India’s foreign exchange reserves for the week that ended on June 10, 2022, declined by $4.59 billion to $596.46 billion, Reserve Bank of India (RBI) data showed on Friday, June 17. The previous week that ended on June 3, 2022, the total foreign exchange reserves were at $601.05 billion. The latest decline in the reserves was on account of a sizable fall in Foreign Currency Assets (FCA), which is a major component of the overall reserves. The FCA declined by $4.53 billion to $532.24 billion during the week, the RBI data showed. Gold reserves dipped marginally during the week, while the Special Drawing Rights (SDRs) with the International Monetary Fund (IMF) dropped by $23 million to $18.38 billion. Further, the country’s reserve position with the IMF decreased by $40 million to $4.99 billion.
United States
Indian American organization endorses Rishi Sunak
WASHINGTON, D.C. (TIP): A US-based Indian organization that caters to the interests of the Hindu-American community endorsed Rishi Sunak to become Britain’s first Indian-origin PM. The Republican Hindu Coalition (RHC), an organization in the US […]
Indian Americans
Indian American Democrats lose in Michigan primaries
MICHIGAN(TIP): Indian American Democrats Shri Thanedar and Suneel Gupta lose in Michigan primaries on August 7. Entrepreneur and scientist Shri Thanedar finished third for Michigan governor, which was won by former legislative leader Gretchen Whitmer. […]
Astrology
Weekly Horoscope (November 9 – November 15, 2020)
Shree Ganeshaya Namah Contact at +918141234275 for all kinds of astrological queries Aries: Ganesha says let me start with a quote that is relevant in this context. ‘We cannot solve all our problems with the […]
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