FCA and FRA approvals to be made available soon in Himachal : CM
The government has appointed a separate conservator to deal with FRA cases.
The government has appointed a separate conservator to deal with FRA cases.
Surging reserves can be a double-edged sword as there is a cost to holding them. High reserves will obviously lead to appreciation of the currency and rise in inflation, because capital inflows that result in high reserves are used to buy domestic currency, thereby expanding the domestic monetary base without a corresponding increase in production, and this causes a rise in inflation.
Chief Minister Jai Ram Thakur directed for timely completion of developmental schemes to avoid over-run cost and time, while presiding…
India’s foreign exchange (Forex) reserves rose by $4.44 billion as on December 29, 2017, official data showed on Friday. The…