What the reserves offer for now is improved import coverage of about 13 months, almost double the 2013 level of less than seven months. And, ammunition to arrest a rapid rupee slide, says Anup Roy.
The three Independent MLAs who have announced their support to the BJP are Geeta Jain, Rajendra Raut and Ravi Rana.
'When the rupee was at 65 a dollar, we wanted to go to Thailand for a holiday.' 'Now at 72, we may find Goa much more attractive.' 'That's how correction happens.' 'If you don't let that correction happen, then it's a pressure cooker that bursts one day.'
A couple of days of rainfall and the Bengaluru residents are struggling to stay afloat.
In a shot in the arm for the Bharatiya Janata Party, two senior leaders of the Asom Gana Parishad on Monday joined the party and the Gorkha Janmukti Morcha pledged support to BJP candidates in West Bengal, including the Darjeeling Lok Sabha seat.
Eleven days, 18 hours and 45 minutes after setting out from California, Srinivas Gokulnath created history by becoming the first Indian to complete what is considered to be the toughest cycle race in the world -- the 4,900-km Race Across America (RAAM) in the solo category.
Given the depleting mass base of the regional Asom Gana Parishad led by former chief minister Prafulla Kumar Mahanta, a section of senior leaders of the party are waiting in the wings to join the Bharatiya Janata Party, which is gaining ground in Assam.
SP has gained a majority in the 100-member Uttar Pradesh legislative council. The party had earlier faced difficulty pushing through its legislative in the upper house due to lack of numbers.
So long as there are concerns about world trade, growth and oil prices, the domestic market will remain volatile.
Over two lakh people in Vadodara are facing a flood-like situation as the Vishwamitri River has swelled following incessant rains in catchment areas and inundated residential colonies in its vicinity.
A gradual weakening of the rupee, however, may add to inflationary pressures.
Can we find fault with RBI for not intervening enough in the market? Actually no, say some experts. A correction in rupee was long overdue.
Recent tribunal rulings open prospects of large haircuts and barriers to auctioning of personal guarantees, among other issues
These investors have pumped in about Rs 6,900 crore (Rs 69 billion) in the seven trading sessions after the Federal Open Market Commission meet.
Many factors leading to the 2008 financial crisis still exist.
Renting start-ups make a killing as millennials fuel sharing economy.
The value of the index, adjusted from its all-time high for the relative loss in the rupee's value, is close to sub-10,000 levels.
Not even in his wildest dreams did cinematographer-turned-director Mahesh Limaye imagine that his first Marathi feature film Yellow would create such a devastating impact.
Price arbitrage for popular products is low but some of these platforms are worth a look for decent deals.
High return rates in the e-commerce space are making a dent in the margins of e-retailers.
'There was an overt campaign and there was a covert campaign. The overt campaign may be development, government, and all this nonsense. But the covert campaign, which Mr Amit Shah was doing, was far more important with the help of RSS cadres. This has been an RSS election. From day one I have been saying, this is not Congress versus the BJP, this is Congress versus the RSS,' says Jairam Ramesh, one of the key strategists of the Congress party.
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