This paper attempts to identify the key determinants of foreign exchange reserves in India using Johansen (1995) Maximum-Likelihood Vector Error Correction Model (VECM) on monthly as well as annual data for reserves, imports and nominal exchange rate. The empirical results confirm that there...

India-Africa trade has gathered pace over the past few years characterized by a remarkable rise in Africa’s exports to India. Interestingly, India’s exports and imports of products belonging to minority sectors (low share in total exports) exhibit dramatic growth in the recent years than the...