Gold reserves increased $1.54 billion to $32.68 billion in the reporting week.
Gold reserve also declined by $340 million to $30.55 billion.
About Rs 1,282 crore has been levied as tax in 159 cases pertaining to concealment of tax due to the government
Fiat Chrysler will be shipping its first India made product - the Compass SUV - to right hand drive markets like UK, Japan, Australia and South Africa in the next few months.
Gold reserves were up by $1.525 billion in the reporting week to $37.625 billion.
The reserves rose to $501.70 billion helped by a whopping rise in foreign currency assets, the latest data from the Reserve Bank of India.
The RBI is still a small player in international gold buying among central banks. But in terms of total gold bought in 2019, it is the sixth largest buyer with 25.2 tonnes purchases in the first 10 months of 2019.
Automaker Citroen on Wednesday said it has commenced home deliveries of C5 Aircross SUV, its first model in the Indian market. The company, which is a part of Stellantis group formed by the merger of two global auto majors FCA and Groupe PSA, is taking online bookings for the model and then directly delivering the SUV to customers from its Tiruvallur-based (near Chennai) manufacturing plant. It is the first of its kind sales initiative in the country. Citroen currently has showrooms across ten cities in the country, including Bengaluru, Ahmedabad, Chennai, Mumbai, Pune, Hyderabad, Kolkata, Delhi, Kochi, and Gurugram. For customers outside these cities, it has launched a 100 per cent direct online buying for its flagship model.
The 5-seater Compass is set to take on Hyundai Creta, Mahindra XUV500, Renault Duster, Toyota Innova and Tata Hexa.
The country's foreign exchange reserves rose by $1.434 billion in the week ended August 9, after dropping by $2.99 billion previous week, the Reserve Bank of India said.
Wants details of Vijay Mallya transactions over 4 years
Ferrari could lead other Formula One teams into an alternative championship if the sport becomes too much like the US-based NASCAR series.
Royal Bank of Scotland and JP Morgan were also fined over attempts to rig currency benchmarks in a year-long probe that has put the largely unregulated $5 trillion-a-day market on a tighter leash, with dozens of dealers suspended or fired.
In an online chat with readers, Dr Jinesh Shah, CA, FCA, Phd, Mphil, Mcom, BCom and Jeetendra Nair, CEO and MD of Edulight Learning Services addressed queries on how to pursue a career in CA, CS and ICWA among others.
Left to themselves to find the resources to participate in next month's Asian Junior and Cadet Championships in Thailand, the Indian fencers finally managed to raise funds and will now take part in the event under Fencing Confederation of Asia (FCA) banner.
With a desirable package of styling, features and strong performance, the Jeep Compass is already a success in the Indian market, says Indian automobile website MotorBeam.com.
Despite the romance around the car and its early models, Fiat in India will also be remembered as a brand that frittered away the first mover advantage, says Shally Seth Mohile.
India features in the list of top 10 exporters to the UAE in November, 2010, with a total value of $6.9 billion (25.4 billion dirhams), or 63 per cent of UAE imports, the country's Federal Customs Authority (FCA) has said.
The country's foreign exchange reserves fell by $528 million for the week ended February 19 to $278.672 billion compared to $279.2 billion in the previous week. Foreign Currency Assets (FCA), during the week, declined to $254.203 billion from $254.7 billion a week ago, the RBI said in its weekly report.
India's foreign exchange reserves rose by $4.405 billion for the week ended August 28, to $276.362 billion as compared to $271.957 billion in the previous week.The foreign currency assets (FCA), during the week, declined to $260.523-billion from $260.938 billion in the week-ago period, RBI said in its weekly report on Friday.
The country's gold reserves remained unchanged at $19.377 billion.
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Currently, the Shannon Development Centre employs over 200 professionals, delivering IT and business process services' offerings to marquee retail banking and insurance customers across Ireland and the UK.
India's foreign exchange reserves declined by a huge $2.23 billion to $275.49 billion on a sharp dip in the foreign currency assets, the Reserve Bank said on Friday.
Is the allocation of Indian foreign currency asset management to the RBI conducive to a satisfactory rate of return?
Jeep India's portfolio includes three models
The compact segment where Sonet will be launched is crowded with the Maruti Vitara and Brezza, which top the sales' list, and a bevy of models from Mahindra & Mahindra apart from Hyundai's offering. But volumes in this are slightly higher than those in the mid-segment, making it attractive, says Surajeet Das Gupta.
The foreign exchange reserves during the week ending February 14 rose by $616 million mainly due to foreign investments and export remittances at $75,283 million, according to Reserve Bank of India
Marchionne writes off Ferrari's season of failure
'More than one brand in a showroom is too risky because customer loyalty in this market is low. Most people don't drive different cars made by the same manufacturer for a lifetime, they experiment.'
These include Goldman Sachs, HSBC, UBS, Deutsche Bank, Barclays, RBS, Citigroup and JP Morgan and they have said in their respective regulatory filings that they are cooperating with the relevant authorities in the investigations.
Luca di Montezemolo's resignation as Ferrari chairman on Wednesday severs an historic link with the company's late founder Enzo and marks the end of an era for Formula One's most successful and glamorous team.
The fall in reserves was due to a sharp fall in foreign currency assets.
Sarao was described as a fun guy, outgoing and talkative by other members of the tight knit South Asian community.
Auto manufacturers are busy filling up their portfolio with cars catering to each and every possible segment
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