India's forex reserves fall $12.95 billion to $734.60 billion in week ended October 2
India's foreign exchange reserves have dropped by $12.95 billion to $734.60 billion as of October 2. This decline was influenced by a reduction in foreign currency assets and gold reserves. The previous week, reserves had already decreased by $18.34 billion, falling to $747.56 billion. The Reserve Bank of India reported these figures in its recent data release. Fluctuations in reserves are a…
The India Meteorological Department (IMD) predicts that isolated heavy rainfall will continue across various parts of India, particularly from October 9 to October 15. This rainfall is expected to affect numerous regions, including North-West India, Jammu and Kashmir, Uttarakhand, Arunachal Pradesh, Kerala, Lakshadweep, and several others.
Rainfall is anticipated to be fairly widespread in specific areas such as Jammu and Kashmir, Uttarakhand, Arunachal Pradesh, Kerala, and Lakshadweep on certain days. Meanwhile, isolated to scattered rainfall is likely across several other regions like Himachal Pradesh, Haryana, Chandigarh, Delhi, Punjab, and several others throughout the forecast period.
The IMD also indicates that conditions are becoming favorable for further withdrawal of the southwest monsoon in certain parts of eastern India and the southern peninsula. This withdrawal is expected to commence in western Rajasthan in September and gradually spread across north-west and central India, followed by the southern peninsula and eastern regions. Vijay C. Roy, a journalist with over 21 years of experience, reports that many parts of northern India will see the monsoon's withdrawal within the next 3-4 days.
Written by urgent.news from Live Mint's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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