The country's foreign exchange reserves declined by $5.01 billion to $588.31 billion in the week ended July 1, according to RBI data released on Friday. In the previous week ended June 24, the reserves had increased by $2.73 billion to $593.32 billion. During the reporting week ended July 1, the fall in the foreign exchange reserves was due to a dip in Foreign Currency Assets (FCA), a major component of the overall reserves, and also in the gold reserves.
'...he had to take his exams in Hindi at IIT-Kharagpur.' 'You wouldn't have got someone like Sundar Pichai because Hindi is not a friendly language for a person from Tamil Nadu.'
For all its claims to economic glory, the majority of India's population lives vulnerable lives, a situation that has only worsened over the past 15 years, to the extent that the government now fears to release economic data or even conduct a proper Census, notes Rathin Roy.
The Asian Development Bank (ADB) on Wednesday slashed India's GDP growth forecast for FY23 to 7 per cent from the earlier estimate of 7.2 per cent mainly on account of higher inflation and a tight monetary policy. India's economy grew 13.5 per cent year-on-year in the first quarter of 2022-23, reflecting strong growth in services, ADB said in its second supplement to Asian Development Outlook Report 2022 (ADO 2022). "However, GDP growth is revised down from ADO 2022's forecasts to 7 per cent for FY2022 (ending March 2023) and 7.2 per cent for FY2023 (ending March 2024) as price pressures are expected to adversely impact domestic consumption, and sluggish global demand and elevated oil prices will likely be a drag on net exports," ADB said.
India sprinter Dutee Chand has tested positive for prohibited anabolic steroids during an out-of-competition testing and has been provisionally suspended.
India and the US on Friday expressed concern over high inflation which is being driven by external factors and has become a challenge for both the nations. Speaking at the US-India Businesses and Investment Opportunities, Finance Minister Nirmala Sitharaman said in India the inflation challenges are prompted more by external factors. "So while the number today is in a manageable range, the challenges are largely due to the import of crude.
States have been told to prepare in advance to counter any impact of an adverse southwest monsoon.
Justice Purushaindra Kumar Kaurav said the DU's administrative authority did not offer Lokesh Chugh, a PhD scholar and national secretary of the Congress' students wing NSUI, an opportunity to be heard.
India's post-pandemic recovery appears to be shaping up like the letter K, widening the inequality among states. The last part of the series captures the rising rural distress, as seen through the prism of MGNREGS demand. The pandemic appears to have exacerbated rural distress in the poorest states.
Reminiscent of the past two years, the market has made positive strides ahead of the Union Budget 2023-24 (FY24). The benchmark National Stock Exchange Nifty has gained 1.8 per cent in the last month. Typically, markets tend to gain ahead of the Budget as investors build in optimism.
'Digesting protein is hard work for the metabolic system. The more natural the protein is, the easier it is to digest,' explains Dr Karthiyayani Mahadevan.
The Asian Development Bank has downgraded India's economic growth forecast for the current financial year to 10 per cent on Tuesday, from 11 per cent projected in April, on account of the adverse impact of the coronavirus pandemic. India's GDP growth recovered to 1.6 per cent in the last quarter of fiscal year ended March 2021, narrowing contraction in the whole fiscal year from 8 per cent estimated in April to a revised 7.3 per cent, the multilateral funding agency said in the Asian Development Outlook (ADO) Supplement. "Then a second wave of the pandemic induced many state governments to impose strict containment measures.
]The easiest activity like walking has a direct positive impact on your various blood markers like blood glucose levels, cholesterol, blood pressure, etc, explains Sanya Narang.
John and Tamilarasi had their newborn stolen eight years ago, and lost all hope of ever finding him. Now they have got him back, though not fully. Not yet.
The apex court, which quashed the criminal proceedings pending at a Chennai court against two people, said law is meant to exist as a shield to protect the innocent rather than being used as a sword to threaten them.
Every single one of the BRICS countries has an enormous infr deficit that simply can't be met by a single institution, says WB President.
Politicians and Twitter warriors around the globe have a new buzzword among them: Net zero. Everyone appears to be keen to state their commitment to net zero, with India providing an outlay of Rs 35,000 crore to achieve energy transition and net-zero objectives in its Budget for FY24, even as the latest and final report by the United Nations' Intergovernmental Panel on Climate Change (IPCC) warned that current efforts are not enough to curb global warming. A number of small factory owners and businesses, however, have pointed out that the transition to net-zero emissions will cost them hugely.
A bench of Justices DY Chandrachud and JB Pardiwala said the petitioners will be able to supplement the grounds of challenge in the pending petitions.
India's foreign exchange (forex) reserves declined by $2.68 billion to $593.28 billion for the week ended May 13, the Reserve Bank of India (RBI) data showed on Friday. This is the 10th weekly drop in the country's foreign exchange reserves. During the week ended on May 6, the forex reserves had dipped by $1.77 billion.
The country's foreign exchange reserves declined by $7.541 billion to $572.712 billion in the week ended July 15 as the Reserve Bank continued to intervene in the market to curb the fall of the rupee. In the previous week ended July 8, the reserves shrunk by $8.06 billion to $580.25 billion, the Reserve Bank of India (RBI) data showed on Friday. On Friday, the rupee fell by 5 paise to close at 79.90 against the US dollar.
'Employers are shifting from a focus on employee experience to employee life experience.'
As judges are not elected, they do not face public scrutiny but people watch them and make assessment about them from the way they deliver justice, Law Minister Kiren Rijiju said on Monday.
The prime minister recalled the innumerable every day adversities that his mother encountered and successfully overcame.
The two will now go head to head in a bid to seal qualification for the 2024 Olympics as only one lifter per country is allowed in a weight class.
While movie stars like Akshay Kumar, Amitabh Bachchan and Salman Khan are among the top I-T payers, very few of the wealthiest Indians figure on the list.
If Boland gets a chance to play the first Test in Nagpur, he would probably like to walk the talk as he said in episode No. 2 of 'Test'.
'India has a lot of potential, not just in commercial aspects, but also in hiring of people and sourcing of products.'
Don't be afraid to prioritise your sexual well-being and nurture a positive relationship with sex, suggests Maitri Trivedi.
Britain's men's 4x100m relay team have been told to hand back their Tokyo 2020 silver medals after Chijindu Ujah's doping violation, the British Olympic Association (BOA) said on Thursday.
While most of us remain confined to our homes to stay safe from the pandemic, Dr Raashi Mehta, consultant dermatologist, Masina Hospital, Mumbai, suggests foods you may include in your diet to boost Vitamin D levels.
Had he not taken his final curtain call on April 23, 1992, Satyajit Ray would still, undoubtedly, have been making movies.
The earlier resolution allowing these developers to charge higher power tariffs, now stands cancelled.
Believe it or not, the regulator is even stretching its arm to identify stressed borrowers and gauge the 'distance to default' as a measure of a particular bank's fragility, reveals Tamal Bandyopadhyay.
India's gymnastics ace Dipa Karmakar on Saturday said she accepted provisional suspension after returning positive for a banned drug to swiftly resolve her case with the international federation.
Responding to debate on the bill, Sports and Youth Affairs Minister Anurag Thakur said it will promote sports and protect the interest of sportspersons.
If you've had a cardiac arrest, you must seek opinion from a medical expert before you resume any form of physical training, advises Dr Aashish Contractor.
The richest one per cent in India now own more than 40 per cent of the country's total wealth, while the bottom half of the population together share just 3 per cent of wealth, a new study showed on Monday.
'As a cricketer, in the last few years, we lost out on a few games which we could have potentially played. Yes, if we could sneak in a few matches, it would be great.'
Sukesh in a press statement issued through his lawyers Anant Malik and A K Singh stated that Nora Fatehi always brainwashed him against Jacqueline, so she wanted him to leave Jacqueline and start dating her.
Dominic Xavier wants Prime Minister Modi to know that India needs Oxygen NOW! and can't wait for hospitals to be set up.
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