World Bank Highlights India’s Economic Momentum for 2024
World Bank, in its recent report, has highlighted India’s resilience as the fastest-growing economy in the world. The forecast for FY25 has been revised from 6.4% to 6.6%, and the estimated growth rate for FY26 has been increased by 20 basis points to 6.7%. This revision, influenced by the recently declared election results, underscores the…
Shipra Prajapati
India Forex Reserve: Up By $2.9 Billion To $619 Billion
The foreign reserves of India saw a decline trend in the 2nd week of Feb; according to reports, the overall reserves fell around $1.132 billion to $616.097 billion. However, for the week ending on 23 Feb, the foreign reserves were up by $2.9 billion to $619 billion. Foreign-exchange reserves of India comprise 4 different categories:…
Aman Goyal