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ArticleFx reserves slip again in ~ defence

India’s for­eign exchange (forex) reserves fell to $726 bil­lion in the week ended Octo­ber 9, mark­ing the fifth con­sec­ut­ive weekly decline, as the Reserve Bank of India (RBI) con­tin­ued to inter­vene in the cur­rency mar­ket to curb volat­il­ity.

ArticleYES Bank AT-1 bond rein­state­ment may hit cap­ital ratio by 250 bps

ArticleWel­come com­pet­i­tion, includ­ing Starlink: RIL

Reli­ance Indus­tries Ltd (RIL) on Fri­day broke its silence on Elon Musk’s pub­lic cri­ti­cism of India’s satel­lite com­mu­nic­a­tions land­scape, say­ing it sees a com­pet­it­ive mar­ket as the true test of who serves cus­tom­ers best, and wel­comes...

ArticleCentre restricts diver­sion of sugar for eth­anol, frees up sup­plies

The Centre has allowed sugar mills to sell Octo­ber’s pro­duc­tion in the cur­rent and the next month over and above their reg­u­lar monthly quotas to ensure adequate fest­ival-sea­son sup­plies, PTI repor­ted. Sep­ar­ately, a Reu­ters report cit­ing a...