News for '-usd'

Trump pauses all military aid to Ukraine after White House clash

Trump pauses all military aid to Ukraine after White House clash

Rediff.com4 Mar 2025

The order also pauses "hundreds of millions of dollars in aid through the Ukraine Security Assistance Initiative, which provides funds that Kyiv can use only to buy new military hardware directly from US defence companies."

Sindhu, Satwik-Chirag advance; Sen, Prannoy bow out

Sindhu, Satwik-Chirag advance; Sen, Prannoy bow out

Rediff.com3 Jun 2025

P V Sindhu overcame long-time rival Nozomi Okuhara of Japan to advance to the Round of 16.

'Deeply troubling': MEA on US funds for voting in India

'Deeply troubling': MEA on US funds for voting in India

Rediff.com21 Feb 2025

India on Friday said that the United States' administration's information regarding funding in India is 'deeply troubling' and has led to concerns regarding foreign interference in India's internal affairs.

Gaganyaan, Samudrayaan, Chandrayaan-4 launch schedules are out

Gaganyaan, Samudrayaan, Chandrayaan-4 launch schedules are out

Rediff.com6 Feb 2025

Chandrayaan-4 will involve at least two separate launches of the heavylift LVM-3 rocket that will carry five different components of the mission which will be assembled in orbit.

Indirect tax to rise by 8.3%, corporate tax by 10.4% in FY26

Indirect tax to rise by 8.3%, corporate tax by 10.4% in FY26

Rediff.com6 Feb 2025

The government's indirect tax collection is expected to increase by 8.3 pc in the financial year 2025-26 (FY26), according to a report by ICICI Bank. The report also noted that this growth is higher than the 7.1 per cent increase seen in FY25 and is mainly driven by rise in GST revenue from strong urban consumption. It said "The increase is driven by higher goods and services tax collections which in-turn is explained by boost to urban consumption".

Is this why govt sacked Subramanian as IMF exec director?

Is this why govt sacked Subramanian as IMF exec director?

Rediff.com6 May 2025

The Congress party in India has accused the government of "impropriety" in the sudden termination of KV Subramanian's position as India's executive director at the IMF, alleging it was linked to the Union Bank of India's purchase of two lakh copies of his book. The party also questioned the government's stance on Pakistan's request for a loan from the IMF.

Highlights of RBI's monetary policy

Highlights of RBI's monetary policy

Rediff.com7 Feb 2025

The Reserve Bank of India (RBI) on Friday cut the repo rate by 25 basis points to 6.25 percent, marking the first reduction in five years. The central bank also projected GDP growth for fiscal year 2026 at 6.7 percent and inflation to come down to 4.2 percent in FY26 from 4.8 percent in FY25. The RBI said the global economic backdrop remains challenging but the Indian economy continues to remain strong and resilient.

Investors' wealth swells by Rs 27.10 lakh cr

Investors' wealth swells by Rs 27.10 lakh cr

Rediff.com24 Mar 2025

Markets investors became richer by Rs 27.10 lakh crore as the BSE benchmark Sensex continued to rally for the sixth trading day, surging nearly 6 per cent during this period. On Monday, the 30-share BSE bellwether gauge jumped 1,078.87 points or 1.40 per cent to settle at an over six-week high of 77,984.38. During the day, the benchmark zoomed 1,201.72 points or 1.56 per cent to 78,107.23.

'Anxious' Indian students at Harvard stare at uncertainties

'Anxious' Indian students at Harvard stare at uncertainties

Rediff.com10 Jun 2025

Indian students at Harvard, on condition of anonymity, shared their concerns and experiences of the last few months during which the prestigious university has seen relentless attacks by the Trump administration.

Indian student self-deports after US revokes visa for supporting Hamas

Indian student self-deports after US revokes visa for supporting Hamas

Rediff.com15 Mar 2025

Ranjani Srinivasan, a citizen and national of India, entered the United States on a F-1 student visa as a doctoral student in Urban Planning at Columbia University, the Department of Homeland Security said in a statement on Friday. It added that Srinivasan was "involved in activities supporting" Hamas, a terrorist organisation.

Advances worth 8cr to TOPS athletes unaccounted for

Advances worth 8cr to TOPS athletes unaccounted for

Rediff.com30 Apr 2025

As per the official procedure, athletes have to submit bills within 15 days of the completion of a training or competition for which advance has been disbursed.

Ayush Shetty stuns former World Champ at Orleans Masters

Ayush Shetty stuns former World Champ at Orleans Masters

Rediff.com5 Mar 2025

India's Ayush Shetty produced a sensational straight-game victory over former world champion Loh Kean Yew of Singapore at the Orleans Masters.

Does India need expensive F-35s from US, asks Cong

Does India need expensive F-35s from US, asks Cong

Rediff.com15 Feb 2025

Congress general secretary Randeep Surjewala has raised concerns about the Indian government's decision to potentially acquire F-35 fighter jets from the US, questioning whether the decision was made in the national interest and if security experts were consulted. He highlighted the high cost of the F-35, its operational flaws, and the potential impact on the Indian Air Force's existing fleet and maintenance infrastructure. Surjewala's comments come after Prime Minister Narendra Modi and President Donald Trump unveiled plans for a 10-year defense partnership between India and the US, including potential F-35 sales.

Russia ready for peace, Ukraine for negotiation: Trump

Russia ready for peace, Ukraine for negotiation: Trump

Rediff.com5 Mar 2025

"... It's time to stop this madness. It's time to halt the killing. It's time to end the senseless war. If you want to end wars, you have to talk to both sides," Trump said.

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.

Why brokerages are bullish on Hindalco

Why brokerages are bullish on Hindalco

Rediff.com29 May 2025

Hindalco's India business, including Utkal Alumina, reported good results for the January-March quarter of the financial year 2024-25 (FY25) and consolidated earnings before interest, taxes, depreciation, and amortisation (Ebitda) also rose. Earnings growth was driven by favourable pricing, lower input costs and lower tax outgo for Novelis.

In Kuwait, Modi meets Mahabharata, Ramayana's Arabic translator

In Kuwait, Modi meets Mahabharata, Ramayana's Arabic translator

Rediff.com21 Dec 2024

Prime Minister Narendra Modi met two Kuwaiti nationals who translated and published India's two iconic epics, Mahabharata and Ramayana in Arabic during his two-day visit to Kuwait. Modi, who praised their work, said it highlights the popularity of Indian culture globally. His visit to Kuwait is the first by an Indian prime minister in 43 years.

Trump calls Putin 'smart', but warns him of sanctions if...

Trump calls Putin 'smart', but warns him of sanctions if...

Rediff.com22 Jan 2025

Former US President Donald Trump said he is ready to meet Russian President Vladimir Putin anytime, but warned of potential sanctions if Russia doesn't engage in negotiations on Ukraine. Trump criticized current President Joe Biden's handling of the conflict, claiming that the war wouldn't have happened under his presidency. He also raised concerns about the number of casualties in Ukraine, suggesting that the reported figures are not accurate. Trump also highlighted the financial burden of the conflict on the US and called for increased contributions from European Union members.

China defends Brahmaputra dam, says project won't affect riparian states

China defends Brahmaputra dam, says project won't affect riparian states

Rediff.com27 Dec 2024

China has defended its plan to build the world's largest dam on the Brahmaputra River in Tibet, assuring that the project will not affect riparian states and safety issues have been addressed through decades of studies. The dam, estimated to cost USD 137 billion, has raised concerns in India and Bangladesh, but Chinese authorities maintain that the project has been thoroughly studied and safeguards are in place. The dam is part of China's efforts to develop clean energy and respond to climate change.

Bangladesh court freezes 31 bank accounts linked to Hasina, kin

Bangladesh court freezes 31 bank accounts linked to Hasina, kin

Rediff.com18 Mar 2025

A Dhaka court has ordered the freezing of 31 bank accounts linked to ousted prime minister Sheikh Hasina, her family members and their associates over corruption allegations. The accounts, holding a total of Tk 394.6 crore (INR 281.2 crore approximately), belong to Hasina, her son Sajeeb Wazed Joy, daughter Saima Wazed Putul, sister Sheikh Rehana, nephew Radwan Mujib Siddiq Bobby and their related organizations. The Anti-Corruption Commission (ACC) claims Hasina and others are trying to transfer the money from these accounts, prompting the court to issue the freezing order.

Rupee falls 22 paise to 87.41 against US dollar in early trade

Rupee falls 22 paise to 87.41 against US dollar in early trade

Rediff.com27 Feb 2025

The rupee declined 22 paise to 87.41 against the US dollar in early trade on Thursday after the latest tariff announcements from the US weighed on emerging currencies, including the rupee. Forex traders said the latest tariff announcements from the US have sent shockwaves through global markets, strengthening the dollar.

Finance ministry bans ChatGPT, DeepSeek on office devices over data risk

Finance ministry bans ChatGPT, DeepSeek on office devices over data risk

Rediff.com5 Feb 2025

The Indian Finance Ministry has instructed its officials to refrain from using AI tools and apps like ChatGPT and DeepSeek on government devices, citing concerns over data confidentiality. This move comes amidst global discussions regarding the potential security risks associated with AI tools and follows similar actions by countries like Australia and Italy, which have restricted access to DeepSeek due to privacy concerns. The directive highlights the growing awareness of the potential security implications of AI technology in government environments.

'Let that sink in': Musk posts 'White House' picture

'Let that sink in': Musk posts 'White House' picture

Rediff.com6 Nov 2024

In a post on the microblogging platform X, Elon Musk shared his photograph along with former US President Donald Trump.

US cop who struck and killed Indian student with patrol car fired

US cop who struck and killed Indian student with patrol car fired

Rediff.com7 Jan 2025

The development comes months after another Seattle police officer Daniel Auderer was fired following his insensitive comments and laughter after Kandula's death.

India's N-E landlocked, B'desh only...: Yunus pitch to China

India's N-E landlocked, B'desh only...: Yunus pitch to China

Rediff.com1 Apr 2025

Bangladesh's Chief Adviser Muhammad Yunus has called upon China to expand its economic influence in Bangladesh, controversially mentioning that India's northeastern states being landlocked could present an opportunity. Yunus, who recently visited China and met with President Xi Jinping, highlighted Bangladesh's role as the "only guardian of the ocean " in the region, suggesting it could be a pathway for Chinese economic expansion. This statement has sparked debate, with Sanjeev Sanyal, a member of Prime Minister Narendra Modi's economic advisory council, questioning the relevance of India's landlocked states in Yunus' appeal to China. Yunus, however, emphasized the importance of a strong friendship with China, viewing it as a counterbalance to India. During his visit, Yunus signed nine agreements with Beijing and secured USD 2.1 billion in investments, loans, and grants from the Chinese government and companies.

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.

Lalit Modi calls 'The Hundred' a financial flop

Lalit Modi calls 'The Hundred' a financial flop

Rediff.com27 Sep 2024

The England and Wales Cricket Board (ECB)'s financial projections on the prof itability of its pet project 'The Hundred' is largely "disconnected from reality" reckoned Lalit Modi, who conceptualised the vastly successful Indian Premier League (IPL) in 2008.

Our ties shouldn't be transactional, says outgoing US envoy

Our ties shouldn't be transactional, says outgoing US envoy

Rediff.com20 Jan 2025

Richard Verma, the highest-ranking Indian-American official in the State Department, has expressed optimism about the future of US-India ties and emphasized the need to base the relationship on shared values rather than mere transactional dealings. Verma, who previously served as America's Ambassador to India, stressed the importance of the Quad in defending the international order, highlighting its shared commitment to a free and open Indo-Pacific.

Adani, nephew not charged with bribes in US: Group

Adani, nephew not charged with bribes in US: Group

Rediff.com27 Nov 2024

Billionaire Gautam Adani and his nephew Sagar Adani have not been charged with any violations of the US Foreign Corrupt Practices Act (FCPA) in the indictment filed by US authorities in a court in a bribery case, the Adani Group said on Wednesday.

Gold prices can rise 13% in 18 months to hit $3500 an ounce: BofA Securities

Gold prices can rise 13% in 18 months to hit $3500 an ounce: BofA Securities

Rediff.com2 Apr 2025

Gold prices could hit the $3500 an ounce (oz) mark in the next 18 months - up around 13 per cent from the current levels - given the global uncertainties and aided by investment demand, said analysts at BofA Securities in a recent note. Uncertainty around Trump Administration trade policies, BofA said, could continue to push the US dollar (USD) lower, further supporting gold prices near-term.

Ratan Tata admitted to hospital, says no cause for concern

Ratan Tata admitted to hospital, says no cause for concern

Rediff.com7 Oct 2024

Ratan Naval Tata, a prominent industrialist, philanthropist, and former Chairman of Tata Sons, has been admitted to the intensive care unit (ICU) at Breach Candy Hospital in Mumbai, reports Mid-Day newspaper.

China delivers second of 8 submarine to Pak to back Arabian Sea strength

China delivers second of 8 submarine to Pak to back Arabian Sea strength

Rediff.com16 Mar 2025

China has delivered a second advanced submarine to Pakistan, part of a larger deal to bolster the South Asian nation's naval capabilities in the Indian Ocean. The move underscores China's growing influence in the region and its strategic partnership with Pakistan.

Elon Musk-led DOGE cancels aid for 'voter turnout in India'

Elon Musk-led DOGE cancels aid for 'voter turnout in India'

Rediff.com16 Feb 2025

The United States Department of Government Efficiency (DOGE), led by Elon Musk has announced cancelling a $22 million funding intended for 'voter turnout in India' on Saturday (Local Time).

Modi reaches Colombo, 10 ambitious outcomes expected

Modi reaches Colombo, 10 ambitious outcomes expected

Rediff.com4 Apr 2025

Prime Minister Narendra Modi's visit to Sri Lanka is expected to yield at least 10 ambitious outcomes, including a defense cooperation agreement and frameworks for deeper engagement in the energy sector. The visit comes at a time when Sri Lanka is recovering from an economic crisis, with India providing significant financial assistance. Modi and Sri Lankan President Anura Kumara Dissanayake will also dedicate several projects built with India's assistance and virtually inaugurate the Sampur solar energy project.

Gukesh hails Anand, India's chess boom

Gukesh hails Anand, India's chess boom

Rediff.com8 Mar 2025

Reigning world chess champion D Gukesh has stated that he is open to competing in all formats of chess, including the newly popular freestyle format, but believes that classical chess, with its rich history, will always hold the greatest significance. Despite concerns of a potential split in the sport between supporters of freestyle and classical chess, Gukesh sees no reason for division, highlighting the excitement of freestyle while acknowledging the importance of the traditional format's legacy.

Countries should be mindful of...: Jaishankar on Gaza war

Countries should be mindful of...: Jaishankar on Gaza war

Rediff.com5 Dec 2024

When asked the reason for India's abstention from a resolution in the UN General Assembly on October 27, 2023, regarding the protection of civilians and upholding legal and humanitarian obligations, Jaishankar said there were many resolutions in the UN General Assembly and in some India abstained and in some, it voted in favour.

Rupee falls 9 paise to settle at all-time low of 83.13/USD

Rupee falls 9 paise to settle at all-time low of 83.13/USD

Rediff.com6 Sep 2023

The rupee depreciated by 9 paise and settled at its all-time low level of 83.13 against the US dollar on Wednesday, weighed down by a surge in crude oil prices and strong American currency. Forex traders said the Indian rupee depreciated as the US dollar rose to the highest levels in six months. Moreover, elevated crude oil prices also weighed on rupee.

RBI cuts rate by 25 bps to 6%; home, auto loans to get cheaper

RBI cuts rate by 25 bps to 6%; home, auto loans to get cheaper

Rediff.com9 Apr 2025

The RBI on Wednesday slashed key interest rate by 25 basis points, for the second time in a row, to support a shuttering economy hit by reciprocal tariffs imposed by the US. Following the rate cut, the key policy rate eased to 6 per cent providing relief to home, auto and corporate loan borrowers.

IPL valuation skyrockets by billions in 2024!

IPL valuation skyrockets by billions in 2024!

Rediff.com12 Jun 2024

The value of the Indian Premier League went up 6.5 per cent to USD 16.4 billion (around Rs 134,858 crore) in 2024, according to a report by American investment bank Houlihan Lokey.

King Cup International: Lakshya Sen loses in semis

King Cup International: Lakshya Sen loses in semis

Rediff.com28 Dec 2024

Lakshya Sen couldn't overcome the relentless Hu, losing 19-21, 19-21 in a thrilling contest.