India’s forex reserves see sharpest rise in 2 years

Posted on   12:04 pm

After the $10 billion forex swap undertaken by the central bank on February 28, when it bought dollars against rupee to inject liquidity in the system, the country’s foreign exchange reserves saw a huge $15.267 billion spike during the week ended March 7.

India’s economic indicators strong

Posted on   12:02 pm

India’s economic indicators for February reflect a moderation in inflation, improved industrial output and strong corporate earnings, according to the latest SBI Ecowrap report.

Good news

Posted on   12:00 pm

India is poised to become the world’s third-largest economy by 2028, surpassing Germany, according to a recent report by Morgan Stanley. 

At least 32 dead in massive US storm after

Posted on   11:57 am

Violent tornadoes ripped through parts of the US, wiping out schools and toppling semitractor-trailers in several states, part of a monster storm that has killed at least 32 people as more severe weather was expected late Saturday.

51 dead in nightclub fire in North Macedonia

Posted on   11:26 am

A massive fire that broke out early Sunday in a nightclub in North Macedonia’s southern town of Kocani has killed 51 people and injured about 100 more, interior minister Panche Toshkovski told a press conference.