Forex watch: India’s reserves drop $9.32 bn to $688.87 bn this week, led by decline in foreign currency assets & gold

Recent Views 6 India’s foreign exchange reserves fell by $9.322 billion to $688.871 billion for the week ended August 1, marking one of the steepest weekly declines in recent months, according to data released by the Reserve Bank of India (RBI) on Friday.In the previous reporting week, reserves had risen by $2.703 billion to touch…

Read More

Ashes banter begins! Stuart Broad shuts down Glenn McGrath’s 5-0 prediction with witty response | Cricket News

Recent Views 5 Stuart Broad and Glenn McGrath NEW DELHI: Australia’s pace legend Glenn McGrath didn’t hold back with his trademark bold prediction for the upcoming Ashes series, forecasting a 5-0 whitewash in Australia’s favour. Speaking on BBC Radio, the former fast bowler said England would find it “pretty tough” to overcome the hosts when…

Read More

Trump’s new endowment tax hits elite US universities hard: Could it shut the door on lower-income applicants?

Recent Views 5 America’s most prestigious universities, including Harvard, Yale, and Stanford, are bracing for an unprecedented hike in taxes on their multi-billion-dollar endowments. A new law, signed last month by President Donald Trump as part of his flagship spending bill, replaces the flat 1.4% levy with a tiered system charging the wealthiest schools up…

Read More