Even though India's forex reserves have declined in the last few months and the rupee has broken to a record low against the dollar, the country has been able to deal with any external shock. This is believed by the rating agency Fitch. Fitch has also issued a warning to the US praising the Indian economy.
Fitch Ratings said in a report released on Wednesday that India is prepared to deal with the US's strict monetary policies and rising inflation rate globally and has enough foreign exchange reserves to deal with any kind of risk. According to Fitch, the risk to India's credit due to global pressures is very limited.
Let us tell you that after ten weeks of continuous decline in India's foreign exchange reserves, there was an increase in the week ending October 7. During this period, there was an increase of $ 20.4 million in foreign exchange reserves and it had increased to the level of $ 532.868 billion.
Also Read: The rupee closes above 83 against the dollar for the first time, today fell by 61 paise
Jawan: A barrage of records on Shah Rukh's 'Jawan', crosses the Rs 500 crore mark in 4 days, total collection will blow your mind
Jawan Collection Day 4 Worldwide: Atlee Kumar's Bollywood directorial film 'Jawan' has created havoc at the box office. The film seems to be making huge profits every day. There is no doubt that this
Prithvi Shaw Selfie Row: Problems may increase for cricketer Prithvi Shaw, Sapna Gill lodges complaint
A Mumbai court on Monday granted bail to Sapna Gill and three other accused in the case of allegedly manhandling Indian cricketer Prithvi Shaw and attacking his car with a baseball bat. Following
Savarkar Row: Rahul said- Savarkar helped the British; Uddhav's answer- Congress leader's statement is not acceptable
Congress leader Rahul Gandhi reiterated Vinayak Damodar Savarkar's point of helping the British. He said that Veer Savarkar helped the British. Rahul also challenged the Maharashtra government to stop
World Cup 2023: Ruckus in this country after the crushing defeat against India, Sports Minister dismissed the entire cricket board, know
Sri Lanka's Sports Minister Roshan Ranasinghe on Monday sacked the National Cricket Board after the humiliating defeat by India in the World Cup. Ranasinghe has been at odds with Sri Lanka Cricket for
3 Indians among Asia's biggest philanthropists: Adani top in Forbes list, 60 thousand crores. Donated
Forbes has released the list of the biggest philanthropists in Asia. These include the names of India's Gautam Adani, Shiv Nadar, and Ashok Suta. Apart from this, the names of Malaysian-Indian
Weather News: Orange alert for rain in Delhi for two days from today, temperature will fall... Read the full alert from the Meteorological Department.
The humid heat in the capital troubled people throughout the day. People looked miserable due to the humidity. However, there was some relief due to strong winds blowing in between. According to the
Cryptocurrency: Filecoin and Aster were the top gainers, know how the crypto market behaved in a week
US-based crypto exchange Kraken has halted its staking service and had to pay a US$30 million fine to the SEC last week for failing to register the service. After this incident, the week started with
Shahrukh reached Vaishno Devi before the release of the film Pathan: seen in the black jacket in the VIDEO, face covered
Shahrukh Khan visited Maa Vaishno Devi on Sunday. It is being said that he had arrived for the promotion of his upcoming film Pathan. Had gone to pray for the success of the film.
Anushka Sharma-Virat Kohli's daughter Vamika got this special gift hamper on her birthday, cute photos went viral
Anushka Sharma and Virat Kohli are one of Bollywood's favorite couples. Fans like their pairing, their mutual understanding, and the way they keep having fun with each other. A few days ago, the
World Cup 2023: Afghanistan made a big upset and there was a huge change in the points table, England and Australia are in danger! know
The excitement of World Cup 2023 has now started reaching the fans' heads. Afghanistan defeated defending champions England by 69 runs in a thrilling match on Sunday. This was the first upset of this
