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In 1991 Indian remittances were valued at US$2.1 billion; [5] [12] in 2006, they were estimated at between $22 billion [13] and $25.7 billion. [ 4 ] which grew to $67.6 billion in 2012–13, up from $66.1 billion the fiscal year, 2011–2012, [ 6 ] when the remittance exceed the foreign direct investment (FDI) inflow of $46.84 billion into India.
In 1980, India had foreign exchange reserves of over US$7 billion, more than double the level (U$2.55 billion) of what China had at that time. [8] In 1990, forex reserves covered just 4.8 weeks of imports [14] Foreign exchange reserves of India reached milestone of $100 billion mark only in 2004.
Colour key and notes Indicates that a given currency is pegged to another currency (details) Italics indicates a state or territory with a low level of international recognition State or territory Currency Symbol [D] or Abbrev. ISO code Fractional unit Number to basic Abkhazia Abkhazian apsar [E] аҧ (none) (none) (none) Russian ruble ₽ RUB Kopeck 100 Afghanistan Afghan afghani ؋ AFN ...
[63] [64] It launched its IPO in November 2021, raising ₹ 18,300 crore (US$2.1 billion) at a valuation of US$ 20 billion. [65] It was the largest ever IPO in India. [ 66 ] The shares began trading on 18 November 2021, opening at ₹ 1,950 on the NSE , 9.3% below the upper band of the IPO price range, and closed down more than 27% at ₹ 1,560 ...
In the coming thirty years more than a thousand of the current billionaires will transfer more than $5.2 trillion to their heirs, writes Oxfam. ... the total net worth of the 100 wealthiest ...
According to Sebi guidelines, the minimum bid amount in an IDR issue is Rs 20,000 per applicant. Like in any public issue in India, resident Indian retail (individual) investors can apply up to an amount of INR 2,00,000 and non-institutional investors (also called high-net-worth individuals) can apply above INR 1,00,000 but up to applicable limits.
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