In the previous reporting week, the reserves had increased by USD 1.51 billion to USD 279.24 billion.
The International Monetary Fund has agreed to provide approximately one billion euros to the 10 billion euro rescue plan for cash-strapped Cyprus, managing director Christine Lagarde said today
Planning panel Deputy Chairman Montek Singh Ahluwalia today said there is a possibility of Indian rupee entering the group of elite currencies like the US dollar and British pound, which constitute IMF's Special Drawing Rights, in the next 10 to 15 years.
The families of victims of the Air India Express crash in Mangalore last year are entitled to a minimum compensation of Rs 75 lakh each, the Kerala High Court held today.
India's foreign exchange reserves rose by USD 2.69 billion to USD 312.90 billion on the back of healthy jump in foreign currency assets (FCAs) in the week ended June 3.
The International Monetary Fund's future leadership should reflect the growing clout of emerging economies, China's central bank governor said on Thursday, joining other developing nations in pressing for greater influence on the world stage.
India's foreign exchange reserves surged by USD 1.67 billion to USD 303.51 billion, helped by a healthy increase in foreign currency assets (FCAs) in the week ended March 17.