๐ India's forex reserves hit record high amid monsoon worries
India's economy showed mixed signals this week, boosted by record foreign exchange reserves reaching $729.3 billion. This growth occurred while industrial output moderated and monsoon rains remained uneven across the country. The government also reopened wheat exports following a massive 120.6 million tonne harvest. Meanwhile, US sanctions targeted four India-based companies over Iranian oil imports. Future focus will remain on managing agricultural risks and economic stability. ๐พ