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Forex tracker: Reserves drop $2.7 bn to $687 bn; weekly decline driven by FCA and gold

India’s foreign exchange reserves fell for the third consecutive week, slipping by $2.699 billion to $687.034 billion for the week ended November 7, according to data released by the Reserve Bank of India (RBI) on Friday.The forex kitty had already declined by $5.623 billion in the previous week to $689.733 billion, extending what has become…

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Bihar election results 2025: How Nitish Kumar’s ‘flip’ on freebies powered historic NDA win | India News

In Bihar’s political theatre, irony has always been the opening act, and Nitish Kumar, the master of reinvention, once again turned contradiction into victory.With the National Democratic Alliance (NDA) sweeping the assembly elections by surging past the half-way mark, one wonders what could have been the X-factor that made the people of one of the…

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Hiring momentum: India Inc steps up recruitment in 2025; big firms drive gains as demand picks up

Hiring activity across India’s private sector improved marginally in the first 10 months of 2025, supported by stronger demand, healthier order books and a steady revival in business sentiment. An ET analysis of HSBC and S&P Global Market Intelligence data shows that the jobs component of the seasonally adjusted HSBC India PMI rose to 53.8…

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ED summons: Reliance Group chairman Anil Ambani offers to appear ‘virtually’; probe on under FEMA

Anil Ambani is the Reliance Group chairman. Anil Ambani has responded to the Enforcement Directorate‘s summons by requesting to appear via “virtual means” for the Friday meeting. Anil Ambani is the Reliance Group chairman.The 66-year-old business leader’s spokesperson released a statement indicating that Ambani has written to the agency, pledging “full cooperation” in the ongoing…

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