Economic Survey 2020 tabled in the Parliament by the Finance Minister

The Economic Survey of the Fiscal Year 2020 has been tabled in both the houses of Parliament. The survey highlights economic trends in the country, development over the past 12 months and facilitates better mobilization of resources. Highlights The Current ..

Month: Current Affairs - January, 2020

Indian Foreign Exchange Reserves

The RBI data shows that Indian Foreign Exchange Reserves have been increased by USD 1.497 billion to reach USD 398.178 billion for the week to January 25. This increase has been attributed to a jump in core currency assets. Why the Foreign Exchange Reserves ..

Month: Current Affairs - February, 2019

India’s forex reserves at record high of $424.864 billion: RBI

According to the Reserve Bank of India (RBI), India’s forex (foreign exchange) reserves have touched record high of $424.864 billion in April 2018. The surge was due to massive spike in foreign currency assets (FCAs), a key component of the ..

Month: Current Affairs - April, 2018

Forex Reserves scale record high of $409.366 billion in December 2017

According to Reserve Bank of India (RBI), India’s foreign exchange (Forex) reserves have scaled to fresh record high of $409.366 billion as on December 29, 2017. The surge was due to massive spike in foreign currency assets, which is key ..

Month: Current Affairs - January, 2018

India’s Forex reserves cross $400 billion for first time

According to Reserve Bank of India (RBI), India’s foreign exchange (Forex) reserves have crossed $400 billion mark for the first time. The increase was due sharp rise in foreign currency assets. India is now at sixth position in forex reserves ..

Month: Current Affairs - September, 2017

India's forex reserves at record-high of $386.53 billion

According to RBI, India’s foreign exchange (Forex) reserves have increased by $4.007 billion to touch a record high of $386.539 billion in the week that ended 30th June 2017. The components of India’s Foreign Exchange Reserves include Foreign currency assets ..

Month: Current Affairs - July, 2017