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.
As per the weekly Reserve Bank of India (RBI) data, the foreign exchange reserves of India declined by $878 million to USD 632.736 billion in the week ended January 7, 2022.
The GDP growth forecast of India in fiscal FY2022 is estimated to grow at 6.5 per cent as per the United Nations World Economic Situation and Prospects (WESP) 2022 report.
Chanchal Kumar has been appointed as the Managing Director, National Highways & Infrastructure Development Corporation Ltd, under the Ministry of Road Transport & Highways.