Tag Archives: Forex

PM Modi Says Rs 50,000 Crore Forex Saved By Blending Ethanol With Petrol In 7-8 Years

PM Modi said that the same amount of Rs 50,000 crore has gone to farmers. Panipat: Prime Minister Narendra Modi on Wednesday said the country saved Rs 50,000 crore in foreign exchange by blending ethanol with petrol in the last seven-eight years. Dedicating the second-generation ethanol plant of India Oil Corporation to the nation here,… Read More »

Forex Reserves Rise To Highest In 3 Weeks On Robust Rupee, Capital Inflow

Forex reserves rose by over $2 billion on significant capital inflows India’s forex reserves rose to the highest in three weeks in the last week of July, supported by robust capital inflows and the rupee’s weakening reversal to sharp gains from 80 per dollar to below 79. The Reserve Bank of India’s weekly supplementary statistical… Read More »