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List of Indian Exports That Have Helped in Attaining Profound Foreign Reserves

List of Indian Exports That Have Helped in Attaining Profound Foreign Reserves

Several export entities have been showcasing formidable increases over the years; the motto make in India seems to have been brought into the perception of young people. Make in India has influenced many Indian manufacturers to produce products for the needs of foreign markets and aid into the export business. Such new manufacturers have increased and raised the export market for Indian-made products. Over the years, the export market of India has evolved and developed tremendously as there is a…

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Keep Your Money Safe During The Recession, Safer Investment Options

Keep Your Money Safe During The Recession, Safer Investment Options

One of the most common indicators of recession remains to be two years’ worth of consecutive negative GDP growth. This has been one of the oldest ways of measuring recession, but in no way does it showcase the entirety of the impacts of a global slowdown. According to media reports, if a recession was to spiral out of control in recent years, it would have implication similar to that of the dot-com bust of the late 1990s. Two of the…

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How Foreign Exchange Reserves Impact National Markets

How Foreign Exchange Reserves Impact National Markets

The nation’s foreign exchange reserves rose by $6.56 billion to $531.08 billion for the week ending October 28, according to the data that the Reserve Bank of India has released. India’s foreign reserve logged its most significant jump since September 2021 and rose for the first time in three weeks for the week ending October 28. The rise in foreign currency reserves was helped by gains in foreign currency and gold. The slight rise in itself might be an occurrence…

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How Government Curbed Soaring Inflation In India

How Government Curbed Soaring Inflation In India

RBI’s aggressive move to tame the soaring inflation in the nation seemed to have paid off as the WPI inflation had come down to 10.7% in September 2022 from its peak soaring form of 16.2 in June earlier this year. Saket Dalmia, President PHD Chamber of Commerce and Industry, said that the government and Reserve Bank of India’s calibrated efforts have significantly impacted the wholesale price escalation. Although RBI undertook an aggressive move to tame inflation and raised the repo…

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Maharashtra Becomes the Top FDI Receiver, With Gujarat Trailing Behind

Maharashtra Becomes the Top FDI Receiver, With Gujarat Trailing Behind

Maharashtra tops the state-wise FDI equity inflow from October 2019 till June this year, while Gujarat could only secure the third spot. Citing a report by the Department for Promotion of Industry and Internal Trade (DPIIT), state Congress general secretary Sachin Sawant questioned state Deputy Chief Minister Devendra Fadnavis’ claim on Friday that Maharashtra fell behind Gujarat in attracting FDI when Maha Vikas Aghadi (MVA) was in power (from November 2019 to June 2022). The opposition has been blaming the…

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