News for 'Exchange'

Titan's Q4: Bullion Demand Fuels Revenue, But Margins Face Headwinds

Titan's Q4: Bullion Demand Fuels Revenue, But Margins Face Headwinds

Rediff.com18 May 2026

Jewellery majors Titan Company and Kalyan Jewellers reported robust Q4 FY26 results, with Titan's consolidated revenue surging 81 per cent year-on-year, largely propelled by a sixfold increase in bullion and digital gold sales. Despite strong top-line growth, Titan's gross and operating profit margins faced pressure due to the higher share of lower-margin gold products and increased marketing expenditure.

Praggnanandhaa Held To Draw By Firouzja In Round 1

Praggnanandhaa Held To Draw By Firouzja In Round 1

Rediff.com15 May 2026

Indian Grandmaster R Praggnanandhaa drew with Alireza Firouzja in the first round of the Super Chess Classics in Bucharest, while other games also ended in draws.

Why India Postponed The India-Africa Forum Summit

Why India Postponed The India-Africa Forum Summit

Rediff.com21 May 2026

The India-Africa Forum Summit, scheduled for May 28-31 in New Delhi, has been postponed due to concerns over the Ebola virus outbreak in Africa. The Ministry of External Affairs announced that new dates will be finalised in consultation with African nations.

Mutual funds' stock market lead over LIC widens for fifth year in a row

Mutual funds' stock market lead over LIC widens for fifth year in a row

Rediff.com25 May 2026

India's mutual fund industry has significantly increased its share of public trading in the stock market, widening its lead over the Life Insurance Corporation of India (LIC) for the fifth consecutive year. While LIC's share of free-float listed shares has fallen to 7.42% as of March 2026, the mutual fund industry's share has surged to 22.92% from 7.06% in 2012.

Stock markets open in red, Sensex tank over 500 pts, Nifty down to 23K

Stock markets open in red, Sensex tank over 500 pts, Nifty down to 23K

Rediff.com20 May 2026

Indian benchmark equity indices, the BSE Sensex and NSE Nifty, experienced a significant drop in early trade due to elevated oil prices, weak global market trends, and renewed fears of military operations in the Middle East following US President Donald Trump's statements regarding Iran. Track Sensex, Nifty on May 20.

Panagariya: Don't Fear Rs 100 Dollar

Panagariya: Don't Fear Rs 100 Dollar

Rediff.com22 May 2026

'100 is just a number, like 99 and 101.'

Water Could Help India Cut Fuel Consumption, Emissions

Water Could Help India Cut Fuel Consumption, Emissions

Rediff.com17 May 2026

A Monaco-based fuel technology company, FOWE Eco Solutions, claims its patented Cavitech fuel emulsion technology can help industries slash fuel consumption, reduce emissions, and improve equipment performance by using water in fuel.

Why Army chief wants to open a cafe

Why Army chief wants to open a cafe

Rediff.com16 May 2026

Army Chief Gen Upendra Dwivedi shared his vision for a cafe named 'Ahista Zindagi' in Madhya Pradesh, designed as a retreat for reflection and conversation in today's fast-paced world, during an interaction with youths in Delhi.

Water Could Help India Cut Fuel Consumption, Emissions

Water Could Help India Cut Fuel Consumption, Emissions

Rediff.com17 May 2026

A Monaco-based fuel technology company, FOWE Eco Solutions, claims its patented Cavitech fuel emulsion technology can help industries slash fuel consumption, reduce emissions, and improve equipment performance by using water.

Can Water Be The Answer To India's Fuel Import Woes?

Can Water Be The Answer To India's Fuel Import Woes?

Rediff.com17 May 2026

A Monaco-based fuel technology company, FOWE Eco Solutions, claims its patented Cavitech fuel emulsion technology can help India reduce fuel consumption, emissions, and improve equipment performance by using water in a fuel-oil-water emulsion.

Rupee crashes to record low of 95.81/USD on crude oil, inflation worries

Rupee crashes to record low of 95.81/USD on crude oil, inflation worries

Rediff.com15 May 2026

The Indian rupee plummeted to a new all-time closing low of 95.81 against the US dollar, driven by surging crude oil prices, persistent inflation concerns, and a strengthening dollar index.

PharmEasy's parent has a new playbook: Profit first, growth second

PharmEasy's parent has a new playbook: Profit first, growth second

Rediff.com27 May 2026

API Holdings, the parent company of online pharmacy PharmEasy, has significantly reduced its debt from 1,800 crore to 1,050 crore and refinanced it at lower interest rates under CEO Rahul Guha, shifting its focus from 'growth at any cost' to profitability and aiming for a debt-free balance sheet before a potential stock market listing.

Petrol, diesel price hiked for 3rd time in 10 days

Petrol, diesel price hiked for 3rd time in 10 days

Rediff.com23 May 2026

Petrol price has been increased by 87 paise in Delhi from Rs 98.64 to Rs 99.51 per litre. Diesel rates have gone up by 91 paise from Rs 91.58 to Rs 92.49.

Govt Eyes Steps To Contain CAD

Govt Eyes Steps To Contain CAD

Rediff.com22 May 2026

'The situation globally is quite challenging, but we have the confidence and courage of conviction that we will come out winners even in this challenging time.'

Man Impersonating Rahul Gandhi's Aide Arrested In Ticket Scam

Man Impersonating Rahul Gandhi's Aide Arrested In Ticket Scam

Rediff.com5 May 2026

A man impersonating an aide of Congress leader Rahul Gandhi has been arrested in Dehradun for allegedly swindling crores of rupees from ticket-seekers in multiple states.

Trump Departs Beijing After China Visit

Trump Departs Beijing After China Visit

Rediff.com15 May 2026

United States President Donald Trump boards Air Force One for his return home following diplomatic engagements in Beijing.

Indian U-18 Hockey Teams Face Defeat Against Australia

Indian U-18 Hockey Teams Face Defeat Against Australia

Rediff.com17 May 2026

The Indian U-18 men's and women's hockey teams were defeated by Australia in their second match of the series at the SAI Centre in Bhopal. The men's team lost 1-3, while the women's side suffered a 1-4 defeat. Both teams will be in action again on Monday for their third match of the series.

Why rupee is among the most vulnerable Asian currencies

Why rupee is among the most vulnerable Asian currencies

Rediff.com23 May 2026

The Indian rupee is highly vulnerable among Asian currencies, with Barclays and MUFG warning of a potential depreciation towards 100/$ if the West Asia conflict persists, driven by widening current account deficits and elevated crude oil prices.

India's Forex Reserves Drop by $7.79 Billion to $690.69 Billion

India's Forex Reserves Drop by $7.79 Billion to $690.69 Billion

Rediff.com8 May 2026

India's foreign exchange reserves saw a significant drop of USD 7.794 billion, settling at USD 690.693 billion for the week ending May 1, as reported by the RBI, reflecting the impact of global events and central bank interventions.

Be Prepared For Fuel Price Hike!

Be Prepared For Fuel Price Hike!

Rediff.com13 May 2026

'OMCs are incurring losses of Rs 1,000 crore per day due to the West Asia crisis.'

Suicide Bomb Attack Kills Policemen In Pakistan

Suicide Bomb Attack Kills Policemen In Pakistan

Rediff.com10 May 2026

A suicide bomb attack at a police station in Pakistan's Khyber Pakhtunkhwa province resulted in the death of at least three policemen and injuries to several others, followed by a gunfight between security forces and militants.

Army's Rocket System Gets A Boost

Army's Rocket System Gets A Boost

Rediff.com22 May 2026

Loitering munitions, often described as 'suicide drones' or 'kamikaze drones', are becoming central to modern warfare because of their ability to hover over target areas, identify threats and strike with high precision.

Three Nigerians Arrested For Social Media Fraud In Gurugram

Three Nigerians Arrested For Social Media Fraud In Gurugram

Rediff.com16 May 2026

Gurugram Police have arrested three Nigerian nationals for allegedly defrauding people through social media platforms by posing as women. The police recovered mobile phones, a laptop, and SIM cards from the accused, who are also charged under the Passport Act and the Foreigners Act.

Pune College Suspends Lecturer Arrested In NEET Paper Leak Case

Pune College Suspends Lecturer Arrested In NEET Paper Leak Case

Rediff.com18 May 2026

A botany lecturer from Pune's Modern College of Arts, Science and Commerce has been suspended following her arrest by the CBI in connection with the NEET-2026 paper leak case.

Two Arrested After Shootout In Karol Bagh Firing Case

Two Arrested After Shootout In Karol Bagh Firing Case

Rediff.com10 May 2026

Delhi Police arrested two alleged shooters wanted in connection with a Karol Bagh firing case after a brief exchange of fire in the Kamla Market area. The accused, identified as Deepanshu alias Sahil Bouncer and Avinash, were apprehended during an anti-gangster operation.

French Open favours Sinner: Is the Italian set for history?

French Open favours Sinner: Is the Italian set for history?

Rediff.com20 May 2026

World number one Jannik Sinner has the opportunity to complete his Grand Slam collection at the French Open, especially with Carlos Alcaraz's withdrawal altering the tournament dynamics. Sinner's improved clay court game and consistent performance make him a strong contender for the title.

Lucknow University Professor Suspended For Alleged Student Harassment

Lucknow University Professor Suspended For Alleged Student Harassment

Rediff.com19 May 2026

Lucknow University has suspended an assistant professor following allegations of inappropriate behaviour and attempted enticement of a female student with a leaked question paper.

ED Attaches Assets In Global Media App Fraud Case

ED Attaches Assets In Global Media App Fraud Case

Rediff.com9 May 2026

The Enforcement Directorate (ED) has attached properties worth Rs 1.06 crore in connection with the 'Global Media App' fraud, an online earning platform that allegedly generated over Rs 45 crore through illicit means.

Petrol tops Rs 100 across most cities, diesel nears Rs 100 as prices raised for 4th time

Petrol tops Rs 100 across most cities, diesel nears Rs 100 as prices raised for 4th time

Rediff.com25 May 2026

Petrol and diesel prices in India have seen their fourth increase in less than two weeks, pushing cumulative hikes to nearly Rs 7.5 per litre since May 15, reaching their highest levels since May 2022. This surge, driven by global crude oil costs and the Iran conflict, is expected to exacerbate inflationary pressures and raise transportation costs across the economy.

Trump rejects Iran's peace plan as 'totally unacceptable'

Trump rejects Iran's peace plan as 'totally unacceptable'

Rediff.com11 May 2026

US President Donald Trump has rejected Iran's proposal to end the ongoing war, deeming it 'totally unacceptable'. This decision comes amid efforts to negotiate an end to hostilities that began on February 28 and have disrupted global oil supplies.

Jewellers back PM's gold appeal, propose monetisation scheme enhancements

Jewellers back PM's gold appeal, propose monetisation scheme enhancements

Rediff.com13 May 2026

Leading Indian jewellery bodies, including the All India Gem & Jewellery Domestic Council (GJC) and Malabar Gold & Diamonds, have expressed support for Prime Minister Narendra Modi's appeal to reduce gold imports and are advocating for enhancements to the Gold Monetisation Scheme (GMS) to unlock India's vast idle gold reserves.

Class 12 students allege answer sheet mismatch, CBSE begins probe

Class 12 students allege answer sheet mismatch, CBSE begins probe

Rediff.com26 May 2026

The CBSE has taken up on 'top priority' the cases related to alleged mismatched answer sheets and other concerns faced by students in the re-evaluation process, a source in the board said.

Delhi Man Shot Dead; Police Suspect Revenge Killing

Delhi Man Shot Dead; Police Suspect Revenge Killing

Rediff.com20 May 2026

A 22-year-old man was shot dead in northeast Delhi, with police suspecting the killing to be a revenge attack related to his brother's murder case.

'95-96 To A Dollar Is Not A Healthy Sign At All'

'95-96 To A Dollar Is Not A Healthy Sign At All'

Rediff.com20 May 2026

'Once the currency goes out of the hand, then possibly your major challenge is that it will not come back.'

Indian Super League: Kerala Blasters finish campaign with hard-fought win over FC Goa

Indian Super League: Kerala Blasters finish campaign with hard-fought win over FC Goa

Rediff.com18 May 2026

Kerala Blasters FC defeated FC Goa 2-1 in their final Indian Super League (ISL) match, with goals from Kevin Yoke and Fallou Ndiaye securing the victory.

'It's Not Modi's Rupee That Benefits. It's India's Rupee That Benefits'

'It's Not Modi's Rupee That Benefits. It's India's Rupee That Benefits'

Rediff.com18 May 2026

'In all these years of rupee depreciation, of rising oil prices, of inflation caused by import dependence, not one leader had the courage to look the people in the eye and say: Please do this for your country.'

Delhi Tenant Arrested For Faking Attack To Extort Property Owner

Delhi Tenant Arrested For Faking Attack To Extort Property Owner

Rediff.com17 May 2026

A tenant in Delhi has been arrested along with two associates for allegedly staging an attempt on his own life to implicate a property owner in an extortion plot and delay eviction, police said.

Stock Markets Edge Higher, IT Sector Shines Amid Volatility

Stock Markets Edge Higher, IT Sector Shines Amid Volatility

Rediff.com18 May 2026

Indian benchmark indices, Sensex and Nifty, closed marginally higher after a volatile trading session, driven by value buying in IT and select blue-chip counters, despite global crude price hikes and a weak rupee.

Premier League Launches NEXTGEN Coaching Programme In India

Premier League Launches NEXTGEN Coaching Programme In India

Rediff.com14 May 2026

The Premier League launched its NEXTGEN coach programme in Goa, aiming to enhance grassroots football coaching in India through training and skill development for local coaches.

Pulisic swaps boots for cricket bat in RCB-AC Milan crossover

Pulisic swaps boots for cricket bat in RCB-AC Milan crossover

Rediff.com29 Apr 2026

Christian Pulisic and Virat Kohli headline a unique RCB-AC Milan crossover, exchanging jerseys and sports in a global campaign blending cricket, football and fan culture.