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Gold Reserves Drop Hit Forex Reserves

Gold Reserves Drop Hit Forex Reserves

The contraction in total reserves was driven by a fall in gold reserves, which dropped $13.49 billion to $117.19 billion during the reported week. Kindly note that this illustration generated using ChatGPT has only been posted for representational purposes.  

States’ fiscal arithmetic tightens in FY27; deficit seen at 3% of GDP

States’ fiscal arithmetic tightens in FY27; deficit seen at 3% of GDP

The 16th Finance Commission has excluded SASCI transfers while estimating states’ fiscal deficits and has recommended capping the deficit at 3 per cent of gross state domestic product for individual states. Illustration: Dominic Xavier/Rediff Key Points Ind-Ra expects the revenue