn money ? & why the RBI is more of a banker than a regulator. Last year, the RBI transferred over ₹87,000 Crore to the government, and it's expected to surpass ₹1,00,000 Crore in FY 2025. But how does the RBI generate this enormous

𝗪𝗵𝗮𝘁 𝗪𝗲𝗻𝘁 𝗪𝗿𝗼𝗻𝗴: 𝗪𝗶𝘁𝗵 𝗭𝗲𝗯𝗽𝗮𝘆?🦓 India's crypto king Zebpay, est. in 2014, quickly became India's largest crypto exchange. At its peak, it was handling over $1 billion worth of TXN. Zebpay was a perfect startup with strong lead

India’s Unicorns and their valuations, a detailed list on Medial- 2024 1. Krutrim - AI: $1 billion 2. Ather Energy - Electric Vehicles: $1.4 billion 3. Perfios - FinTech (SaaS): $1.2 billion 4. Rapido - Ride-Hailing: $1.1 billion 5. Moneyview - Fi

💯🚨what did RBI DO For safeguarding RUPEE value during this scenario The rupee was weakening because many foreign investors were pulling money out of India. This happened due to concerns like rising US tariffs on Indian goods, slowing growth, and

🌟 Trade Skills, Not Money!🌟 What if you could get what you need by sharing what you’re good at? That’s the idea behind my new platform— a platform where people exchange skills instead of cash! 🎯 How It Works: 1️⃣ Tell us what you can do (l

𝗛𝗼𝘄 𝘁𝗵𝗲 𝗦𝗲𝗺𝗶𝗰𝗼𝗻𝗱𝘂𝗰𝘁𝗼𝗿 𝗜𝗻𝗱𝘂𝘀𝘁𝗿𝘆 𝗖𝗮𝗻 𝗕𝗲 𝗮 𝗕𝗶𝗴 𝗢𝗽𝗽𝗼𝗿𝘁𝘂𝗻𝗶𝘁𝘆 𝗳𝗼𝗿 𝗜𝗻𝗱𝗶𝗮'𝘀 𝗘𝗰𝗼𝗻𝗼𝗺𝘆 ? Global semiconductor market projected to reach $1 trillion by 2030 from $600 billion in 2024 India’s semic