Tag: Balance of Payment

RBI report shows India's forex reserves cover stands at 11.2 months of imports
Posted in Economy

RBI report shows India’s forex reserves cover stands at 11.2 months of imports

The Reserve Bank of India (RBI) in its latest report stated that the country’s foreign exchange reserves cover of imports (on balance of payments basis)…

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India's share in global computer services exports jumps to 11% in FY23: Analysis
Posted in Economy

India’s share in global computer services exports jumps to 11% in FY23: Analysis

With software exports hitting a record high of USD 320 billion in FY23, the country’s share in global computer services exports has jumped to around…

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