MALAYSIA-KUALA LUMPUR-XI JINPING'S THOUGHTS-BOOK FAIR

MALAYSIA-KUALA LUMPUR-XI JINPING'S THOUGHTS-BOOK FAIR

(230602) -- KUALA LUMPUR, June 2, 2023 (Xinhua) -- Kaushal Goyal (R), CEO and director of India's GBD Books, reads a book by Chinese President Xi Jinping at the 40th Kuala Lumpur International Book Fair in Kuala Lumpur, Malaysia, May 30, 2023. TO GO WITH "Feature: Books on Xi's thought key to understanding China" (Xinhua/Zhu Wei)

India's forex reserves decline to 593.48 bln USD in May

STORY: India's forex reserves decline to 593.48 bln USD in May DATELINE: May 28, 2023 LENGTH: 00:01:19 LOCATION: New Delhi CATEGORY: ECONOMY SHOTLIST: 1. shot of India gate 2. shots of Reserve Bank of India (RBI) building 3. shots of market area STORYLINE: India's foreign exchange reserves declined by 6.05 billion U.S. dollars during the week ended May 19 to 593.48 billion U.S. dollars, showed the latest data released by the Reserve Bank of India. This situation came after three consecutive weeks seeing the forex reserves rise. In the previous week ended May 12, India's forex reserves rose by 3.55 billion U.S. dollars to reach 599.53 billion U.S. dollars, according to the country's central bank. Earlier this week Commerce and Industry Minister Piyush Goyal said India was in a "comfortable" position for the next five to six years in terms of its forex reserves. "In the worst case, with whatever difficulties anybody may have, India is comfortable for the next five or six years, given (that) o

India's annual exports cross 750 bln USD: minister

STORY: India's annual exports cross 750 bln USD: minister DATELINE: March 30, 2023 LENGTH: 00:01:24 LOCATION: New Delhi CATEGORY: ECONOMY SHOTLIST: 1. shots of India gate 2. shots of government buildings 3. shots of the wholesale market area 4. shots of export containers STORYLINE: India's overall exports crossed an all-time high of 750 billion U.S. dollars in the current financial year 2022-23, said the Federal Commerce and Industry Minister Piyush Goyal on Tuesday. According to the minister, India's overall exports have grown by nearly 250 billion dollars during the past three years. "The exports have risen from 500 billion dollars in 2020-2021 to this figure in extremely challenging times," Goyal said at the annual session of the Associated Chambers of Commerce and Industry of India. India aims to become a self-reliant nation, and "making India self-reliant is not about closing doors but about opening them wider," he added. Xinhua News Agency correspondents reporting from New Delhi. (XHTV)