India’s forex kitty at $634.59 billion, gold reserves rise by $824 million
India's foreign exchange reserves fell by $5.7 billion to $634.59 billion for the week ended January 3, data released by the Reserve Bank of India (RBI) on Friday showed.
India's foreign exchange reserves fell by $5.7 billion to $634.59 billion for the week ended January 3, data released by the Reserve Bank of India (RBI) on Friday showed.
This stellar performance by nation’s largest life insurer exceeds the insurance industry’s growth of 14.41 per cent and the private life insurers’ growth rate of 14.55 per cent, the data showed.
Union Minister of Commerce & Industry, Piyush Goyal has said that the Product Linked Incentives (PLIs) and subsidies are detrimental to long-term growth and development of the clean energy sector.
The Adani Group on Friday raised about Rs 4,850 crore after selling 13.5 per cent of its stake in Adani Wilmar.
These startups have created over 1.6 million jobs across the country, demonstrating their role as significant employment generators.
JK Tyres, IndusInd Bank, Kotak Bank and M&M Financial Services whereas Lupin, Heritage Foods, Emami and Ipca Lab were among the laggards on the 30-share index.
Maruti, Bharti Airtel, Reliance, Titan, Ultra Cement, HUL and Tata Steel whereas IndusInd Bank, Wipro, Infosys, Asian Paints, Mahindra, HDFC, NTPC, Kotak Bank, SBI were among the laggards on the 30-share index.
Over the past 24 hours, variations in gold prices have been seen in several major Indian cities.
According to the data of retail sales of released by Indian government's Vahan portal, in the previous month, over 285,400 two wheelers were sold by by Honda Motorcycle and Scooter, across the country as against over 251,939 two wheelers of Hero Motocorp.
Amid the current global economic slowdown, crypto exchange WazirX has reportedly laid off 40 per cent of its total workforce. A total of 50 to 70 employees of the 150 workers at the exchange were asked to go, CoinDesk reported, citing sources.
