Gold’s share in reserves rises by $6bn, at 15%

MUMBAI: India’s foreign exchange reserves rose in the week ended Oct 17, driven by an increase in the value of gold holdings. There was a decline in foreign currency assets, the RBI said. Total reserves increased by $4.5 billion to $702.3 billion. In the previous week, they had risen by $2.2 billion to $698 billion….

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Bharat International Rice Conference 2025: Mega event to bring together producers, exporters, and policymakers; set to be held in Delhi

The Bharat International Rice Conference (BIRC) 2025 is set to be held at Bharat Mandapam, Delhi, on October 30-31, in partnership with the Department of Commerce, Ministry of Commerce and Industry. Organised by the Indian Rice Exporters’ Federation (IREF) in collaboration with APEDA, the event aims to position India as a global hub for rice…

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China’s 2020 trade deal under scrutiny: Trump administration launches compliance probe; Beijing agreed to buy more US products, services

The United States on Friday launched an investigation into China’s adherence to the ‘Phase One trade’ deal signed in 2020.Under the deal, China had pledged to increase purchases of US products and services by hundreds of billions of dollars over 2020 and 2021. However, the targets were not met, largely due to the Covid-19 pandemic.The…

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BSE shares rally: Gain 15% in a month as regulatory fears ease; top things investors should watch out for

BSE’s stock has staged a strong recovery after weeks of anxiety over regulatory reforms, gaining 15% in a month as concerns over the weekly options expiry rule fade and traders return. The stock jumped nearly 2% to Rs 2,533.70 on Thursday before settling at Rs 2,486.50, raising doubts about the rally’s sustainability.Amid speculation that the…

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