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News for 'Current Account'

US Sinking IRIS Dena Doesn't Embarrass India

US Sinking IRIS Dena Doesn't Embarrass India

Rediff.com11 Mar 2026

The US torpedo attack on the Iranian warship IRIS Dena in international waters was a lawful act of war between belligerents, not a diplomatic or strategic embarrassment for India, asserts Vice Admiral Biswajit Dasgupta (retd).

Govt plans to cut TCS rate to 2% for education, medical purposes

Govt plans to cut TCS rate to 2% for education, medical purposes

Rediff.com1 Feb 2026

Finance Minister Nirmala Sitharaman on Sunday proposed to reduce the tax collection at source (TCS) rate to 2 per cent for education and medical purposes under Liberalised Remittance Scheme (LRS) as well as on sale of overseas tour program package.

Morkel Backs Abhishek Despite T20 WC Struggles

Morkel Backs Abhishek Despite T20 WC Struggles

Rediff.com20 Feb 2026

India bowling coach Morne Morkel backs Abhishek Sharma despite his poor T20 World Cup run, says there's no concern over his form ahead of South Africa clash.

IPO Listing Gains Hit 7-Year Low

IPO Listing Gains Hit 7-Year Low

Rediff.com2 Mar 2026

Share of IPOs opening above issue price drops to 64.6%, median gains shrink sharply amid market volatility.

RBI announces slew of measures to promote rupee

RBI announces slew of measures to promote rupee

Rediff.com1 Oct 2025

In a bid to promote the use of domestic currency for cross-border settlements, the Reserve Bank on Wednesday announced a slew of measures, including allowing banks to lend in Indian Rupees to non-residents from Bhutan, Nepal and Sri Lanka for bilateral trade.

Jeep places India at centre of Asia-Pacific strategy

Jeep places India at centre of Asia-Pacific strategy

Rediff.com2 Feb 2026

Jeep outlines a renewed regional roadmap with higher localisation, export expansion and focus on products and ownership experience amid intense competition in India's SUV market.

Why is only holding stocks in your portfolio a very old strategy?

Why is only holding stocks in your portfolio a very old strategy?

Rediff.com26 Feb 2026

We will explore some of the reasons why a stock-only portfolio may no longer be sufficient and some of the modern alternatives and strategies that can help investors build resilient and profitable portfolios.

Pvt-funded highway construction model highest priority: Gadkari

Pvt-funded highway construction model highest priority: Gadkari

Rediff.com25 Feb 2026

On the back of an aggressive asset monetisation push, the government will press the throttle on the build-operate-transfer (BOT) model - under which private developers fund highway construction - for future highway development, Union Minister for Road Transport and Highways Nitin Gadkari said.

Now, India's gems & jewellery sector on par with China, Thailand

Now, India's gems & jewellery sector on par with China, Thailand

Rediff.com4 Feb 2026

Exporters of gems and jewellery have said the free-trade agreement (FTA) has brought relief to their sector because this opens up the world's second-largest market and brings them on a par with China and Thailand, which face zero tariffs on shipments to Europe.

'Banks not investing in right technology'

'Banks not investing in right technology'

Rediff.com10 Feb 2026

'There is a challenge in repositioning yourself, maybe reinventing yourself.'

Rashid Khan: Afghanistan Still Hopeful Despite Super 8 Uncertainty

Rashid Khan: Afghanistan Still Hopeful Despite Super 8 Uncertainty

Rediff.com16 Feb 2026

Rashid Khan says Afghanistan will continue to play positive cricket and make the nation proud despite slim Super Eights hopes after beating UAE in the T20 World Cup.

'Govt And Banks Want Private Investment To Return In Force'

'Govt And Banks Want Private Investment To Return In Force'

Rediff.com3 Nov 2025

'Corporates now have multiple funding sources beyond banks, and many are sitting on large cash reserves.'

SC steps in to fast-track acid attack cases nationwide

SC steps in to fast-track acid attack cases nationwide

Rediff.com9 Mar 2026

The Supreme Court of India has directed all high courts to establish timelines for trial courts to expedite the conclusion of acid attack cases across the country, emphasising the need for a more proactive approach and adequate compensation for victims.

'Will Surrendering Pension Policy Attract Tax?'

'Will Surrendering Pension Policy Attract Tax?'

Rediff.com9 Feb 2026

rediffGURU Vipul Bhavsar answers readers' personal income tax queries.

Rupee to grapple incessant volatility in 2026; US trade pact may not be silver bullet

Rupee to grapple incessant volatility in 2026; US trade pact may not be silver bullet

Rediff.com31 Dec 2025

The Indian rupee, swaying through multiple headwinds, tiding over global trade disruptions and massive foreign fund outlfows, is unlikely to arrest its descent until tariff impact overhangs, notwithstanding robust domestic macroeconomic tailwinds. The Reserve Bank of India (RBI), which sees the rupee's depreciation as a silver bullet to offset the tariff shock, expects the currency to find its stable course once India reaches a trade deal with its largest trading partner, the US.

Ranbir Kapoor To Shoot Brahmastra, Animal 2 Soon

Ranbir Kapoor To Shoot Brahmastra, Animal 2 Soon

Rediff.com15 Feb 2026

Ranbir Kapoor: 'I'm working very hard for two-three years on the movies that I'm doing.'

Sonia slams Centre's silence on Khamenei's killing

Sonia slams Centre's silence on Khamenei's killing

Rediff.com3 Mar 2026

Sonia Gandhi has criticised the Modi government's silence on the assassination of Iran's Supreme Leader, arguing it raises doubts about India's foreign policy direction and credibility.

Middle East Crisis: The New Fog of War

Middle East Crisis: The New Fog of War

Rediff.com13 Mar 2026

When everyone has footage and no one can verify it, the loudest voice wins, notes Prem Panicker who begins a daily blog on the War in the Middle East.

Duty hikes to dent cigarette volumes by 6-8% in FY27: Crisil Ratings

Duty hikes to dent cigarette volumes by 6-8% in FY27: Crisil Ratings

Rediff.com29 Jan 2026

The domestic cigarette industry is expected to see a 6-8 per cent volume contraction next fiscal following the imposition of additional excise duties and increase in goods and services tax (GST) rates from February 1, Crisil Ratings said on Wednesday.

Andhra Plans Rs 25,000 Incentive for Second Child

Andhra Plans Rs 25,000 Incentive for Second Child

Rediff.com6 Mar 2026

'We will give Rs 25,000 to parents having a second child or more at the time of delivery itself.'

Will India Face Oil Shock from Iran Crisis?

Will India Face Oil Shock from Iran Crisis?

Rediff.com2 Mar 2026

Will rising tensions between US-Israel and Iran threaten crude oil supply through the Strait of Hormuz, putting India's fuel prices, imports, and economic stability at risk?

Indian pharma to get stronger dose of EU mkt access

Indian pharma to get stronger dose of EU mkt access

Rediff.com5 Feb 2026

The European Union's (EU's) offer to slash tariffs on 97.5 per cent of Indian chemical exports to zero is set to give India's pharmaceutical and medical device firms preferential access to the European markets.

How are power stocks likely to fare in 2026

How are power stocks likely to fare in 2026

Rediff.com2 Jan 2026

The power sector presents a puzzle. A fast-growing economy should be aligned to higher power demand but that hasn't been the case in the financial year 2026 till date (FY26TD).

Bomb Thrown at Kerala Student Activist's House After Minister Protest

Bomb Thrown at Kerala Student Activist's House After Minister Protest

Rediff.com27 Feb 2026

Unidentified individuals attacked the residence of a KSU activist in Kerala with an explosive device, following his arrest related to a protest where the Health Minister was allegedly injured.

RS polls: Sharad Pawar to get fresh term; BJP fields 4 nominees in Maha

RS polls: Sharad Pawar to get fresh term; BJP fields 4 nominees in Maha

Rediff.com4 Mar 2026

The Congress party has announced its support for Nationalist Congress Party (SP) chief Sharad Pawar as the Maha Vikas Aghadi (MVA) candidate for the upcoming Rajya Sabha elections in Maharashtra.

India will buy oil from Venezuela, not Iran: Trump

India will buy oil from Venezuela, not Iran: Trump

Rediff.com1 Feb 2026

The Indian government has not yet responded to Trump's comments yet.

No toll plaza queues anywhere in India by yearend, says Gadkari

No toll plaza queues anywhere in India by yearend, says Gadkari

Rediff.com25 Feb 2026

'Within six months I expect petrol, diesel, and electric vehicles (EVs) to reach cost parity,' says Union Minister for Road Transport and Highways Nitin Gadkari.

RBI allows rupee to find its own level: Guv Malhotra

RBI allows rupee to find its own level: Guv Malhotra

Rediff.com6 Dec 2025

Reserve Bank Governor Sanjay Malhotra on Friday said the central bank does not target any band for the rupee in the forex market, and allows the domestic currency to find its own correct level.

GST rate cuts spur credit growth in banking sector in Q3 FY26

GST rate cuts spur credit growth in banking sector in Q3 FY26

Rediff.com7 Jan 2026

Banking sector has witnessed healthy growth in advances in the third quarter of financial year 2026 (Q3FY26) against the same period last year, as the full impact of goods and service tax (GST) rate cuts drove growth. Most of the lenders saw their credit growth outpace the deposit growth in the quarter.

Why Capital Expenditure Needs Monitoring

Why Capital Expenditure Needs Monitoring

Rediff.com23 Feb 2026

After years of rapid expansion, the Centre's capital spending growth eases as private investment shows early signs of revival, points out A K Bhattacharya.

Budget 2026: Lokpal gets Rs 30 crore

Budget 2026: Lokpal gets Rs 30 crore

Rediff.com1 Feb 2026

The Lokpal, India's anti-corruption ombudsman, has been allocated Rs 30 crore in the Union Budget 2026-27. The Central Vigilance Commission (CVC) has been allocated Rs 54.56 crore.

Can This Budget Deliver Strategic Growth and Jobs?

Can This Budget Deliver Strategic Growth and Jobs?

Rediff.com31 Jan 2026

India is growing fast, but to keep growing strong, the government must make more things at home, create jobs, and spend money wisely, suggests Rajiv Memani, regional managing partner, Africa-India Region, EY.

Debt Recovery Overhaul Likely In Budget

Debt Recovery Overhaul Likely In Budget

Rediff.com19 Jan 2026

The Centre is considering amendments to the Recovery of Debt and Bankruptcy Act in the Budget to allow some Debt Recovery Tribunals to focus only on high-value cases.

Historic! Jammu and Kashmir overpower Karnataka to win first Ranji Trophy title

Historic! Jammu and Kashmir overpower Karnataka to win first Ranji Trophy title

Rediff.com28 Feb 2026

Jammu and Kashmir scripted an extraordinary tale of resilience in Indian domestic cricket to claim their maiden Ranji Trophy title by out-batting traditional heavyweights Karnataka in the final in Hubbali on Saturday.

Indian exports to attract 10% tariff in US for 150 days from Feb 24

Indian exports to attract 10% tariff in US for 150 days from Feb 24

Rediff.com23 Feb 2026

Indian exports to the US will face a 10% tariff, down from 25%, for 150 days following a US Supreme Court ruling. However, uncertainty persists due to potential further tariff hikes and long-term implications.

Weaker Rupee: Plan Overseas Goals

Weaker Rupee: Plan Overseas Goals

Rediff.com26 Dec 2025

Investors must account for currency depreciation in their financial plans and use instruments that can cushion the erosion in purchasing power.

Stay calm, learn AI tools to keep job safe: Tech leaders

Stay calm, learn AI tools to keep job safe: Tech leaders

Rediff.com16 Feb 2026

Amid growing concerns over artificial intelligence (AI) disrupting jobs, top technology industry leaders have a clear message for employees -- "stay calm and upskill".

India's current account deficit at a record high of 4.8%

India's current account deficit at a record high of 4.8%

Rediff.com27 Jun 2013

India's current account deficit narrowed down to 3.6 per cent of GDP in the January-March quarter but totalled a record 4.8 per cent for the full 2012-13 fiscal.

Is The UN Heading For Bankruptcy?

Is The UN Heading For Bankruptcy?

Rediff.com20 Feb 2026

Every UN secretary-general has flagged the financial situation, but Antonio Guterres has issued the direst warning yet, calling it a 'race to bankruptcy and of imminent financial collapse, points out Ambassador T P Sreenivasan.

Will The Economy Face A Bumpy Road Ahead?

Will The Economy Face A Bumpy Road Ahead?

Rediff.com6 Jan 2026

Real GDP growth surprised on the upside in 2025, but weaker nominal growth, trade uncertainty, and soft demand signal a bumpier road ahead.

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