News for '-rupee'

GST Rate Cut Paints India's Art Landscape In Brighter Colours

GST Rate Cut Paints India's Art Landscape In Brighter Colours

Rediff.com4 Oct 2025

'High taxes have kept away art collectors who will now embrace the new GST.'

3 key drivers for the markets this week

3 key drivers for the markets this week

Rediff.com21 Sep 2025

The decision to hike US H-1B visa application fee to $100,000, trade talks and the GST rate cut will be the key drivers for stock market movement this week, analysts said.

Robin Uthappa grilled by ED for 8 hours!

Robin Uthappa grilled by ED for 8 hours!

Rediff.com22 Sep 2025

The Enforcement Directorate questioned Robin Uthappa for over eight hours and recorded his statement in a money laundering case linked to online betting app.

Indian rupee fared better than currencies of Canada, Korea, Brazil: S

Indian rupee fared better than currencies of Canada, Korea, Brazil: S

Rediff.com31 Jan 2025

The Indian rupee depreciated a modest 2.9 per cent in the first nine months of the current fiscal, performing better than other currencies like the Canadian Dollar, South Korean Won and the Brazilian Real, according to the Economic Survey tabled in Parliament on Friday. The value of the Indian Rupee (INR) is market-determined, with no target or specific level or band.

Gold, silver log record gains in H1 FY26 amid US economic uncertainties

Gold, silver log record gains in H1 FY26 amid US economic uncertainties

Rediff.com1 Oct 2025

Owing to uncertainties on higher inflation and muted growth in the United States (US), coupled with concerns around America's rising debt and tariffs imposed by President Donald Trump, the world's largest economy has become the epicentre of an unabated record rally in prices of precious metals.

7 Countries Where the Indian Rupee Scores!

7 Countries Where the Indian Rupee Scores!

Rediff.com7 Dec 2024

Here are 7 countries where Indian Rupee has a higher value, making them best destinations for Indian travelers looking for a budget-friendly trip

BCCI approves Rs 1 lakh aid for cricketers' widows

BCCI approves Rs 1 lakh aid for cricketers' widows

Rediff.com25 Aug 2025

The Indian Cricketers' Association will introduce a one-time benefit of Rs 1 lakh for the spouses of deceased members after the BCCI approved its disbursal.

Who prevented military action after 26/11, asks Modi citing Chidambaram

Who prevented military action after 26/11, asks Modi citing Chidambaram

Rediff.com9 Oct 2025

Prime Minister Narendra Modi on Wednesday asked the Congress to tell the nation who prevented India's military response after the 26/11 Mumbai terror attacks linked to Pakistan, and accused the party of weakening the fight against terrorism when in power.

ED questions Shikhar Dhawan for 8 hours

ED questions Shikhar Dhawan for 8 hours

Rediff.com4 Sep 2025

The Enforcement Directorate has summoned Shikhar Dhawan on Thursday for questioning in an alleged illegal betting app-linked money laundering case.

Chaitanyananda behind bars, but his grip of fear stays on campus

Chaitanyananda behind bars, but his grip of fear stays on campus

Rediff.com28 Sep 2025

The arrest of Swami Chaitanyananda Saraswati in Agra has brought relief to his alleged victims, but concerns remain about the long road to justice and the possibility of his influence affecting the case.

FPIs withdraw close to Rs 18,000 cr from equities in Aug

FPIs withdraw close to Rs 18,000 cr from equities in Aug

Rediff.com10 Aug 2025

Foreign investors have pulled out nearly Rs 18,000 crore from Indian equities so far this month, weighed down by escalating US-India trade tensions, disappointing first-quarter corporate earnings, and a weakening Indian rupee. With this, the total outflow by Foreign Portfolio Investors (FPIs) in equities has reached Rs 1.13 lakh crore so far in 2025, according to data from the depositories.

Indian economy to grow at 6.5% in FY26; US tariffs to weigh on exports: ADB

Indian economy to grow at 6.5% in FY26; US tariffs to weigh on exports: ADB

Rediff.com30 Sep 2025

Despite a strong 7.8 per cent growth in the first quarter, the Indian economy is expected to grow at 6.5 per cent in the current financial year as the impact of US tariffs on Indian exports will reduce prospects, particularly in the second half, ADB said on Tuesday.

ED records Yuvraj's statement in online betting app case

ED records Yuvraj's statement in online betting app case

Rediff.com23 Sep 2025

Yuvraj Singh on Tuesday appeared before the Enforcement Directorate (ED) for questioning in a money laundering case linked to an online betting app named 1xBet.

Mumbai's Mount Mary Shines After Restoration

Mumbai's Mount Mary Shines After Restoration

Rediff.com25 Aug 2025

Mumbai's Mount Mary basilica reopens after two years.

How India Let Sri Lanka Steal Its Tea Crown

How India Let Sri Lanka Steal Its Tea Crown

Rediff.com2 Oct 2025

India, the land that gave the world Darjeeling and Assam tea, risks losing its place at the global tea table, not because of its leaves, but because of its lost opportunities, notes Kanika Datta.

'Lot of bidders' to sponsor Team India's new jersey

'Lot of bidders' to sponsor Team India's new jersey

Rediff.com13 Sep 2025

BCCI's vice-president Rajiv Shukla said the Indian cricket team's new jersey sponsor will be finalised in the next two to three weeks.

Rupee Declines. Add Gold To Portfolio

Rupee Declines. Add Gold To Portfolio

Rediff.com4 Dec 2024

New investors should gradually build a 5 to 10 per cent allocation to gold.

BCCI hikes team India jersey sponsorship rates

BCCI hikes team India jersey sponsorship rates

Rediff.com5 Sep 2025

Following the government's recent Promotion and Regulation of Online Gaming Act, 2025, the BCCI promptly cancelled the contract of the Indian team's lead sponsor, Dream11.

Hotel Industry Faces Crores in GST Demands

Hotel Industry Faces Crores in GST Demands

Rediff.com29 Sep 2025

'This is not a case of tax evasion but the result of long-standing ambiguities in GST rules and unawareness.'

Illegal Betting App: Suresh Raina Appears Before ED

Illegal Betting App: Suresh Raina Appears Before ED

Rediff.com13 Aug 2025

Former India cricketer Suresh Raina is expected to appear before the Enforcement Directorate (ED) in New Delhi on Wednesday for questioning in an alleged illegal betting app-linked money laundering case, official sources said.

Higher US tariffs may trim GDP growth by 30 bps: Barclays

Higher US tariffs may trim GDP growth by 30 bps: Barclays

Rediff.com31 Jul 2025

The 25 per cent US tariffs, plus a penalty for Russian imports, could dent India's GDP growth by 30 basis points in the current fiscal, but the higher duty is unlikely to significantly affect India's domestic demand-driven economy, Barclays said on Thursday. If the 25 per cent tariff, announced by US President Donald Trump on Wednesday, is implemented from August 1, the effective average US import tariff on Indian goods will rise to 20.6 per cent in trade-weighted terms, as per Barclays estimates.

Why Parsiana Is Downing Shutters

Why Parsiana Is Downing Shutters

Rediff.com23 Sep 2025

'Financially we are sound and we have always broken even. 'It is just we don't have the personnel and that is why we have to close down.'

Rupee depreciation may push import bill by $15 bn: GTRI

Rupee depreciation may push import bill by $15 bn: GTRI

Rediff.com26 Dec 2024

The depreciation of Indian rupee against the US dollar is expected to push the country's import bill by about $15 billion, think tank GTRI said on Thursday. Compared to December last year, the Indian Rupee (INR) has depreciated 2.34 per cent against the US dollar, moving from Rs 83.25 to Rs 85.20, while the Chinese Yuan has weakened by 0.06 per cent, the Global Trade Research Initiative (GTRI) said.

TVK chief Vijay targets CM Stalin, vows to end family rule in TN

TVK chief Vijay targets CM Stalin, vows to end family rule in TN

Rediff.com20 Sep 2025

Vijay, who spoke on the fishermen issues in nearby Nagapattinam, sported a green headgear and addressed farmers' grievances and sought an answer from CM Stalin.

Sitharaman asks fintechs to strengthen risk management to check AI misuse

Sitharaman asks fintechs to strengthen risk management to check AI misuse

Rediff.com8 Oct 2025

Finance Minister Nirmala Sitharaman on Tuesday asked fintech firms to focus on risk management at a time when criminals are using AI to mimic voices, clone identities and create lifelike videos to manipulate people.

From Russia With Love

From Russia With Love

Rediff.com10 Oct 2025

Red Square and VDNKh easily rank among the most striking places I've visited -- both for their historical significance and architectural splendour.
My admiration for Russian culture, vision and ambition grew with every step as I clocked the miles, Nitin Sathe tells us after a visit to Moscow and St Petersburg.

Is Silver Still A Smart Bet?

Is Silver Still A Smart Bet?

Rediff.com17 Sep 2025

New investors should avoid short-term, tactical entries and instead go for staggered buying via ETFs to manage volatility.

Dependence India's biggest rival, solution is...: Modi amid H-1B fee hike

Dependence India's biggest rival, solution is...: Modi amid H-1B fee hike

Rediff.com20 Sep 2025

Speaking at the 'Samudra se Samruddhi' event, where he inaugurated and laid foundation stones of projects worth Rs 34,200 crore, Modi said all the problems of India have only one solution, and that is self-reliance.

Why Bharatiya Rail Will Always Have My Heart

Why Bharatiya Rail Will Always Have My Heart

Rediff.com16 Sep 2025

Indian trains remain the greatest connecters linking hearts to the last mile.

iPhone Affordability Index Reveals: Most Indians Can't...

iPhone Affordability Index Reveals: Most Indians Can't...

Rediff.com16 Sep 2025

The average Indian worker must labour for an extraordinary 160 full working days to afford Apple's latest iPhone 17 Pro.

Ex-CJ Sushila Karki sworn in as Nepal's first woman PM

Ex-CJ Sushila Karki sworn in as Nepal's first woman PM

Rediff.com13 Sep 2025

Nepal's former Chief Justice Sushila Karki is set to lead an interim government, announced by the President's office, following the resignation of prime minister K P Sharma Oli. She will be the first woman prime minister of Nepal.

Rs 11.4 trn and counting, DII buying streak continues for 25th month

Rs 11.4 trn and counting, DII buying streak continues for 25th month

Rediff.com2 Sep 2025

Domestic institutional investors (DIIs) poured in Rs 94,829 crore of fresh money into Indian equities in August, the second-highest monthly inflow after record Rs 1.07 trillion influx in October 2024.

Factors that will guide the markets this week

Factors that will guide the markets this week

Rediff.com31 Aug 2025

Equity markets this week would keenly track the upcoming GST Council meeting, macroeconomic data announcements and trading activity of foreign investors for further movement, analysts said. Moreover, developments related to tariff negotiations, global market trends and auto sales data would also drive investors' sentiment.

Why the Same 10,000 Invested Can Lead to Two Very Different Futures?

Why the Same 10,000 Invested Can Lead to Two Very Different Futures?

Rediff.com16 Sep 2025

This is how two people with the same starting amount can end up in very different financial places. In this article, let's understand what lessons can be drawn for anyone starting out!

11 Sebi Rules That Can Supercharge Your MFs Returns

11 Sebi Rules That Can Supercharge Your MFs Returns

Rediff.com29 Sep 2025

SEBI's blockbuster reforms are rewriting the rules of mutual fund investing -- faster growth, sharper transparency, and smarter safeguards that put investors first, explains Ramalingam Kalirajan.

US tariffs threaten to derail India's affordable housing market recovery

US tariffs threaten to derail India's affordable housing market recovery

Rediff.com12 Aug 2025

The US's recent 50 per cent tariff on Indian exports will have a trickledown effect on India's affordable housing, potentially derailing demand as well as supply in this segment, according to experts. Pointing to worker incomes and jobs in micro, small and medium enterprises (MSMEs), and small and medium enterprises (SMEs) that typically make up majority of the customer base of affordable housing, would take a hit in the near terms due to the tariff change, further crippling India's affordable housing sector, already reeling from the impact of the Covid-19 pandemic.

Do Gold and Index ETFs Actually Deliver?

Do Gold and Index ETFs Actually Deliver?

Rediff.com23 Aug 2025

When we talk about Exchange-Traded Funds (ETFs), a few of their features that strike our mind are their low cost, easy-to-understand composition, and simple trading. While Index ETFs have always been popular among investors, Gold ETFs have garnered interest in recent years due to gold prices fluctuating near their all-time highs. But from a long-term investing context, do these ETFs really deliver?

Microcap Investing: Play Small, Think Long

Microcap Investing: Play Small, Think Long

Rediff.com6 Sep 2025

'Such stocks may be useful for aggressive portfolios, but should not be part of the core holdings.'

FPIs dump equities worth Rs 21,000 cr in first half of Aug

FPIs dump equities worth Rs 21,000 cr in first half of Aug

Rediff.com17 Aug 2025

Foreign investors offloaded Indian equities worth nearly Rs 21,000 crore in the first half of August, pressured by US-India trade tensions, lacklustre first-quarter corporate earnings, and a weakening rupee.

Textile hub Tiruppur threads a recovery on sliding rupee as exports surge

Textile hub Tiruppur threads a recovery on sliding rupee as exports surge

Rediff.com14 Jan 2025

In the shadows of a sliding rupee, India's knitwear hub Tiruppur is weaving a success story. While the domestic currency edges closer to the 86 mark against the US dollar, triggering concerns for many sectors, this textile town in Tamil Nadu is finding opportunity in adversity: Between April and December alone, Tiruppur's exports reached Rs 26,000 crore, almost eclipsing last financial year's total of Rs 30,690 crore.