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NEW DELHI: India’s foreign exchange reserves rose by $1.48 billion to $ 695.10 billion in the week ended August 15, driven primarily by gains in foreign currency assets (FCA), according to the Reserve Bank of India’s (RBI) latest ‘Weekly Statistical Supplement.’Foreign currency assets, the largest component of India’s forex reserves, increased by $1.92 billion to…

India’s seafood exports held steady at $7.45 billion in 2024-25, despite overall shipment volumes declining, the commerce ministry said on Saturday.The country exported 16,98,170 tonnes of seafood last fiscal, down from 17,81,602 tonnes recorded a year earlier. In 2023-24, the exports had been valued at Rs 60,523.89 crore ($7.38 billion), according to a ministry statement…

India and Australia have taken another big step towards sealing a trade deal, as officials wrapped up the latest round of negotiations in New Delhi, on Saturday. The two countries, which have already implemented an interim trade agreement in December 2022, are now pushing to expand its scope into a Comprehensive Economic Cooperation Agreement (CECA).“The…

India is at the centre of major trade talks as it negotiates free trade agreements (FTAs) with several key partners, including the European Union, the United States, Chile, and Peru, commerce and industry minister Piyush Goyal said on Saturday.Speaking at the Entrepreneur and Traders Leadership Summit, Goyal said that the world is looking at India…