Why RBI is stocking up aggressively on gold reserves; central bank buys 1.5 times more gold in Jan-April than entire 2023 – Times of India

RBI stocks up gold reserves: From January to April 2024, the Reserve Bank of India (RBI) added 24 tonnes of gold to its reserves, a strategic move to hedge against…

Continue ReadingWhy RBI is stocking up aggressively on gold reserves; central bank buys 1.5 times more gold in Jan-April than entire 2023 – Times of India

Boost for Centre’s finances! RBI may transfer higher dividend of around Rs 1 lakh crore – Times of India

The Reserve Bank of India (RBI) has taken steps that indicate a potential increase in the dividend transfer to the government compared to the previous year, which could provide a…

Continue ReadingBoost for Centre’s finances! RBI may transfer higher dividend of around Rs 1 lakh crore – Times of India