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Foreign Exchange Reserves Of India
India has large foreign-exchange reserves; holdings of cash, bank deposits, bonds, and other financial assets denominated in currencies other than India's national currency, the Indian rupee. The reserves are managed by the Reserve Bank of India for the Indian government and the main component is foreign currency assets. Foreign-exchange reserves act as the first line of defense for India in case of economic slowdown, but acquisition of reserves has its own costs. Foreign exchange reserves facilitate external trade and payment and promote orderly development and maintenance of foreign exchange market in India. India's total foreign exchange (Forex) reserves stand at around US$532.838 Billion on 07 Oct 2022, with the Foreign Currency Assets (FCA) component at around US$471.496 Billion, Gold Reserves at around US$38.995 Billion, SDRs (Special Drawing Rights with the IMF) of around US$17.582 Billion and around US$4.836 Billion Reserve Position in the IMF, as per Reserve Bank of In ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
India
India, officially the Republic of India (Hindi: ), is a country in South Asia. It is the seventh-largest country by area, the second-most populous country, and the most populous democracy in the world. Bounded by the Indian Ocean on the south, the Arabian Sea on the southwest, and the Bay of Bengal on the southeast, it shares land borders with Pakistan to the west; China, Nepal, and Bhutan to the north; and Bangladesh and Myanmar to the east. In the Indian Ocean, India is in the vicinity of Sri Lanka and the Maldives; its Andaman and Nicobar Islands share a maritime border with Thailand, Myanmar, and Indonesia. Modern humans arrived on the Indian subcontinent from Africa no later than 55,000 years ago., "Y-Chromosome and Mt-DNA data support the colonization of South Asia by modern humans originating in Africa. ... Coalescence dates for most non-European populations average to between 73–55 ka.", "Modern human beings—''Homo sapiens''—originated in Africa. Then, int ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Indian Forex Reserves
Indian or Indians may refer to: Peoples South Asia * Indian people, people of Indian nationality, or people who have an Indian ancestor ** Non-resident Indian, a citizen of India who has temporarily emigrated to another country * South Asian ethnic groups, referring to people of the Indian subcontinent, as well as the greater South Asia region prior to the 1947 partition of India * Anglo-Indians, people with mixed Indian and British ancestry, or people of British descent born or living in the Indian subcontinent * East Indians, a Christian community in India Europe * British Indians, British people of Indian origin The Americas * Indo-Canadians, Canadian people of Indian origin * Indian Americans, American people of Indian origin * Indigenous peoples of the Americas, the pre-Columbian inhabitants of the Americas and their descendants ** Plains Indians, the common name for the Native Americans who lived on the Great Plains of North America ** Native Americans in the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Foreign-exchange Reserves Of China
The foreign exchange reserves of China are the state of foreign exchange reserves held by the People's Republic of China, comprising cash, bank deposits, bonds, and other financial assets denominated in currencies other than China's national currency (the renminbi). In July 2020, China's foreign exchange reserves totaled US$3.15 trillion, which is the highest foreign exchange reserves of any country. The management of foreign exchange reserves is governed by the State Administration of Foreign Exchange (SAFE) and the People's Bank of China.About the PBC People's Bank of China website The composition of foreign exchange reserves is a state secret in China. [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
List Of Countries By GDP (nominal)
Gross domestic product (GDP) is the market value of all final goods and services from a nation in a given year. Countries are sorted by nominal GDP estimates from financial and statistical institutions, which are calculated at market or government official exchange rates. Nominal GDP does not take into account differences in the cost of living in different countries, and the results can vary greatly from one year to another based on fluctuations in the exchange rates of the country's currency. Such fluctuations may change a country's ranking from one year to the next, even though they often make little or no difference in the standard of living of its population. Comparisons of national wealth are also frequently made on the basis of purchasing power parity (PPP), to adjust for differences in the cost of living in different countries. Other metrics, nominal GDP per capita and a corresponding GDP (PPP) per capita are used for comparing national standard of living. On the who ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
List Of Countries By Foreign-exchange Reserves (excluding Gold)
This is a list of the top 33 list of sovereign states, sovereign states of the world sorted by their foreign exchange reserves excluding gold reserves, but including special drawing rights (SDRs) and International Monetary Fund (IMF) reserve positions. The table includes the latest available data as on of 4 December, mostly from the IMF, and includes certain economies that are not considered to be sovereign states (such as Hong Kong, Macau and the Eurozone, because of their special economic statuses). List See also * List of countries by foreign-exchange reserves * List of circulating currencies Notes References {{DEFAULTSORT:Reserves of foreign exchange and gold Lists of countries by economic indicator, foreign-exchange reserves (excluding gold), List Of Countries By Foreign exchange reserves ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Indianisation
Indianisation also known as Indianization, may refer to the spread of Indian languages, culture, diaspora, cuisines, economic reach and impact since India is one of the greatest influencers since ancient times and the current century has been called the Indian Century. Indian culture Historical spread of Indian culture beyond India proper: * Indomania or Indophilia refers to the special interest that Indian culture has generated in the world, more specifically the western world. * Greater India ** Indosphere ** Sanskritisation ** institutions with Sanskrit mottos * Indianization of Southeast Asia ** Indianized kingdom ** History of Indian influence on Southeast Asia *** South-East Asia campaign of Rajendra Chola I *** Chola invasion of Srivijaya *** Indian influences in early Philippine polities ** East Indies or Indies in Southeast Asia under Indian cultural influence, e.g. Indonesia and Philippines ** Indochina, Indianized Southeast Asia under French colonial rule India ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Indian Diaspora
Overseas Indians (IAST: ), officially Non-Resident Indians (NRIs) and Overseas Citizens of India (OCIs) are Indians who live outside of the Republic of India. According to the Government of India, ''Non-Resident Indians'' are citizens of India who are not living in the country, while the term ''People of Indian Origin'' are people of Indian birth or ancestry who are not citizens of India, but are citizens of other nations and may additionally have Overseas Citizenship of India (OCI), with those having the OCI status known as ''Overseas Citizens of India''. According to a Ministry of External Affairs report, there are 32 million NRIs and OCIs residing outside India and overseas Indians comprise the world's largest overseas diaspora. Every year 2.5 million (25 lakhs) Indians migrate overseas, which is the highest annual number of migrants in the world. [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
List Of The Largest Trading Partners Of India
According to the Ministry of Commerce and Industry (India), Ministry of Commerce and Industry, the fifteen largest trading partners of India represent 59.37% of total trade by India in the financial year 2019-2020. These figures include trade in goods and commodities, but do not include services or foreign direct investment. The two largest goods traded by India are mineral fuels (refined / unrefined) and gold (finished gold ware / gold metal). In the year 2013–14, mineral fuels (HS code 27) were the largest traded item with 181.383 billion US$ worth imports and 64.685 billion US$ worth re-exports after refining. In the year 2013–14, Gold Control Act, gold and its finished items (HS code 71) were the second largest traded items with 58.465 billion US$ worth imports and 41.692 billion US$ worth re-exports after value addition. These two goods are constituting 53% total imports, 34% total exports and nearly 100% of total Balance of trade, trade deficit (136 billion US$) of India ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
List Of Exports Of India
For information on exports, see Export. For Harmonized Codes, see Harmonized System. The following is a list of export product categories that were exported the most and fetched foreign currency for India. The list includes the HS Codes and the value of the product exported. The data referenced in the system do not have any legal sanctity and is for general reference only. List of exports 2017 The following is the list of top 30 export product categories. Data is in millions of United States dollars for 2017, as reported by Department of Commerce, Government of India. List of exports 2016 The following is the list of top twenty export product categories. Data is for 2016, in millions of United States dollars, as reported by Department of Commerce, Government of India. List of exports 2015 The following is the list of top twenty export product categories. Data is for 2015, in millions of United States dollars, as reported by Department of Commerce, Government of India. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Foreign Trade Of India
Foreign trade in India includes all imports and exports to and from India. At the level of Central Government it is administered by the Ministry of Commerce and Industry. Foreign trade accounted for 48.8% of India's GDP in 2018. History Even before independence, the Government of India maintained semi-autonomous diplomatic relations. It had colonies (such as the Aden Settlement), who sent and received full missions, and was a founder member of both the League of Nations and the United Nations. After India gained independence from the United Kingdom in 1947, it soon joined the Commonwealth of Nations and strongly supported independence movements in other colonies, like the Indonesian National Revolution. The partition and various territorial disputes, particularly that over Kashmir, would strain its relations with Pakistan for years to come. During the Cold War, India adopted a foreign policy of non-alignment policy itself with any major power bloc. However, India developed cl ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Business Process Outsourcing To India
Business process outsourcing to India refers to the business process outsourcing services in the outsourcing industry in India, catering mainly to Western operations of multinational corporations (MNCs). As of 2012, around 2.8 million people work in outsourcing sector. Annual revenues are around $11 billion, around 1% of GDP. Around 2.5 million people graduate in India every year. Wages are rising by 10–15 percent as a result of skill shortage. History Amex In the second half of the 1980s, American Express consolidated its JAPAC (Japan and Asia Pacific) back office operations into Gurgaon region. This centre (called the Financial Resource Centre East or FRC-E)was headed by an Expat Harry Robertson, a veteran American Express employee with Raman Roy reporting to him, Raman Roy later on quit Amex to join GE and later on started his own enterprise called Spectramind which got later on merged with Wipro and then later on started Quatrro BPO. General Electric In the 1990s Jack ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Remittances To India
Remittances to India are money transfers (called remittance) from non-resident Indians (NRIs) employed outside the country to family, friends or relatives residing in India. India is the world's top receiver of remittances, claiming more than 12% of the world's remittances in 2015. Remittances to India stood at billion in 2017 and remittances from India to other countries totalled billion, for a net inflow of billion in 2017. As per the Ministry of Overseas Indian Affairs (MOIA), remittance is received from the approximately 35 million members of the Indian diaspora. History Overview Under the Foreign Exchange Management Act (FEMA) of 1999, Non Resident Indians (NRIs) and Persons of Indian Origin (PIOs) can open and maintain three types of accounts namely, Non-Resident Ordinary Rupee Account (NRO Account), Non-Resident (External) Rupee Account (NRE Account) and Foreign Currency Non Resident (Bank) Account – FCNR (B) Account. NRO Accounts are not repatriable except f ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
