India’s foreign exchange reserves fell for the fourth consecutive week after reaching an all-time high last month. In the week ending October 25, the forex reserves declined by $3.46 billion to $684.80 billion, according to data released by the Reserve Bank of India (RBI) on Friday. In the three preceding weeks, reserves dropped by $3.7 billion, $10.7 billion, and $2.16 billion, respectively, the data showed.
Posts tagged All News
Manipur court nullifies expulsion of spokesperson Chongtham Bijoy Singh from party (01-11-2024)
A court in Imphal West-I invalidated the expulsion of Ch Bijoy from the BJP. Bijoy was expelled in February 2022 without prior notice. The court found this action violated natural justice and the party’s own rules. The BJP’s failure to issue a show cause notice was cited. This ruling reaffirms the importance of due process in political organizations.
Avenue Supermart: a compounding machine? (01-11-2024)
Wondering, if we can compare different models of business.
Qcom operates on franchise model which is asset light. D Mart is majorly having its own land /stores. The former will thrive on building it’s faithful network ready to pay delivery charges vs the latter who is having a mix of products ( branded FMCG vs their in house brands ). Q com need to develop efficiency in staples ( major contributor in the kitchen) still , which is a Dmart forte.
Geographical footprints for both differ significantly and the consumer for both differs too in the profile , further. Customer care in Blinkit has a long runway when it comes to winning the trust of the customer while in D Mart , you have easy access to the customer care.
In my opinion, both will co exist
Muhurat trading sees indices log modest gains (01-11-2024)
Marking positive start to new year for seventh straight year
Govt revises wastage, input-output norms for jewellery exports (01-11-2024)
The government revises norms for permissible wastage in the export of gold, silver, and platinum jewellery, effective January 1. Wastage limits have been slightly reduced: 2.25% for handmade gold and platinum jewellery, 3% for silver, and specified reductions for machine-made and studded items. This ensures stricter control over duty-free metals.
Govt revises wastage, input-output norms for jewellery exports (01-11-2024)
The government revises norms for permissible wastage in the export of gold, silver, and platinum jewellery, effective January 1. Wastage limits have been slightly reduced: 2.25% for handmade gold and platinum jewellery, 3% for silver, and specified reductions for machine-made and studded items. This ensures stricter control over duty-free metals.
Not surprised Election Commission gave itself clean chit: Congress slams poll panel on Haryana complaints (01-11-2024)
Congress criticized the Election Commission for dismissing its allegations of irregularities in Haryana assembly polls. They claimed that the EC’s response was condescending and warned of seeking legal recourse. Congress leaders mentioned that they have repeatedly engaged with the EC in good faith but found the recent reply unsatisfactory and partial.
Weak Jobs Report Provides Fodder For Harris and Trump Ahead of Election (01-11-2024)
Republicans and Democrats used the latest jobs numbers to bolster their arguments about who would be better at managing the economy.
Working-Class Voters Are Pivotal. Both Candidates Are Vying for Their Support. (01-11-2024)
Kamala Harris’s plans offer a bigger boost for the working class, but Donald Trump seems to be convincing voters.