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Business Briefs

Forex kitty

Mumbai, June 14: The country’s forex reserves jumped to a record $315.66 billion for the week ended June 6, up $1.04 billion from $314.6 billion in the previous week. Reserves had fallen by $1.55 billion in the previous week after reporting a rise in three consecutive weeks.

Sebi model

Mumbai, June 14: Sebi chairman C.B. Bhave has suggested the government could follow its model of coming up with a consultative paper before finalising any law .

BSE indices

Mumbai, June 14: The index committee of the BSE has decided to revise the composition of its indices. While the revision in the sensex will be effective from July 28, revisions in the bse-100, bse-200 and bse-500 will become effective from June 23.


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