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Reserve Bank of India Governor: Gold in foreign exchange reserves is for safety and liquidity needs.

2026-06-24

Reserve Bank of India Governor: Gold in foreign exchange reserves is for safety and liquidity needs.

Other News
2026-06-24

June 24, Dalian — CHINA'S LI said innovation cooperation is essential to address global growth shortfalls, noting rapid technological progress, rising unpredictability, deeper innovation linkages and growing barriers. He called for deeper connectivit

June 24, Dalian — CHINA'S LI said innovation cooperation is essential to address global growth shortfalls, noting rapid technological progress, rising unpredictability, deeper innovation linkages and growing barriers. He called for deeper connectivity and cooperation to preserve an open world and economy stable, smooth global supply chains. Li urged adherence to technology-for-good principles and stronger global governance and regulatory frameworks for AI and related fields to improve regulatory effectiveness and joint oversight. He urged firms to lead on innovation and cooperation, and said China will further expand market access, continue building a top-tier business environment and welcomes foreign investment to share China’s development opportunities.
2026-06-23

China presented its 2025 central government final accounts to the NPC Standing Committee, saying fiscal performance was broadly sound and fiscal policy more active to stabilize growth. Central general public budget revenue was 9.40 tln yuan, 96.9% of

China presented its 2025 central government final accounts to the NPC Standing Committee, saying fiscal performance was broadly sound and fiscal policy more active to stabilize growth. Central general public budget revenue was 9.40 tln yuan, 96.9% of budget; including related transfers total revenue was 9.74 tln yuan. Central general public budget expenditure was 14.49 tln yuan, 98.2% of budget; with a supplement from the central budget stabilization fund total spending was 14.60 tln yuan. Through end-May Beijing issued 6.41 tln yuan of sovereign bonds and 1.83 tln yuan of new local government bonds; central-to-local transfer payments of 9.21 tln yuan have been allocated. Authorities said fiscal receipts and outlays were broadly stable through May with key areas funded, and pledged targeted, more active fiscal measures, tighter budget execution, optimized spending structure, steps to boost domestic demand, support livelihoods and stabilize local finances.
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