New Delhi, June 6 (IANS) India's foreign exchange reserves stood at $691.5 billion, as of May 30, and are sufficient to fund more than 11 months of goods imports and about 96 per cent of external debt outstanding, RBI Governor Sanjay Malhotra said on Friday.
New Delhi, June 6 (IANS) States should work together and leverage Centre’s scheme for encouraging domestic manufacturing of electronic components to make India a global hub of components manufacturing, the India Cellular and Electronics Association (ICEA) said on Friday.
New Delhi, June 6 (IANS) Elon Musk-run affordable satellite internet service Starlink has finally received a satcom licence in India to offer its commercial services, possibly later this year or early next year.
New Delhi, June 6 (IANS) Commerce and Industry Minister Piyush Goyal has said that India’s FDI inflows now originate from 112 countries, compared to 89 in 2013–14, underscoring the country’s rising global appeal.
Ahmedabad, June 6 (IANS) Ahmedabad's Sardar Vallabhbhai Patel International (SVPI) Airport, operated by Adani Airport Holdings Limited (AAHL), on Friday said it has reached a significant milestone in its journey toward customer service excellence.
Mumbai, June 6 (IANS) The domestic benchmark indices surged on Friday after the Reserve Bank of India (RBI) reduced repo rate by 50 basis points to 5.50 per cent and cash reserve ratio (CRR) by 100 basis points (in four tranches).
New Delhi, June 6 (IANS) The government has procured 29.92 million tonnes (MT) of wheat during the 2025–26 Rabi marketing season (April–June) which represents a 13 per cent increase over the corresponding figure for the same period of the previous year and is the highest in the last three years, according to a senior official.
New Delhi, June 6 (IANS) Ten thousand Atal Tinkering Labs have been established in the country in the last 11 years, said Finance Minister Nirmala Sitharaman on Friday.
Mumbai, June 6 (IANS) The RBI has projected India’s GDP growth at 6.5 per cent for 2025-26, with domestic economic activity showing resilience on the back of a strong agriculture sector, industry picking up, and the services sector expected to maintain momentum.
Mumbai, June 6 (IANS) The Indian benchmark indices surged on Friday after the RBI Governor Sanjay Malhotra announced a jumbo 50 bps rate cut — from 6 per cent to 5.5 per cent — and a 100 basis point cut in the Cash Reserve Ratio (CRR), from 4 per cent to 3 per cent.
