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Forex reserves up by 3 billion USD

Mumbai, Aug 3 (UNI) India's foreign reserves grew by more than 3 billion US dollars to 225.350 billion dollars in past week from 222.043 billion dollars.

Meanwhile, country's reserve position in the International Monetary Fund (IMF) met a dip of 10 million dollars over the week to 455 million dollars as against 465 million dollars.

In other segments of reserve, Foreign currency assets rose for the second consecutive week to 218.096 billion dollars from 214.790 billion dollars while gold reserves stood unchanged at 6.787 billion dollars, said the weekly statistical report of Reserve bank.

Aggregate deposits of the scheduled commercial banks went up to Rs 27,29,856 crore from Rs 27,13,843 crore during the period while bank credits fell to Rs 19,14,456 crore from Rs 19,14,527 crore, the release added.

UNI

Two killed of snake bite

Panipat, Aug 3 (UNI) Two people, including a 7- year old boy, died of snake bite at Puthar village in this district last night. The deceased were identified as Dhani Chand ( 33) and his son Vikram of Hawasa village in Darbhanga District of Bihar. Their bodies were brought to local civil hospital here for postmortem today. Dhani Chand, who was working on contract basis on a farm land, was residing alongwith his.....

MSMEs to take part in Rwandan fairs under 'MSME India' brand

New Delhi, Aug 3 (UNI) India will participate in various upcoming fairs in Rwanda and display products of micro, small and medium enterprises under the brand 'MSME India'. This was stated by MSME Secretary Dr Chandrapal when Rwandan Ambassador Lt General Kayumba Nyamwasa called on him today. Mr Chandrapaul said the fairs would provide an opportunity to Rwandan entrepreuners to view the new trends and developments in India's MSME Sector. The items displayed would be the products.....

Simplex Projets rises 75 pc on debut

New Delhi, Aug 3 (UNI) Construction firm Simplex Projects Ltd got listed this morning at Rs 323.75 on BSE and NSE, 75 per cent higher than its initial public offer price of Rs 185 share. The volume of trade on BSE and NSE on the very first day totalled over 16 million equity shares. The IPO of Simplex Projects received an overwhelming response from investors and was subscribed 82.78 times at the close of the issue on.....
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