As per the latest Reserve Bank of India (RBI) data, the foreign currency reserves of India declined by $1.466 billion to $633.614 billion, in the last week of 2021.
Fairfax and Capital Group-backed non-banking finance company IIFL Finance appointed former State Bank of India boss Arun Purwar as chairman of its board.
After the recommendation by the three-member committee, the Centre has decided to continue with the existing annual income limit of Rs 8 lakh for the identification of the economically weaker sections (EWS).