Reference rate for the US Dollar set, then used to derive rupee cross currency rates and determine the SDR rupee conversion.
The US Dollar reference rate published for 17 August 2015 functions as the base benchmark for deriving rupee bilateral exchange rates using middle cross currency quotes; published rupee rates for the euro, pound sterling and yen are reported for comparative dates, and the SDR Rupee rate is specified to be based on that reference.

Reference rate publication: central bank issues daily dollar reference and cross-currency exchange rates, with SDR rupee linkage clarified.
Publication of a daily reference rate for the US dollar establishes the official rupee quotation and serves as the basis for deriving other currency rates. Using the dollar reference together with middle cross-currency quotes, the central bank provided corresponding exchange rates for the euro, pound and yen, and specified that the SDR rupee rate will be computed on the basis of the published reference rate.

Reference exchange rate: RBI's daily reference rate determines cross currency rupee rates and SDR rupee linkage policy.
The Reserve Bank of India publishes a daily reference rate for the US dollar which is used, via cross currency middle rates, to derive rupee exchange rates for other currencies; the SDR rupee rate is calculated on the basis of that published reference rate.

FDI policy liberalisation expands sectoral foreign investment access and streamlines approval thresholds to boost manufacturing growth.
The Central Statistics Office now reports sector shares as Gross Value Added at basic prices and the Government has implemented administrative, regulatory and policy measures to boost manufacturing, including licensing deregulatory steps, amendments to FDI policy to broaden foreign investment access and approval thresholds, e governance simplification, development of industrial corridors, and investor facilitation under the "Make in India" programme.

Foreign direct investment policy relaxation expands automatic-route sectoral caps and introduces composite caps to attract investment.
Relaxation in sectoral caps under the Foreign Direct Investment policy expands automatic-route FDI access and introduces composite caps. Key reforms include 100% automatic-route FDI in many sectors and rail infrastructure, a 49% cap in defence and in insurance and pension sectors, a 100% carve out for certain medical devices activities, eased norms for construction development focused on affordable housing, and treatment of specified NRI investments under FEMA Schedule 4 as domestic investment.

Exchange rate reference updated: US dollar benchmark revised and euro, pound and yen rupee rates adjusted accordingly.
The Reserve Bank published the reference rate for the US dollar for 12 August 2015 and provided the prior day's figure; using that reference and middle cross currency quotes it published corresponding rupee rates for the euro, pound sterling and Japanese yen for 11-12 August 2015, and stated that the SDR Rupee rate will be based on the reference rate.

Reference rate for US dollar set; cross currency middle rates determine EUR, GBP and JPY exchange rates and SDR Rupee linkage.
The Reserve Bank established the Reference Rate for the US dollar on August 11, 2015; using that Reference Rate and cross currency middle rates, it published derived exchange rates for EUR, GBP and JPY against the rupee and specified that the SDR Rupee rate will be based on the Reference Rate.

Financial sector resilience: stronger bank capital, liquidity and audit practices to reduce systemic risk and support sustainable growth.
Systemic crises stem from concentrated bank exposures, excessive corporate leverage and weak capital buffers; global reforms therefore emphasise higher capital and liquidity standards, leverage constraints, enhanced loss-absorbing capacity, shadow-banking regulation and derivative market reforms. RBI has implemented prudential and macroprudential measures-higher risk weights, controls on unhedged forex exposure, early recognition and resolution frameworks for distressed assets, strategic debt conversion, enhanced fraud monitoring and reduced forbearance-while auditors and IFRS adoption pose critical challenges for transparency and prudent credit allocation.

Government securities auction: multiple-price re-issue with competitive and non-competitive bidding and E-Kuber electronic submission scheduled.
Re-issue auctions for four central government stocks will be conducted by the Reserve Bank of India using the multiple price method; both competitive and non-competitive bids are allowed, with up to five percent reserved under the Non-Competitive Bidding Facility. Bids must be submitted electronically via the RBI's E Kuber system within prescribed windows for non-competitive and competitive bids. Auction results, payment and settlement dates are specified, and the stocks are eligible for When Issued trading under RBI guidelines.

Reference rate for US Dollar set; determines exchange rates of euro, pound and yen against the rupee.
Reserve Bank of India published a reference rate for the US dollar and supplied corresponding rupee exchange rates for the euro, pound sterling and Japanese yen derived from middle rates of cross-currency quotes; the SDR Rupee rate is stated to be based on that published reference rate.

Foreign direct investment restrictions preserve domestic industries while allowing most sectors automatic entry under regulatory conditions.
Protection of domestic and traditional industries is effected by restricting non resident ownership in specified sectors, requiring government approval for certain activities, and imposing performance linked conditions where applicable, while most sectors remain open under an automatic route to facilitate foreign capital subject to regulatory compliance.

Reference rate for US dollar updated; cross currency rupee rates and SDR rupee linkage follow from that reference rate.
Reserve Bank of India published the reference rate for the US dollar for August 7, 2015, and the preceding day; using that reference and middle cross currency quotes it provided rupee exchange rates for the euro, pound sterling and Japanese yen for August 6-7, 2015, and stated that the SDR rupee rate will be based on the reference rate.

Reference rate for US dollar establishes derived exchange rates and fixes SDR rupee conversion basis.
The central bank published the reference rate for the US dollar and, using the reference rate with cross currency middle rates, derived and published rupee exchange rates for the euro, pound sterling and Japanese yen; the SDR rupee rate is to be based on the published reference rate.

FDI inflows: sectoral distribution highlights technology, automobile and services as principal recipients and pending large proposals.
The document reports sector-wise FDI inflows up to May 2015, itemising amounts across more than fifty industries and stating a reported Grand Total. Leading recipient sectors include Computer Software & Hardware, Automobile Industry, Trading, Services, Construction and Telecommunications. It also records nineteen large investment proposals under governmental consideration across pharmaceuticals, information and broadcasting, insurance, non-banking finance companies, private banking and related financial sectors, with an estimated combined investment figure provided.

FDI in e-commerce limited to B2B activities; retail trading by e-commerce remains prohibited under current foreign exchange regulations.
The policy establishes that Foreign Direct Investment is permitted on the automatic route only for B2B e-commerce, while FDI and retail trading via e-commerce remain prohibited for companies engaged in single- or multi-brand retail trading under FEMA-derived regulations; manufacturing units may sell through retail including e-commerce, but that does not alter the foreign exchange regulatory restriction on e-commerce retail.

Foreign investment liberalisation and licensing reform to simplify procedures and attract manufacturing investment nationwide.
The Government has implemented administrative and regulatory measures to accelerate organised manufacturing growth by liberalising Foreign Direct Investment policy (expanded sectoral/composite caps, raised approval thresholds, revised NRI/PIO/OCI treatment, conditional exceptions for defence and private banking), reforming industrial licensing (narrowing defence licensing, extending licence validity, removing annual capacity stipulations, deregulating defence capacity), and advancing institutional initiatives including an Investor Facilitation Cell, Make in India thrust sectors, the e-biz Mission Mode Project, and coordinated national industrial corridors.

Foreign direct investment liberalisation expands sectoral access and eases norms to attract and retain overseas capital.
India's FDI regime permits up to 100% foreign investment under the automatic route in most sectors, with recent reforms opening rail infrastructure to full automatic FDI, raising the defence cap to 49%, allowing 100% FDI for medical devices, easing construction development norms, and liberalising insurance and pension participation to 49%. NRI investment on a non repatriation basis under Schedule 4 of FEMA is deemed domestic for FDI policy. Ministries and states are directed to simplify regulation and use IT to improve Ease of Doing Business, with reforms intended to increase FDI that complements domestic investment.

Reference rate for US Dollar announced today, guiding derived Rupee exchange rates and SDR Rupee linkage.
Announcement of the Reference Rate for the US Dollar and its use, together with middle cross currency rates, to derive Rupee exchange rates for euro, pound sterling and yen; the SDR Rupee rate is to be based on this Reference Rate.

Bank recapitalisation plan strengthens capital buffers to meet Basel norms and support increased lending and governance reforms.
A four year government plan provides phased budgetary capital for Public Sector Banks (PSBs) to strengthen buffers above regulatory norms and support credit growth. The first year allocation will be disbursed in three tranches: targeted support to bring weak banks to a minimum capital threshold, concentrated capital for large banks to preserve systemic financing capacity, and performance linked allocations to incentivize improvements. The plan couples fiscal support with governance reforms, stricter NPA management and expectations of market based capital raising to meet the residual requirement.

Reference rate publication: benchmark exchange rates issued and SDR Rupee to be derived from the reference rate.
Reserve Bank of India published the reference rate for the US Dollar for July 31, 2015 and provided corresponding previous day comparison; using that reference rate and middle cross currency quotes the Bank supplied exchange rates for Euro, Pound Sterling and Japanese Yen against the Rupee, and stated that the SDR Rupee rate will be based on the published reference rate.