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Trade pact breakthrough: Switzerland ratifies India-EFTA agreement; $100 billion investment and 10 lakh jobs likely

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Switzerland has completed the ratification process for the India-EFTA Trade and Economic Partnership Agreement (TEPA), paving the way for the landmark deal to come into force in October. The pact, signed in March after nearly 16 years of negotiations, aims to significantly reduce trade barriers and enhance investment flows between India and the four EFTA … Read more

Forex update: Reserves fall by $3 billion to $699.736 billion in early July; foreign currency assets slip sharply

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India’s foreign exchange reserves declined by $3.049 billion to $699.736 billion for the week ended July 4, according to data released by the Reserve Bank of India (RBI) on Friday.This comes after a sharp rise of $4.849 billion in the previous week, which had taken the reserves to $702.784 billion. The all-time high of $704.885 … Read more