Forex kitty

Mumbai, Feb. 16: The country’s foreign exchange reserves fell to $290.80 billion, down by $1.86 billion, compared with $292.67 billion for the week ended February 8. Forex reserves have fallen after registering a rise in the past three consecutive weeks. Reserves had increased by $4.35 billion for the week ended February 1 and stood at $292.67 billion. Foreign currency assets went down $1.85 billion to $281.18 billion from $283.04 billion during the period.

Ficci chief

New Delhi, Feb. 16: Rajeev Chandrasekhar founder of bpl Mobile, has taken over as president of Ficci. JK Paper managing director Harsh Pati Singhania and Bharti Enterprises managing director Rajan Bharti Mittal have been elected as senior president and vice-president, respectively.