India’s forex reserves fall $11.68 bn to $716.81 bn as foreign currency assets slide

India’s foreign exchange reserves declined sharply in the week ended March 6, reversing the previous week’s surge that had taken the country’s forex stockpile to a record high.Data released by the Reserve Bank of India on Friday showed the reserves dropped by $11.683 billion to $716.810 billion, reported PTI. In the preceding reporting week, the…

Read More

China urea shipments to India hit 3-year high; Russian supplies also rise this fiscal

India’s imports of urea from China have climbed to their highest level in three years during the current fiscal, even as fertiliser shipments from Russia have also increased sharply, according to government data tabled in Parliament on Friday.In a written reply to the Lok Sabha, Minister of State for Fertilisers Anupriya Patel said India imported…

Read More

Refining relations: India pumps up goodwill as neighbours seek emergency fuel | India News

Several countries in the subcontinent have reached out to India seeking additional fuel as the ongoing conflict in the Middle East curtails energy supplies from the Persian Gulf.This comes after the effective closure of the Strait of Hormuz, which has left several countries in South Asia with limited stockpiles and few alternative supply routes. Major…

Read More

RSS plans shakha expansion, wider outreach to mark centenary year | India News

RSS plans shakha expansion, wider outreach to mark centenary year (Picture credit: PTI) NEW DELHI: The Rashtriya Swayamsevak Sangh (RSS) will focus on expanding its ‘shakhas’ and stepping up public outreach programmes during its centenary year, with the organisation saying it is pushing both organisational growth and wider social engagement as part of its 100th…

Read More

Premiumisation fuels growth in India’s watch market

India’s ‘accessible’ luxury watch segment is emerging as one of the fastest-growing segments as consumers increasingly upgrade to premium timepieces. The momentum is expected to accelerate further with the India-EFTA Trade and Economic Partnership Agreement, which will gradually lower import duties to nil on European watches over the next four-five years, drawing greater interest from…

Read More

Online crimes against women & children: Govt urges law enforcement & IT firms for stronger response | India News

NEW DELHI: Highlighting the growing challenge of online crimes against women and children, home secretary Govind Mohan on Friday exhorted the law enforcement agencies to ensure prompt and coordinated response to such cases while also urging the information technology (IT) intermediaries to adhere to all legal provisions meant to secure the digital space for women…

Read More

India reviews US Section 301 investigations on partners; decision to follow detailed assessment: Report

India is examining the United States’ move to initiate Section 301 investigations against a group of 16 trading partners and will take an appropriate position after analysing the legal and economic aspects, PTI reported citing an official on Friday.On March 11, the Office of the United States Trade Representative (USTR) announced probes into countries including…

Read More