IMF raises India’s GDP growth projection to 7.3% for FY26

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

Forex reserves increase $392 mn to $687 bn

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

Forex reserves drop by $9.80 bn to $686.80 bn

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