New Delhi: Prime Minister Narendra Modi on Saturday said that the country’s economic growth rate is over 8 per cent. Speaking at the release of the 10th installment of financial benefit under PM-KISAN, the Prime Minister said that the foreign investments, forex reserves, and GST collections are also at record high levels. “Today the growth […]
In the week ended April 16, 2021, the increase in reserves was mainly due to a rise in foreign currency assets (FCAs), a major component of the overall reserves
Commerce Secretary Anup Wadhawan said that India's overall forex reserves have been fairly steady, below $500-600 billion, and the country is not accumulating reserves like China.
During the reporting week, the increase in forex kitty was on account of rise in foreign currency assets (FCA), a major component of the overall reserves
