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India’s Forex Reserves Surge Past $700 Billion Amid Global Tensions

** In a significant milestone, India’s foreign exchange reserves have surpassed $700 billion, reaching $703.4 billion, amidst escalating global economic tensions. The Reserve Bank of India (RBI) has been proactive in managing the country’s foreign exchange reserves, contributing to the surge in values. India’s strengthening economy and robust foreign exchange management policies have paved the way for this achievement, boosting market confidence and attracting foreign capital.

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Delhi Draft EV Policy Unveils 100% Road Tax Waiver for Electric Cars Priced Up to Rs 3 Million

** The Delhi government has introduced a draft EV policy that offers a 100% road tax waiver for electric cars priced up to Rs 3 million, aiming to promote the adoption of electric vehicles in the city. The policy also includes incentives for households and commercial establishments to install charging infrastructure, expected to facilitate the growth of the clean transport market.

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US Embarks on Expanded Cooperation with India in Nuclear Energy and Energy Exports

** The United States has signaled its readiness to collaborate with India on civil nuclear energy and liquefied petroleum gas (LPG) exports. This expansion of their partnership reflects a shared commitment to promoting peaceful nuclear energy, regional security, and stability. As the two nations deepen their ties, the implications for regional and international relations are significant, and their cooperation holds great potential for driving positive change.

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