The Reserve Bank of India has today notified that the foreign shareholding by Foreign Institutional Investors (FIIs)/Registered Foreign Portfolios Investors (RFPIs) in M/s UPL Limited have gone below the revised threshold limit. Hence, the restrictions placed on the purchase of shares of the above company are withdrawn with immediate effect. The RBI further advised that FIIs/RFPIs can now invest upto 74 per cent of the paid up capital of M/s UPL Limited under the Port

The Reserve Bank of India’s Reference Rate for the US Dollar is ` 61.2455 on October 13, 2014. The corresponding rate for the previous day (October 10, 2014) was ` 61.1624. Based on the reference rate for the US Dollar and the middle rates of the cross-currency quotes, the exchange rate of EUR, GBP and JPY against the Rupee are given below: Currency Date October 10, 2014 October 13, 2014 1 EUR 77.6701 77.6042 1 GBP 98.6244 98.6849 100 YEN 56.74 57.08 Note : The SDR-Ru

The Reserve Bank of India has today released the data on Overseas Direct Investment, both under Automatic Route and the Approval Route, for the month of September 2014. Ajit Prasad Assistant General Manager Press Release: 2014-2015/741

The Reserve Bank of India’s Reference Rate for the US Dollar is ` 61.1624 on October 10, 2014. The corresponding rate for the previous day (October 09, 2014) was ` 61.0368. Based on the reference rate for the US Dollar and the middle rates of the cross-currency quotes, the exchange rate of EUR, GBP and JPY against the Rupee are given below: Currency Date October 09, 2014 October 10, 2014 1 EUR 77.7426 77.6701 1 GBP 98.6355 98.6244 100 YEN 56.57 56.74 Note : The SDR-Ru

The Reserve Bank of India’s Reference Rate for the US Dollar is ` 61.0368 on October 09, 2014. The corresponding rate for the previous day (October 08, 2014) was ` 61.4648. Based on the reference rate for the US Dollar and the middle rates of the cross-currency quotes, the exchange rate of EUR, GBP and JPY against the Rupee are given below: Currency Date October 08, 2014 October 09, 2014 1 EUR 77.6546 77.7426 1 GBP 98.7678 98.6355 100 YEN 56.69 56.57 Note : The SDR-Ru

The Reserve Bank of India’s Reference Rate for the US Dollar is ` 61.4648 on October 08, 2014. The corresponding rate for the previous day (October 07, 2014) was ` 61.3595. Based on the reference rate for the US Dollar and the middle rates of the cross-currency quotes, the exchange rate of EUR, GBP and JPY against the Rupee are given below: Currency Date October 07, 2014 October 08, 2014 1 EUR 77.4664 77.6546 1 GBP 98.7090 98.7678 100 YEN 56.50 56.69 Note : The SDR-Ru

The Reserve Bank of India’s Reference Rate for the US Dollar is ` 61.3595 on October 07, 2014. The corresponding rate for the previous day (October 01, 2014) was ` 61.7511. Based on the reference rate for the US Dollar and the middle rates of the cross-currency quotes, the exchange rate of EUR, GBP and JPY against the Rupee are given below: Currency Date October 01, 2014 October 07, 2014 1 EUR 77.9546 77.4664 1 GBP 100.0677 98.7090 100 YEN 56.24 56.50 Note : The SDR-R

The Reserve Bank of India today notified that Foreign Institutional Investors (FIIs)/Registered Foreign Portfolios Investors (RFPIs), through primary market and stock exchanges, can now purchase up to 45 per cent of the paid up capital of M/s Apollo Tyres Limited under the Portfolio Investment Scheme (PIS). M/s Apollo Tyres Limited has passed resolutions at the board of directors' level and a special resolution by the shareholders, agreeing for enhancing the limit fro

The Reserve Bank of India’s Reference Rate for the US Dollar is ` 61.7511 on October 01, 2014. The corresponding rate for the previous day (September 30, 2014) was ` 61.6135. Based on the reference rate for the US Dollar and the middle rates of the cross-currency quotes, the exchange rate of EUR, GBP and JPY against the Rupee are given below: Currency Date September 30, 2014 October 01, 2014 1 EUR 78.2060 77.9546 1 GBP 100.2760 100.0677 100 YEN 56.36 56.24 Note : The

International Investment Position (IIP) is a statistical statement that shows, at a point in time, the value and the composition of (a) financial assets of residents of an economy that are claims on non-residents, and gold bullion held as reserve assets; and (b) liabilities of residents of an economy to non-residents. The difference between an economy's external financial assets and liabilities is its net IIP, which may be positive or negative. Such balance sheet anal