Economists see RBI dividend to govt surpassing record Rs 2.5 lakh cr in 2025-26

IANS | May 16, 2025 1:15 PM

Mumbai, May 16 (IANS) Economists expect the Reserve Bank of India's (RBI) dividend to the government to surpass a record over Rs 2.5 lakh crore this year as the central bank earnings, through the sale of dollars to prop up the rupee as it sharply depreciated during 2024-25, are reported to have shot up. This higher profit will be transferred to the government as a dividend in 2025-26.

India’s exports of goods & services surge 12.7 per cent to $73 billion in April

IANS | May 15, 2025 8:06 PM

New Delhi, May 15 (IANS) India total exports of goods and services clocked a robust 12.7 per cent growth in April to touch the $73.80 billion mark compared with the corresponding figure of $65.48 billion during the same month last year, despite the global economic uncertainties triggered by the US tariff hikes, according to figures released by the Commerce Ministry on Thursday.