IMF Managing Director Kristalina Georgieva highlights the transformative potential of artificial intelligence to drive global economic growth while cautioning about the significant risks of job displacement and financial instability that must be addressed proactively. Photograph: Carla Carniel/Reuters Key Points IMF’s
The previous all-time high of $723.77 billion was touched in January. Illustration: Dado Ruvic/Reuters Key Points The overall forex reserves dropped $6.71 billion Value of the gold reserves surged by $4.99 billion India’s reserve position with the IMF was also
During the week ended February 6, foreign currency assets, a major component of the reserves, increased by $7.66 billion to $570 billion. Illustration: Dado Ruvic/Reuters Key Points Value of the gold reserves dropped by $14.21 billion Special Drawing Rights were
The total reserves increased to $701.3 billion on the back of a rise in foreign currency assets which increased by $9.6 billion to $560 billion during the reported week. Illustration: Dominic Xavier/Rediff India’s foreign exchange reserves rose by $14 billion
The reserves climbed to an all-time high of $705 billion in September 2024, but have been under pressure lately Illustration: Dado Ruvic/Reuters Key Points Value of the gold reserves jumped by $4.62 billion to $117.45 billion India’s reserve position with
The IMF on Monday raised India’s growth projection to 7.3 per cent for fiscal 2025-26, up 0.7 percentage point from its October forecast, on the back of better-than-expected performance of the economy. Photograph: Bhawika Chhabra/Reuters The Washington-headquartered multilateral lending agency
India’s forex reserves increased by $392 million to $687 billion during the week ended January 9, the Reserve Bank of India said on Friday. Photograph: Lisa Marie David/Reuters In the previous reporting week, the overall kitty had dropped by $9.8
India’s forex reserves dropped by $9.8 billion to $686.81 billion in the week to January 2, the Reserve Bank of India (RBI) said on Friday. Illustration: Dado Ruvic/Reuters In the previous reporting week, the forex reserves had jumped by $3.29
