India’s forex kitty falls for 5th week in a row

IANS | October 13, 2023 7:36 PM

Mumbai, Oct 13 (IANS) India’s foreign exchange reserves fell for a fifth consecutive week to settle at a five-month low of $584.74 billion as of October 6, figures compiled by the RBI showed on Friday.

Room for a correction in mid-cap area: Christopher Wood of Jefferies

Sanjeev Sharma | September 17, 2023 7:25 PM

New Delhi, Sep 17 (IANS) There is clearly room for a correction in the mid-cap area, most particularly as a continuing rise in the oil price has the potential to create some renewed inflationary noise in India, just as it does in the developed world, Christopher Wood, analyst at Jefferies said in his commentary, Greed and Fear.