Nirmala Sitharaman on Saturday announced a fresh set of measures worth around Rs60,000 crore. Reuters
Sluggish global demand pulled India’s merchandise exports lower by 6.05 per cent in August on a year-on-year basis. As per the data furnished by the Ministry of Commerce & Industry,
With India aiming to become a $5 trillion economy by 2025, Niti Aayog Vice Chairman Rajiv Kumar has said that the country needs to improve the export of goods and services.
The sluggish global economy, along with the domestic slowdown, dented India’s external trade as both exports and imports showed a downtrend in December.
Bitcoin dropped by 7% to $48,176 in a third straight session of losses while others such as Ether and XPR suffered double-digit tumbles.
Spot gold was steady at $1,783.28 per ounce by 05:45 GMT while US gold futures rose 0.1% to $1,783.90 per ounce.
Brent crude futures rose 37 cents, or 0.6%, to $65.77 a barrel while US West Texas Intermediate (WTI) crude futures jumped 45 cents, or 0.7%, to $61.88 a barrel.
Global stocks ground higher while oil ebbed on Thursday as investors diverged over whether to bet on economic recovery in the United States and other developed markets or worry about a surge in COVID-19 cases in India and elsewhere.