Business news: Expressed in dollar terms, the foreign currency assets include the effect of appreciation or depreciation of non-US units like the euro, pound and yen held in the foreign exchange reserves.
Merkel, whose visit to the country coincided with one of the worst spells of air pollution in Delhi/NCR, also emphasised on the need to replace diesel-run public transport with electric vehicles
"Investment was strong in manufacturing, communication and financial services -- the top three industry recipients," said the UNCTAD World Investment Report 2019 released on Wednesday.
Homegrown mobile payment and e-commerce platform Paytm, run by One97 Communication Ltd, has raised $1.4 billion (approx. Rs 9,100 crore) funding from Japanese internet and telecom major SoftBank Group, the company said here on Thursday.
Washington: US spy agencies spent nearly $68 billion in fiscal year 2014, about the same level of spending on intelligence gathering in the previous year, the government has said.Funding for the country's 17 intelligence agencies
Geneva: By the end of this year, there will be almost 3 billion internet users, two-thirds of them coming from the developing world. And the number of mobile-broadband subscriptions will reach 2.3 billion globally, new
Sao Paulo: The Brazilian government forecasts that the 2014 soccer World Cup will generate around 62.1 billion reais (or $27.7 billion) in revenues, three times what was injected into the country's economy during last year's
New Delhi: The government today approved a proposal to invest USD 4.3 billion in World Bank bonds, which will help the country secure additional funding from the multilateral agency for infrastructure projects. “The Cabinet has
St Petersburg: Battling stunted growth and devaluing currencies, the five nation BRICS grouping, including India, today decided to launch a USD 100 billion currency reserve fund which is expected to help them navigate through an
Islamabad, Jul 2: Cash-strapped Pakistan today movedcloser to securing a massive USD 11 billion economic bailout package from international donor agencies including the IMF, to revive the ailing national economy, media reports said.After lengthy discussions
Mumbai, May 11: India's foreign exchange (forex) reserves decreased by $2.06 billion to $294.30 billion for the week ended May 3, according to data released by the central bank.The reserves had risen by $1.60 billion
Mumbai, Mar 30: The country's foreign exchange reserves rose for the second consecutive week, going up by USD 1.05 billion to USD 293.37 billion on a rise in the core currency assets, the Reserve Bank
Mumbai, Dec 22: India's foreign exchange (forex) reserves went up by $1.63 billion to $296.63 billion for the week ended Dec 14, data released by the Reserve Bank of India (RBI) said Saturday.The reserves had
New Delhi, Mar 15: The Economic Survey 2011-12 says, the unfolding of the Euro zone crisis and uncertainty surrounding the global economy have impacted the Indian economy causing drop in growth, higher current account deficit
Mumbai, Dec 22: India plans to borrow up to Rs 500 billion ($9.5 billion) by pledging property and shares to bridge the government's budget deficit, Bloomberg reported on Thursday, citing unnamed government officials. Shares in
Mumbai, Aug 25: Infrastructure finance company Srei today said it would raise a USD 1 billion infrastructure equity fund from overseas to invest in road, power and ports projects.“We will be raising USD 1 billion
Deauville, France, May 28: Rich countries and international lenders are aiming to provide $40 billion in funding for Arab nations trying to establish true democracies, officials said at a Group of Eight summit.Officials didn't fully
New York: Jessica Simpson may not be doing too well in her music and acting careers, but her fashion line has never been better.According to an article in New York Magazine that will hit shelves
Bangalore, Feb 8: Indo-Russian joint venture BrahMos Aerospace has secured orders from the Armed Forces to deliver supersonic cruise missiles, valued at $ 4 billion, a top company official said today.The orders by Army, Navy
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