Business Standard

India’s foreign exchange reserves rose by $7.26 billion to $674.19 billion in the week ended July 3, driven by an increase in foreign currency assets (FCAs) and gold reserves, according to data released by the Reserve Bank of India (RBI) on Friday.

Details: mybs.in/2g7g2Wo

#IndiaForexReserves #ForeignExchange #ForeignExchangeReserves #RBI #StateBankOfIndia

1 day ago | [YT] | 2,124

Business Standard

Dismissing concerns over ethanol blended petrol, central government on Friday ruled out selling either pure petrol or 10% ethanol blend (E10) alongside 20% blend (E20) at retail outlets as a viable option, in view of logistical challenges and the huge investments already made in production and blending facilities.

Details: mybs.in/2g7g2Yt

#E20Petrol #EthanolBlending #FuelPolicy #Petrol #Vehicles

1 day ago | [YT] | 2,056

Business Standard

Trump said he has ordered the military to be ready to launch strikes against Iran if Tehran carries out or attempts to assassinate him, saying orders could remain in force for a year.

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#DonaldTrump #USIran #IranWar #WestAsia #Iran

1 day ago | [YT] | 1,087

Business Standard

At the commissioning of INS Mahendragiri in Visakhapatnam, Defence Minister Rajnath Singh said AI is reshaping warfare but cannot replace trained soldiers, national resolve and strong conventional military capabilities.

Details: mybs.in/2g7gU5F

#RajnathSingh #AI #IndianArmy #IndianDefenceForces #DefenceMinistry

1 day ago | [YT] | 2,102

Business Standard

Over half of the Ram temple's donation-counting staff have resigned as tighter security and an ongoing probe into alleged embezzlement disrupt operations.

Details: mybs.in/2g7g2VT

#Ayodhya #RamTemple #RamMandir #RamTempleAyodhya #UttarPradesh

1 day ago | [YT] | 1,954

Business Standard

Indian-origin leaders Raghuram Rajan, Raj Chetty and Asha Sharma will head key US Federal Reserve task forces reviewing monetary policy and institutional reforms.

Details: mybs.in/2g7g2bQ

#RaghuramRajan #AshaSharma #RajChetty #USFederalReserve #KevinWarsh

1 day ago | [YT] | 2,644

Business Standard

#BSPoll | Should the government take measures to increase women's participation in the workforce?

1 day ago | [YT] | 25

Business Standard

#BSDeepDive | A weak monsoon in India does not affect the economy all at once. It moves through it in stages—from farms to food prices, from rural incomes to consumer spending and eventually to inflation and monetary policy.

Here's how a deficient monsoon and possible El Niño conditions this year may affect India's economy 👇

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#Monsoon #Inflation #IndianEconomy #CPI #Agriculture

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1 day ago (edited) | [YT] | 366

Business Standard

Although E20 petrol can reduce fuel economy by 3–5% in some vehicles, the Oil Ministry maintains that its performance and environmental benefits far outweigh this impact.

Details: mybs.in/2g7g2MH

#E20Fuel #Ethanol #EthanolBlending #PetroleumMinistry #FuelPolicy

1 day ago | [YT] | 2,910

Business Standard

#BSEditorial | At its #Ankara summit, #NATO reaffirmed collective #defence and boosted military spending for itself and #Ukraine, though lagging member-state budgets and #US President #DonaldTrump's erratic behavior continue to strain the alliance.

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