Prime Minister Narendra Modi Addresses Indians In London

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Gold Silver Reports (GSR) – Prime Minister Narendra Modi Addresses Indians In London — Indians Are Becoming Aspirational’ — Prime Minister Narendra Modi said that people have more expectations of his government because they trust that it can deliver. “People know that when they say something, the government will listen and do it,” he said.

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How Investors Can Manage India’s 2019 Election Risk

Gold Silver Reports (GSR) – How Investors Can Manage India’s 2019 Election Risk – “Since 1991, every election has been preceded by a coalition government; hence, the market has had room to be hopeful of a stronger government,” Morgan Stanley said. “It enters the 2019 polls with a majority government already at the helm. So, it has to deal with the prospects of a weaker government at the centre.”                             

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China, India Extend Grace Periods for Mozambique Debt Repayments

Gold Silver Reports (GSR) – China, India Extend Grace Periods for Mozambique Debt Repayments — The two countries agreed to the extensions in talks last year, Stelia Neta, deputy national director of the ministry, said in an emailed response to questions. In addition, China agreed to forgive $34 million of debt, she said.

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India Forex Reserves At Record High Of $424.864 Billion

Rupee Kiss All-Time Low - Fir Bhi Mera Desh Mahan

Gold Silver Reports (GSR) – In the previous week, the reserves had surged by $1.828 billion to $424.366 billion. It had crossed the $400-billion mark for the first time in the week to September 8, 2017, but has since been fluctuating. In the reporting week, the foreign currency assets, a major component of the overall reserves, rose by $657.7 million to $399.776 billion.

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