India's Forex Reserves Rise Amid Gold Surge

India's money saved in foreign currencies, called forex reserves, went up by $3.293 billion to $696.610 billion.

This happened because the price of gold went up a lot, and India has a lot of gold in its reserves.

The central bank, called the RBI, also did some special deals to help increase these reserves.

Having more forex reserves is good for the country because it helps keep the value of the rupee stable.

Some people think this is because investors and central banks are buying gold to stay safe from risks like wars and unstable markets.

Others think it's a sign that people are worried about the economy, even if things seem to be growing.

The RBI is trying to manage this carefully to keep the economy stable.