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Forex reserves decline for second month

The New Indian Express Hubballi

|

December 21, 2024

THE foreign exchange reserves continued the downward trajectory for the second month. Forex reserves lost nearly $2 billion to an six-month low of $652.87 billion in the reporting week ending December 13 as the Reserve Bank continued to sell dollars to defend the rupee, which was on a losing streak since October and had hit then lowest of closing below 84.75.

- ENS ECONOMIC BUREAU @ Mumbai

According to the weekly statistical supplement released by the central bank Friday, the forex reserves dropped by $1.988 billion to $652.869 billion for the week to December 13.

FLERE HISTORIER FRA The New Indian Express Hubballi

The New Indian Express Hubballi

The New Indian Express Hubballi

Dasara a heartbeat, gives message of harmony: Banu

MYSURU Dasara is not just a festival, but the very heartbeat of the land.

time to read

1 min

September 23, 2025

The New Indian Express Hubballi

EAM, Rubio hold wide-ranging discussion

EXTERNAL Affairs Minister S Jaishankar and US Secretary of State Marco Rubio on Monday held their first in-person meeting ever since Washington imposed steep tariffs on key Indian exports over New Delhi's continued purchases of Russian oil.

time to read

1 min

September 23, 2025

The New Indian Express Hubballi

The New Indian Express Hubballi

GST 2.0 kicks in, sees festive buying rush

Car showrooms, retail outlets, online platforms witness record sales on Day 1

time to read

1 mins

September 23, 2025

The New Indian Express Hubballi

Survey faces tech snags, gets off to slow start

HICCUPS GALORE

time to read

1 mins

September 23, 2025

The New Indian Express Hubballi

Passenger tries to open cockpit door on AI flight

A passenger on an Air India Express flight (IX-1086) from Bengaluru to Varanasi on Monday attempted to enter the aircraft’s cockpit, claiming that he tried to open it by mistake as he is a first-time flyer and was looking for the toilet, sources said.

time to read

1 min

September 23, 2025

The New Indian Express Hubballi

Vokkaliga seers want caste survey deferred

EVEN as Chief Minister Siddaramaiah stuck to his guns of conducting the Socioeconomic and Educational Survey, known as caste survey, from Monday, the Vokkaliga community leadership, including Adichunchanagiri Mutt head Sri Nirmalanandanatha Swamiji and Union Minister HD Kumaraswamy, here on Saturday issued a warning to the government, saying the survey is being carried out hastily for only fifteen days without addressing grievances of the community.

time to read

1 min

September 21, 2025

The New Indian Express Hubballi

Sports can no longer be a tool of diplomacy?

OVER the last few months, there has been a growing clamour for the Indian cricket team to refuse to play Pakistan and it grew before their first match in Asia Cup group stage.

time to read

1 min

September 21, 2025

The New Indian Express Hubballi

State forms SIT to probe Aland ‘voter deletions’

THE state government on Saturday formed a Special Investigation Team (SIT) to probe the alleged attempt to delete 6,018 names from the voters’ list in the Aland constituency of Kalaburagi district, ahead of the 2023 Assembly elections.

time to read

1 min

September 21, 2025

The New Indian Express Hubballi

2.8L Indian jobs on the line as Trump slaps $1L H-1B fee

THE Trump administration on Saturday imposed a fee of $1,00,000 per year on each H-1B visa holder, dealing a body blow to the 2,83,397 (71%) skilled technology workers from India, as per 2024 data. At 71%, India was the largest beneficiary of H-1B last year, while China was a distant second at 12%.

time to read

2 mins

September 21, 2025

The New Indian Express Hubballi

The New Indian Express Hubballi

I don't want you!

Stunned techies scramble to US, scrap fly out plan

time to read

1 min

September 21, 2025

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