News for 'Central India'

Govt exceeds FY26 indirect tax collection estimates of Rs 15.52 lakh cr

Govt exceeds FY26 indirect tax collection estimates of Rs 15.52 lakh cr

Rediff.com7 days ago

The Indian government has marginally exceeded its indirect tax collection target for fiscal year 2025-26, with strong performances in customs, excise, and GST revenues.

'No shortage of LPG': Kamal Nath breaks away from party line?

'No shortage of LPG': Kamal Nath breaks away from party line?

Rediff.com7 days ago

Nath's comments came amid the Congress party's continuous attack on Centre for the recent hike in commercial LPG cylinders and the Aviation Turbine Fuel (ATF).

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.

Trinamool MP Criticises 'Blend and Butcher' Approach of Jan Vishwas Bill

Trinamool MP Criticises 'Blend and Butcher' Approach of Jan Vishwas Bill

Rediff.com7 days ago

Trinamool Congress MP Nadimul Haque criticised the Jan Vishwas (Amendment and Provisions) Bill, 2026, in the Rajya Sabha, questioning the government's approach to amending multiple central laws through a single piece of legislation and raising concerns about its impact on public health and federal funds owed to West Bengal.

MCA to introduce central contracts for senior players

MCA to introduce central contracts for senior players

Rediff.com14 Jan 2026

MCA to introduce central contracts for Mumbai players, launch T20 talent scouting tournament

'May harm India-Israel ties': Oscar-nominated film delayed

'May harm India-Israel ties': Oscar-nominated film delayed

Rediff.com20 Mar 2026

The India release of the Oscar-nominated film 'The Voice of Hind Rajab', based on the story of a five-year-old Palestinian girl killed by Israeli forces, is facing delays as the distributor awaits a censor certificate.

India's forex reserves drop $11.68 bn to $716.81 bn

India's forex reserves drop $11.68 bn to $716.81 bn

Rediff.com13 Mar 2026

India's forex reserves dropped by $11.683 billion to $716.810 billion during the week ended March 6, the RBI said on Friday.

Jan Vishwas Bill Ushers in 'New Era of Trust-Based Governance'

Jan Vishwas Bill Ushers in 'New Era of Trust-Based Governance'

Rediff.com6 days ago

Union Minister Annpurna Devi hails the passage of the Jan Vishwas (Amendment of Provisions) Bill, 2026, as a significant step towards trust-based governance, simplifying laws, and improving the business environment in India.

Indian markets brace for volatility amid RBI policy, West Asia tensions

Indian markets brace for volatility amid RBI policy, West Asia tensions

Rediff.com4 days ago

The Indian stock market is poised for a volatile week, influenced by the Reserve Bank of India's monetary policy decision, crucial global macroeconomic data, and the escalating geopolitical tensions in West Asia, according to market analysts.

RBI Projects $85 Crude Oil, Rupee at 94 by FY27

RBI Projects $85 Crude Oil, Rupee at 94 by FY27

Rediff.com2 days ago

The Reserve Bank of India (RBI) has projected that crude oil prices will average USD 85 per barrel and the rupee will weaken to 94 against the dollar by FY27, according to its bi-annual Monetary Policy report.

RBI approves Emirates NBD's 74% stake acquisition in RBL Bank

RBI approves Emirates NBD's 74% stake acquisition in RBL Bank

Rediff.com7 days ago

The Reserve Bank of India (RBI) has granted approval for UAE-based Emirates NBD (ENBD) PJSC to acquire up to a 74 per cent stake in RBL Bank for $3 billion, marking the largest foreign investment ever in a domestic Indian bank.

Four Sentenced in Bank of India Forged Letter of Credit Case

Four Sentenced in Bank of India Forged Letter of Credit Case

Rediff.com18 Mar 2026

A special CBI court in Mumbai has sentenced four individuals to imprisonment for their involvement in a 2012 case where the Bank of India suffered a loss of over Rs 3 crore due to a forged Letter of Credit.

Forex reserves drop by $10.29 billion to $688.06 billion

Forex reserves drop by $10.29 billion to $688.06 billion

Rediff.com6 days ago

India's foreign exchange reserves decreased by USD 10.288 billion to USD 688.058 billion during the week ending March 27, according to the Reserve Bank of India (RBI). This decline follows a previous decrease and comes after the reserves reached an all-time high in February.

Sensex and Nifty Rally as US-Iran Ceasefire Boosts Global Markets

Sensex and Nifty Rally as US-Iran Ceasefire Boosts Global Markets

Rediff.com1 days ago

Indian stock markets experienced a significant rally following the announcement of a US-Iran ceasefire, coupled with a drop in crude oil prices. The Sensex and Nifty both closed nearly 4 per cent higher, mirroring gains in global markets.

Street signs: Bank-backed brokers may regain edge, IPO pipeline stalls

Street signs: Bank-backed brokers may regain edge, IPO pipeline stalls

Rediff.com3 days ago

India's market landscape is undergoing significant shifts, with bank-backed brokerages potentially regaining dominance over discount platforms due to regulatory changes and increased taxes, while the IPO pipeline faces a slowdown amid heightened global volatility.

Delhi HC Denies Christian Michel's Release in AgustaWestland Chopper Scam

Delhi HC Denies Christian Michel's Release in AgustaWestland Chopper Scam

Rediff.com2 days ago

The Delhi High Court has dismissed a petition by Christian Michel James, an alleged middleman in the AgustaWestland VVIP chopper scam, seeking his release from jail. The court found no merit in his challenge to the India-UAE extradition treaty and a trial court order.

Why India's Japan Connection Is Important

Why India's Japan Connection Is Important

Rediff.com7 Mar 2026

In a region increasingly shaped by competition and coercion, such collaboration strengthens security without confrontation, builds capacity without dependency and promotes order without domination, points out Dr Kumar.

Rupee surges 52 paise to close at 92.54/USD on US-Iran ceasefire

Rupee surges 52 paise to close at 92.54/USD on US-Iran ceasefire

Rediff.com1 days ago

The Indian rupee saw a significant appreciation against the US dollar following President Trump's suspension of military strikes against Iran and the Reserve Bank of India's decision to maintain its key interest rate. Market sentiment was further buoyed by positive comments from the RBI regarding the health of the banking sector.

Second All-India Police Kabaddi Cluster 2025-26 Begins in Jammu

Second All-India Police Kabaddi Cluster 2025-26 Begins in Jammu

Rediff.com8 Mar 2026

The second All-India Police Kabaddi Cluster 2025-26 has commenced in Jammu, featuring 1,648 players from across the country competing in Kabaddi, Kho-Kho, Fencing, and Gymnastics.

Abhishek Banerjee Criticises Modi's Response to Pakistan's Threat Against Kolkata

Abhishek Banerjee Criticises Modi's Response to Pakistan's Threat Against Kolkata

Rediff.com3 days ago

TMC leader Abhishek Banerjee has criticised Prime Minister Narendra Modi for his silence regarding Pakistan's defence minister's threat to attack Kolkata. Banerjee accuses Modi of prioritising election campaigns over national security concerns.

Interstate LeT Terror Module Busted; Fugitive Nabbed After 16 Years

Interstate LeT Terror Module Busted; Fugitive Nabbed After 16 Years

Rediff.com3 days ago

Jammu and Kashmir police have dismantled an interstate Lashkar-e-Taiba (LeT) terror module, arresting five individuals, including a fugitive who had been on the run for 16 years. The operation involved multiple agencies and uncovered a network providing logistical and financial support to terrorists.

RBI Exceeds Expectations in Processing Citizen Charter Applications

RBI Exceeds Expectations in Processing Citizen Charter Applications

Rediff.com1 Apr 2026

The Reserve Bank of India (RBI) has reported processing 99.9% of applications under its Citizen's Charter within the stipulated timeframe in March 2026, demonstrating a high level of efficiency.

Govt doubles daily quota of 5kg LPG cylinders for migrant workers

Govt doubles daily quota of 5kg LPG cylinders for migrant workers

Rediff.com2 days ago

The Indian government has doubled the daily quota of market-priced 5-kg LPG cylinders for migrant workers to ensure stable fuel supplies amidst global disruptions. This move prioritises household cooking gas and addresses the needs of migrant workers who often lack regular connections.

Ex-Bank Manager, Nine Others Convicted in 2004 Mumbai Loan Scam

Ex-Bank Manager, Nine Others Convicted in 2004 Mumbai Loan Scam

Rediff.com24 Mar 2026

A special CBI court in Mumbai has convicted a retired bank manager and nine others in connection with a 2004 loan fraud case, sentencing them to prison terms ranging from one to five years.

India Targets 200,000 Foreign Students by 2030

India Targets 200,000 Foreign Students by 2030

Rediff.com11 Mar 2026

The government has intensified its Study in India programme and is working closely with universities and states to achieve this goal.

'Bridges, power plants': Trump warns of strikes on Iranian infrastructure

'Bridges, power plants': Trump warns of strikes on Iranian infrastructure

Rediff.com6 days ago

United States President Donald Trump warned Iran of potential strikes on its infrastructure, including bridges and electric power plants, saying the US military 'hasn't even started destroying what's left in Iran'.

India's energy security 'bartered' to US influence: Rahul Gandhi

India's energy security 'bartered' to US influence: Rahul Gandhi

Rediff.com12 Mar 2026

Rahul Gandhi accuses the government of compromising India's energy security by allowing the US to dictate oil supply relationships, raising concerns about the impact of global conflicts on India's energy access.

Bill Introduced to Promote Ease of Business and Living

Bill Introduced to Promote Ease of Business and Living

Rediff.com27 Mar 2026

The government has introduced a bill in the Lok Sabha to amend provisions for decriminalising minor offences, aiming to promote ease of doing business and living.

Kerala Elections 2026: Can An 80-Year-Old Marxist Score A Hat-Trick?

Kerala Elections 2026: Can An 80-Year-Old Marxist Score A Hat-Trick?

Rediff.com2 days ago

Kerala's 2026 assembly election will see a three-cornered contest where religion and communalism have emerged as central themes for the first time, challenging the state's long-celebrated secular fabric.

RBI introduces new business correspondent norms to expand banking access

RBI introduces new business correspondent norms to expand banking access

Rediff.com3 days ago

The Reserve Bank of India (RBI) has unveiled draft norms for branch authorisation and business correspondents (BCs), introducing a two-tiered classification for BCs and redefining 'banking outlets' to include BC-Banking Outlets (BC-BOs), aiming to expand formal banking presence, particularly in rural areas.

Inaugural Khelo India Tribal Games to be Held in Chhattisgarh

Inaugural Khelo India Tribal Games to be Held in Chhattisgarh

Rediff.com6 Mar 2026

The inaugural Khelo India Tribal Games will be held in Chhattisgarh, featuring seven medal sports and aiming to empower tribal athletes and promote grassroots inclusion.

Assam, Puducherry witness historic turnout; over 78% vote in Kerala

Assam, Puducherry witness historic turnout; over 78% vote in Kerala

Rediff.com12 hours ago

Voters in Kerala, Assam, and Puducherry are voting in crucial assembly elections.

Assam Elections: Will BJP Score A Hatrick?

Assam Elections: Will BJP Score A Hatrick?

Rediff.com1 days ago

'The BJP's tally may dip, but the NDA is likely to retain power.'

RBI Unveils 'Payments Vision 2028' with Focus on Digital Security and Innovation

RBI Unveils 'Payments Vision 2028' with Focus on Digital Security and Innovation

Rediff.com27 Mar 2026

The Reserve Bank of India (RBI) has introduced its 'Payments Vision 2028' document, outlining initiatives to enhance digital payment security, introduce electronic cheques, and expand regulatory oversight to include e-commerce entities.

Sensex P/E valuations lowest since May '20 amid FPI selloff

Sensex P/E valuations lowest since May '20 amid FPI selloff

Rediff.com4 days ago

The benchmark BSE Sensex's trailing 12-month price-to-earnings (P/E) multiple has declined to 20.2x, its lowest since May 2020, driven by a record $42 billion FPI selloff since September 2024 and concerns over corporate earnings and economic growth.

Pro-Kannada protest targets Guv over 'Hindi bias', demand recall

Pro-Kannada protest targets Guv over 'Hindi bias', demand recall

Rediff.com3 days ago

A pro-Kannada organisation protested against the Governor of Karnataka over a letter asking the state government to reconsider its decision to replace the marks system with a grading system for the third language in the SSLC exam.

Maoist Surrenders Signal Insurgency's Endgame

Maoist Surrenders Signal Insurgency's Endgame

Rediff.com31 Mar 2026

As the March 31 deadline arrives, a wave of Maoist surrenders suggests insurgency's end, but political and social concerns remain.

Wipro's $1 bn Olam deal, Mindsprint acquisition marks major strategic win

Wipro's $1 bn Olam deal, Mindsprint acquisition marks major strategic win

Rediff.com3 days ago

Wipro, India's fourth-largest IT services company, has secured an eight-year deal with Singapore-based Olam group, valued at over $1 billion, and will also acquire Olam's IT and digital services arm, Mindsprint, for $375 million, marking one of its largest contracts to date.

Government Introduces Bill to Decriminalise Minor Offences

Government Introduces Bill to Decriminalise Minor Offences

Rediff.com27 Mar 2026

The Indian government has introduced the Jan Vishwas (Amendment of Provisions) Bill, 2026, in the Lok Sabha to decriminalise and rationalise minor offences, aiming to promote ease of doing business and living.

Rupee posts biggest annual decline in 14 years, tumbles 9.88% in FY26

Rupee posts biggest annual decline in 14 years, tumbles 9.88% in FY26

Rediff.com30 Mar 2026

The Indian rupee rebounded against the US dollar after the Reserve Bank of India (RBI) restricted banks' net open positions in dollars. This move prompted banks to sell dollars, providing temporary support for the rupee amidst ongoing geopolitical tensions and rising oil prices.