India’s forex reserves comfortable for next 5-6 years, FTAs to generate surplus: Piyush Goyal

2023-05-24 08:09:37 Commerce and industry minister Piyush Goyal on Wednesday said that India’s free trade agreements (FTA) will help generate surpluses and that the country is “comfortable” for the next five-six years in its foreign exchange position. On the aim to achieve $1 trillion each of goods and services exports by 2030, Goyal said: “I … Read more

India’s forex reserves up $7.2 billion to $595.98 billion

2023-05-12 11:41:16 India’s foreign exchange reserves saw a rise of $7.196 billion to $$595.98 billion as on May 5, 2023, data from the Reserve Bank of India showed on Friday. India’s forex reserves reached a 10-month-high of $588.8 billion in the week through April 28, recovering from a drop to $524.5 billion last October, when … Read more