In July, India’s merchandise trade deficit was at $20.67 billion, based on export and import figures released by the government on Monday. According to a Reuters survey, economists had forecasted… read more →
India has permitted banks in 22 partner nations, including Russia and the UK, to establish “vostro” accounts within its borders, the government informed the parliament on Tuesday, aiming to bolster… read more →
A worldwide shortfall in curbing carbon emissions could result in increased debt-servicing costs for 59 countries over the forthcoming decade, as per a study simulating the economic repercussions of climate… read more →
India’s edible oil imports in July rose to a record 1.76 million metric tonnes as refiners built up stocks for upcoming festivals, given uncertainty over supplies from the Black Sea,… read more →
The Indian rupee depreciated on Monday and appeared set to register a monthly decline due to a central bank that seems reluctant to allow the currency to strengthen significantly. As… read more →
The Export-Import Bank of India is set to augment its investments within a line of credit program endorsed by the government, aimed at funding Indian businesses seeking to tap into… read more →
In a bid to bolster the global presence of the Indian rupee, India and the United Arab Emirates have reached an agreement to utilise their respective local currencies for cross-border… read more →
On Friday, the World Bank revealed its approval of $1.5 billion in financing aimed at expediting the development of India’s low-carbon energy sector. This financial support serves to bolster India’s… read more →
The Reserve Bank of India announced on Wednesday that India‘s current account deficit witnessed a substantial reduction in the January to March quarter, primarily due to a moderation in the… read more →
India and the United Arab Emirates have mutually agreed to raise non-petroleum bilateral trade between the two countries to $100 billion by 2030, the South Asian nation’s trade minister said… read more →
