24-Carat gold is selling for Rs50,890 per 10 grams in Mumbai and Kolkata
Virgio has not yet launched but is estimated to be worth over $150 million
HBL, as the lead member of a consortium with Shivakriti International, is also declared as the lowest bidder (L-1 bidder) in two other tenders.
Indias foreign exchange (forex) reserves fell by $3.007 billion to $561.046 billion for the week ended August 26 dragged by a slump in foreign currency assets, the Reserve Bank of India (RBI) data showed. This is the fourth weekly fall in the countrys forex reserves. The countrys foreign exchange reserves have declined sharply in recent months as the RBI continues to intervene in the currency […]

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