According to RBI's latest data, India's foreign currency assets, the biggest component of the forex reserves, declined USD 7.108 billion to USD 500.587 billion.
According to RBI's latest data, India's foreign currency assets, the biggest component of the forex reserves, declined by USD 1.747 billion to USD 496,441 billion.
Breaking the trend of the fifth consecutive week of rising foreign exchange reserves, they fell by USD 571 million to USD 563.499 billion in the week that ended on December 16, Reserve Bank of India's Bulletin Weekly Statistical Supplement data showed on Friday.
India's foreign exchange reserves during the week that ended on November 25 rose by USD 2.89 billion to USD 550.14 billion, the Reserve Bank of India data showed on Friday evening. This is the third consecutive week of rising reserves.
India's robust gems and jewellery exports in the half of the financial year 2022-23 have helped in maintaining growth for the April-October period, despite a sharp dip in exports in the month of October.
New Delhi [India], October 11 (ANI): India's gems and jewellery exports witnessed a 27.17 per cent growth in September to Rs 30,195.21 crore (USD 3765.51 million) as compared to Rs 23,743.46 crore during the same month last year, data released by the Gem and Jewellery Export Promotion Counci
New Delhi [India], September 29 (ANI): Online jewellery sales in India have seen rapid growth over the past few years, largely driven by demand from millennials amid growing internet penetration, World Gold Council said.
New Delhi [India], August 10 (ANI): Against the backdrop of monetary policy tightening by several central banks including the Reserve Bank of India, gold as an asset may offer investors a source of return on their investments and effective diversification of the portfolio, said World Gold Co
New Delhi [India], August 2 (ANI/NewsVoir): Kundan Gold Refinery has announced that it has been awarded the 'Leading Bullion Refiner of the Year' at a gala ceremony organised by the India Gold Conference (IGC). The glittering awards dinner was held at ITC Grand Chola, Chennai. The success is
New Delhi [India], May 2 (ANI): Amid inflation and high gold prices, India's demand for the yellow metal declined sharply in the January-March quarter by 18 per cent to 135.5 tonnes, according to World Gold Council (WGC).