Economy resilient, decline in forex kitty not a worry yet https://ift.tt/iXuBt50 fell $89 bn in ten months to $553 bn as of September 2022, but are adequate to cover 8.9 month of imports compared to 4.1 months in May 2013 and ratio of short-term debt to reserves at 44 per cent compared to 60 per cent in June 2013 an analysis of official data shows.
NSE IFSC-SGX Connect may be fully operational by June https://ift.tt/XC89Iks this connectivity, global investors who are clients of SGX will be able to trade in Indian derivatives market remotely without having to set up a shop in India. Currently, only a few trades are being executed through the route.
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