Economy

In the last reporting week, the forex kitty snapped a two-week rising trend to decline by USD 329 million to 578.45 billion. India’s forex reserves increased by USD 6.306 billion.

Vice President CII and Chairman and Managing Director, ITC Ltd, Sanjiv Puri, emphasised that signing of India-EU free trade agreement could be a catalyst for further enhancing India-Italy relationship, the.

The Washington-based fund is now forecasting growth in the Asia Pacific region will come in at 4.6% this year, some 0.3 percentage points higher than expected in October, and faster.

Exports fell 13.9% from a year earlier to $38.38 billion in March, while imports stood at $58.11 billion, down 7.9%. Services exports rose to $27.75 billion last month, improving upon.

India, the world’s second-largest wheat producer, banned wheat exports in May 2022 as part of measures to control rising domestic prices. The ban on exports of wheat will continue as.

The country’s imports also grew by 16.5 per cent to USD 714 billion in 2022-23 as against USD 613 billion in 2021-22. The country’s exports rose by about 6 per cent to.

In the quarterly economic update for Asia-Pacific, S&P saw inflation rate easing to 5 per cent in 2023-24 fiscal, from 6.8 per cent in the current financial year. S&P Global.

Finance Bill also caps the impost The government has plugged a loophole in the taxation of pan masala and assorted tobacco products, including cigarettes, by clearly defining the value –.

For Assam tea industry, first flush crops are generally produced in March and April. After a long dry spell, all tea estates in Assam have received good rains in the.

In the previous reporting week, the reserves had dropped by USD 2.39 billion to a three-month low of USD 560.003 billion. India’s forex kitty rose by USD 12.798 billion to.