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Tag : India economy

India forex reserves hit record $728.49bn on RBI data
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India forex reserves hit record $728.49bn on RBI data

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MUMBAI: India’s foreign exchange reserves rose to a record $728.494 billion in the week ended Feb. 27, according to data released by the Reserve Bank of India on Friday. The stockpile increased $4.885 billion from $723.608 billion a...
Business

India approves $1.1B venture fund of funds for startups

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NEW DELHI: India’s Union Cabinet has approved a new state-backed venture capital initiative, clearing the Startup India Fund of Funds 2.0 with a corpus of ₹10,000 crore (about $1.1 billion) to mobilize venture capital for the country’s...
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India’s 77th Republic Day highlights growing EU economic ties

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India marked its 77th Republic Day on Monday with senior European Union leaders attending the national celebrations in New Delhi, underscoring the country’s expanding global economic and diplomatic engagement. President Droupadi Murmu and Prime Minister...
India’s consumer growth contradicts Blume Ventures economic concerns
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India’s consumer growth contradicts Blume Ventures economic concerns

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Experts refute Blume Ventures’ claims, citing India’s GDP growth, rising digital payments, and Modi government’s policies fostering middle-class expansion and economic resilience....
World Bank sees India as a key driver of global economic growth
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World Bank sees India as a key driver of global economic growth

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The World Bank reaffirms confidence in India’s economic growth, citing strong resilience, investment appeal, and progressive policies that drive the country’s global economic leadership....