Search results for ' Reserve'

Meet Dr Ros Rivaz, ICC's new face after Indra Nooyi

Meet Dr Ros Rivaz, ICC's new face after Indra Nooyi

Rediff.com30 May 2026

The ICC has announced the appointment of Dr. Ros Rivaz as its new Independent Director, succeeding Indra Nooyi. Rivaz brings extensive experience in governance, corporate strategy, and operational effectiveness to the role.

Assess Mythos Threat By June 30: RBI To Banks

Assess Mythos Threat By June 30: RBI To Banks

Rediff.com17 Jun 2026

'...A new challenge has emerged in the form of Mythos.'

West Bengal To Overhaul Recruitment Process

West Bengal To Overhaul Recruitment Process

Rediff.com23 May 2026

West Bengal Chief Minister Suvendu Adhikari announced that the state government will introduce a new recruitment policy in the next Budget session to address irregularities and scams that occurred during the previous Trinamool Congress government.

Manipur Boosts Security With CoBRA Deployment Amidst Ethnic Tensions

Manipur Boosts Security With CoBRA Deployment Amidst Ethnic Tensions

Rediff.com11 Jun 2026

Manipur Home Minister Govindas Konthoujam announced the deployment of two CoBRA battalions to improve law and order, following the discovery of six Naga civilians' bodies and the release of 14 Kuki individuals. Both the Home Minister and Chief Minister have pledged to bring perpetrators of violence to justice and urged public cooperation for peace.

Panagariya: Don't Fear Rs 100 Dollar

Panagariya: Don't Fear Rs 100 Dollar

Rediff.com22 May 2026

'100 is just a number, like 99 and 101.'

ICICI Bank Demands Rs 100 Crore from Fintechs for Alleged Merchant Misclassification

ICICI Bank Demands Rs 100 Crore from Fintechs for Alleged Merchant Misclassification

Rediff.com1 Jun 2026

ICICI Bank is seeking recoveries of at least 100 crore from fintech firms, alleging merchant misclassification of their business, a practice that has eroded the bank's interchange income. The dispute, lodged with global card network Visa, highlights growing discomfort among banks and intensified scrutiny from the Reserve Bank of India.

Rare Melanistic Tiger Skin Seized In Odisha; Three Arrested

Rare Melanistic Tiger Skin Seized In Odisha; Three Arrested

Rediff.com21 May 2026

Forest officials in Odisha's Similipal Tiger Reserve (STR) have arrested three individuals and seized the skin of a rare melanistic tiger. This marks the third reported case of black tiger poaching in Similipal, the only place in the world where these tigers are found in the wild.

Where Are India's Rich Investing Money?

Where Are India's Rich Investing Money?

Rediff.com18 Jun 2026

As the rupee weakens, wealthy families are accelerating investments in global assets.

Operation Tiger: 6-7 Uddhav MPs to form separate bloc; Sena issues whip

Operation Tiger: 6-7 Uddhav MPs to form separate bloc; Sena issues whip

Rediff.com17 Jun 2026

The Shiv Sena-UBT is facing a significant internal crisis, with reports suggesting that 'six to seven' of its nine Lok Sabha MPs are preparing to form a separate group. MP Arvind Sawant has formally requested Lok Sabha Speaker Om Birla not to recognise any such breakaway faction, emphasising the primacy of the political party over its legislative wing.

Forex reserves rise by $14 bn to $700 bn

Forex reserves rise by $14 bn to $700 bn

Rediff.com23 Jan 2026

India's foreign exchange reserves jumped by $14 billion to $701 billion during the week ended January 16, the Reserve Bank said on Friday. The overall reserves had increased by $392 million to $687 billion in the preceding week.

India Condemns Pakistan's Brutality In PoK, Seeks Global Accountability

India Condemns Pakistan's Brutality In PoK, Seeks Global Accountability

Rediff.com9 Jun 2026

India has strongly criticised Pakistan for its alleged brutality and human rights abuses in Pakistan-Occupied Kashmir (PoK), following reports of police violence against protesters. New Delhi has called on the international community to hold Pakistan accountable, while Pakistan's own human rights body has also expressed alarm over the situation.

Kerala High Court Adjourns CMRL Appeal In ED Case

Kerala High Court Adjourns CMRL Appeal In ED Case

Rediff.com1 Jun 2026

The Kerala High Court has admitted an appeal by CMRL against a single-judge verdict allowing the ED to continue its money laundering investigation into the company's dealings with Veena T, daughter of former Kerala Chief Minister Pinarayi Vijayan.

FPIs Withdraw Rs 62,800 Crore from Indian Equities in First Fortnight of June

FPIs Withdraw Rs 62,800 Crore from Indian Equities in First Fortnight of June

Rediff.com14 Jun 2026

Foreign Portfolio Investors (FPIs) have withdrawn over Rs 62,853 crore from Indian equities in the first fortnight of June, bringing the total outflows for 2026 to Rs 2.87 lakh crore, surpassing the entire 2025 figure, driven by geopolitical tensions, global economic growth concerns, and a weakening rupee.

India's Oil Reserves Can Cover 40-45 Days If Hormuz Flow Disrupted

India's Oil Reserves Can Cover 40-45 Days If Hormuz Flow Disrupted

Rediff.com3 Mar 2026

India possesses approximately 100 million barrels of commercial crude oil stocks, capable of covering 40-45 days of its requirements if flows through the Strait of Hormuz are disrupted, according to Kpler.

Why rupee is among the most vulnerable Asian currencies

Why rupee is among the most vulnerable Asian currencies

Rediff.com23 May 2026

The Indian rupee is highly vulnerable among Asian currencies, with Barclays and MUFG warning of a potential depreciation towards 100/$ if the West Asia conflict persists, driven by widening current account deficits and elevated crude oil prices.

World Bank ups India's FY27 growth to 6.6% amid global slowdown

World Bank ups India's FY27 growth to 6.6% amid global slowdown

Rediff.com12 Jun 2026

The World Bank has increased India's economic growth projection for FY27 to 6.6 per cent, citing resilient domestic demand, while simultaneously cutting its global economic growth outlook due to the conflict in West Asia.

RBI, Govt Unveil Measures to Attract Up to $50 Billion in Foreign Capital

RBI, Govt Unveil Measures to Attract Up to $50 Billion in Foreign Capital

Rediff.com6 Jun 2026

The Reserve Bank of India (RBI) and the central government have introduced a package of measures, including tax exemptions for FPIs on government securities and a concessional foreign-exchange swap facility, aiming to attract up to $50 billion in foreign capital. This initiative is designed to strengthen India's balance of payments and potentially cover the projected BoP gap for FY27.

Forex reserves increase $392 mn to $687 bn

Forex reserves increase $392 mn to $687 bn

Rediff.com16 Jan 2026

India's forex reserves increased by $392 million to $687 billion during the week ended January 9, the Reserve Bank of India said on Friday.

Protests in PoK intensify amid crackdown

Protests in PoK intensify amid crackdown

Rediff.com10 Jun 2026

Shops and markets in Pakistan-occupied Kashmir remained closed following a protest call by the Joint Awami Action Committee (JAAC), amidst reports of over 20 deaths in recent police action. The JAAC, now outlawed, is demanding subsidised flour and electricity, and the abolition of "refugee seats." Authorities have offered a reward for the arrest of JAAC leaders, while the PoK "Prime Minister" has called for negotiations.

RBI Revives Plan for Polymer Banknotes to Boost Durability, Cut Costs

RBI Revives Plan for Polymer Banknotes to Boost Durability, Cut Costs

Rediff.com29 May 2026

The Reserve Bank of India (RBI) is set to introduce polymer banknotes to address the rising demand for currency, improve durability, and reduce production costs, with a pilot project expected soon.

RBI's forex gains jump 52% in FY26, balance sheet swells

RBI's forex gains jump 52% in FY26, balance sheet swells

Rediff.com30 May 2026

The Reserve Bank of India (RBI) reported a significant 52 per cent year-on-year increase in gains from foreign exchange transactions, reaching 1.69 trillion in FY26. This surge occurred despite the central bank selling a gross $195 billion in the spot market to manage rupee volatility, which saw a 9.85 per cent depreciation.

States increase reliance on market borrowings, face higher yields

States increase reliance on market borrowings, face higher yields

Rediff.com1 Jun 2026

Indian states significantly increased their reliance on market borrowings to finance gross fiscal deficits in 2025-26, with the share of market borrowings rising to 76.3 per cent, even as the weighted average cut-off yield on State Government Securities (SGS) and spreads over central government securities also increased.

Cockroach party steals spotlight at INDIA bloc meet; leaders divided

Cockroach party steals spotlight at INDIA bloc meet; leaders divided

Rediff.com9 Jun 2026

The INDIA bloc meeting saw discussions about the emerging youth-led Cockroach Janata Party (CJP), with leaders holding divergent views on its intent and significance. While some expressed concerns about its political motives, many saw it as a healthy sign of youth dissent against the system, prompting calls for engagement and attention to the issues raised.

Gavaskar sends strong warning to India batters

Gavaskar sends strong warning to India batters

Rediff.com8 Jun 2026

India registered their biggest-ever innings win in Test cricket, dominating Afghanistan in the one-off game, with debutant left-arm spinner Manav Suthar impressing with a seven-wicket match haul.

MBBS student faces probe over remarks at comedy show

MBBS student faces probe over remarks at comedy show

Rediff.com12 Jun 2026

Mumbai's civic-run KEM Hospital has initiated a two-member committee probe into controversial remarks made by MBBS student Sejal Pawar regarding male cadavers during a stand-up comedy show, which the hospital dean deemed 'unacceptable'.

Shahidi to lead Afghanistan in Test, ODI tour of India

Shahidi to lead Afghanistan in Test, ODI tour of India

Rediff.com26 May 2026

Hashmatullah Shahidi will lead Afghanistan in the upcoming Test and ODI tour of India, while IPL star Allah Ghazanfar earns a call-up after his impressive season with Mumbai Indians.

India's GDP expands 7.8% in Q4, full year growth hits 7.7%

India's GDP expands 7.8% in Q4, full year growth hits 7.7%

Rediff.com5 Jun 2026

India's economy registered a robust 7.7 per cent growth in the fiscal year 2025-26, an increase from 7.1 per cent in the previous year, with the January-March quarter alone seeing a 7.8 per cent expansion.

Would You Like Polymer Currency Notes?

Would You Like Polymer Currency Notes?

Rediff.com6 Jun 2026

The primary objective of introduction of polymer notes was to increase its life and not to combat counterfeiting.

No plans to sell temple gold, clarifies govt

No plans to sell temple gold, clarifies govt

Rediff.com19 May 2026

The government has refuted rumours of a monetisation scheme for gold held by temple trusts and religious institutions, clarifying that such claims are false and misleading.

Modi's Austerity Push Faces Reality Test

Modi's Austerity Push Faces Reality Test

Rediff.com25 May 2026

Following through announcements with enforcement of measures is key, as a run through recent Indian economic history shows, points out A K Bhattacharya.

Security tightened in Delhi ahead of Cockroach Janta Party protest

Security tightened in Delhi ahead of Cockroach Janta Party protest

Rediff.com6 Jun 2026

Delhi Police has intensified security across the city, especially at Indira Gandhi International (IGI) Airport and border points, in anticipation of a protest called by the digital outfit Cockroach Janta Party (CJP). Over 1,000 personnel have been deployed, and senior officers have reviewed arrangements to maintain law and order and ensure public safety.

How cramps helped Zverev shed mental weight to claim French Open crown

How cramps helped Zverev shed mental weight to claim French Open crown

Rediff.com8 Jun 2026

Four years after leaving Roland Garros in a wheelchair with seven broken bones in his foot and two years after suffering the agony of being beaten in the Paris final by Carlos Alcaraz, Zverev finally claimed the trophy that had long eluded him.

Jewellers back PM's gold appeal, propose monetisation scheme enhancements

Jewellers back PM's gold appeal, propose monetisation scheme enhancements

Rediff.com13 May 2026

Leading Indian jewellery bodies, including the All India Gem & Jewellery Domestic Council (GJC) and Malabar Gold & Diamonds, have expressed support for Prime Minister Narendra Modi's appeal to reduce gold imports and are advocating for enhancements to the Gold Monetisation Scheme (GMS) to unlock India's vast idle gold reserves.

RBI surplus transfer to govt hits a new high of Rs 2.87 trn

RBI surplus transfer to govt hits a new high of Rs 2.87 trn

Rediff.com24 May 2026

The Reserve Bank of India (RBI) has announced a record surplus transfer of Rs 2.87 trillion to the central government for FY26, driven by increased income and an expanded balance sheet, despite a reduction in the contingent risk buffer (CRB) to 6.5 per cent.

Road Rage Shocker: Himachal Constable Attacked On Duty

Road Rage Shocker: Himachal Constable Attacked On Duty

Rediff.com5 Jun 2026

A police constable in Himachal Pradesh was allegedly assaulted in a road rage incident in Paonta, Sirmaur district. The accused, identified as Farman from Saharanpur, has been arrested, and a case registered under the BNS. The incident has sparked political criticism regarding the state's law and order situation.

No plans for fuel rationing, supply adequate: Oil ministry official

No plans for fuel rationing, supply adequate: Oil ministry official

Rediff.com11 May 2026

India has no plans to ration fuel supplies despite ongoing disruptions in global energy markets, according to a top oil ministry official. The country has maintained adequate inventories of crude products and LPG while diversifying imports to manage supply risks.

Delhi Riots: Court To Deliver Verdict In Ankit Sharma Murder Case

Delhi Riots: Court To Deliver Verdict In Ankit Sharma Murder Case

Rediff.com3 Jun 2026

A Delhi court is set to pronounce its verdict on Thursday in the murder case of Intelligence Bureau officer Ankit Sharma, who was killed during the 2020 northeast Delhi riots. Former AAP councillor Tahir Hussain and 10 others are accused in the sensational case.

Spot a Suspicious Credit Card Transaction?

Spot a Suspicious Credit Card Transaction?

Rediff.com10 Jun 2026

The first thing cardholders should do after spotting a suspicious charge is block the card.

Rare Albino Deer Spotted In Kaziranga

Rare Albino Deer Spotted In Kaziranga

Rediff.com30 May 2026

The pale-coloured hog deer is believed to be affected by albinism, a rare genetic condition characterised by the absence or reduction of melanin pigment in the skin, fur, and eyes.

EV Adoption Rises As West Asia Crisis Makes Fuel Costly

EV Adoption Rises As West Asia Crisis Makes Fuel Costly

Rediff.com9 Jun 2026

Fuel prices have risen by about Rs 7.5 per litre since May 15, as global crude oil prices surged due to the ongoing conflict in West Asia and supply concerns around the Strait of Hormuz.