News for '-rupee'

Factors that will drive the markets this week

Factors that will drive the markets this week

Rediff.com20 Apr 2025

Trading sentiment in the equity market will largely be driven by domestic corporate quarterly earnings, any update related to US tariffs and foreign fund movements this week, analysts said. Investors would also focus on world market trends, movement of global oil benchmark Brent crude and the rupee-dollar trend for further cues, experts noted.

Forex kitty rises by $305 mn to $654.27 bn

Forex kitty rises by $305 mn to $654.27 bn

Rediff.com21 Mar 2025

The country's forex reserves increased by $305 million to $654.27 billion during the week ended March 14, the RBI said on Friday. In the previous reporting week, the overall reserves rose by $15.27 billion to $653.97 billion and registered the sharpest weekly rise in two years.

'Capital is flowing back to the US'

'Capital is flowing back to the US'

Rediff.com27 Feb 2025

'Even if India is attractive, FPIs currently lack the funds to invest, as money is being redirected to the US.'

Invest, Withdraw and Rest: How SIP with SWP Help You Win After Retirement?

Invest, Withdraw and Rest: How SIP with SWP Help You Win After Retirement?

Rediff.com12 May 2025

Systematic Investment Plan (SIP) and Systematic Withdrawal Plan (SWP) are very crucial. Here, we will help you understand how these tools can pave the way for a stress-free retirement.

When a German torpedo sank Dr Ambedkar's PhD thesis

When a German torpedo sank Dr Ambedkar's PhD thesis

Rediff.com14 Apr 2025

A new book details how a German submarine torpedoed the ship carrying B.R. Ambedkar's PhD dissertation and a vast collection of books during World War I. This setback did not deter the Dalit icon and architect of India's Constitution, who went on to earn multiple doctorates.

Vibe Coding's Challenge For India's IT Cos

Vibe Coding's Challenge For India's IT Cos

Rediff.com14 May 2025

'Could the impending new crisis, vibe coding, similarly create not a disaster like what befell Indian handlooms during the Industrial Revolution but another opportunity like what the Y2K crisis created?' asks Ajit Balakrishnan.

Sensex pares most gains, closes up 33 points

Sensex pares most gains, closes up 33 points

Rediff.com25 Mar 2025

From the Sensex pack, UltraTech Cement, Infosys, Bajaj Finserv, Axis Bank, HDFC Bank, Bharti Airtel, HCL Tech and Tata Consultancy Services were the biggest gainers. Zomato tanked nearly 6 per cent followed by IndusInd Bank which declined about 5 per cent. Adani Ports, Mahindra & Mahindra, Reliance Industries and Sun Pharma were also among the laggards.

Very clear EC is compromised: Rahul in US; traitor, says BJP

Very clear EC is compromised: Rahul in US; traitor, says BJP

Rediff.com21 Apr 2025

Gandhi cited the example of Maharashtra assembly elections, claiming there was an addition of 65 lakh voters to the voter list in two hours, "which was impossible."

FY25 trade deficit with China close to $100 bn amid dumping concerns

FY25 trade deficit with China close to $100 bn amid dumping concerns

Rediff.com24 Apr 2025

India's trade deficit with China neared $100 billion in FY25, amid escalating concerns of dumping, data released by the commerce department on Wednesday showed. Chinese imports rose by 11.5 per cent to $113.45 billion, while outbound shipments to the neighbouring country saw 14.5 per cent contraction to $14.2 billion.

'Indian rupee best-performing Asian currency this year'

'Indian rupee best-performing Asian currency this year'

Rediff.com29 Jun 2024

'India represents one of the top opportunities with robust growth, solid fundamentals, and openness to foreign investment.'

Factors that will guide the markets this week

Factors that will guide the markets this week

Rediff.com13 Apr 2025

Stock markets will be driven by further developments on the US-China tariff war front along with quarterly earnings announcements from IT majors Wipro and Infosys in a holiday-shortened week, analysts said. Global market trends and trading activity of foreign investors would also dictate market movement this week, experts noted.

50:50 Chance Of An RBI Rate Cut

50:50 Chance Of An RBI Rate Cut

Rediff.com4 Feb 2025

'If it doesn't, it will continue with measures to infuse liquidity, signalling a new cycle,' predicts Tamal Bandyopadhyay.

'Bull Market Has Ended'

'Bull Market Has Ended'

Rediff.com6 Mar 2025

'The bull market cycle ran for five years. It's the end of that cycle.' 'The next cycle is a down cycle, and in that down cycle, you will see the Sensex falling from their highs of around 68,000 to maybe 40,000-50,000 at the bottom of the cycle.'

FPIs pull out Rs 24,753 cr from equities in first week of Mar

FPIs pull out Rs 24,753 cr from equities in first week of Mar

Rediff.com9 Mar 2025

Foreign investors continue to pull back money from the Indian equity market, withdrawing Rs 24,753 crore (about $2.8 billion) in the first week of March amid escalating global trade tensions and lacklustre corporate earnings.

Vietnam: A Wonderful Place For A Holiday

Vietnam: A Wonderful Place For A Holiday

Rediff.com12 May 2025

Whether it's navigating the labyrinthine Cu Chi Tunnels, boating on the Mekong, marveling at ancient Champa temples, or the Mekong Bay, Vietnam promises a journey like no other.

How the equity markets will fare this week

How the equity markets will fare this week

Rediff.com23 Mar 2025

Global trends, tariff-related updates and trading activity of foreign investors would be the key drivers for the equity market movement this week, analysts said. Markets witnessed a strong rebound last week, with the benchmark indices surging over 4 per cent.

Former Nepal King fined by civic body for vandalism

Former Nepal King fined by civic body for vandalism

Rediff.com29 Mar 2025

Former King Gyanendra Shah was on Saturday issued a letter demanding fine by Kathmandu's civic body following the damage caused to public property and environment during the pro-monarchy protests in parts of the Nepalese capital a day before.

India's forex reserve jumps by $4.76 billion to $640.48 billion

India's forex reserve jumps by $4.76 billion to $640.48 billion

Rediff.com28 Feb 2025

India's forex reserve jumped by $4.76 billion to $640.48 billion in the week ended February 21, the Reserve Bank said on Friday. In the previous reporting week, the overall reserves had dropped by $2.54 billion to $635.72 billion.

Factors that will guide the markets this week

Factors that will guide the markets this week

Rediff.com30 Mar 2025

The implication of April 2 reciprocal tariffs on global trade, trends in overseas markets and trading activity of foreign investors would dictate equity investors' sentiment in a holiday-shortened week ahead, according to analysts. Stock markets would remain closed on Monday for Eid-Ul-Fitr.

Falling Rupee: How To Plan Ahead

Falling Rupee: How To Plan Ahead

Rediff.com18 Sep 2023

The impact of currency depreciation can also be mitigated by holding a portion of your investment portfolio in dollar-denominated assets.

Q4 profit dip prompts analysts to cut TCS' target price

Q4 profit dip prompts analysts to cut TCS' target price

Rediff.com13 Apr 2025

Shares of Tata Consultancy Services (TCS) declined after the information technology (IT) major reported a 1.3 per cent sequential drop in net profit for the March quarter, prompting several brokerages to cut their target prices. The TCS stock fell as much as 1.26 per cent during the day to Rs 3,205 per share.

Gaddafi Stadium ready in record time!

Gaddafi Stadium ready in record time!

Rediff.com6 Feb 2025

Prime Minister, Shahbaz Sharif will officially inaugurate the stadium on Friday during a ceremony, where notable artists such as Ali Zafar, Aima Baig, and Arif Lohar will perform live.

Earnings winter to persist in Q4

Earnings winter to persist in Q4

Rediff.com23 Apr 2025

Brokerages expect a further slowdown in Indian firms' revenue and earnings growth in Q4FY25, following low single-digit growth in the preceding three quarters, as factors like weak consumer demand and credit growth linger on.

How the markets will fare this week

How the markets will fare this week

Rediff.com9 Feb 2025

Investors would track a host of macroeconomic data announcements scheduled this week, including inflation numbers, and also monitor global market trends, and trading activity of foreign institutional investors, analysts said. The ongoing quarterly earnings announcements and the rupee-dollar trend would also influence the markets.

Factors that will guide the markets this week

Factors that will guide the markets this week

Rediff.com6 Apr 2025

In an eventful week ahead, stock markets may face volatile trends before the RBI's interest rate decision and the US inflation data announcements, as investors continue to assess the broader implications of US tariffs on global economy and inflation, analysts said. Investors fear that a full-blown trade war will impact global trade and economic growth, according to market experts.

Australia Visa Changes: What Indian Students Must Know

Australia Visa Changes: What Indian Students Must Know

Rediff.com30 Apr 2025

Australia's new student visa rules focuses on stricter eligibility, higher financial and English language requirements among others.

India's forex reserves drop $2.54 billion to $635.72 billion

India's forex reserves drop $2.54 billion to $635.72 billion

Rediff.com21 Feb 2025

Snapping the three-week rising streak, India's forex reserves dropped by $2.54 billion to $635.72 billion in the week ended February 14, the RBI said on Friday. In the previous reporting week, the reserves had increased by $7.65 billion to $638.26 billion.

Why Sensex And Nifty Are Falling

Why Sensex And Nifty Are Falling

Rediff.com6 Jan 2025

'Retail investors have to stick to their asset allocation plans and continuously do portfolio reviews.'

Why This Banker Didn't Get Promoted!

Why This Banker Didn't Get Promoted!

Rediff.com2 May 2025

The bank made a Rs 67 crore net profit, up 21% from the previous year. Its deposits grew 8%, the loan book 10%. Net bad loans dropped from 7.53% to 6.07%. So why was the banker, who headed the bank, not promoted?

FPIs withdraw Rs 30,000 cr from equities in first 15 days in March

FPIs withdraw Rs 30,000 cr from equities in first 15 days in March

Rediff.com16 Mar 2025

Foreign investors continue to pull back money from the Indian equity market withdrawing a little over Rs 30,000 crore in the first fortnight of the month amid escalation in global trade tensions. This came following an outflow of Rs 34,574 crore from equities in February and Rs 78,027 crore in January.

Wholesale price inflation eases to 2.31% in Jan

Wholesale price inflation eases to 2.31% in Jan

Rediff.com14 Feb 2025

Wholesale price inflation moderated to 2.31 per cent in January due to the decline in prices of food items especially vegetables, government data released on Friday showed. The Wholesale Price Index (WPI) based inflation was 2.37 per cent in December 2024. It was 0.33 per cent in January 2024.

Why Nifty tanked over 14% from its record peak

Why Nifty tanked over 14% from its record peak

Rediff.com26 Feb 2025

Equity benchmark indices are facing massive corrections, with the NSE Nifty declining over 14 per cent from its lifetime high hit in September last year due to several negative triggers like stretched valuations, foreign fund exodus, disappointing quarterly earnings and rising global trade tensions dragging markets lower. The BSE benchmark Sensex hit its record peak of 85,978.25 on September 27 last year, and the Nifty also reached a lifetime high of 26,277.35 on the same day.

Sensex drops 313 points ahead of RBI's rate decision

Sensex drops 313 points ahead of RBI's rate decision

Rediff.com5 Feb 2025

Titan, Nestle, Hindustan Unilever, State Bank of India, Larsen & Toubro, ITC, Zomato and Bajaj Finserv were also among the laggards. Adani Ports, IndusInd Bank, Tata Motors and HDFC Bank were among the major gainers.

'Conditions not ripe to make rupee a hard currency'

'Conditions not ripe to make rupee a hard currency'

Rediff.com19 Nov 2023

India should become a middle-income country and then push to make INR (rupee) a hard currency, and till then, it must promote the settlement of global trade in the local currency, think tank GTRI said on Sunday. Global Trade Research Initiative (GTRI) said that transforming a currency into a hard currency is a complex process that hinges on several pivotal factors. Firstly, economic stability is paramount; a country must exhibit low and stable inflation, consistent growth, and a balanced trade environment.

PCB Chief sells Rs 94L VIP seats, to cheer with fans

PCB Chief sells Rs 94L VIP seats, to cheer with fans

Rediff.com17 Feb 2025

Pakistan Cricket Board (PCB) chairman Mohsin Naqvi has decided to watch the Champions Trophy matches from the stands, after selling the 30-seat VIP Hospitality Box offered to him for around 400,000 dirhams (INR 94 lakh), and putting the proceeds into the PCB's coffers. Naqvi was offered the premium seating for himself, his family, and guests for the matches in Dubai. However, he chose to sell the box and watch the game, including the game against India, from regular enclosures to experience the atmosphere with the fans.

RBI's Sanjay Malhotra is a Governor with a difference!

RBI's Sanjay Malhotra is a Governor with a difference!

Rediff.com10 Mar 2025

Since Sanjay Malhotra took office as governor in December, the Reserve Bank of India (RBI) has adopted a more accommodative stance, which bodes well for banking and the economy as they navigate a growth slowdown, according to analysts.

Digitisation does not mean deregulation: CEA Nageswaran

Digitisation does not mean deregulation: CEA Nageswaran

Rediff.com11 Feb 2025

There is a "misperception" among the administration around deregulation, wherein digitisation is confused with deregulation, Chief Economic Advisor V Anantha Nageswaran said on Tuesday. Speaking at an event organised by alternative investment industry's lobby grouping IVCA in Mumbai, Nageswaran stressed that what is essential is to do away with needless regulations, whether they are to be complied with online or offline.

RIL, ICICI Bank rally helps Sensex gain 234 points

RIL, ICICI Bank rally helps Sensex gain 234 points

Rediff.com7 Jan 2025

From the 30-share blue-chip pack, Tata Motors, Reliance Industries, ICICI Bank, Asian Paints, Nestle India, UltraTech Cement, Larsen & Toubro and Adani Ports were among the biggest gainers. In contrast, Zomato, HCL Tech, Tata Consultancy Services, Tech Mahindra, Kotak Mahindra Bank and Infosys were among the losers.

How the markets will fare this week

How the markets will fare this week

Rediff.com23 Feb 2025

Global trends, trading activity of foreign investors and news flow on tariffs are expected to influence movement in the equity market in a holiday-shortened week ahead, analysts said. Equity markets would remain closed on Wednesday for 'Mahashivratri'.

India's forex kitty jumps $7.65 bn to $638.26 bn

India's forex kitty jumps $7.65 bn to $638.26 bn

Rediff.com14 Feb 2025

India's forex reserves jumped by $7.65 billion to $638.26 billion in the week ended February 7, the RBI said on Friday. This is the third consecutive week of a jump in the kitty, which had increased by $1.05 billion to $630.61 billion for the week ended January 31.