special drawing rights

India's foreign exchange reserves dropped by $7.511 billion to $681.384 billion in the week ending May 22, marking a second consecutive weekly decline. This decrease follows a significant fall in the previous week, with the reserves now under pressure due to the Middle East conflict and RBI's currency market interventions.

Gold prices dropped to over a month's low as rising oil prices and Middle East tensions fueled investor anxiety, pushing them away from the safe-haven asset. Higher energy costs are also raising inflation concerns, increasing the likelihood of prolonged elevated interest rates from the US Federal Reserve.

India's foreign exchange reserves experienced a significant drop of $7.794 billion, reaching $690.693 billion in the week ending May 1. This decline, primarily driven by a fall in foreign currency assets and gold reserves, follows a previous decrease. The central bank's intervention in the forex market to support the rupee is a key factor behind this trend.

India's foreign exchange reserves surged by $2.362 billion to $703.308 billion in the week ending April 17, following a previous gain of $3.825 billion. This increase, driven by rising foreign currency assets and gold reserves, marks a rebound after a decline caused by Middle East geopolitical tensions.

India's foreign exchange reserves surged by $3.825 billion to $700.946 billion in the week ending April 10, following a significant increase in the prior week. This rise was primarily driven by an increase in foreign currency assets and gold reserves, contributing to the overall growth.

From cheaper autonomy to costlier capital, a post-dollar world could test India’s economic model

The country's foreign exchange reserves fell for the second consecutive week, going down by $1.23 billion to $311.48 billion, for the week ended September 30, the Reserve Bank said today.

Will the Kerala High Court judgment on Wednesday on payment of one lakh SDR (special drawing rights) compensation for the kin of air crash victims open the floodgates for demand for increased compensation from families who have already received full and final compensation from Air India, especially from those who have received less than one lakh SDR as full and final settlement?

The oil spill from MV Rak Carrier, which sank off the city's coast last Thursday, underlines the need to fix liability for marine pollution caused by vessels.

How much would the kin of the victims of the Mangalore Air crash get if the compensation amount was doled out today according to Kerala High Court verdict, which is one lakh special drawing rights (SDRs)?

Will approaching courts outside India fetch better compensation package for families of victims of IX 812 than what is being doled out by the counsels for Air India?

Ten months after the horrific Air India Express IX-812 crash which resulted in the death of 158 passengers, the legal counsel for Air India - Mulla & Mulla - Mumbai, has settled claims of 30% of the families affected by the accident.

The rupee breached the 65 level to close at a two-year low of 65.11 against the dollar, 30 paise lower than its previous close of 64.81 following China’s third successive devaluation of the yuan.

India's foreign exchange reserves went up by $243 million to $299.415 billion in the week ended February 4, driven by an increase in its foreign currency assets.

The Narendra Modi government has enhanced the compensation that airlines must pay passengers in case of lost baggage or suffering an injury while travelling with them.

India's foreign exchange reserves rose by USD 17.8 million to USD 289.17 billion for the week ended August 10, the Reserve Bank said today.

India's foreign exchange reserves saw a dip of $1.877 billion, reaching $686.227 billion by November 28. This follows a larger decline in the prior week. While foreign currency assets decreased significantly, gold reserves experienced a notable increase of $1.613 billion. special drawing rights and India's IMF position also saw modest gains.

India's forex reserves increased by $1.994 billion to $419.992 billion for the week ended May 24 on swelling up of the core currency assets, the Reserve Bank said on Friday. The overall reserves had declined by $2.05 billion to $417.99 billion in the previous reporting week. The reserves had touched an all-time high of $426 billion in April 2018.

India's foreign exchange reserves fell by $1.168 billion to $291.07 billion in the week ended January 31 on the back of decline in the core component of the reserves, Reserve Bank said on Friday.