Foreign Exchange Reserves of India (1998-2016)

Foreign Exchange Reserve is also known as Forex Reserve. India's forex reserve as on 16th September 2016 stands at US $ 369.6 billion (INR 24,603.5 billion).

Previous 3 years comparative statement on forex reserves    (US $ in Billion)

#

Item

As on
31-Mar-2016

As on
31-Mar-2015

As on
31-Mar-2014

1

Foreign Currency Assets

336.10

317.32

276.36

2

Gold

20.12

19.04

21.57

3

SDRs

1.50

3.99

4.46

4

Reserve Position in the IMF

2.46

1.29

1.83


Total

360.18

341.64

304.22

Company vs Company's vs Companies vs Companies' - Difference

As simple as it might sound - the use of Company's, Companies and Companies' are still mistaken by many people due to sheer ignorance of the minor difference between them.

Where to use - COMPANY?

The "Company" is a (singular) collective noun, which means 1(one) company. Even though a company represents a group of people, in the eye of law it is considered to be a single legal entity (an artificial person).

Example - Apple Inc. is an American multinational technology company headquartered in Cupertino, California.

Where to use - COMPANIES?

2 NBFCs surrender their Certificate of Registration to RBI

The following NBFCs have surrendered the Certificate of Registration granted to them by the Reserve Bank of India. The Reserve Bank of India, in exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934, has therefore cancelled their Certificate of Registration.

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