Forex reserves drop to eight-month low
Financial Express Kolkata|January 04, 2025
The reserves fell by $4.1 bn in the week ended Dec 27, after falling by a cumulative $13.7 bn in the prior three weeks
REUTERS

INDIA'S FOREIGN EXCHANGE reserves fell for the fourth consecutive week and stood at an eight-month low of $640.28 billion, as of December 27, data from the Reserve Bank of India showed on Friday.

The reserves declined by $4.1 billion in the reported week, after falling by a cumulative $13.7 billion in the prior three weeks.

Esta historia es de la edición January 04, 2025 de Financial Express Kolkata.

Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.

Esta historia es de la edición January 04, 2025 de Financial Express Kolkata.

Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.

MÁS HISTORIAS DE FINANCIAL EXPRESS KOLKATAVer todo
Financial Express Kolkata

Inflection point

GenAI has unlocked a new dimension of efficiency & innovation

time-read
2 minutos  |
January 22, 2025
Financial Express Kolkata

India to enter new era in 2028, says Andhra CM Naidu

SIGNALS WILLINGNESS TO WORK WITH THE US, MORE BALANCED RELATIONSHIP WITH CHINA

time-read
2 minutos  |
January 22, 2025
Financial Express Kolkata

Anatomy of economic slowdown

WHEN GROWTH IS DECOMPOSED, BOTH MOMENTUM DECLINE AS WELL AS BASE EFFECTS PLAY A ROLE

time-read
3 minutos  |
January 22, 2025
Financial Express Kolkata

66 Dead, 51 Hurt in Turkey Ski Resort Fire

A fire at a ski resort hotel in Turkey's Bolu mountains killed 66 people and injured 51 others on Tuesday, forcing panicked guests to jump out of windows in the middle of the night.

time-read
1 min  |
January 22, 2025
Financial Express Kolkata

Brokerages positive on Paytm; shares fall

MAJOR BROKERAGES REMAIN positive on Paytm as the fintech managed to narrow its third quarter net loss, with the company continuing to witness an improvement in business metrics.

time-read
1 min  |
January 22, 2025
Financial Express Kolkata

South Indian Bank posts ₹342-cr profit

SOUTH INDIAN BANK has posted a 12% year-on-year growth in net profit for the third quarter at ₹341.87 crore.

time-read
1 min  |
January 22, 2025
Financial Express Kolkata

PLI release for 6 sectors at ₹1,596 cr in H1FY25

THE GOVERNMENT HAS disbursed ₹1,596 crore under the production-linked incentive (PLI) scheme for six sectors, including electronics and pharmaceuticals, in the first half of this financial year, a senior official said on Tuesday.

time-read
1 min  |
January 22, 2025
Financial Express Kolkata

Banks run Trump 'war rooms' as bosses prepare for trade ructions

JPMORGAN CHASE & Co bankers worked through the night in a \"war room\" to assess the impact of US President Donald Trump's inauguration-day executive orders, while global markets braced for volatility following his return to the White House.

time-read
1 min  |
January 22, 2025
Financial Express Kolkata

Tenuous Gaza ceasefire

A permanent cessation of hostilities to facilitate reconstruction, however, is an open question

time-read
2 minutos  |
January 22, 2025
Financial Express Kolkata

Empowering privacy, enforcing security

The Centre set up an expert committee under the chairmanship of Justice BN Srikrishna to prepare a white paper on data protection framework for India.

time-read
2 minutos  |
January 22, 2025