December 2023

December 2023

India’s First-Ever Rupee Payment for Crude Oil Purchase From the UAE

India’s First-Ever Rupee Payment for Crude Oil Purchase From the UAE

India has made its first-ever rupee payment for the purchase of crude oil from the United Arab Emirates (UAE). India is the world’s third-l…

India’s Forex Reserves Hit 20-Month High

India’s Forex Reserves Hit 20-Month High

India’s foreign exchange reserves moved northward for the fifth straight week, touching an over 20-month high of USD 615.97-billion as at D…

Retail Inflation Rises to 5.5 Per Cent in Nov

Retail Inflation Rises to 5.5 Per Cent in Nov

Retail inflation in November this year climbed up to 5.5 per cent from 4.87 per cent in the previous month of October, according to data re…

India’s Chief Economic Advisor Nageswaran Feels India May Be Understating Growth

India’s Chief Economic Advisor Nageswaran Feels India May Be Understating Growth

On the back of a healthy GDP growth in the second-quarter of this fiscal (Q2 FY 24), a top Indian government official has said that the mom…