India’s forex reserves dropped by $4.11 billion to $640.28 billion during the week ended December 27, the Reserve Bank said on Friday. Ketan Parekh (Right) Photograph: Lisa Marie David/Reuters In the previous reporting week, the overall kitty had dropped by
The country’s forex reserves dropped by a further $8.48 billion to $644.39 billion for the week ended December 20, the RBI said on Friday. Photograph: Dado Ruvic/Reuters In the previous reporting week, the reserves had dropped by $1.988 billion to
The Indian economy is recovering from the slowdown in momentum witnessed in the September quarter, driven by strong festival activity and a sustained upswing in rural demand, according to a Reserve Bank of India (RBI) bulletin released on Tuesday. Photograph:
‘Regulatory challenges exist everywhere. What we look for is regulatory stability over time.’ Photograph: Dado Ruvic/Reuters Online retail major Amazon is navigating a challenging regulatory environment in India at a time when e-commerce is witnessing rapid growth and quick commerce
India’s forex reserves dropped by $1.99 billion to $652.87 billion for the week ended December 13, the RBI said on Friday. Photograph: Dado Ruvic/Reuters In the previous reporting week, the overall reserves had dropped by $3.23 billion to $654.86 billion.
In the international skies too, the Tatas have made an impressive increase in their seat capacity, which is up by 21 per cent from 18.15 million in CY23 to 21.96 million in CY24. Photograph: Toby Melville/Reuters The Tatas have collectively
India’s forex reserves increased by $1.51 billion to $658.09 billion for the week ended November 29, the RBI said on Friday. Photograph: Lisa Marie David/Reuters The overall reserves had dropped by $1.31 billion to $656.58 billion in the previous reporting
Chief Economic Advisor V Anantha Nageswaran on Thursday said economic activity in some sectors have picked up pace during October-November and a GDP growth of 6.5-7 per cent in the current fiscal is feasible. Photograph: Anushree Fadnavis/Reuters He also said
Gold buying by central banks surged to 60 tonnes in October, mainly led by the Reserve Bank of India (RBI) which added 27 tonnes of the precious metal to its reserves, the World Gold Council (WGC) said on Thursday. Photograph:
India’s services PMI marginally dipped to 58.4 in November while employment in the segment recorded robust growth, a monthly survey said on Wednesday. Photograph: Adnan Abidi/Reuters The seasonally adjusted HSBC India Services Business Activity Index was down marginally to 58.4
