3 exam-relevant updates · Organised for UPSC, SSC, Banking & Railway exams
RBI's FCNR deposit scheme offering 7.1% on dollar deposits driving NRI investments; $155bn remittances in 2025-26 plus estimated $50bn from scheme.
India's largest iron ore producer NMDC diversifying revenue streams through coal mining, global acquisitions, targeting non-iron ore contribution of 20-30% by 2030.
Merchandise exports grow 16.09% to $88.91bn (Apr-May 2026-27), signaling strong export momentum despite import surge.
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