India's forex reserves drops by $1.09 billion to $529.99 billion
Fri, Nov 11, 2022 6:47 PM

India's forex reserves drops by $1.09 billion to $529.99 billion

A Flip by Shruti
Get it on Google Play
On Friday, the Reserve Bank said that India's foreign exchange reserves fell by USD 1.087 billion to stand at USD 529.994 billion for the week ended November 4 on a sharp drop in the gold reserves. In the previous week, the reserves had surged by USD 6.561 billion to reach USD 531.081 billion, making it the biggest weekly leap in a year.

More great flips

Hudson Bay, Morgan Stanley took positions in Donald Trump social media

Hudson Bay, Morgan Stanley took positions in Donald Trump social media

Hudson Bay Capital Management, Geode Capital Management and Morgan Stanley were among the large institutional investors that took positions in Donald Trump's Trump Media & Technology Group in the first quarter, securities filings showed on Wednesday. The former president, who is running as the Republican candidate in the November 5 presidential election, holds a majority stake in the company.

Open Flip
Short Call: Meme stocks the rage!

Short Call: Meme stocks the rage!

Meme stocks GameStop and AMC Entertainment have made a strong comeback in the US, thanks to Keith Gill coming out of two-year hibernation. Gill, who posts from the X handle Roaring Kitty, is seen as a poster boy of the retail investor brigade and was the first one to draw attention to GameStop with a series of video posts on Reddit.

Open Flip
Saint Gobain Sekurit India Q4 Results: profit falls by 10.5% YOY

Saint Gobain Sekurit India Q4 Results: profit falls by 10.5% YOY

Saint Gobain Sekurit India Q4 Results: Saint Gobain Sekurit India declared their Q4 results on 13 May, 2024. The topline decreased by 2.73% & the profit decreased by 10.5% YoY. As compared to the previous quarter the revenue declined by 11.94% and the profit decreased by 11.27%. The Selling, general & administrative expenses declined by 24.98% q-o-q & decreased by 25.84% Y-o-Y.

Open Flip

Join our Smart Investment Community

More than 1 Million users are using FlipItMoney to stay updated about the business and finance world! Join FlipItMoney now and take smart investment decisions!
Icon