Top headlines: Indian forex reserves, Kharif rice production, and more

Foreign exchange reserves declining to government making first disbursement under PLI scheme, here are the top headlines of the day

India's forex reserves fall $8 billion in a week as RBI defends rupee

The Reserve Bank of India’s (RBI’s) headline foreign exchange reserves declined by $7.9 billion to $553.11 billion in the week ended September 2, the latest central bank data showed.

The reserves are at their lowest since October 9, 2020, the RBI data showed. Read more here

Kharif rice production might slip by 10 mn tonnes due to drought: Food Secretary

India’s rice production this kharif season could reduce by 10-12 million tonnes due to a drought in four states and a shift towards other