India’s foreign exchange (forex) reserves declined by $9.646 billion to $622.275 billion in the week ended March 11, the sharpest decline in nearly two years, as the Reserve Bank of India (RBI) heavily sold dollars to prevent the slide in the value of rupee. According to the RBI’s weekly statistical supplement, the foreign currency assets,…Continue Reading

Iran has offered to help India meet its energy needs by relaunching rupee-rial trade for export of oil and gas, said Iranian ambassador to India Ali Chegeni. Chegeni said if both the countries resume rupee-rial trade, bilateral trade can touch USD 30 billion. Iran used to be India’s second largest oil supplier but New Delhi…Continue Reading

Ministry of Health and Family Welfare India’s Cumulative COVID-19 Vaccination Coverage exceeds 181.04 Cr More than 11 lakh vaccine doses administered for age group 12-14 years India’s Active caseload declines to 27,802 today; stands at 0.06% of India’s total Positive Cases2,075 new cases reported in the last 24 hours Recovery Rate currently stands at 98.73%Weekly…Continue Reading

SynopsisThe five-year contract of ICICI Bank’s CDS, which acts as a shield against likely default on outstanding debt securities by an issuer, yielded 121.53 versus 105.74 on February 21.TOI.inMUMBAI: India has bolstered its finances since featuring in the dubious ‘Fragile Five’ list during Taper Tantrum I. Through the Ukraine war, a litmus test for the…Continue Reading

Ministry of Health and Family Welfare India’s Cumulative COVID-19 Vaccination Coverage exceeds 180.80 Cr More than 3 lakh vaccine doses administered for age group 12-14 years in the last 24 hoursIndia’s Active caseload declines to 30,799 today; stands at 0.07% of India’s total Positive Cases2,539 new cases reported in the last 24 hoursRecovery Rate currently…Continue Reading

SynopsisIndia splurged a record $55.7 billion on gold imports in 2021, buying 1,050 tonnes – the most in a decade, and far more than the 430 tonnes imported in 2020.Getty Images”It makes sense for India to develop mining capacity. But change is needed for this to happen, legacy hurdles must be reduced considerably, and investments…Continue Reading

Asserting that India’s Covid vaccination drive is science-driven and people-powered, Prime Minister Narendra Modi on Wednesday said the country is in a much better position to fight this deadly pandemic but people must keep following all precautions.Modi noted that today is an important day in India’s efforts to vaccinate its citizens as now onwards, youngsters…Continue Reading

Know as the “cradle of warriors”, India’s oldest military school, the Dehradun based Rashtriya Indian Military College (RIMC), turns a hundred years old today.  The institution has given India 6 Service Chiefs — General KS Thimayya, Gen GG Bewoor, Gen VN Sharma, Air Chief Marshal NC Suri, Gen S Padmanabhan, Air Chief Marshal BS Dhanoa,…Continue Reading

Ministry of Health and Family Welfare India’s Cumulative COVID-19 Vaccination Coverage exceeds 179.72 Cr More than 16.73 lakh Vaccine Doses administered in the last 24 hoursRecovery Rate currently stands at 98.70%4,194 New Cases reported in the last 24 hoursIndia’s Active Caseload currently stands at 42,219Weekly Positivity Rate is presently at 0.55% Posted On: 11 MAR…Continue Reading