WebFeb 3, 2015 · In mid-January, India's foreign exchange reserves touched a new life-time high at $322.135 billion, driven by higher foreign fund inflows and lower forex outgo on the back of a massive fall in global crude prices. Foreign funds had been pumping more and more dollars into Indian equities ever since the new government assumed charge in May. WebAug 23, 2024 · The Indian units of global auto majors such as Suzuki, Hyundai, Honda, Toyota, Ford, and Nissan together spent more than Rs 8,000 crore on royalties and technical fee, when the numbers for either FY20 or FY19 are considered. It was equal to nearly 4 per cent of their combined net sales.
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WebIndia's forex reserves rise $5.98 billion to $578.78 billion Mar 31, 2024, 05:06PM IST India's foreign currency assets (FCA), the biggest component of the forex reserves, saw a rise of $4.38 billion to $509.72 billion. WebThe trade welcomed the initiative stating it is important that India creates its own capacity to save the huge forex outgo to foreign ship owners. However, some experts feel the cap at 25 years is low as globally ships of over 35 years are maintained well. ... said “We lose billions in forex to outsiders by way of freight.The need of the hour ... cleveland auto show 2022 discounts
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