Washington, March 22 (IANS) India’s economic momentum is facing a fresh strain as the ongoing US-Israeli war on Iran disrupts its deep-rooted ties with the Gulf, a key pillar of trade, energy supplies, and remittances, according to a New York Times report.Only weeks ago, India appeared well placed among major economies, with strong growth, stable inflation, and robust reserves. But its growing economic integration with the Gulf — long seen as an advantage — is now emerging as a vulnerability…
Latest Foreign Exchange Reserves News & Updates
New Delhi, March 18 (IANS) Pakistan’s claims of economic stabilisation and recovery are facing growing scepticism, with experts warning that deep-rooted structural weaknesses — particularly a deteriorating production base — continue to undermine the country’s economic outlook, a report has said.According to a report published by The Express Tribune, the government has highlighted its success in averting a default, while analysts say the broader economy remains fragile, with little evidence…
New Delhi, Feb 3 (IANS) Debt-ridden Pakistan’s recent request to the United Arab Emirates (UAE) for the rollover of $3 billion deposits reflects the heavy dependence of the country’s economy on borrowing from friendly countries and the IMF to stay afloat.This pattern of repeated rollovers and emergency funding from friendly states and the IMF has provided short-term breathing space but has also entrenched a fragile economic model that discourages domestic reform, distorts incentives, and per…
New Delhi, Jan 29 (IANS) Economic Survey 2025-26 provides a strong foundation for policy reforms to accelerate export growth, improve logistics efficiency, lower input costs, expand market access and deepen India’s role in global value chains, the Federation of Indian Export Organisations (FIEO) said on Thursday.The industry body welcomed the Survey, saying it highlighted the decisive role of the external sector — exports, imports and services — as a cornerstone of stability, growth and glob…
New Delhi, Jan 29 (IANS) India remains the world’s largest recipient of remittances, with inflows reaching $135.4 billion in FY25, supporting stability in the external account, the Economic Survey 2025-26 said on Thursday.The share of remittances from advanced economies increased, reflecting a growing contribution from skilled and professional workers, said the Survey tabled by Finance Minister Nirmala Sitharaman in Parliament.A unified effort to reduce manufacturing costs is required for enha…
New Delhi, Jan 26 (IANS) Pakistan’s economy continues to survive on external support rather than real reform, as policymakers rely on foreign borrowing and strategic alliances to avoid repeated financial collapse, a report has said.For decades, Pakistan has faced recurring economic crises, only to be rescued each time by foreign creditors, the International Monetary Fund (IMF), or friendly nations, according to an analysis by Sakariya Kareem.Instead of building a competitive export-driven econ…
New Delhi, Jan 22 (IANS) Bangladesh’s loss-making power sector, which is heavily dependent on fossil fuels, has emerged as the main cause of pollution in the country, apart from being a drag on the economy, as per local media reports. The Bangladesh Working Group on Ecology and Development (BWGED) presented a 13-point citizen manifesto for a “just transition in the energy sector”. The transition to renewable energy has clearly become essential given the increasing environmental pollution (especi…
Mumbai, Jan 19 (IANS) India continued to remain the fastest-growing major economy in the world, with GDP growth estimated at 7.4 per cent, according to the latest Market Pulse report released by the National Stock Exchange of India on Monday.The report highlights strong macroeconomic stability, rising investor participation, and record fund-raising activity in capital markets during 2025.As per the First Advance Estimates, India’s economic growth stayed well ahead of global peers, supported by…
Mumbai, Jan 11 (IANS) Indian stock markets are expected to remain volatile in the coming week as investors brace for a mix of key domestic and global triggers, including the start of the December quarter earnings season, the release of crucial inflation data, and continued uncertainty over US trade policies.Benchmark indices ended the past week on a weak note, extending their losing streak to five sessions, as caution ahead of corporate results and persistent foreign fund outflows kept sentiment…
New Delhi, Jan 2 (IANS) Continuing an upward trend, India’s foreign exchange reserves increased by $3.293 billion to $696.610 billion in the week ended December 26, according to data released by the Reserve Bank of India (RBI) on Friday.In the previous week, as reported by the central bank, the country’s foreign exchange reserves had risen by $4.368 billion.According to RBI data, in the week ended December 26, the value of foreign currency assets (FCAs), the largest component of the reserves, …