News for 'Exchange of India'

Why Is The ED Raiding Punjab Minister Sanjeev Arora?

Why Is The ED Raiding Punjab Minister Sanjeev Arora?

Rediff.com7 days ago

The Enforcement Directorate conducted searches against Punjab industries minister Sanjeev Arora and others allegedly linked to him as part of a money laundering case investigation.

RBI Citizen's Charter: Nearly All Applications Processed On Time

RBI Citizen's Charter: Nearly All Applications Processed On Time

Rediff.com4 May 2026

The Reserve Bank of India (RBI) announced that it processed 99.7 per cent of applications within the prescribed timeline under its Citizen's Charter in April 2026. The central bank handled a total of 21,150 applications, showcasing its commitment to efficient service delivery.

Hampton Sky Realty Claims Innocence After Director's Arrest

Hampton Sky Realty Claims Innocence After Director's Arrest

Rediff.com6 days ago

Hampton Sky Realty Limited, formerly directed by Punjab minister Sanjeev Arora, has issued a statement asserting its innocence and cooperation with authorities following the arrest of Arora in connection with a money laundering probe.

India, Russia discuss strengthening ties amid West Asia conflict

India, Russia discuss strengthening ties amid West Asia conflict

Rediff.com3 Apr 2026

Russia's First Deputy Prime Minister Denis Manturov met with Indian leaders to discuss strengthening bilateral ties in key sectors amidst the escalating conflict in West Asia.

Rupee plunges to all-time low of 94.88 against US dollar, pressured by crude and FII selling

Rupee plunges to all-time low of 94.88 against US dollar, pressured by crude and FII selling

Rediff.com29 Apr 2026

The Indian rupee depreciated 20 paise to close at a fresh all-time low of 94.88 against the US dollar, driven by surging Brent crude oil prices, hovering around USD 115 per barrel, and persistent foreign capital outflows.

Stock Markets Today: Sensex, Nifty50 Down on Strait of Hormuz Tensions, Weak Rupee

Stock Markets Today: Sensex, Nifty50 Down on Strait of Hormuz Tensions, Weak Rupee

Rediff.com5 May 2026

Indian equities on Dalal Street saw volatility as global market trends and weak rupee impacted investor sentiment. Track Sensex, Nifty50 movement and key market drivers for May 5, 2026.

Kannada Actress Ranya Rao To Be Released After Smuggling Case

Kannada Actress Ranya Rao To Be Released After Smuggling Case

Rediff.com22 Apr 2026

Kannada film actress Ranya Rao is set to be released from Bengaluru Central Jail after a year of detention in a gold smuggling case.

Why Modi Empowered ED To Tackle Financial Crimes

Why Modi Empowered ED To Tackle Financial Crimes

Rediff.com1 May 2026

Union Minister Pankaj Chaudhary stated that Prime Minister Narendra Modi strengthened the Enforcement Directorate (ED) to combat financial crimes like money laundering and corruption, dismissing allegations of it being used to target political opponents.

Iran calls India a 'trusted partner'; asserts control over Hormuz

Iran calls India a 'trusted partner'; asserts control over Hormuz

Rediff.com14 Apr 2026

Iran's ambassador to India, Mohammad Fathali, has described India as a "reliable and compassionate" partner while asserting Tehran's territorial authority over the Strait of Hormuz amidst ongoing regional tensions.

Sahaja Yamalapalli's Fight Not Enough as India Trails Thailand in Billie Jean King Cup

Sahaja Yamalapalli's Fight Not Enough as India Trails Thailand in Billie Jean King Cup

Rediff.com8 Apr 2026

India trails Thailand 0-2 in the Billie Jean King Cup after Sahaja Yamalapalli's narrow defeat. Vaishnavi Adkar also lost her debut match.

No joint statement as BRICS MENA fails to reach consensus on West Asia: MEA

No joint statement as BRICS MENA fails to reach consensus on West Asia: MEA

Rediff.com28 Apr 2026

The ministry of external affairs on Monday said that a joint statement could not be issued following the BRICS deputy foreign ministers and special envoys on the Middle East and North Africa (MENA) meeting, which took place on April 24 in the national capital, as member countries were unable to reach a general consensus concerning the conflict in West Asia.

Financial Crimes Decline Due To Agency Action: ED

Financial Crimes Decline Due To Agency Action: ED

Rediff.com1 May 2026

The Enforcement Directorate (ED) reports a decline in traditional financial crimes due to sustained investigative actions and government initiatives, while highlighting emerging challenges like cryptocurrency fraud and terror financing.

Stock Markets Today: Sensex, Nifty50 Surge in Early Trade, Maruti Jumps 4%

Stock Markets Today: Sensex, Nifty50 Surge in Early Trade, Maruti Jumps 4%

Rediff.com4 May 2026

Indian markets on Dalal Street rallied sharply as easing tensions in the US-Iran conflict and stable oil prices boosted sentiment. Track Nifty 50 and BSE Sensex performance and key global triggers.

Why Modi Gave More Powers To The Enforcement Directorate

Why Modi Gave More Powers To The Enforcement Directorate

Rediff.com1 May 2026

Union Minister Pankaj Chaudhary stated that Prime Minister Narendra Modi strengthened the Enforcement Directorate to combat financial crimes like money laundering and corruption, dismissing allegations of it being used to target political opponents.

Delhi Police Uncover Counterfeit Branded Garments Racket

Delhi Police Uncover Counterfeit Branded Garments Racket

Rediff.com5 May 2026

Delhi Police have busted a racket selling counterfeit branded garments and accessories in Vasant Kunj, arresting one person and seizing a large stock of fake products.

High Crude Prices, Global Cues Drag Indian Stock Markets Lower

High Crude Prices, Global Cues Drag Indian Stock Markets Lower

Rediff.com30 Apr 2026

Indian benchmark stock indices, Sensex and Nifty, closed nearly 1 per cent lower due to surging crude oil prices, weak global market trends, and significant foreign fund outflows, with geopolitical tensions and inflation concerns further dampening investor sentiment.

Why Tata Trusts Board Meeting Was Cancelled

Why Tata Trusts Board Meeting Was Cancelled

Rediff.com7 days ago

A crucial Tata Trusts board meeting was unexpectedly postponed, highlighting internal conflicts over veto power, Tata Sons listing, and trustee eligibility, raising concerns about the stability of the $180 billion conglomerate.

Crucial Tata Trusts Board Meeting On May 8

Crucial Tata Trusts Board Meeting On May 8

Rediff.com4 May 2026

The top agenda of the meeting includes a review of Tata Trusts representation on the Tata Sons board.

Australia Overwhelms India in AFC U20 Women's Asian Cup Clash

Australia Overwhelms India in AFC U20 Women's Asian Cup Clash

Rediff.com5 Apr 2026

India's U20 women's team suffered a 0-5 defeat against Australia in the AFC U20 Women's Asian Cup, leaving their knockout stage hopes hanging by a thread.

Indian Equities Rebound as FMCG, Auto Shares Advance Amid Earnings Optimism

Indian Equities Rebound as FMCG, Auto Shares Advance Amid Earnings Optimism

Rediff.com29 Apr 2026

Indian equity benchmarks Sensex and Nifty surged nearly 1 per cent, driven by strong earnings reports from FMCG and auto sectors, alongside a rally in Asian markets and signs of de-escalation in geopolitical tensions.

Investment Disclosure Tightens Tax Scrutiny

Investment Disclosure Tightens Tax Scrutiny

Rediff.com7 May 2026

From the financial year 2025-2026, the government has introduced a new column in the tax return form for presumptive taxpayers, requiring them to disclose their year-end investments. This requirement was not present last year.

State Election Results, Crude Oil Prices to Dictate Stock Market Trends This Week

State Election Results, Crude Oil Prices to Dictate Stock Market Trends This Week

Rediff.com3 May 2026

Indian stock markets are poised for volatility this week, driven primarily by the outcomes of five state assembly elections, ongoing high crude oil prices amid West Asia tensions, and the release of Q4 corporate earnings, according to market analysts.

Is The World Moving Towards De-Dollarisation?

Is The World Moving Towards De-Dollarisation?

Rediff.com2 May 2026

India should not stay on the margins of this initiative. There should be a serious debate about what would be in India's best interests asserts former foreign secretary Shyam Saran.

India Loses to Thailand in Billie Jean King Cup Despite Doubles Victory

India Loses to Thailand in Billie Jean King Cup Despite Doubles Victory

Rediff.com8 Apr 2026

India lost to Thailand 1-2 in the opening Asia/Oceania Group I tie of the Billie Jean King Cup, with Rutuja Bhosale and Ankita Raina securing a consolation win in the doubles after Sahaja Yamalapalli's defeat in the singles.

Rain Halts India's Billie Jean King Cup Tie Against Thailand

Rain Halts India's Billie Jean King Cup Tie Against Thailand

Rediff.com7 Apr 2026

India's Billie Jean King Cup Asia/Oceania Group I tie against Thailand is hanging in the balance after rain interrupted play. Vaishnavi Adkar lost her debut match, while Sahaja Yamlapalli's match was suspended.

India's Billie Jean King Cup Hopes Dim After Indonesia Defeat

India's Billie Jean King Cup Hopes Dim After Indonesia Defeat

Rediff.com9 Apr 2026

India's chances of progressing in the Billie Jean King Cup Asia/Oceania Group I tie are jeopardised after a 0-3 loss to Indonesia, with Vaishnavi Adkar's valiant effort ending in defeat and Sahaja Yamalapalli outplayed by Janice Tjen.

ED probes Christian group over foreign card cash deals in Maoist areas

ED probes Christian group over foreign card cash deals in Maoist areas

Rediff.com25 Apr 2026

The Enforcement Directorate (ED) is investigating the use of foreign debit cards by a global Christian mission to withdraw crores of rupees in Naxal violence-hit regions of India. Searches were conducted in multiple states, and foreign debit cards, cash, and digital devices were seized.

Jharkhand Police Unearth Interstate Cyber Fraud Racket

Jharkhand Police Unearth Interstate Cyber Fraud Racket

Rediff.com30 Apr 2026

Jharkhand police have uncovered an interstate cyber fraud network and arrested four individuals involved in fraudulent transactions across 24 states. The investigation was initiated following inputs from the Union Home Ministry's 'Samanvaya portal', leading to the discovery of a bank account in Ramgarh district used for the illicit activities.

Mamdani slammed for 'rude' welcome to King Charles, Koh-i-Noor comment

Mamdani slammed for 'rude' welcome to King Charles, Koh-i-Noor comment

Rediff.com1 May 2026

New York City Mayor Zohran Mamdani is under fire for his handling of King Charles III's visit, particularly his call for the return of the Koh-i-Noor diamond, which has been labelled as 'rude' and inappropriate.

India Concedes to Indonesia in Billie Jean King Cup After Close Matches

India Concedes to Indonesia in Billie Jean King Cup After Close Matches

Rediff.com9 Apr 2026

India faced a defeat against Indonesia in the Billie Jean King Cup Asia/Oceania Group I tie, with Vaishnavi Adkar and Sahaja Yamalapalli losing their respective singles matches.

Enforcement Directorate Investigates Punjab Minister Arora for Forex Violations

Enforcement Directorate Investigates Punjab Minister Arora for Forex Violations

Rediff.com17 Apr 2026

The Enforcement Directorate conducted searches at premises linked to Punjab industries minister Sanjeev Arora as part of a FEMA probe into alleged foreign exchange violations, insider trading, and round-tripping of funds.

India Secures Unassailable Lead Against New Zealand in Billie Jean King Cup

India Secures Unassailable Lead Against New Zealand in Billie Jean King Cup

Rediff.com8 Apr 2026

India bounced back in style to take an unassailable 2-0 lead against New Zealand in their second Asia/Oceania Group I tie of the Billie Jean King Cup, with impressive wins from Vaishnavi Adkar and Sahaja Yamalapalli.

LA Knight Riders stadium to host Olympic cricket

LA Knight Riders stadium to host Olympic cricket

Rediff.com23 Apr 2026

ICC CEO Sanjog Gupta hailed the ground breaking of the cricket venue for the 2028 Olympics as a historic moment, fulfilling a long-awaited promise to bring the sport to the global stage.

India, US review defence ties, key deals at policy meet

India, US review defence ties, key deals at policy meet

Rediff.com26 Mar 2026

Key discussions focused on major defence procurements, including India's plan to acquire six additional P-8I aircraft for anti-submarine warfare. The deal, estimated at around Rs 30,000 crore, is under advanced negotiations.

India Nuclear Journey Takes A Hanuman Leap

India Nuclear Journey Takes A Hanuman Leap

Rediff.com7 Apr 2026

In many ways, this is only the beginning -- of a new chapter in India's nuclear story, and of a future where its vast thorium reserves could finally power its ambitions.

Oil Price Surge, FII Outflows Drag Indian Stock Markets Lower

Oil Price Surge, FII Outflows Drag Indian Stock Markets Lower

Rediff.com28 Apr 2026

Indian benchmark indices Sensex and Nifty experienced declines due to a sharp rally in crude oil prices, continuous foreign fund outflows, and geopolitical uncertainties. Regulatory developments in the banking sector, particularly the implementation of the Expected Credit Loss (ECL) framework, also contributed to the selling pressure.

Amit Shah Accuses Mamata Banerjee Of Turning Kolkata Into 'City Of Slums'

Amit Shah Accuses Mamata Banerjee Of Turning Kolkata Into 'City Of Slums'

Rediff.com22 Apr 2026

Union Home Minister Amit Shah has accused the TMC government of turning Kolkata into a 'city of slums' and using infiltrators as a vote bank, sparking a strong reaction from the TMC, which accused him of insulting the people of Bengal.

Stock Markets Today: Sensex, Nifty50 Open Lower Amid Surging Oil Prices, Foreign Fund Outflows

Stock Markets Today: Sensex, Nifty50 Open Lower Amid Surging Oil Prices, Foreign Fund Outflows

Rediff.com28 Apr 2026

Indian benchmark indices, Sensex and Nifty, opened lower on Tuesday, driven by a surge in global crude oil prices and continued outflows by Foreign Institutional Investors (FIIs), reflecting fragile market sentiment influenced by external factors.

India's forex reserves drop $11.41 billion to $698.346 billion

India's forex reserves drop $11.41 billion to $698.346 billion

Rediff.com28 Mar 2026

India's foreign exchange reserves decreased by USD 11.413 billion to USD 698.346 billion during the week ending March 20, primarily due to a significant reduction in gold reserves, according to the Reserve Bank of India (RBI).

Second-round effects of supply shocks a real concern, says RBI governor

Second-round effects of supply shocks a real concern, says RBI governor

Rediff.com21 Apr 2026

Reserve Bank of India (RBI) Governor Sanjay Malhotra stated that preventing second-round effects of supply shocks, where inflation expectations rise due to prolonged disruptions, is the primary role of monetary policy. He also defended the RBI's foreign exchange market interventions, asserting it did not commit to an 'indefensible peg'.