News for 'Exchange'

TN Welfare Push Raises Fiscal Risks For New Government

TN Welfare Push Raises Fiscal Risks For New Government

Rediff.com4 May 2026

Amid the arithmetic of subsidies, consumption and capacity, whichever government assumes office in Tamil Nadu after May 4 is likely to inherit a growing debate over how far the state can continue to expand welfare promises without placing additional strain on public finances and the power sector.

Fuel price hike on cards? Puri says oil companies are losing Rs 1,000 cr a day

Fuel price hike on cards? Puri says oil companies are losing Rs 1,000 cr a day

Rediff.com12 May 2026

India possesses two months of fuel stockpiles and faces no supply concerns despite global energy disruptions, according to Oil Minister Hardeep Singh Puri. However, state-run fuel retailers are incurring losses of up to Rs 1 lakh crore in a single quarter due to elevated crude prices and unchanged retail fuel prices, raising questions about the sustainability of these losses.

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.

Interstate Cyber Fraud Racket Busted; Five Arrested

Interstate Cyber Fraud Racket Busted; Five Arrested

Rediff.com5 May 2026

Delhi Police have arrested five individuals from Uttarakhand's Udham Singh Nagar for their involvement in an interstate cyber fraud racket. The syndicate supplied mule bank accounts to cyber criminals, routing cheated money from online investment and task-based scams.

India And Russia Consider Athletics Partnership

India And Russia Consider Athletics Partnership

Rediff.com1 May 2026

Athletics bodies of India and Russia are exploring a long-term cooperation in organising training camps, grassroots development works and mutual participation of their players in their respective competitions.

Stock markets today: Sensex, Nifty50 rebound as US-Iran negotiations progress, easing oil price fears

Stock markets today: Sensex, Nifty50 rebound as US-Iran negotiations progress, easing oil price fears

Rediff.com6 May 2026

Indian benchmark indices, Sensex and Nifty, saw a significant rebound in early trade, driven by a decline in crude oil prices. This drop followed US President Donald Trump's announcement of progress in negotiations with Iran towards an agreement to end the war, leading to a temporary pause in 'Project Freedom' to escort ships through the Strait of Hormuz. Track Nifty 50 and BSE Sensex performance and key global triggers.

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.

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.

Criminal Arrested After Police Encounter In Amethi

Criminal Arrested After Police Encounter In Amethi

Rediff.com20 Apr 2026

A man with approximately 20 cases against him was arrested in Amethi after an encounter with police, during which he sustained a gunshot wound. Police fired in self-defence after the accused allegedly fired at them with intent to kill.

Why Tata Trusts Board Meeting Was Cancelled

Why Tata Trusts Board Meeting Was Cancelled

Rediff.com9 May 2026

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.

Stock Markets Today: Sensex, Nifty50 in Red as Oil Price Surge above $120 per Barrel

Stock Markets Today: Sensex, Nifty50 in Red as Oil Price Surge above $120 per Barrel

Rediff.com30 Apr 2026

Indian benchmark indices Sensex and Nifty experienced a significant slump in early trade, driven by a sharp surge in crude oil prices above USD 120 per barrel, weak global market trends, and continued foreign fund outflows.

Bhagwant Mann Slams Centre Over ED Raids, Alleges Political Vendetta

Bhagwant Mann Slams Centre Over ED Raids, Alleges Political Vendetta

Rediff.com9 May 2026

Punjab Chief Minister Bhagwant Mann has accused the BJP-led central government of playing 'dangerous games' with Punjab, alleging the misuse of agencies like the Enforcement Directorate (ED) and the CBI for political purposes.

US redirects 48 vessels in Persian Gulf amid blockade on Iran

US redirects 48 vessels in Persian Gulf amid blockade on Iran

Rediff.com2 May 2026

The United States has redirected 48 vessels in the Persian Gulf, particularly in the Strait of Hormuz, over the past 20 days amid ongoing enforcement actions related to restrictions on Iranian maritime assets by the US Navy.

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.

India U17 Women's Team Suffers Defeat Against Australia

India U17 Women's Team Suffers Defeat Against Australia

Rediff.com2 May 2026

India's AFC U17 Women's Asian Cup campaign began with a 0-2 defeat against Australia, marking their return to the competition after 21 years. Theodora Mouithys and an own goal secured the win for Australia.

Tillu Tajpuria Gang Shooter Arrested After Delhi Encounter

Tillu Tajpuria Gang Shooter Arrested After Delhi Encounter

Rediff.com22 Apr 2026

A shooter from the Tillu Tajpuria gang, convicted of murder and absconding after jumping parole, was arrested by Delhi Police after an exchange of fire in Rohini. He was allegedly planning to target rival gang members with weapons arranged through encrypted communications with gang members abroad.

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.

One Killed In Dehradun Robbery Encounter

One Killed In Dehradun Robbery Encounter

Rediff.com30 Apr 2026

A robber was killed and a police inspector injured in an encounter in Dehradun after a property dealer was robbed at gunpoint.

Four Killed In Pakistan Gold Mine Clash: What Sparked The Violence?

Four Killed In Pakistan Gold Mine Clash: What Sparked The Violence?

Rediff.com27 Apr 2026

At least four people were killed and several others injured in a clash between two rival groups over alleged illegal gold mining activities in Pakistan's Khyber Pakhtunkhwa province.

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.

Stock Markets Today: Sensex, Nifty rebound in early trade, supported by DII buying and Asian markets

Stock Markets Today: Sensex, Nifty rebound in early trade, supported by DII buying and Asian markets

Rediff.com29 Apr 2026

Indian equity benchmark indices Sensex and Nifty rebounded in early trade, driven by buying in blue-chip stocks and a positive trend in Asian markets, with domestic institutional investors providing crucial support.

Ayush Shetty Loses As India Trails France In Thomas Cup

Ayush Shetty Loses As India Trails France In Thomas Cup

Rediff.com2 May 2026

Ayush Shetty suffered a straight-game loss to Christo Popov as India trailed France 0-1 in the semifinals of the Thomas Cup Finals.

Ayush Shetty Loses As India Trails France In Thomas Cup

Ayush Shetty Loses As India Trails France In Thomas Cup

Rediff.com2 May 2026

Ayush Shetty suffered a straight-game loss to Christo Popov as India trailed France 0-1 in the semifinals of the Thomas Cup Finals.

Pakistan Security Forces Kill 13 Terrorists Near Afghanistan Border

Pakistan Security Forces Kill 13 Terrorists Near Afghanistan Border

Rediff.com1 May 2026

Pakistani security forces killed at least 13 terrorists along the Afghanistan border in Khyber Pakhtunkhwa province during operations in Mohmand and North Waziristan districts.

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.

Sinner one win away from fifth straight Masters crown

Sinner one win away from fifth straight Masters crown

Rediff.com2 May 2026

World number one Jannik Sinner powered into the Madrid Open final with a 6-2, 6-4 victory over Arthur Fils on Friday, keeping alive his bid for a record fifth successive ATP Masters 1000 title.

Stock Markets today: Sensex, Nifty Rebound on Sun Pharma Acquisition News

Stock Markets today: Sensex, Nifty Rebound on Sun Pharma Acquisition News

Rediff.com27 Apr 2026

Indian benchmark indices Sensex and Nifty rebounded in early trade after three days of decline, driven by a rally in Sun Pharma following its USD 11.75 billion acquisition of US-based Organon & Co, alongside a positive trend in global equity markets.

How IndiaAI Mission Is Helping AI Startups Scale Globally

How IndiaAI Mission Is Helping AI Startups Scale Globally

Rediff.com17 Apr 2026

The IndiaAI Mission, under MeitY, has selected 10 Indian AI startups for its Global Acceleration Programme, aimed at fostering international growth and innovation.

Daadi Ki Shaadi Review: Outdated Family Entertainer

Daadi Ki Shaadi Review: Outdated Family Entertainer

Rediff.com8 May 2026

Ashish R Mohan's Daadi Ki Shaadi, starring Neetu Singh and Kapil Sharma, offers an outdated plot that fails to deliver on humour or emotional depth.

India's Forex Reserves Surge Past $700 Billion

India's Forex Reserves Surge Past $700 Billion

Rediff.com17 Apr 2026

India's foreign exchange reserves have surged by $3.825 billion to reach $700.946 billion as of April 10, marking a significant milestone for the country's financial stability.

Delhi Police Foil Himanshu Bhau Gang's Plans After Shootout

Delhi Police Foil Himanshu Bhau Gang's Plans After Shootout

Rediff.com13 Apr 2026

Two alleged members of the Himanshu Bhau gang were injured and apprehended after a shootout with Delhi Police's Counter Intelligence team in Baprola. The duo was wanted in connection with the killing of a police personnel and a car firing incident in Gurugram.

ED raids AAP MP who replaced Raghav Chadha as deputy leader in RS

ED raids AAP MP who replaced Raghav Chadha as deputy leader in RS

Rediff.com15 Apr 2026

The Enforcement Directorate (ED) has initiated raids on business entities linked to Aam Aadmi Party (AAP) Rajya Sabha MP Ashok Mittal in Punjab and Haryana, as part of a Foreign Exchange Management Act (FEMA) investigation into alleged financial irregularities.

History-Sheeter Arrested After Gunfight In Nuh

History-Sheeter Arrested After Gunfight In Nuh

Rediff.com25 Apr 2026

Nuh police apprehended a wanted history-sheeter after a brief encounter near a village. The criminal and a constable sustained leg injuries during the exchange of fire. Police recovered an illegal pistol and cartridges from the scene.

Investment-led gold buying to hit 40% in India by FY27: Report

Investment-led gold buying to hit 40% in India by FY27: Report

Rediff.com27 Apr 2026

A significant structural shift is underway in India's gold market, with investment purchases projected to account for 35-40 per cent of total consumption by FY27, driven by geopolitical uncertainty, price momentum, and portfolio diversification.

How India Secured Victory Over Canada In Thomas Cup

How India Secured Victory Over Canada In Thomas Cup

Rediff.com24 Apr 2026

India secured a 4-1 victory against Canada in their opening Group A tie of the Thomas Cup Finals, with wins from Ayush Shetty and the doubles pair Satwiksairaj Rankireddy and Chirag Shetty.

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.

Vivo T5 Pro 5G Launches With Massive 9020mAh Battery, 90W Charge

Vivo T5 Pro 5G Launches With Massive 9020mAh Battery, 90W Charge

Rediff.com24 Apr 2026

The Vivo T5 Pro is available in three configurations, with the entry level model 8 GB + 128 GB model priced at 29,999.

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.

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.

International Drug Syndicate Busted In Delhi, Three Arrested

International Drug Syndicate Busted In Delhi, Three Arrested

Rediff.com18 Apr 2026

Delhi Police arrested three individuals and seized over 1 kg of imported hydroponic ganja, valued at more than Rs 25 lakh, dismantling an interstate and international drug syndicate with alleged connections to Thailand.