According to the RBI, foreign currency assets, the largest component of reserves, fell to $566.548 billion, a decrease of $3.862 billion last week. Gold reserves also declined to $105.536 billion, a decrease of $3.010 billion.
The IMF’s latest World Economic Outlook report predicts India’s economy will expand by 6.6% in FY2025-26, outpacing global and Chinese growth. Strong domestic demand, investments, and policy stability are expected to keep India the world’s fastest-growing major economy despite global challenges.
India’s foreign exchange reserves increased by $1.48 billion to $695.10 billion for the week ended August 15. Foreign currency assets, the largest component, rose by $1.92 billion. In contrast, the value of gold reserves declined by $493 million due to fluctuations in international prices.
India’s retail inflation hits 8-year low at 1.55% in July 2025, with food prices entering negative zone (-1.76%). Rural-urban areas see relief as essential commodity costs drop. Kerala records lowest inflation (8.89%). Experts credit effective monetary policies for this economic turnaround.
Every ten years, a Pay Commission is constituted by the Central Government. In this, the current salary structure of central employees and pensioners including defence personnel is revised after looking at inflation and other things.
India discovers massive crude oil and gas reserves in the Andaman Sea, boosting energy security and reducing import dependence. Read more on Dynamite News
The Indian rupee declined by 10 paise on Thursday, closing at 85.48 against the US dollar, pressured by a robust dollar index and surging crude oil prices. Read more on Dynamite News
Today the price of 24 carat gold has fallen by Rs 660 to Rs 97,600 per 10 grams. Read more on Dynamite News
In July-September, the economy recorded a growth of 5.6 per cent. Read further on Dynamite News:
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