India’s foreign exchange reserves have reached a significant milestone, surging past the $600 billion mark for the first time since May 2022. As of July 14, the forex reserves stood at an impressive $609 billion, marking a 15-month high. This remarkable achievement comes against the backdrop of a notable rise …
Read More »India trashes Chinese EV maker BYD’s proposal to set up $1 billion plant
The Narendra Modi government has trashed Chinese automaker BYD’s proposal to set up a $1 billion manufacturing plant in India, reported Economic Times on Saturday. The Chinese EV giant had earlier submitted a proposal to build EVs as well as electric batteries in India in partnership with an Indian EV …
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