India's forex reserves at historic high of $675 billion: RBI chief

India's Forex Reserves Soar to Historic $675 Billion

India's foreign exchange reserves have reached a record high of $675 billion, showcasing the country's external sector resilience. Key indicators like current account deficit, services exports, and remittances have improved. Despite global economic challenges, India's economy remains strong Aug 8, 2024
India, US working to 'shape the future', write Blinken, Austin

US and India Unite to Counter China's Influence in Semiconductors and Bolster Supply Chain Resilience

The US-India strategic partnership is crucial in shaping the future of sectors like AI, semiconductors, and clean energy. The partnership has evolved with a focus on joint investments in future-shaping sectors and initiatives like the Quad and iCET. The collaboration serves as a counterbalance to China's influence in the semiconductor market and bolsters supply chain resilience. The alliance underscores the commitment of both nations to maintaining regional stability and security, indicating the evolving nature of 21st-century international relations. Aug 7, 2024