📣 MARKET IMPACT US Pending Home Sales Edge Higher 0.7% in May #forex
A momentous feat achieved! 10% ethanol blending in petrol achieved much ahead of Nov '22 target, leading to a total forex saving of ₹41000 cr & reducing the CO2 emissions by almost 27 L tonnes. At this rate, we will achieve the next target of 20% by '25.
24x7 railway electrification work underway near Amethi. Electrification will reduce pollution, costs and save precious forex.
Delhi | At present, we need 9,500 pilots...over 40% of pilots go abroad for training...again there is forex outgo. The training cost of a pilot is around Rs 1.5-2 Cr. We've to move flying/pilot training here," Jyotiraditya Scindia, Union Minister of Civil Aviation (19.11)
Under the leadership of PM Shri Narendra Modi, India has become the fifth largest forex reserve holder globally with $608.99 billion in forex reserves. It forms the top five alongside China, Japan, Switzerland and Russia.