Sinha's Budget 2002 also saw the maximum rollbacks; he went back on some five Budget proposals
The country's reserve position with the IMF also increased by $40 million to $4.676 billion
Gold reserves were up by USD 486 million in the reporting week to $36.486 billion, the RBI data showed.
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The auto major also plans to locally manufacture hybrid systems in the country
The central bank cut the repo rate by 40 bps to 4% and the reverse repo rate was brought down to 3.35%
RBI extends the moratorium on loan repayments by three more months
Major forex earning sectors cite lack of labour, funds and key supplies
The last time forex reserves declined was in the week to September 20, 2019, when it had fallen by USD 388 million to USD 428.58 billion
Forex traders said the rupee which started the day on a positive note witnessed heavy volatility during the session as uncertainty over the economic impact of coronavirus spooked investors.
Expressed in dollar terms, the foreign currency assets include the effect of appreciation or depreciation of non-US units like the euro, pound and yen held in the foreign exchange reserves.
In the sixth bi-monthly monetary policy of 2019-20 announced on Thursday, RBI had said foreign exchange reserves touched a lifetime high of USD 471.4 billion on February 4, 2020.
In the previous week, the reserves had increased by USD 58 million to USD 461.21 billion
'I have a 26 per cent stake in the parent company, Ebix Inc. The new agreement says I will get to keep this irrespective of whether I stay on, get fired, or leave,' says Robin Raina
Has only 1,100 customers and a volume of less than $1 million a day; RBI wants banks to implement the service by March
The cause for concern for the RBI in this regard is that it has no control over the NDF market, whereas, the onshore market is under direct supervision of the regulator
The case pertains to violation of foreign exchange norms in transactions involving Mumbai-based Capstone Forex Private Limited
During the reporting week, gold reserves increased by USD 164 million to USD 27.132 billion
During the reporting week, gold reserves increased by $ 430 million to $ 27.078 billion
P C Mahalanobis was the econometrician-economist who guided Jawaharlal Nehru's economic thinking