Total exports in March registered a 2.65% growth on a year-on-year basis and is estimated at USD 73.61 billion.
In the previous reporting week, the overall reserves rose by USD 4.529 billion to USD 658.8 billion, the RBI said.
Deepinder Goyal, Chief Executive Officer at Zomato, has invested USD 20 million in LAT Aerospace, a new startup working on developing low-cost short takeoff and landing (STOL) aircraft with up to 24 seats.
US President Donald Trump announced on Tuesday (local time) that the United States will introduce a "gold card" for wealthy foreigners, granting them the right to live and work in the country, with a pathway to citizenship, in exchange for a USD five million fee
During his closing speech at the Conservative Political Action Conference (CPAC) on Saturday, US President Donald Trump criticised the USAID funding of USD 18 million funding for helping India with its elections.
The security package includes crucial capabilities to aid Ukraine's counteroffensive operations in its ongoing conflict with Russia and to strengthen its air defences.
The World Bank has approved a loan worth USD 300 million to help expand and improve the quality of education in government-run schools in Chhattisgarh.
The fresh drop came after the government failed to make any headway in its talks with the International Monetary Fund (IMF) for the revival of its stalled USD 6.5 billion loan programme.
The rupee touched a historic low of 83.18 against the dollar briefly during intraday trading, before it closed at 82.74 on Wednesday. However, the rupee's close of 82.74 was lower than Tuesday's close of 82.45 against the dollar.
Citing the uncertainty in the global macro environment, the Indian rupee is likely to be under pressure, especially if crude prices remain elevated and global growth slows down.
