India’s foreign-exchange reserves plunged $5.14 billion in Oct

India’s foreign-exchange reserves plunged $5.14 billion in Oct


India’s foreign-exchange reserves plunged $5.14 billion in the week ended Oct. 12, the biggest drop in seven years, hinting the central bank intervened to stem the Indian Rupee‘s losses from getting out of hand after it held interest rates at an

NCLT allows Central govt to takeover IL&FS Management

NCLT allows Central govt to takeover IL&FS Management


NCLT (National Company Law Tribunal) allows Central govt to takeover IL&FS Management.A list of 6 members has been provided by the Central govt. October 31st is the next date of hearing, to file any petition.(Source – ANI)

Earlier, Government of India seeks