ECONOMIC UPDATE

 




  • Coronavirus Update: The pandemic have claimed more than 2.5 lakh lives so far in India, The country have is having more than 37 lakh active cases right now. 

  • FPI have withdrawn 5936 crore from Indian Stock Markets in the first week of May 2021 because of the fear of second wave of pandemic hitting the country 

  • The GST Collection for the Month of April 2021 was 1.41 Lakh crore, 14% higher than March 2021 revenue of 1.24 crore 

  • India’s exports in April 2021 were $30.21 Billion, i.e. 197% higher than the same time last year 

  • India’s Foreign Exchange reserves reached to $588.02 billion with an increment of $3.91 billion 

  • Gold reserves of India came down to $35.464 billion with a fall of $505 Million 

  • The SDR (Special Drawing Rights) rose to $1.508 billion with IMF  


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