Mumbai (Maharashtra) [India], July 20 (ANI): India's debt to gross domestic product (GDP) ratio could climb to 87.6 per cent this fiscal, up from 72.2 per cent last year, due to a collapsing GDP and consequently higher borrowings, according to a research note by SBI Ecowrap released on Monda
New Delhi [India], June 30 (ANI): The country's foreign exchange reserves increased by USD 59.5 billion during 2019-20, on a balance of payments basis (excluding valuation effects), the Reserve Bank of India said on Tuesday.
Islamabad [Pakistan], April 13 (ANI): The International Monetary Fund (IMF) has called its executive board meeting on April 16 to consider disbursement of an extra loan worth $1.4 billion to Pakistan after prime minister Imran Khan, once again, opened up his arms before the global financial
Mumbai (Maharashtra) [India], Oct 1 (ANI): India's current account deficit (CAD) narrowed to 14.3 billion dollars or two per cent of the gross domestic product (GDP) during April to June, data released by the Reserve Bank of India showed.
New Delhi [India], July 4 (ANI): India's foreign exchange reserves continue to be comfortably placed in excess of 400 billion dollars and the current account deficit (CAD) is within manageable levels, Finance Minister Nirmala Sitharaman said on Thursday while tabling the Economic Survey 2018
New Delhi [India], Sep 14 (ANI): The Principal Economic Advisor in the Finance Ministry, Sanjeev Sanyal on Friday said that the Government is confident of defending dollar-rupee fluctuations, adding that foreign exchange reserves are sufficient to defend the rupee.
Islamabad [Pakistan], May 08 (ANI): Pakistan's National Accountability Bureau (NAB) has ordered an inquiry against former prime minister Nawaz Sharif and others for allegedly laundering $4.9 billion to India, according to reports in the Pakistani media.
New Delhi [India], Apr. 07 (ANI): India's foreign exchange reserves hit a life-time high of 424.361 billion US dollars, after rising by 1.828 billion dollars in the week to March 30, the Reserve Bank of India (RBI) confirmed.
New Delhi [India], Feb 3 (ANI): Foreign exchange reserves saw a USD three billion surge to USD 417.789 billion in the week to January 26, the Reserve Bank of India (RBI) stated.
New Delhi [India], Jan 27 (ANI): Foreign exchange reserves continued rallying for the fourth week with a new high of USD 414.784 billion USD in the week to January 19, attributable to a rise in foreign currency assets.