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Forex reserves had touched an all-time excessive of $704.885 billion in end-September 2024. | Photo Credit: Reuters India’s forex reserves rose $2.294 billion to $698.95 billion for the week ended June 13, the RBI stated on Friday (June 20, 2025). The general reserves had elevated by $5.17 billion to $696.65 billion for the earlier reporting […]
Diesel locomotive from the Marhowrah Diesel Locomotive Factory in Bihar (Image credit: Railways) Prime Minister Narendra Modi on Friday flagged off the first ‘Make in India’ for export diesel locomotive from the Marhowrah Diesel Locomotive Factory in Bihar, marking a big milestone in India’s rail manufacturing and export capabilities.Developed underneath the ‘Make in India’ initiative
Passengers at Sardar Vallabhbhai Patel worldwide Airport after an Air India Flight was cancelled, in Ahmedabad. File picture | Photo Credit: VIJAY SONEJI Air India has cancelled a number of worldwide and home flights on Friday (June 20, 2025) due to elevated plane checks, bad weather, and airspace restrictions. Affected flights embody providers between Dubai,
Anand Jayaraman, Regional Head of Marketing, Executive Officer, South Asia Middle East Region, MOL. | Photo Credit: Special Arrangement Japanese shipping main Mitsui O.S.Okay. Lines (MOL), the world’s second largest shipping firm in phrases of fleet measurement, has determined to deepen it’s presence in India, the place it finds huge potential for development in maritime
(*5*) Ever since US President Donald Trump took workplace, 5 months in the past, his financial insurance policies have unleashed widespread volatility throughout global financial markets, triggering investor pullback, a weakening greenback, and a sharp divergence in global inventory efficiency.Here is a have a look at the financial roller-coaster rise:Wall avenueAfter years of dominating global
Indian cash deposited in Swiss banks greater than tripled in 2024, reaching practically Rs 37,600 crore or 3.5 billion Swiss francs, in accordance to information launched by Switzerland’s central financial institution. The 2024 determine is the very best since 2021, when Indian cash in Swiss banks had reached a 14-year peak of CHF 3.83 billion.This
Asset provisioning necessities shall be lowered on the time of operational part. | Photo Credit: DANISH SIDDIQUI The Reserve Bank (RBI) on Thursday issued RBI (Project Finance) Directions 2025 asking Regulated Entities (REs) to keep normal provision of 1.25% for under construction Commercial Real Estate (CRE) loans and 1% for infrastructure projects under construction. However,
The Bank of England is anticipated to keep interest rates unchanged on Thursday amid rising fears that the continuing Israel-Iran battle would possibly drag within the US, pushing oil costs larger and worsening inflation within the UK. The financial institution’s nine-member Monetary Policy Committee is predicted to maintain the principle price at 4.25%, a two-year
