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Wednesday, September 27, 2017

Sep 27, 2017 - PTC India: can strong volumes offset profitability concerns?

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Sree Vijaykumar
Sree Vijaykumar
From the Editor's Desk
Exactly four years after the country's foreign exchange reserves plummeted to $ 274.8 billion in September 2013 - a week after the rupee touched nadir against the dollar - reserves have now surpassed $400 billion - for the first time in history. The country's foreign exchange reserves were at $ 402.5 billion, as on September 15 - latest data released by the Reserve Bank of India shows. Can FX reserves be the tool most useful to provide a much needed growth stimulus? More here

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