India's forex kitty jumps by $12.8 billion to $572.8 billion - Times of India
India Business News: MUMBAI: India's forex kitty rose by $12.
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Indian Economy : News,Discussions & Updates
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Indian economy growing faster than China's. But if you look at big picture, neither's winning yet
When one tries to gauge which really is the fastest-growing large economy, story line can change based on period chosen for study. So one should be cautious about projections for future.
theprint.in
India’s WPI inflation eases to 3.85 per cent in February
The WPI is one of the two indices that measure inflation in India. The other is Consumer Price Inflation (CPI). The WPI captures prices at the level of production or manufacturing, taking into account goods traded between companies, as against the CPI that measures prices at the retail consumer...
India Set to Surpass China in Need for Oil as Growth Paths Diverge
A change is on the horizon for oil demand, with India set to eclipse China as the most important driver of global growth — and potentially the last, as the world shifts to a greener future.
www.bloomberg.com
Foreign exchange reserves record highest weekly rise since Nov 2022
India's forex reserves: India had fifth largest forex reserves in the world as of Feb 2023, says RBI bulletin
India’s shrinking current account gap provides a reprieve for rupee - Times of India
India Business News: Economists are now predicting that the gap in the current account measure of trade in goods and services will be 1.9% of gross domestic product in the
m.timesofindia.com
India's overall exports cross an all-time high of $750 billion, says Piyush Goyal
In 2021-22, the country's goods and services exports touched an all-time high of $422 billion and $254 billion respectively, taking the total shipments to $676 billion.
Foreign Investors turn net buyers in Indian equities for the first time since December - CNBC TV18
One must note that the numbers of March will also be influenced by the Rs 15,446 crore investment by GQG Partners into four Adani Group companies, along with a slew of other block deals that took place during the month.
India's electricity consumption in March 2023 dips for first time in 31 months - CNBC TV18
India's power consumption dipped 0.74 per cent to 127.52 billion units (BU) in March this year for the first time in 31 months, according to government data. Experts are of the view that the power consumption and demand would log higher growth rates in coming months due to forecasts of higher...
India on course to emerge as a services export giant - not just software!
India with its waves of engineering and accountancy graduates each year may be able to provide these services to ageing US and European countries for the foreseeable future.
www.moneycontrol.com
India foreign trade News: India's foreign trade set to cross US$ 1.6 trillion mark this fiscal: Report - The Economic Times
The Global Trade Research Initiative (GTRI) said the USD 1.6 trillion would be about 48 per cent of India's nominal GDP of USD 3.4 trillion for the fiscal year ending March 2023. The higher trade-to-GDP ratio also speaks of high trade openness which the country practices, GTRI co-founder Ajay...
India Manufacturing Sector: India's March manufacturing activity hits 3-month high even as job cuts resume - The Economic Times
India's manufacturing sector expanded at its quickest pace in three months in March on improved output and new orders, although firms shed jobs for the first time in over a year, a private business survey showed. The Manufacturing Purchasing Managers' Index compiled by S&P Global increased to...
Foreign Exchange Reserves: India's forex reserves snap 2-week rise, down $329 million - The Economic Times
India's foreign exchange reserves retreated from more than eight-month highs to $578.45 billion as of the week ended March 31, the Reserve Bank of India's (RBI) statistical supplement showed on Friday. That is a decrease of around $329 million from the previous week.
India needs Single Window Clearance like Vietnam to become a global manufacturing hub: Jamshyd Godrej
Godrej & Boyce Chairman Jamshyd Godrej thinks there is a long way to go before India can iron out the challenges before everything else. Here's why.
What is R21? The newly approved 'world-changer' malaria vaccine
Ghana is the first country to approve the new R21 malaria vaccine, developed by Oxford University.
