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Forex kitty grows for 2nd consecutive week; rises $2.54 bn to $547.25 bn

In the second consecutive week of an increase in the kitty, India's forex reserves have grown by $2.54 billion to $547.25 billion for the week ended November 18, the RBI said on Friday.......

Forex kitty drops by $1.09 bn to $529.99 bn

India's foreign exchange reserves dropped by $1.087 billion to stand at $529.99 billion for the week ended November 4 on a sharp decline in gold reserves, the Reserve Bank said on Friday.......

Forex kitty swells by $6.56 bn to $531.08 bn

In the biggest weekly increase in over a year, India's forex reserves swelled by $6.56 billion to reach $531.08 billion for the week ended October 28, RBI data showed on Friday. Photograph:......

Forex reserves drop $3.85 billion to $524.52 billion

India's forex reserves dropped by $3.85 billion to $524.52  billion for the week ended October 21, the RBI said on Friday. Photograph: Mohamed Abd El Ghany/Reuters The overall reserves had......

India not defending INR, Rupee can take care of itself: CEA V Anantha Nageswaran

Chief Economic Advisor (CEA) V Anantha Nageswaran on Tuesday said India is not defending the rupee and the Reserve Bank of India is taking necessary steps to ensure that the movement of the rupee......

Main Fiat Chrysler unions dismiss Ronaldo strike call as stunt

IMAGE: Portugal's Cristiano Ronaldo reacts after defeat to Uruguay in the Round of 16 match at the World Cup. Photograph: Jorge Silva/Reuters Unions representing the majority of workers at Fiat......

Union to strike at Fiat Chrysler over Juve cash splurge on Ronaldo

IMAGE: Cristiano Ronaldo. Photograph: Sergio Perez/Reuters A small union has called a strike at Fiat Chrysler's Melfi plant in Italy to protest against the huge sums of money spent by Italy's......

Why Ferrari could lead others out of F1

'Making cars all the same with simpler and cheaper engines is like NASCAR, it doesn’t interest us.' IMAGE: Sebastian Vettel of Ferrari in action. Photograph: Dan Istitene/Getty Images......

F1: Ferrari president practical about team's chances this season

Marchionne writes off Ferrari's season of failure IMAGE: Ferrari F1 driver Sebastian Vettel. Photograph: Chris Wattie/Reuters Ferrari have failed to meet their Formula One targets this season and......

F1 Pitlane Tales: Ferrari starts new era without Montezemolo

Ferrari's Formula One chairman Luca Cordero di Montezemolo waves as he poses with the Ferrari Formula One race car. Photograph: Tony Gentile/Reuters Luca di Montezemolo's resignation as Ferrari......
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Coming to India and making

Success in manufacturing is not just about being cheap - cheap labour, cheap land, cheap power...
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