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19Oct 2024

India’s Forex Reserves Surpass $700 Billion Milestone

Why in the news? Commerce Minister Piyush Goyal announced India’s forex reserves exceeding $700 billion, highlighting the nation’s economic growth and commitment to sustainable practices during the SHRM India Annual Conference 2024.  About India’s Economic Growth and Forex Reserves: Ministerial Announcement: Commerce and Industry Minister Piyush Goyal announced that India’s foreign exchange reserves have exceeded …

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05Oct 2024

Market Decline Driven by West Asia Tensions and FPI

Why in the news? Domestic stock markets fell sharply due to concerns over foreign portfolio investor outflows and escalating conflicts in West Asia, impacting investor sentiment and sector performance. Market Decline Due to West Asia Tensions and FPI Concerns: Domestic stock markets fell on October 4, with Sensex dropping 808.65 points (0.98%) to 81,688.45 and …

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01Oct 2024

FDI Trends in India

Syllabus: GS 2: Government Policies and intetventions GS 3: Liberalization Why in the News? Recently, Chief Justice D.Y. Chandrachud stressed the importance of rule of law as the regional office of the Permanent Court of Arbitration was set up in New Delhi to boost investor confidence. Introduction Regional office of the Hague Permanent Court of …

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30Aug 2024

RATING AGENCY MOODY’S REVISED INDIA’S GDP GROWTH FOR THE YEAR 2024

Why in the news? Moody’s recently revised its growth estimate for India for the year 2024 to 7%, the rate of growth could be even higher in case of increased private consumption rates. About India’s GDP Growth Forecast:About India’s GDP Growth Forecast: Revised Forecasts: Moody has also adjusted upward the GDP growth of India in …

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