Replying to a question in Lok Sabha, Sitharaman said the Reserve Bank of India has used the available foreign exchange reserves that it had in order to intervene in the markets to make sure that the Dollar-Rupee does not fluctuate too much.
Properties worth several lakh of rupees and many houses were gutted in a massive fire that broke out in a slum colony in the Fatasil Ambari area of Guwahati on Friday night.
The agency said the attached assets included 20 immovable properties consisting of land and building in Kerala, two vehicles (Innova and Audi), Rs 3,40,000 cash in Indian rupee and foreign currency equivalent to Rs 2,08,124, totalling to Rs 5,48,124, and balances in 57 bank accounts belongin
At the time of writing this report, Sensex traded at 62,516.75 points, down 351.75 points or 0.56 per cent, whereas Nifty traded at 18,600.80 points, down 95.30 points or 0.51 per cent. Rupee opened at 81.23 against the US dollar. On Friday, it closed at 81.32.
The Customs department arrested Samad, a Malappuram native when the Spicejet flight from Jeddah was diverted to Kochi airport after a hydraulic failure.
Robust foreign fund inflows into Indian equities, the appreciating Rupee, and hints by the US central bank about the moderating rate of interest hikes supported investors' sentiment.
The rupee has come substantially off its all-time low. Currently, it is trading around 81.64-81.70 against the US dollar as against its record low of 83 it breached in mid-October, primarily due to the strength in the US Dollar Index.