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.
Indian equity benchmark indices Sensex and Nifty experienced a significant tumble in early trade, with the Sensex tanking nearly 700 points, driven by uncertainty surrounding US-Iran negotiations, a fresh spike in crude oil prices, and persistent foreign fund outflows.
Iga Swiatek's French Open campaign ended in a stunning defeat to Marta Kostyuk, adding to the series of upsets at Roland Garros.
Iranian Foreign Ministry spokesperson Esmail Baghaei stated that Iran is instead working with Oman to establish a mechanism for the safe passage of ships through the Strait.
"There is a sharp jump that we have seen in bookings of EVs... The jump, at least in our case, in just two months, it is about 2 to 2.5 times of what it used to be"
'Since Ram Charan is such a big actor, I was a little apprehensive initially. My character (in the film) comes from a high caste but his does not. So I was in two minds, how would he take it?'
Russian President Vladimir Putin is set to visit China for talks with Chinese leader Xi Jinping, shortly after US President Donald Trump's visit to Beijing. The visit underscores the close strategic ties between China and Russia amid global tensions.
US President Donald Trump indicated that a peace deal with Iran is possible, but stressed that military action remains an option if talks fail. He emphasised the need for guarantees against nuclear weapons in any agreement.
In the latest Rediff series exploring non-traditional careers, Sandeep Goel, professor and dean-research at MDI, Gurgaon lists a range of high-growth finance careers beyond CA, CS, and MBA degrees.
US Secretary of State Marco Rubio says relations between India and the US have not lost momentum and are set to strengthen, with hopes for a trade deal soon.
Indian benchmark indices Sensex and Nifty closed marginally lower due to profit-taking, following the Reserve Bank of India's decision to keep the repo rate unchanged while lowering its growth expectations for the current fiscal year and forecasting higher inflation.
'Once the currency goes out of the hand, then possibly your major challenge is that it will not come back.'
India will tour New Zealand for a record 12-match series in late 2026, featuring five T20Is, five ODIs and two Tests, with NZC expecting packed stadiums throughout the marquee contest.
Sunscreen is non-negotiable in summer, but honestly, the right sunglasses are what truly complete the hot girl survival kit.
Sunscreen is non-negotiable in summer, but honestly, the right sunglasses are what truly complete the hot girl survival kit.
US President Donald Trump has dismissed media reports suggesting that diplomatic negotiations between Washington and Tehran have stalled, maintaining that dialogue persists despite intensifying geopolitical friction across the Middle East.
Iranian Foreign Minister Abbas Araghchi is in India for a BRICS foreign ministers' meeting, where discussions will focus on the escalating crisis in West Asia and its impact on global energy supply chains.
Indian benchmark equity indices, the BSE Sensex and NSE Nifty, experienced a significant drop in early trade due to elevated oil prices, weak global market trends, and renewed fears of military operations in the Middle East following US President Donald Trump's statements regarding Iran. Track Sensex, Nifty on May 20.
rediffGURU Pradeep Pramanik, a career coach, placement consultant and director at Fast Track Career Consultants, guides aspirants on how to pick the right career stream and college after the IIT-Joint Entrance Exam.
Union Minister Nitin Gadkari has called for Indian companies to form joint ventures with US companies to leverage new technologies, while also expressing an ambitious target to make India's automobile industry the world's number one within five years.
After spending 31 months in Chennai's Puzhal prison, Ahmed Buhari is finally breathing free, as courts across the country quashed proceedings linked to his group company Coastal Energy.
Jannik Sinner's bid for a maiden French Open title and career Grand Slam went up in smoke as he experienced physical issues in his second-round match against Juan Manuel Cerundolo and fell to a 3-6, 2-6, 7-5, 6-1, 6-1 defeat on a scorching Thursday.
Petrol and diesel prices in India have seen their fourth increase in less than two weeks, pushing cumulative hikes to nearly Rs 7.5 per litre since May 15, reaching their highest levels since May 2022. This surge, driven by global crude oil costs and the Iran conflict, is expected to exacerbate inflationary pressures and raise transportation costs across the economy.
Markets face risk of a prolonged bear phase as oil shocks and geopolitical tensions test inflation, growth and investor confidence globally, points out Debashis Basu.
Cricket legend Sachin Tendulkar visited the SRT10 Altevol Centre of Excellence Sports Academy in Ahmedabad, inspiring young athletes and encouraging them to embrace discipline and the joy of learning through sport.
A high-stakes memorandum for a 60-day ceasefire between the United States and Iran is in its final stages, with negotiators working to close remaining gaps and avert further escalation in the region, including reopening of the Strait of Hormuz and the resumption of Iranian oil sales, according to an Axios report citing US officials.
Indian benchmark indices Sensex and Nifty climbed in early trade, driven by a significant drop in crude oil prices following reports of a potential 60-day ceasefire extension between the US and Iran, coupled with positive global market trends and buying in IT stocks.
If one has to compare the tenures of the two prime ministers one must credit Nehru with laying the foundations on which Modi is building a grand edifice, asserts Colonel Anil A Athale (retd).
The US has seized an oil tanker, 'Skywave', linked to Iran in the Indian Ocean, as part of efforts to disrupt Iran's oil shipments and enforce sanctions. The vessel was part of a network transporting sanctioned Iranian crude oil, with the seizure occurring amid heightened tensions between Washington and Tehran.
India abstained from voting on a UN General Assembly resolution concerning climate change obligations, citing concerns that it undermines the United Nations Framework Convention on Climate Change (UNFCCC). India believes climate obligations should be negotiated through the UN climate framework, emphasising differentiated responsibilities.
rediffGURU Pankaj Vyavahare, career counsellor and life coach at the Bhagirath Counselling Centre, counsels students on how to make informed career choices.
Insights from behavioural economics suggest that an ambitious nudge can be effective if three conditions are met, points out Ram Singh Insights from behavioural economics suggest that an ambitious nudge can be effective if three conditions are met, points out Ram Singh, director, Delhi School of Economics.
Royal Challengers Bengaluru secured their second IPL title, with captain Rajat Patidar emphasising the team's dominant performance throughout the season.
Made in India: A Titan Story chronicles the history of the homegrown watch brand Titan, highlighting its journey from challenging a conservative market to becoming a successful consumer brand, driven by the vision of Xerxes Desai and the mentorship of J R D Tata.
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.
Haryana Chief Minister Nayab Singh Saini criticised the AAP government in Punjab, alleging unfulfilled promises, deteriorating law and order, and a failed anti-drug campaign. He also highlighted the welfare initiatives of Haryana's 'double-engine' government and expressed confidence in the BJP's future prospects in Punjab.
A new study reveals that evening caffeine consumption can impact sleep quality by reducing slow-wave activity, even if sleep duration appears normal. Researchers used EEG to analyse brain activity during sleep, finding that caffeine can shift the brain towards a more wakeful state, hindering restorative sleep.
Manchester's Etihad Stadium turned into a tribute to Pep Guardiola -- the man who transformed both the club and English football over his glittering decade as boss.
MEA spokesperson Randhir Jaiswal said India's energy decisions are guided by national interest.
With all the talent involved, Bandar does look like it's aiming for something wild and exciting, notes Mayur Sanap.
