Top Headlines: FinMin won't exhaust forex for rupee; govt extends PMGKAY

Amid fast-depleting forex reserves, the Finance Ministry signalled that it was not in favour of selling the dollar to defend any particular level of the rupee. The central government on Wednesday extended its free foodgrain scheme for the poor by another three months, till December, ahead of major festivals and elections in Gujarat and Himachal Pradesh. Read more on these in our top headlines.

Finance Ministry not in favour of exhausting forex reserves to defend rupee

Amid fast-depleting forex reserves, the Finance Ministry on Wednesday signalled that it was not in favour of selling the dollar to defend any particular