Forex reserves drop by $3 billion to $603.87 billion in 2nd consecutive weekly decline
Friday, 4 August 2023 India's forex reserves dropped by $3.165 billion to $603.87 billion for the week ended July 28, the RBI said on Friday. This is the second consecutive weekly drop in the reserves after the $1.987 billion decline to $607.035 billion in the previous reporting week. In October 2021, the country's forex kitty reached an all-time high of $645 billion.
Apple Betting on Future Products , as Sales Continue to Slump.
'The Independent' reports that Apple
has warned that the company's sales have
fallen and are expected to continue falling.
However, the company's long-term investment
in services has offset the decline in sales of
products,...
3M Agrees to $6 Billion Settlement , Over Faulty Earplugs Worn by US Military Personnel.
300,000 lawsuits alleging that 3M
provided the military with faulty combat earplugs, which resulted in..
Credit: Wibbitz Top Stories Duration: 01:30Published
‘Barbie’ Becomes the Highest-Grossing , Domestic Film Release of the Year.
'Barbie' surpassed $575.4 million at the North American box office on Aug. 23, CNBC reports. .
That means it is now the..
Credit: Wibbitz Top Stories Duration: 01:30Published
Subway Ends Family-Owned Run, , Sells to Private Equity Firm.
CNN reports that Subway has ended a six-month
search for a buyer and will be sold to
private equity firm Roark Capital.
CNN reports..
Credit: Wibbitz Top Stories Duration: 01:31Published