India's foreign exchange reserves stood at $676.3 billion as of April 4, the central bank governor said on Wednesday, the highest level in five months and gaining for a fifth consecutive week.

India's central bank cut its policy rate by 25 basis points to 6%, marking its lowest level since September 2022 as growth concerns mount in the world's fifth largest economy The rate cut was in line with expectations from analysts polled by Reuters,

India’s central bank delivered a back-to-back rate cut and signaled more monetary support ahead as U.S. trade tariffs raised alarm about slowing global growth.