Substantial foreign capital inflows and central bank currency maneuvers propelled forex reserves to record levels.
Tag: Indian economy
Indian Rupee Surges 66 Paise Following RBI Governors Foreign Reserve Remarks
The Indian rupee recorded its biggest single-day gain in weeks after official statements boosted market confidence.
RBI Forex Drive Attracts $32 Billion to Boost Reserves Says Governor
RBI Governor Sanjay Malhotra revealed that a special foreign exchange mobilization initiative brought $32 billion into reserves.
Core sector growth rises to 5% in June
The growth represents a positive domestic economic indicator amidst ongoing global uncertainties.
Global shipping costs rise amid Middle East tensions (d44f)
Freight rates increase as conflict in the Middle East impacts shipping routes.
Global shipping costs rise amid Middle East tensions (7029)
Freight rates increase as conflict in the Middle East impacts shipping routes.
Gold and silver prices decline sharply
Precious metals drop following stronger-than-expected US employment data.
Indian manufacturing sector sees steady growth in May (6937)
Recent data indicates continued expansion in India’s manufacturing industry.
Retail sales dip slightly as consumer confidence wanes (1c0d)
A minor decrease in retail sales reflects changing consumer sentiment.
Retail sales dip slightly as consumer confidence wanes (f355)
A minor decrease in retail sales reflects changing consumer sentiment.