Search results for ' Reserve'

Credit Card Spending in India Crosses Rs 2 Trillion Mark

Credit Card Spending in India Crosses Rs 2 Trillion Mark

Rediff.com5 days ago

Credit card spending in India has consistently topped Rs 2 trillion for three consecutive months, with July 2026 recording Rs 2.08 trillion, indicating a new normal for consumer expenditure, according to the latest RBI data.

Retail inflation climbs to 4.45% in July, driven by soaring food prices

Retail inflation climbs to 4.45% in July, driven by soaring food prices

Rediff.com12 Aug 2026

India's retail inflation, measured by the Consumer Price Index (CPI), rose to 4.45 per cent in July, up from 4.38 per cent in June, primarily due to higher food prices, particularly onions and ginger. This marks the second consecutive month the inflation rate has remained above the Reserve Bank's median target.

BJP-SAD to reunite? Badal backs delimitation bill after Modi meet

BJP-SAD to reunite? Badal backs delimitation bill after Modi meet

Rediff.com8 Aug 2026

The Shiromani Akali Dal (SAD) has called for the immediate passage of the women's reservation bill and the delimitation bill, advocating for a uniform 50 per cent increase in seats for all states to ensure fair and equitable representation.

CRPF forms 10-member 'core group' to tackle rising suicides

CRPF forms 10-member 'core group' to tackle rising suicides

Rediff.com20 Aug 2026

The Central Reserve Police Force (CRPF) has formed a 10-member 'core group' to prevent 'self-harm' incidents among its personnel, following a record 59 suicides in 2025, the highest in five years. The group, headed by the CRPF Director General, will meet monthly to review incidents and suggest preventive measures.

Afghanistan name new captain for India T20I series

Afghanistan name new captain for India T20I series

Rediff.com7 days ago

Ibrahim Zadran has been appointed captain of Afghanistan's T20I squad for the upcoming three-match series against India, which will be played in New Delhi. The squad sees the return of fast bowler Naveen-ul-Haq and all-rounder Gulbadin Naib, featuring a blend of experienced players like Rashid Khan and Mohammad Nabi, alongside uncapped wicketkeeper-batter Noor Rahman.

SC to hear on Aug 31 plea challenging anonymous cash donations to parties

SC to hear on Aug 31 plea challenging anonymous cash donations to parties

Rediff.com4 days ago

The Supreme Court is scheduled to hear on August 31 a plea which has challenged the validity of a provision of the Income Tax Act that allows political parties to receive cash donations below Rs 2,000.

World Elephant Day: Haathi Mere Saathi

World Elephant Day: Haathi Mere Saathi

Rediff.com12 Aug 2026

India has over 22,000 wild elephants. May their tribe increase.

US halts visa interviews globally amid Trump's immigration crackdown

US halts visa interviews globally amid Trump's immigration crackdown

Rediff.com5 days ago

The US State Department has paused visa appointments worldwide to conduct a 'global training initiative' for consular officers, aiming to ensure applicants are not likely to become a 'public charge' and are comprehensively evaluated, intensifying President Donald Trump's immigration crackdown.

'Ethanol Blending Has Not Led to Sugar's Price Rise'

'Ethanol Blending Has Not Led to Sugar's Price Rise'

Rediff.com3 days ago

'The ethanol blended with petrol programme should not be halted or reconsidered.' 'India is not experiencing a structural sugar shortage, and the ethanol blending roadmap does not compete with food security or drive domestic price increases.'

15-Year-Old Delhi Teen Stuns World No 1 Magnus Carlsen

15-Year-Old Delhi Teen Stuns World No 1 Magnus Carlsen

Rediff.com20 Aug 2026

Fifteen-year-old Delhi chess prodigy Vandan Alankar Sawai stuns World No. 1 Magnus Carlsen in an online blitz tournament.

Uncertainty looms over key bills as monsoon session heads for washout

Uncertainty looms over key bills as monsoon session heads for washout

Rediff.com10 Aug 2026

Major bills, including those on women's reservation, delimitation, and the Foreign Contribution (Regulation) Act (FCRA), face an uncertain future in the ongoing Monsoon session of Parliament due to persistent opposition protests and a lack of consensus.

RBI Governor: India's Forex Reserves at $682 Billion, 11 Months Import Cover

RBI Governor: India's Forex Reserves at $682 Billion, 11 Months Import Cover

Rediff.com5 Jun 2026

Reserve Bank Governor Sanjay Malhotra announced that India's foreign exchange reserves stand at a healthy $682.3 billion as of May 29, 2026, providing approximately 11 months of import cover and strong protection against external shocks.

Kanda Express To Lower Onion Prices

Kanda Express To Lower Onion Prices

Rediff.com5 days ago

The Centre has launched dedicated Kanda Express onion trains from Nashik to major cities, releasing buffer stocks at 35/kg to curb a sharp seasonal rise in onion prices.

Man's Severed Legs Found In Odisha Tiger Reserve

Man's Severed Legs Found In Odisha Tiger Reserve

Rediff.com1 Jun 2026

Severed legs of a man were discovered inside the Similipal Tiger Reserve in Odisha's Mayurbhanj district. Locals suspect a tiger attack, but forest officials are investigating the cause of death.

'Maini will need to choose between Formula E and Formula 1'

'Maini will need to choose between Formula E and Formula 1'

Rediff.com14 Aug 2026

Mahindra Racing CEO Frederic Bertrand has stated that while Indian reserve driver Kush Maini has the potential to become a Formula E driver, the team will not compromise its competitive ambitions for nationality.

Shivakumar minister Nagendra quits again amid Valmiki scam heat

Shivakumar minister Nagendra quits again amid Valmiki scam heat

Rediff.com3 days ago

For the second time in two years, Karnataka minister B Nagendra resigned from the state Cabinet on Friday amid the Opposition heat over his alleged involvement in the Rs 89 crore Valmiki Corporation scam.

Why Are National Chess Champions Ignored?

Why Are National Chess Champions Ignored?

Rediff.com3 days ago

If winning the National Championship does not help a player make the national team, what exactly is the value of becoming India's national champion?

Shiprocket's Rs 1,617.5-cr IPO subscribed 99.38 times on final day

Shiprocket's Rs 1,617.5-cr IPO subscribed 99.38 times on final day

Rediff.com14 Aug 2026

The initial public offering (IPO) of e-commerce enablement platform Shiprocket Ltd was subscribed an impressive 99.38 times on its final day of bidding, attracting bids for over 9.38 billion shares against 94.43 million on offer.

Court Reserves Order On Bail Plea For Ex-CM's Gunmen

Court Reserves Order On Bail Plea For Ex-CM's Gunmen

Rediff.com6 Jun 2026

An Alappuzha court has reserved its order on the anticipatory bail petitions of three gunmen of former Kerala Chief Minister Pinarayi Vijayan, who are accused in an assault case involving Youth Congress workers during the Nava Kerala Sadas programme in December 2023. The incident led to the formation of a Special Investigation Team (SIT) by the new UDF government.

India's Balance of Payments Deficit Expands to $8.1 Billion in Q1FY27

India's Balance of Payments Deficit Expands to $8.1 Billion in Q1FY27

Rediff.com15 Aug 2026

India's balance of payments (BoP) recorded an $8.1 billion deficit in the first quarter of 2026-27 (Q1FY27), a significant increase from a $4.5 billion surplus in the corresponding period of the previous year, primarily driven by a sharp reversal in portfolio flows.

Gold prices increasingly driven by inflation, monetary policy, not just war: Report

Gold prices increasingly driven by inflation, monetary policy, not just war: Report

Rediff.com10 Aug 2026

A new report by Motilal Oswal Financial Services Ltd (MOFSL) indicates that inflation, interest rates, and monetary policy have become more significant drivers of gold prices than traditional geopolitical conflicts, with markets increasingly focusing on these economic factors.

How UPI Revolutionised India's Digital Payments Ecosystem

How UPI Revolutionised India's Digital Payments Ecosystem

Rediff.com7 days ago

The Unified Payments Interface (UPI) has completed a decade since its launch, becoming the backbone of India's digital payments ecosystem. It has seen exponential growth in transaction volume and value, expanding financial inclusion and setting a global benchmark for real-time payments.

Wholesale Price Inflation Eases to 9.78% in July, Driven by Fuel and Food Price Moderation

Wholesale Price Inflation Eases to 9.78% in July, Driven by Fuel and Food Price Moderation

Rediff.com14 Aug 2026

India's wholesale price index (WPI) inflation marginally eased to 9.78 per cent in July 2026, down from 9.87 per cent in June, primarily due to a cooling in the prices of fuel, power, and food items, marking the first month-on-month drop under the new 2022-23 base year.

Google Asked To Urgently Remove Fake Bank Web Sites

Google Asked To Urgently Remove Fake Bank Web Sites

Rediff.com22 Aug 2026

Phishing sites mimicked SBI, ICICI Bank and Axis Bank to steal card details and OTPs.

Vande Mataram: Sharmila Tagore Vs Kangana Ranaut

Vande Mataram: Sharmila Tagore Vs Kangana Ranaut

Rediff.com21 Aug 2026

Actor-MP Kangana Ranaut and movie legend Sharmila Tagore are embroiled in a public debate over Vande Mataram.

RBI MPC members hint at rate hikes as inflation risks persist

RBI MPC members hint at rate hikes as inflation risks persist

Rediff.com20 Aug 2026

Members of the Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) have indicated that interest rate hikes may be necessary sooner rather than later, as headline inflation is projected to rise from its current benign levels in the coming months, according to the minutes of the August review.

Wild Elephant Attacks Injure Three In Kerala; State Forms Special Reserve Force

Wild Elephant Attacks Injure Three In Kerala; State Forms Special Reserve Force

Rediff.com11 Jun 2026

Three people were injured in two suspected wild elephant attacks in Palakkad, Kerala. These incidents follow two recent fatalities in Wayanad and Idukki. In response, the Kerala government has decided to establish a 500-member Special Reserve Force to mitigate human-wildlife conflict.

Govt Nods Polymer Banknote Trials for Rs 10 and Rs 20 Denominations

Govt Nods Polymer Banknote Trials for Rs 10 and Rs 20 Denominations

Rediff.com11 Aug 2026

The Indian government has approved the introduction of one billion polymer banknotes in Rs 10 and Rs 20 denominations for field trials, aiming to enhance durability. This move comes as the Finance Minister also addressed Parliament on declining retail inflation, GST reforms, and other fiscal measures taken to support the economy and household consumption.

New 'boss' scam to dupe corporate employees busted

New 'boss' scam to dupe corporate employees busted

Rediff.com18 Aug 2026

Ahmedabad Cyber Crime Branch has uncovered a Rs 1.5 crore WhatsApp fraud, leading to the arrest of two key SIM and OTP suppliers in West Bengal. The investigation revealed a sophisticated international cybercrime network spanning China, Pakistan, India, and Hong Kong, operating a "boss scam" and utilizing a "Cybercrime as a Service" model. Police recovered a significant portion of the defrauded amount and secured thousands of devices.

How AI Is Revolutionising Advertising For Indian Small Businesses

How AI Is Revolutionising Advertising For Indian Small Businesses

Rediff.com20 Aug 2026

A study by Amazon Ads reveals that nearly 87% of Indian small and medium businesses (SMBs) believe AI has opened up new advertising opportunities, including streaming TV. The research indicates that 75% of surveyed SMBs attribute business growth to AI-enabled advertising, with 68% noting increased creativity. AI is also facilitating international trade for 59% of businesses, though human oversight remains crucial in decision-making.

Polymer rupee notes may be a reality in FY28

Polymer rupee notes may be a reality in FY28

Rediff.com5 Aug 2026

RBI Governor Sanjay Malhotra announced plans to launch long-lasting polymer currency notes by the next financial year. He also discussed the central bank's data-dependent approach to interest rates, its focus on aligning inflation with the 4 per cent target, and the orderly trajectory of the rupee amidst geopolitical tensions.

Fitch affirms India's 'BBB-' rating, flags debt and youth unemployment

Fitch affirms India's 'BBB-' rating, flags debt and youth unemployment

Rediff.com12 Aug 2026

Fitch Ratings has affirmed India's sovereign credit rating at 'BBB-' with a stable outlook, acknowledging robust growth prospects and strong external finances. However, the agency highlighted concerns over elevated government debt, lagging structural metrics, and potential fiscal spending pressures due to rising youth unemployment.

Disha Patani Loves To Take A Plunge!

Disha Patani Loves To Take A Plunge!

Rediff.com18 Aug 2026

Disha Patani has never been one to shy away from a plunging neckline. In fact, deep necks seem to be one of the Awarapan 2 actress' favourite ways to make a fashion statement, and she wears them with the kind of confidence that makes the look feel effortlessly glamorous.

Gold, silver prices to remain range-bound as US jobs data, Fed cues awaited

Gold, silver prices to remain range-bound as US jobs data, Fed cues awaited

Rediff.com2 Aug 2026

Gold and silver prices are expected to remain range-bound this week as investors await crucial US economic data, including the non-farm payrolls report, and further signals from the Federal Reserve regarding its interest rate policy.

Crude oil, West Asia developments, inflation data to dictate market trends this week

Crude oil, West Asia developments, inflation data to dictate market trends this week

Rediff.com9 Aug 2026

Analysts predict that crude oil prices, geopolitical tensions in West Asia, and upcoming inflation data will be the primary drivers of the Indian stock market this week, alongside foreign investor activity and domestic quarterly earnings.

Woman Killed In Tiger Attack Near Bandhavgarh Reserve

Woman Killed In Tiger Attack Near Bandhavgarh Reserve

Rediff.com24 May 2026

A tiger strayed into a residential area near the Bandhavgarh Tiger Reserve in Madhya Pradesh, killing a woman and injuring four others. The incident sparked protests by villagers who accused forest officials of negligence.

Students Abroad: Simple Indian Recipes

Students Abroad: Simple Indian Recipes

Rediff.com21 Aug 2026

Living away from home can be tough, especially if you have to cook on your own or rely on takeaways. Simple solutions for you!

7 Mansa Devi Temples In India

7 Mansa Devi Temples In India

Rediff.com17 Aug 2026

Maa Mansa Devi, revered as the Hindu goddess of serpents, is worshipped for protection from snakebites, fertility and prosperity. She is also popularly known as the wish-fulfilling goddess. In Hindu mythology, Mansa is associated with sage Kashyapa and is regarded as the sister of Vasuki, the serpent king.

Arson, petrol bomb attacks on govt offices reported across Meghalaya

Arson, petrol bomb attacks on govt offices reported across Meghalaya

Rediff.com21 Aug 2026

Meghalaya is experiencing escalating tensions marked by arson and petrol bomb attacks on government properties, following violence during a Khasi Students' Union rally. The incidents are linked to an inter-state taxi standoff with Assam, leading to deployment of central forces and calls for peace from chief ministers.

Coal India, ArcelorMittal Nippon Steel Ink MoU For Odisha Gasification Plant

Coal India, ArcelorMittal Nippon Steel Ink MoU For Odisha Gasification Plant

Rediff.com12 Aug 2026

State-owned Coal India Ltd (CIL) and ArcelorMittal Nippon Steel India (AMNS) have signed an MoU to explore setting up a coal gasification plant near AMNS's Paradip pellet plant in Odisha. This initiative aims to produce synthesis gas for cleaner steel production, reduce reliance on imported fuels, and align with India's goal of gasifying 100 million tonnes of coal by 2030, supported by a Rs 37,500-crore government incentive scheme.