The rupee slipped 1 paisa to 82.41 against the USD in the morning trade amid the strengthening of the American currency and sustained foreign fund outflows
DEA Secretary Ajay Seth dismissed concerns over the depletion of forex reserve, adding that India has a fairly large reserve to tide over the current situation
S&P has retained its GDP projection of India's economic growth at 7.3% for the current fiscal, saying that inflation is likely to remain above 6% till 2022-end