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On a month-on-month basis, exports expanded by 7.4% in November, while imports retreated 1.4%, helping narrow the trade deficit, Barclays Bank said in a note.
The big jump in India's foreign exchange reserves in the last week of October was likely fuelled by the softer dollar and changes in the central bank's forward book, economists said today.
The rupee had recently fallen below the 83-mark following rising bond yields and a strong US dollar overseas
Indian rice farmer Ibrahim Shaikh says he looked up at the sky daily and prayed for unseasonal rains to stop. His prayers unanswered, he says he started harvesting the wet crop earlier this week.
Kadadhe, India: Indian rice farmer Ibrahim Shaikh says he looked up at the sky daily and prayed for unseasonal rains to stop. His prayers unanswered,...