India’s foreign exchange reserves rose by $392 million to $687.19 billion in the week ended January 9, data released by the Reserve Bank of India (RBI) showed on Friday, PTI reported.The increase comes after a sharp decline in the previous reporting week, when the overall reserves had fallen by $9.809 billion to $686.80 billion.According to…
Scott Adams, the creator of the Dilbert comic strip, has passed away Scott Adams, the creator of the Dilbert comic strip, passed away a few days ago at 68 after battling cancer. For most people, he was the man who made cubicle life funny, who turned the pointy-haired boss into a universal symbol of corporate…
The International Monetary Fund has highlighted India’s position in world economy, saying that New Delhi continues to play a crucial role in driving global economic growth, with recent indicators pointing to stronger-than-expected performance. Addressing reporters during a media briefing on Thursday, IMF spokesperson Julie Kozack said that India has emerged as one of the world’s…
The country’s smartphone exports rose 43.7 per cent to USD 18.8 billion during the April-November period this fiscal year, according to the commerce ministry data released on Thursday. It was USD 13.08 billion in April-November 2024-25 and USD 9.07 billion during April-November 2023-24. The data showed that the US was the major destination for the…
India’s merchandise exports to China surged 67.35% year-on-year to $2.04 billion in December, driven by higher shipments of electronics, marine and agricultural products, according to Commerce Ministry data released on Thursday.The sharp rise was led by exports of oil meals, marine products, telecom instruments and spices. In the electronics segment, key items registering strong growth…
Gold prices climbed to a fresh lifetime high in the domestic market on Thursday amid sustained buying by jewellers and stockists, according to the All India Sarafa Association.Gold advanced by Rs 800 to hit a new peak of Rs 1,47,300 per 10 grams (inclusive of all taxes), extending gains for the fifth consecutive session. The…
NEW DELHI: India has an investment potential of over ₹40 lakh crore in the power sector, Union minister Manohar Lal Khattar said on Thursday at a curtain-raiser for a global conference on the power sector.“We estimate an investment potential of over $345.97 billion in electricity generation and $68.22 billion in transmission and distribution. The energy…
Wall Street steadied on Thursday as heavyweight technology stocks bounced back on the back of strong signals from the global chip industry, while a sharp drop in crude oil prices helped soothe broader market concerns, according to an AP report.The S&P 500 rose 0.6%, snapping a two-day losing streak that followed its recent record high….
The Securities and Exchange Board of India (Sebi) has “in-principle” agreed to the settlement plea filed by the National Stock Exchange (NSE) in the long-running unfair market access case, a development that could finally clear the regulatory hurdle for the country’s largest stock exchange to launch its much-delayed initial public offering (IPO), reported PTI.Sebi chairman…
India’s merchandise exports rose 1.87% year-on-year to $38.5 billion in December 2025, even as higher imports led to a marginal widening of the trade deficit, official data released on Thursday showed, PTI reported.Imports increased 8.7% during the month to $63.55 billion, pushing the trade deficit to $25.04 billion in December. This compares with a deficit…
