The Reserve Bank of India (RBI) is conducting a $5 billion USD/INR buy/sell swap auction on May 26. Under this arrangement, banks will sell US dollars to the RBI (and RBI will sell rupee to banks) and simultaneously agree to buy them back at the end of a 3-year tenor. So, basically this swap will be reversed after 3 years.
Why RBI is doing this swap?
Since last few days, RBI's aggressively sold dollars in the spot market (forex market) to defend the rupee (because rupee was depreciating and it has moved to $1=Rs.96). Spot dollar sales by RBI remove rupee liquidity from the banking system which results in tighter liquidity conditions in the economy. This swap by RBI will negate that effect, easing tight financial conditions.
Why RBI is doing this swap?
Since last few days, RBI's aggressively sold dollars in the spot market (forex market) to defend the rupee (because rupee was depreciating and it has moved to $1=Rs.96). Spot dollar sales by RBI remove rupee liquidity from the banking system which results in tighter liquidity conditions in the economy. This swap by RBI will negate that effect, easing tight financial conditions.
❤2👍2
This media is not supported in your browser
VIEW IN TELEGRAM
Tomorrow, 9:31 a.m. scenes at a few centres across India.
❤4
Source: Indian Express
Net FDI = Gross FDI - [Foreign companies taking profits abroad on previous investments made in India + Indian companies investing abroad]
$7.7 B = $94.5 B - [$53.5 + $33.3 B] (2025-26)
Since last few years Net FDI has been very low in India as foreign companies are taking profits abroad and Indian companies have also started investing abroad.
Net FDI = Gross FDI - [Foreign companies taking profits abroad on previous investments made in India + Indian companies investing abroad]
$7.7 B = $94.5 B - [$53.5 + $33.3 B] (2025-26)
Since last few years Net FDI has been very low in India as foreign companies are taking profits abroad and Indian companies have also started investing abroad.
❤1
Government of India constitutes the 'High-Level Committee on Demographic Change'
💠 This Committee will conduct a comprehensive assessment of the demographic changes occurring across India due to illegal immigration and other abnormal reasons
💠 The Committee will analyse the patterns of abnormal population changes at the level of religious and social communities and will present a well-planned and time-bound solution to address the issue
💠 The Committee will submit its report within one year, if necessary, the tenure of the Committee may be extended by up to six months
https://www.pib.gov.in/PressReleasePage.aspx?PRID=2265494®=3&lang=2
💠 This Committee will conduct a comprehensive assessment of the demographic changes occurring across India due to illegal immigration and other abnormal reasons
💠 The Committee will analyse the patterns of abnormal population changes at the level of religious and social communities and will present a well-planned and time-bound solution to address the issue
💠 The Committee will submit its report within one year, if necessary, the tenure of the Committee may be extended by up to six months
https://www.pib.gov.in/PressReleasePage.aspx?PRID=2265494®=3&lang=2
Government of India
The Government of India constitutes the 'High-Level Committee on Demographic Change'
The Government of India has constituted a High-Level Committee to study the demographic changes aris
ProvAnsKey–GS-I-CSP-Exam-2026-270526.pdf
98.2 KB
CSP 2026 provisional answer key
👍2
During a passionate, prolonged kiss with his lips tightly sealed, the man breathed heavily through his nose. This trapped air and created sudden pressure changes in the space behind his nose and throat.
That area is connected to the middle part of his ear by a small tube. The pressure shot straight through the tube and slammed hard against the eardrum which is a thin, delicate membrane that separates the outer ear from the inside.
The eardrum could not handle the sudden push and pull and it tore.
That area is connected to the middle part of his ear by a small tube. The pressure shot straight through the tube and slammed hard against the eardrum which is a thin, delicate membrane that separates the outer ear from the inside.
The eardrum could not handle the sudden push and pull and it tore.
😁3❤2😢2👍1
Major changes in the new IIP Series
Source: https://www.pib.gov.in/PressReleasePage.aspx?PRID=2267531®=3&lang=1
Source: https://www.pib.gov.in/PressReleasePage.aspx?PRID=2267531®=3&lang=1
👍1