Economy

The overall reserves had dropped by USD 1.318 billion to USD 593.749 billion in the previous reporting week. India’s forex reserves increased by USD 2.35 billion to USD 596.098 billion.

India and the US have agreed to end six trade disputes at the World Trade Organisation while New Delhi will also remove retaliatory customs duties on 28 American products such.

The Summit’s main objectives include creating fiscal space, promoting private sector development, fostering green infrastructure investment, and generating innovative financing for countries vulnerable to climate change. Finance minister Nirmala Sitharaman will attend.

The growth forecast compares with 7.2 per cent GDP expansion in FY23. In the previous fiscal year (FY22), the economy had grown 9.1 per cent. Fitch Ratings on Thursday raised its.

Britain’s economy – which was hit by the shock of Brexit as well as the COVID-19 pandemic and the surge in gas prices caused by Russia’s invasion of Ukraine –.

Imports also declined 6.6 per cent to USD 57.1 billion agai India’s exports declined 10.3 per cent year-on-year to USD 34.98 billion in May this year, the government data showed.

The meeting comes ahead of Prime Minister Narendra Modi’s official State Visit to the US next week at the invitation of President Joe Biden. US Trade Representative Katherine Tai will.

Finance Minister Nirmala Sitharaman on Thursday met International Fund for Agricultural Development (IFAD) president Alvaro Lario and discussed issues of mutual interests besides some emerging global challenges. During the meeting, the finance.

Describing AI as a kinetic enabler of the digital economy, the minister said it is a very important and valuable layer on the progress that has been made by the.

The gap between exports and imports rose to $22.12 billion in May which is the widest in five months, the Ministry of Commerce and Industry said. This is higher than.