Search results for 'India Reserve'

Net FDI turned positive in Feb after 6 months

Net FDI turned positive in Feb after 6 months

Rediff.com24 Apr 2026

India's net foreign direct investment (FDI) recorded a positive $4.6 billion in February, breaking a six-month streak of negative figures, attributed to increased gross inflows and reduced repatriations, according to the Reserve Bank of India.

Petrol, Diesel Prices Hiked by Rs 3/Litre Amid Surging Crude Costs

Petrol, Diesel Prices Hiked by Rs 3/Litre Amid Surging Crude Costs

Rediff.com15 May 2026

Petrol and diesel prices have been increased by Rs 3 per litre each, marking the first hike in over four years, as state-run fuel retailers pass on some of the impact from surging global crude prices, which have been exacerbated by the Iran war.

Vaishnavi Adkar Joins India's Billie Jean King Cup Squad

Vaishnavi Adkar Joins India's Billie Jean King Cup Squad

Rediff.com3 Mar 2026

Vaishnavi Adkar, following her recent success, has been selected for the Indian team participating in the Billie Jean King Cup Asia/Oceania Group I tie.

RBI net-bought $7.4 bn in Feb, highest since Mar '25

RBI net-bought $7.4 bn in Feb, highest since Mar '25

Rediff.com24 Apr 2026

The Reserve Bank of India (RBI) net-bought $7.4 billion from the spot foreign exchange market in February, its highest buy since March 2025, before heavily intervening by selling dollars in March as the rupee declined over 4 per cent following a spike in crude oil prices.

Opposition gears up for showdown with govt over delimitation

Opposition gears up for showdown with govt over delimitation

Rediff.com16 Apr 2026

The Indian government and opposition parties are set for a showdown in Parliament over a Constitution amendment bill concerning the implementation of the women's quota law and the delimitation exercise. The Opposition is concerned about the potential impact of delimitation on the political representation of southern states.

Budget Session may be extended to increase Lok Sabha seats to 816

Budget Session may be extended to increase Lok Sabha seats to 816

Rediff.com1 Apr 2026

The Indian Parliament is expected to extend its budget session to introduce a bill increasing Lok Sabha seats to 816, reserving 273 for women, and amending the women's reservation law.

My Friend, Chief Minister V D Satheesan

My Friend, Chief Minister V D Satheesan

Rediff.com22 May 2026

'The most enduring part of Satheesan's personality is he is good at heart. That is the reason why everybody, from the old to small children, get attracted to him.'

UPI Transactions Soar To 314 Lakh Crore In FY26

UPI Transactions Soar To 314 Lakh Crore In FY26

Rediff.com30 Apr 2026

Unified Payments Interface (UPI) has reached a record Rs 314 lakh crore in transaction value in FY26, representing more than a 4,000-fold increase since inception.

Exporters' body flags rising freight costs, seeks liquidity help from RBI

Exporters' body flags rising freight costs, seeks liquidity help from RBI

Rediff.com18 Apr 2026

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.

Modi Slams TMC For 'PhD In Looting' In West Bengal

Modi Slams TMC For 'PhD In Looting' In West Bengal

Rediff.com19 Apr 2026

Prime Minister Narendra Modi criticised the ruling TMC in West Bengal, alleging corruption and appeasement politics, while promoting the BJP's development agenda ahead of the assembly elections.

West Bengal Approves Ayushman Bharat, Land Transfer For Border Fencing

West Bengal Approves Ayushman Bharat, Land Transfer For Border Fencing

Rediff.com11 May 2026

West Bengal's new government, led by Chief Minister Suvendu Adhikari, has approved several key policy changes, including the implementation of the Ayushman Bharat health scheme, land transfer for border fencing, and the adoption of new criminal laws.

Banking system liquidity improves to 4-yr high on back of Gsec maturities

Banking system liquidity improves to 4-yr high on back of Gsec maturities

Rediff.com17 Apr 2026

The Indian banking system's net liquidity surplus has reached a four-year high of Rs 4.57 trillion, driven by maturing government securities, with further maturities expected to push the surplus to around 5 trillion.

Paytm Reassures RBI Action Has No Financial Impact

Paytm Reassures RBI Action Has No Financial Impact

Rediff.com25 Apr 2026

Paytm (One 97 Communications Ltd) has stated that the Reserve Bank of India's action on Paytm Payments Bank Ltd (PPBL) has no financial or business impact on the company. The fintech firm clarified it has no material business arrangements or exposure with the banking entity, which operates independently.

RBI Simplifies E-Mandate Rules For Reissued Cards

RBI Simplifies E-Mandate Rules For Reissued Cards

Rediff.com21 Apr 2026

The Reserve Bank of India has updated its e-mandate framework, allowing card issuers to map existing mandates to reissued cards and clarifying rules around transaction limits and customer grievance redressal.

Bengal govt approves land transfer to BSF, joins Ayushman Bharat

Bengal govt approves land transfer to BSF, joins Ayushman Bharat

Rediff.com11 May 2026

The West Bengal government, led by Chief Minister Suvendu Adhikari, has announced the implementation of several key administrative and policy measures, including the adoption of the Ayushman Bharat health scheme, land transfer to the BSF for border fencing, and the implementation of the BNS criminal law.

West Bengal To Adopt Ayushman Bharat, BNS Criminal Law

West Bengal To Adopt Ayushman Bharat, BNS Criminal Law

Rediff.com11 May 2026

The West Bengal government, led by Chief Minister Suvendu Adhikari, has announced the implementation of several key administrative and policy measures, including the adoption of the Ayushman Bharat health scheme, land transfer to the BSF for border fencing, and the implementation of the BNS criminal law.

Did Modi violate poll code? EC to examine complaint

Did Modi violate poll code? EC to examine complaint

Rediff.com21 Apr 2026

The Election Commission will examine a complaint filed by opposition parties alleging that Prime Minister Narendra Modi's address to the nation violated the Model Code of Conduct for elections.

Parliament adjourns sine die, Budget Session ends

Parliament adjourns sine die, Budget Session ends

Rediff.com18 Apr 2026

Both Houses of Parliament were adjourned sine die, concluding a Budget session marked by the passage of key legislations and the defeat of a Constitution amendment bill on women's reservation. The session saw frequent opposition protests and discussions on various issues, including the West Asia conflict.

Ex-Bank GM Denied Bail in Rs 122 Crore Scam Case

Ex-Bank GM Denied Bail in Rs 122 Crore Scam Case

Rediff.com9 Apr 2026

A Mumbai court has denied bail to Hitesh Mehta, the former General Manager of New India Cooperative Bank, who is accused of orchestrating a Rs 122 crore scam. The court cited the severity of the economic offence and the complexity of the trial as reasons for the denial.

Ex-RBI Employee Murdered In Delhi Home: Police Investigate

Ex-RBI Employee Murdered In Delhi Home: Police Investigate

Rediff.com19 Apr 2026

A 63-year-old retired Reserve Bank of India (RBI) employee was allegedly stabbed to death inside his residence in Delhi's Mandir Marg area. Police have launched an investigation and are exploring all possible motives.

SCARY! Weak Monsoon Threatens Water Security

SCARY! Weak Monsoon Threatens Water Security

Rediff.com24 Apr 2026

'Monsoon is the pran (life) of our water system.' 'A weak monsoon will have a very negative impact on crops and people's lives.'

Forex reserves rise by $1.49 bn to $695.1 bn

Forex reserves rise by $1.49 bn to $695.1 bn

Rediff.com22 Aug 2025

India's forex reserves rose by $1.49 billion to $695.106 billion during the week ended August 15, according to RBI data released on Friday. In the previous reporting week, the overall reserves had increased by $4.75 billion to $693.62 billion.

Delhi Couple Arrested For Murder Of Retired RBI Staff

Delhi Couple Arrested For Murder Of Retired RBI Staff

Rediff.com20 Apr 2026

A husband and wife have been arrested in Delhi for allegedly murdering a retired Reserve Bank of India employee after he refused to lend them money.

Gulf War: Time India Distances Itself From Israel

Gulf War: Time India Distances Itself From Israel

Rediff.com31 Mar 2026

It may now be time to question the price India is paying for Israel's disregard of the serious undermining of India's energy security, asserts former foreign secretary Shyam Saran.

UPI transactions dip 1.7% by value in April after record March

UPI transactions dip 1.7% by value in April after record March

Rediff.com2 May 2026

Unified Payments Interface (UPI) transaction value and volume saw a slight month-on-month dip in April after record highs in March, but daily transaction volumes increased, indicating sustained growth in digital payments across India.

Kanpur Police Nab Mastermind Of Rs 3,200 Crore Fake Firm Racket

Kanpur Police Nab Mastermind Of Rs 3,200 Crore Fake Firm Racket

Rediff.com7 May 2026

Police in Kanpur have arrested a suspected mastermind behind a network of fake firms, forged documents, and suspected hawala transactions worth over Rs 3,200 crore.

Affordable housing may lose more ground as costs rise

Affordable housing may lose more ground as costs rise

Rediff.com5 May 2026

The ongoing West Asia conflict is expected to severely impact the supply of affordable housing in India, as rising input costs further erode already thin developer margins. Fluctuations in crude oil and gas prices, coupled with higher freight costs, are driving up prices of essential construction materials like cement and steel, making new projects increasingly unviable for developers.

8 Of India's Most Famous Eidgahs

8 Of India's Most Famous Eidgahs

Rediff.com19 Mar 2026

A space designated or reserved for communal Eid day prayers, year after year is called an Eidgah or an Idgah and many an Indian city has a landmark, historic Eidgah.

'Equity Investing In Good Shape And Fashionable As Ever!'

'Equity Investing In Good Shape And Fashionable As Ever!'

Rediff.com29 Apr 2026

'In India's case, an extended earnings slowdown accompanied by rich valuations have dimmed returns since late 2024.'

Why Government Wanted To Rush Delimitation Bill

Why Government Wanted To Rush Delimitation Bill

Rediff.com21 Apr 2026

'The reason why they rushed through the bill was they wanted to avoid using the 2026 Census because the 2026 Census by their own decision will be a caste census.' 'The BJP knows that a significant share of the OBCs who will get captured in the census, for the first time after the 1931 Census, are against the BJP. Only a segment of the OBCs are in their favour.' 'So they wanted to avoid the OBC reservation among women, which is a demand of a lot of Opposition parties.'

Uniform Civil Code, One Nation One Election BJP's unfinished agenda: Modi

Uniform Civil Code, One Nation One Election BJP's unfinished agenda: Modi

Rediff.com6 Apr 2026

Prime Minister Narendra Modi addressed the BJP's 47th Foundation Day, highlighting the Uniform Civil Code and 'One Nation, One Election' as key unfinished agendas. He also reaffirmed the party's commitment to implementing women's reservation in the 2029 elections and criticised dynastic politics.

RBI mandates faster credit of inward remittances

RBI mandates faster credit of inward remittances

Rediff.com10 Apr 2026

The Reserve Bank of India (RBI) has introduced stricter timelines for banks to process inward cross-border remittances, aiming to reduce delays in crediting funds to beneficiaries by mandating immediate customer intimation and more frequent nostro account reconciliation.

How Paytm's Separation From PPBL Secured Its Future

How Paytm's Separation From PPBL Secured Its Future

Rediff.com29 Apr 2026

Following regulatory action against Paytm Payments Bank Ltd (PPBL), Paytm strategically separated its core operations, a move praised by analysts for preserving business continuity and governance. This separation has enabled Paytm to sustain growth and improve profitability.

'To ease pressure': Trump on Russian oil waiver to India

'To ease pressure': Trump on Russian oil waiver to India

Rediff.com8 Mar 2026

When asked about Bessent's announcement allowing certain Russian oil sales to India and whether the US is considering any other moves, including tapping the Strategic Petroleum Reserve (SPR), Trump said, "If there were some, I would do it just to take a little of the pressure off."

Tata Steel to gain from India growth, lower global costs

Tata Steel to gain from India growth, lower global costs

Rediff.com28 Mar 2026

Tata Steel is strategically positioned for growth, leveraging India's robust steel demand, significant cost transformation programmes, and favourable protectionist policies in the EU and UK. The company is expanding its India capacity and optimising operations in its European units to enhance profitability and reduce debt.

Rupee likely to stabilise at 92-93 per dollar: EAC-PM chairman

Rupee likely to stabilise at 92-93 per dollar: EAC-PM chairman

Rediff.com9 Apr 2026

S Mahendra Dev, chairman of the Economic Advisory Council to the Prime Minister, expressed confidence that the rupee would stabilise around the 92-93 level against the US dollar, despite geopolitical tensions, and that foreign investment flows would return.

How TN defeated Constitution Amendment Bill

How TN defeated Constitution Amendment Bill

Rediff.com17 Apr 2026

Tamil Nadu Chief Minister M K Stalin celebrated the defeat of the Constitution Amendment Bill in the Lok Sabha, emphasising the unity of the south and the triumph of democracy. The bill aimed to implement reservation for women in legislatures in 2029 and increase Lok Sabha seats. Stalin criticised the bill as weakening the balance of the union and asserted Tamil Nadu's commitment to justice, dignity, and federalism.

Still Want To Buy Gold? 5 Tips To Reduce Your Cost

Still Want To Buy Gold? 5 Tips To Reduce Your Cost

Rediff.com15 May 2026

With duties at 15%, GST at 3%, and making charges running as high as 20% -- the gap between a smart purchase and a careless one can easily be Rs 30,000 to Rs 50,000 on every Rs 1 lakh invested. And most of that gap is entirely avoidable. Ramalingam Kalirajan explains the math.

Karandeep Kochhar Expresses Concern Over LIV Golf Funding

Karandeep Kochhar Expresses Concern Over LIV Golf Funding

Rediff.com7 May 2026

Indian golfer Karandeep Kochhar voices concerns about the uncertainty surrounding LIV Golf-backed funding and its potential impact on the Asian Tour and Indian golf.

RBI Projects 6.9% GDP Growth Amid Global Uncertainties

RBI Projects 6.9% GDP Growth Amid Global Uncertainties

Rediff.com8 Apr 2026

The Reserve Bank of India (RBI) has projected a 6.9 per cent GDP growth for the current financial year, citing concerns over commodity prices and supply chain disruptions stemming from the West Asia crisis.