The Reserve Bank of India's (RBI) cap on banks' forex positions provided only a temporary boost to the rupee, with the currency quickly reversing gains and breaching the 95-per-dollar mark due to persistent underlying pressures.
Indian banks are urging the Reserve Bank of India (RBI) to reconsider its new $100 million cap on net open foreign-exchange positions, warning that the directive could lead to significant mark-to-market (MTM) losses and force an accelerated unwinding of trades, potentially impacting FY26 earnings.
The Central Board of Indirect Taxes and Customs (CBIC) has eliminated the Rs 10 lakh value cap per consignment for courier-based commercial exports, effective April 1, aiming to significantly boost e-commerce shipments, particularly for MSMEs and artisans.
'My colleague Naveen Bamel -- he is an advocate of the Supreme Court -- went to the museum at the Red Fort specifically to look for the cap.' 'He inquired with the ASI officials there, and nobody had a clue.' 'So I thought this is not right. This must be brought to the notice of the prime minister.'
Lights, glamour and a whole lot of drama! The HELLO! Hall of Fame Awards brought together the biggest names across film, fashion, business and beyond.
Kyle Walker hung up his England boots on Tuesday, four matches shy of a landmark 100 caps, bringing the curtain down on a 14-year international career that saw him twice finish as a European Championship runner-up.
Young cricketer Vaibhav Sooryavanshi received praise from Virat Kohli after his impressive performance in the IPL, where he scored 78 runs off 26 balls, leading Rajasthan Royals to victory.
Harmanpreet Kaur has become the most capped international player in women's cricket history, surpassing Suzie Bates during the second T20I against Australia in Canberra.
Cameron Green returned to form with a fighting half-century, but his effort was overshadowed by Shubman Gill, who produced a captain's knock to guide Gujarat Titans to a five-wicket win over Kolkata Knight Riders in an Indian Premier League clash in Ahmedabad on Friday, April 17, 2026.
The Indian government is reportedly considering increasing the foreign direct investment (FDI) limit in the pension sector to 100 per cent, bringing it in line with the insurance sector. A Bill to amend the PFRDA Act, 2013, is expected in an upcoming Parliament session.
United States President Donald Trump has welcomed the declaration from Tehran regarding the restoration of maritime access through the Strait of Hormuz.
Dale Steyn believes Sunrisers Hyderabad's victory over Chennai Super Kings could be a turning point, potentially propelling them into the top four of the IPL standings.
Ask rediffGURU Naveenn Kummar your insurance mutual fund and personal finance-related questions.
Flipkart and Uber have announced a partnership to integrate Flipkart's SuperCoins reward programme into Uber's mobility services, allowing users to earn rewards on rides.
Financial year 2025-26 (FY26) saw a significant shift in corporate fundraising, with rights issues more than doubling to a multi-decade high of 51, raising 44,290 crore, while qualified institutional placements (QIPs) more than halved to 29 issues, mobilising 62,954 crore, driven by sharp equity market corrections and regulatory changes.
The All India Football Federation (AIFF) has expressed its condolences following the death of former India forward Gilbertson Sangma, who passed away at the age of 70.
If pretty had a personality, it would probably look a lot like Kushee Ravi. Feminine, a little traditional and just the right amount of quirky, her style feels like a mix of everything we love.
'Many policyholders do not understand that non-medical expenses, cosmetic treatments, and certain other procedures are not covered by health insurance policies.'
The Supreme Court of India has struck down a law limiting maternity leave for adoptive mothers based on the child's age, affirming that adoption is part of reproductive autonomy.
Vaibhav Sooryavanshi falls for a duck and Irfan Pathan's theory on the youngster targeting big bowlers gains attention.
Syndrela Das won the U-19 singles title after securing the Under-17 singles crown at the Junior and Youth National Table Tennis Championships. Karnataka's Tanishka Kalbhairav and Himanshi Chowdhary won the U-19 doubles title, while West Bengal's Ankolika Chakraborty and Ahona Ray won the U-17 title.
There's a refreshing ease to Meenakshi Govindharajan's style. As a Gen Z fashion girl, she moves seamlessly between modish, experimental fits and rooted traditional look, carrying both with equal grace.
Royal Challengers Bengaluru look the most complete side in IPL 2026 as they face an inconsistent Delhi Capitals unit still searching for form.
Shreyas Iyer's sensational relay catch to dismiss Hardik Pandya during the Mumbai Indians versus Punjab Kings IPL match at the Wankhede stadium is being hailed as a defining moment of the season.
Karishma Tanna and her husband Varun Bangera have announced they are expecting their first child, set to arrive in August 2026.
A 45-year-old man has been arrested in Uttar Pradesh for allegedly stealing gold ornaments worth Rs 4.50 lakh from a woman on a local train in Thane. Police used CCTV footage and a tip-off to locate and apprehend the suspect.
Eight of India's top-10 most valued firms saw their combined market valuation increase by Rs 1,87,497.45 crore last week, with Bharti Airtel emerging as the largest gainer, reflecting a positive trend in the equities market.
Retiring at 50 is not unrealistic. It simply requires: Discipline + Long-Term Vision + Compounding
Indian benchmark stock indices, Sensex and Nifty, closed nearly 1 per cent lower following the collapse of US-Iran negotiations, which heightened concerns of a prolonged conflict in West Asia and drove crude oil prices sharply higher.
Gautam Adani, Chairman of the Adani Group, has surpassed Mukesh Ambani to become Asia's richest person, with a net worth of USD 92.6 billion, placing him 19th globally according to the Bloomberg Billionaires Index.
India will lower duty on European apples to 20 per cent under the trade pact, but the imports would be capped at 50,000 tonnes per year and subject to a minimum import price of Rs 80 per kg, thereby fully protecting domestic farmers, an official said on Wednesday.
The Federation of Indian Export Organisations (FIEO) has appealed to the Reserve Bank of India (RBI) for liquidity support to Indian exporters, citing a significant increase in freight costs and extended payment cycles due to the ongoing West Asia conflict.
When Triptii Dimri was announced as the new face of Victoria's Secret India, it just made sense.
Former India off-spinner Ravichandran Ashwin is set to debut in Major League Cricket after signing with the San Francisco Unicorns, becoming the first India-capped player to join the league.
Gujarat Titans assistant coach Parthiv Patel addresses concerns about the team's middle order, expressing confidence in their ability to perform in crucial situations. He also praises young pacer Ashok Sharma and acknowledges the threat posed by Mumbai Indians despite their recent losses.
Flipkart and Uber have announced a partnership to integrate Flipkart's 'SuperCoins' reward programme into Uber's mobility services, allowing users to earn rewards on rides.
Air India group announces fuel surcharges on domestic and international flights due to rising Aviation Turbine Fuel (ATF) prices, following the government's decision to cap domestic ATF price hikes.
India's R Vaishali wins the FIDE Women's Candidates 2026 in Cyprus, earning the right to challenge world champion Ju Wenjun and drawing praise for her historic achievement.
Vaibhav Sooryavanshi, a 15-year-old cricketer, played a remarkable innings, scoring 78 runs off 26 balls to help Rajasthan Royals chase down a target of 201 against Royal Challengers Bengaluru.
The ICC is investigating Cricket Canada for alleged breaches of its anti-corruption code, including scrutiny of a T20 World Cup match against New Zealand, following allegations highlighted in a recent documentary.
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