Follow Us on Google News Mumbai, June 13 (IANS) India’s foreign exchange reserves surged by $5.17 billion to $696.66 billion for the week ended June 6, data released by the RBI on Friday showed. The sharp rise during the week has brought the country’s forex kitty close to the historic high of $704.885 that was … Read more
Follow Us on Google News New Delhi, May 30 (IANS) India’s foreign exchange reserves recorded a robust increase of $6.99 billion to $692.72 billion for the week ended May 23, according to RBI’s weekly data released on Friday. Foreign currency assets, a major component of the reserves, surged by $4.52 billion to $586.17 billion, the … Read more
Follow Us on Google News Mumbai, May 16 (IANS) India’s foreign exchange reserves surged by $4.5 billion to $690.62 billion for the week ended May 9, RBI data released on Friday showed. Foreign currency assets, a major component of the reserves, increased by $196 million to $581.37 billion. Expressed in dollar terms, the foreign currency … Read more
Follow Us on Google News New Delhi, May 13 (IANS) Coal imports in the country declined by 9.2 per cent to 220.3 million tonnes (MT) during April 2024 to February 2025 — compared to 242.6 MT in the same period of previous fiscal year due to an increase in domestic production, the government said on … Read more
Follow Us on Google News New Delhi, May 5 (IANS) BJP leader Amit Malviya on Monday highlighted the weakness of Pakistan’s economy, citing the meagre $15 billion in total foreign exchange reserves that the country has, in sharp contrast to India’s massive forex kitty of $688 billion. “Forex reserves tell the tale: Pakistan’s Bankruptcy vs … Read more
Follow Us on Google News Mumbai, May 2 (IANS) India’s foreign exchange reserves rose for the eighth straight week to touch $688.13 billion as of April 25, according to the latest RBI data released on Friday. The foreign exchange kitty surged by $1.98 billion during the week. The foreign currency component of the reserves increased … Read more
Follow Us on Google News New Delhi, April 24 (IANS) India’s ethanol revolution is proving to be a game-changer, not only boosting farmers’ income and creating jobs but also saving the country billions in foreign exchange and reducing carbon footprint, Union Petroleum and Natural Gas Minister, Hardeep Singh Puri, said on Thursday. According to the … Read more
Follow Us on Google News Mumbai, April 20 (IANS) India’s financial markets have developed into a dynamic and resilient force to fuel economic growth with an almost doubling of the foreign exchange market from $32 billion in 2020 to $60 billion in 2024 and the average daily volumes in the overnight money markets surging from … Read more
Follow Us on Google News Mumbai, April 18 (IANS) India’s foreign exchange reserves rose by $1.57 billion to $677.84 billion for the week ended April 11, according to the weekly data released by the RBI on Friday. This is the sixth straight week in which the country’s forex kitty has recorded an increase. The foreign … Read more