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This $500-bn cushion is Indian economy's only saving grace

The level of reserves is enough to cover 13 months of imports and is equivalent to a fifth of the country’s GDP.


03 July, 2020, 09:26 PM IST



Indian economy ready for bounce back: PM Modi

At an event to mark the launch of auction of 41 coal blocks for commercial mining purposes, Modi said that the government targets to gasify 100 million tonnes coal by 2030 through four projects entitling an investment of Rs 20,000 crore.

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