India’s forex kitty at $634.59 billion, gold reserves rise by $824 million
India's foreign exchange reserves fell by $5.7 billion to $634.59 billion for the week ended January 3, data released by the Reserve Bank of India (RBI) on Friday showed.
India's foreign exchange reserves fell by $5.7 billion to $634.59 billion for the week ended January 3, data released by the Reserve Bank of India (RBI) on Friday showed.
This stellar performance by nation’s largest life insurer exceeds the insurance industry’s growth of 14.41 per cent and the private life insurers’ growth rate of 14.55 per cent, the data showed.
Union Minister of Commerce & Industry, Piyush Goyal has said that the Product Linked Incentives (PLIs) and subsidies are detrimental to long-term growth and development of the clean energy sector.
The Adani Group on Friday raised about Rs 4,850 crore after selling 13.5 per cent of its stake in Adani Wilmar.
These startups have created over 1.6 million jobs across the country, demonstrating their role as significant employment generators.
At close, Sensex surged 809 points, or 1 per cent, to 81,765.86, while Nifty climbed 240.95 points, or 1 per cent, to 24,708.40. Sensex opened at 81,182.74 against its previous close of 80,956.33 while Nifty 50 opened at 24,539.15 against its previous close of 24,467.45.
The weighted price of new launch projects in top 30 tier II cities rose up to 65% between 2023 and October 2024, a report by PropEquity said on Thursday.
The Clothing Manufacturers Association of India (CMAI) has raised concerns over the rate-rationalisation proposal put forward by the Group of Ministers (GoM) that includes significant changes to GST rates for the apparel sector.
Kenya on Wednesday allowed the sale and export of raw macadamia nuts for a period of 30 days, lifting a ban that was imposed early last month.
Building on the success of previous rounds, the Ministry continues its efforts to unlock India's vast coal reserves and enhance energy security, the statement said.
