India’s forex reserves hit record $729.3 billion on strong dollar inflows

IANS | August 28, 2026 5:46 PM

New Delhi, Aug 28 (IANS) India’s foreign exchange reserves surged to a record high of $729.3 billion in the week ended August 21, providing the Reserve Bank of India (RBI) with greater firepower to manage pressure on the rupee amid elevated oil prices and global economic uncertainties.

Ex-mill sugar prices fall 20 per cent, retail prices too start declining: Govt

IANS | August 28, 2026 3:56 PM

New Delhi, Aug 28 (IANS) Ex-mill sugar prices in India have declined by around 20 per cent, while retail sugar prices have also started coming down, and given the normal transmission of changes through the supply chain, retail prices are expected to follow the downward movement in prices shortly, the Ministry of Consumer Affairs, Food & Public Distribution said on Friday.