1) RBI cuts its US Treasury holdings to below $200 billion, reducing exposure by over $50 billion in one year.
2) At the same time, India has increased its gold reserves to around 880 metric tonnes.
3) The move signals a strategic shift in India’s foreign asset allocation.
4) Despite the reshuffle, India’s forex reserves remain steady at about $685 billion.
5) RBI to strengthen reserve stability amid global economic uncertainty.
Tax Concept is a dedicated team of financial writers, legal analysts, and tax professionals committed to breaking down complex Indian corporate updates. From real-time GST amendments and crucial Income Tax judgements to EPFO schemes and corporate law updates, TaxConcept serves as a reliable, authoritative guide for chartered accountants, businesses, and everyday taxpayers seeking absolute compliance clarity.