India economy

03 Aug

India’s Forex Reserves Climb $2.7 Billion, Cross $698 Billion Mark After Three-Week Slump

Rajeev Sharma0 CommentsBusinessForeign Exchange, Forex Reserves, Gold Reserves, India economy, RBI

Mumbai, August 3 – India’s foreign exchange reserves recorded a notable rebound after a three-week dip, rising by $2.703 billion to reach $698.192 billion for the week ending July 25, according to data released by the Reserve Bank of India (RBI) on Friday.The uptick follows a fall of $1.18 billion in the previous reporting week. This resurgence was primarily driven by a sharp increase in foreign currency assets, which climbed $1.316 billion to hit $588.926 billion. Gold reserves also rose significantly, registering a $1.206 billion gain and reaching $85.704 billion.The Special Drawing Rights (SDRs) held with the International Monetary Fund…

19 Jul

From 11th to 4th: India’s Economic Rise Under Modi; Saini and Gupta Target Past Regimes, Outline Delhi-Haryana’s Role in 2047 Mission

Balwinder Singh0 CommentsHaryana, PoliticsCM Nayab Singh Saini, CM Rekha Gupta, fourth-largest economy, India economy, Narendra Modi, Viksit Bharat

Chandigarh, July 19 — Haryana Chief Minister Nayab Singh Saini on Friday asserted that under Prime Minister Narendra Modi’s leadership, India has rapidly progressed toward becoming a developed nation, rising from the 11th to the 4th position in global economic rankings. He emphasized that the journey toward making India a developed country by 2047 will see Haryana playing a leading role alongside the Centre.Speaking at an event held in Jind district, CM Saini said that the government is advancing Pandit Deendayal Upadhyay’s philosophy of Antyodaya—uplifting the last person in the queue. He credited PM Modi for transforming India’s global image…