Search Results for: forex reserves

Vedanta clinches India's first gold-mining lease

Gaining a gold-mining lease will help Vedanta improve its financials

Feb 27, 2016

India's foreign exchange reserves drop $1.46 billion

The reserves stood at $350.36 billion in the week ended Feb. 19, according to the country's central bank, the RBI.

Feb 27, 2016

Economic Survey 2015-16: FY2017 GDP growth rate to range between 7 and 7.75%

The Survey also said fiscal deficit target of 3.9 percent for 2015-16 "seems achievable".

Feb 26, 2016

ONGC $500 million San Cristobal investment deal imminent: PDVSA

The deal is expected to ensure state-owned ONGC gradually receives around $530 million of unpaid dividends.

Feb 24, 2016

Rupee tumbles to two-and-a-half-year low

The rupee touched a low of 68.62 versus dollar in the early trading session on Wednesday.

Feb 17, 2016

Libya 17 February Revolution: Country at a crossroads five years after toppling Muammar Gaddafi

Libya has descended into violence and anarchy following the toppling of 40-year-leader Gaddafi in 2011.

Feb 16, 2016

Wipro buys HealthPlan Services in all-cash deal worth $460 million

This is Wipro's third buyout in less than three months and the deal will be completed in the next 60-90 days.

Feb 12, 2016

UAE Crown Prince Sheikh Mohamed bin Zayed Al Nahyan

UAE's Adnoc to store crude oil in India's strategic facility: Report

Adnoc will stock 0.75 million tonnes of crude oil in the Mangalore facility, of which 0.5 million tonnes will be for India.

Feb 11, 2016

Dr Reddy's Labs Q3 net profit hit by forex loss, Venezuela operations

The Hyderabad-based pharma major warned that its operations in Venezuela could impact the March quarter earnings as well.

Feb 9, 2016

Myanmar speculates about new leader

Aung San Suu Kyi's party is said to be in talks with Myanmar's military to scrap a constitutional hurdle that is keeping her from becoming the next president.

Feb 8, 2016

Investors cheer Argentina's swift offer to holdouts

Argentina on Friday proposed a $6.5 billion payment to settle a legal battle.

Feb 7, 2016

India's foreign exchange reserves rise $1.58 billion to $349.15 billion

The increase was mainly due to an increase in foreign exchange assets.

Feb 5, 2016

Birla Corp acquires Rel Infra's cement business in Rs 4,800 crore deal

This deal would enhance Birla Corp's total cement manufacturing capacity to 15 mtpa from 10 mtpa currently.

Feb 5, 2016

India's foreign exchange reserves reverse 3-week fall, up $355 million

The reserves stood at $347.56 billion as on 22 January.

Jan 29, 2016

Air India to follow reserve bench concept of IT industry

Air India targets to take the number of employees on the reserve bench to 25% of its total headcount.

Jan 26, 2016

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