News for 'Federal Reserve System'

Badminton World Federation Approves New Scoring System

Badminton World Federation Approves New Scoring System

Rediff.com25 Apr 2026

The Badminton World Federation (BWF) has approved the adoption of the 3x15 scoring system, set to take effect on January 4, 2027, following a vote at its Annual General Meeting in Horsen, Denmark. The decision aims to enhance the sport's appeal, improve match scheduling, and benefit player welfare, despite reservations from some leading Indian players.

US Think Tank Estimates India's Nuclear Warhead Count At 190

US Think Tank Estimates India's Nuclear Warhead Count At 190

Rediff.com11 hours ago

A US nonprofit policy think tank, the Federation of American Scientists (FAS), estimates India's nuclear arsenal at 190 warheads, including those for new missiles under production. The report highlights India's ongoing modernisation of its nuclear capabilities and adherence to a no-first-use doctrine, while also noting uncertainties in warhead designs and plutonium reserves.

The High Cost Of Defending The Rupee

The High Cost Of Defending The Rupee

Rediff.com16 hours ago

The FCNR (B) stratagem relies on using public money to defend the rupee. The State subsidises foreign borrowing to attract dollars. This tool requires large-scale borrowing to make a material difference against a gross external flow of $11 billion a day. A commensurately large fiscal cost falls upon the exchequer. The ministry of finance will choose how much it is willing to spend in exchange for this round number, points out Ajay Shah.

Obama nominates Yellen as head of Federal Reserve Board

Obama nominates Yellen as head of Federal Reserve Board

Rediff.com10 Oct 2013

US President Barack Obama has nominated Janet Yellen to head the Federal Reserve Board, describing her as one of America's "foremost economists and policy makers".

PoK people would've joined India before 2019: Omar on Independence Day

PoK people would've joined India before 2019: Omar on Independence Day

Rediff.com15 Aug 2026

Jammu and Kashmir Chief Minister Omar Abdullah has renewed his call for the restoration of special status and statehood to the region, asserting that the decision to accede to India 80 years ago was correct. He highlighted the importance of upholding India's federal structure and suggested that if Article 370 hadn't been revoked, PoK residents might be seeking reunification. Abdullah also criticised centralised governance models, arguing they erode state autonomy.

How Wall Street created the Federal Reserve

How Wall Street created the Federal Reserve

Rediff.com6 Dec 2013

In 1910 the who's who of Wall Street met in total secrecy in an American town to work towards the first draft of the bill that would finally give the United States a central bank.

Vimal Kumar Slams Badminton's New Scoring System

Vimal Kumar Slams Badminton's New Scoring System

Rediff.com26 Apr 2026

Former chief coach Vimal Kumar has expressed his disappointment with the Badminton World Federation's decision to change the scoring system, arguing it dilutes the sport and fails to address its real challenges.

India's Biggest Stock Market Booms And Busts

India's Biggest Stock Market Booms And Busts

Rediff.com1 Sep 2026

'Every period of excessive optimism eventually gives way to a correction, while periods of extreme pessimism often create the best investment opportunities.'

Southern states back Shah's push for dialogue to settle water disputes

Southern states back Shah's push for dialogue to settle water disputes

Rediff.com20 Aug 2026

Chief ministers from southern states convened at the Southern Zonal Council meeting in Kovalam, where Karnataka CM DK Shivakumar advocated for the 1971 census as the basis for delimitation and a freeze on Lok Sabha seats, while also addressing the contentious Cauvery water and Mekedatu dam issues.

Why Are National Chess Champions Ignored?

Why Are National Chess Champions Ignored?

Rediff.com28 Aug 2026

If winning the National Championship does not help a player make the national team, what exactly is the value of becoming India's national champion?

Vinesh Phogat Confirms Appeal Against Brij Bhushan's Acquittal In Sexual Harassment Case

Vinesh Phogat Confirms Appeal Against Brij Bhushan's Acquittal In Sexual Harassment Case

Rediff.com3 Aug 2026

World Championships medallist Vinesh Phogat announced that women wrestlers will appeal a Delhi court's decision to acquit former Wrestling Federation of India chief Brij Bhushan Sharan Singh and Vinod Tomar in a sexual harassment case.

How China, US Crack Down on Paper Leaks

How China, US Crack Down on Paper Leaks

Rediff.com30 Jul 2026

Beyond imprisonment, candidates caught cheating face cancellation of examination scores, blacklisting under China's social credit system and multi-year bans from appearing in state examinations.

US Court Dismisses Adani Criminal Case; Gautam Adani Says 'Truth Prevailed'

US Court Dismisses Adani Criminal Case; Gautam Adani Says 'Truth Prevailed'

Rediff.com11 Aug 2026

A US federal judge has permanently dismissed the criminal securities-fraud case against Adani Group chairman Gautam Adani and his nephew Sagar, closing nearly two years of prosecution without a trial. Gautam Adani stated, "Truth has prevailed," in response to the ruling.

Women Wrestlers Vow To Challenge Brij Bhushan Sharan Singh's Acquittal In Sexual Harassment Case

Women Wrestlers Vow To Challenge Brij Bhushan Sharan Singh's Acquittal In Sexual Harassment Case

Rediff.com3 Aug 2026

World Championships medallist Vinesh Phogat announced that women wrestlers will appeal a Delhi court's decision to acquit former Wrestling Federation of India (WFI) chief Brij Bhushan Sharan Singh and co-accused Vinod Tomar in a sexual harassment case. Phogat expressed deep sadness over the verdict and alleged that Singh used his influence to intimidate complainants, but affirmed the wrestlers' resolve to continue their fight for justice.

Rupee Exchange Rate Is Not Just A Number

Rupee Exchange Rate Is Not Just A Number

Rediff.com6 Jul 2026

If we really want to curb the further depreciation of the rupee and make the rupee appreciate, we want to come out of the mindset that the exchange rate is merely a number, bring policy corrections to help reduce the outflow of foreign exchange by imposing suitable tariffs to discourage imports and bring self reliance, discipline FPIs, and correcting rules governing royalty outflows, suggests Dr Ashwani Mahajan, National Co-Convenor, Swadeshi Jagaran Manch.

Delhi High Court Affirms EFI's Asian Games Dressage Team Selection

Delhi High Court Affirms EFI's Asian Games Dressage Team Selection

Rediff.com29 Jun 2026

The Delhi High Court has upheld the Equestrian Federation of India's (EFI) selection process for the Asian Games dressage team, dismissing petitions from riders Anush Agarwalla and Sudipti Hajela. The court found no arbitrariness or procedural impropriety, reinforcing the principle that judicial interference in expert selection bodies is limited. Challenges regarding Minimum Eligibility Requirements (MERs), criteria interpretation, and bias were all rejected.

Can Cong Stop BJP's Constitutional Push?

Can Cong Stop BJP's Constitutional Push?

Rediff.com17 Jul 2026

'Our leaders, including Mallikarjun Kharge and Rahul Gandhi, are in touch with all Opposition parties, including the DMK and the AAP.'

The H-1 B Visa and the Fading American Dream

The H-1 B Visa and the Fading American Dream

Rediff.com8 Jul 2026

The H-1B visa once symbolised the American Dream for Indians, but today's students are increasingly asking whether they need America at all. In 1995, the question was: How do I get to America? In 2026, it may be: Do I need to?

Governor can reserve bills re-sent by assembly: SC

Governor can reserve bills re-sent by assembly: SC

Rediff.com20 Nov 2025

The Supreme Court on Thursday held that the Governor can reserve a bill for consideration of the President even in the second instance, when the bill is again sent by the state assembly to him whether in its amended or unamended form.

Should India Retain The Inflation Targeting Regime?

Should India Retain The Inflation Targeting Regime?

Rediff.com1 Dec 2025

The best way for India to prepare is by preserving and strengthening the RBI's hard-won credibility, point out Rajeswari Sengupta and Vaishali Garga.

ISL to get a tech makeover with video support system!

ISL to get a tech makeover with video support system!

Rediff.com17 Oct 2025

AIFF's RFP: No franchisee fee for clubs in ISL, commercial partner to provide video support system

LPG Crisis Threatens Closure of Mumbai Hotels: What's Behind the Shortage?

LPG Crisis Threatens Closure of Mumbai Hotels: What's Behind the Shortage?

Rediff.com10 Mar 2026

Mumbai hotels and restaurants are facing potential closures due to a critical shortage of commercial LPG cylinders, with similar disruptions reported across India. The crisis stems from revised government priorities for domestically produced natural gas, impacting the hospitality sector and potentially affecting tourism.

Gold surges Rs 4,000 to fresh lifetime high of Rs 1.37 lakh/10g

Gold surges Rs 4,000 to fresh lifetime high of Rs 1.37 lakh/10g

Rediff.com15 Dec 2025

Gold prices surged by Rs 4,000 to touch an all-time high of Rs 1,37,600 per 10 grams in the national capital on Monday, tracking firm global cues, according to the All India Sarafa Association. The precious metal of 99.9 per cent purity had closed at Rs 1,33,600 per 10 grams on Friday.

Blackstone to invest Rs 6,200 crore for 9.99% stake in Federal Bank

Blackstone to invest Rs 6,200 crore for 9.99% stake in Federal Bank

Rediff.com25 Oct 2025

Private-sector lender Federal Bank on Friday announced that New York-based Blackstone will invest Rs 6,196.51 crore in the bank through its affiliate Asia II Topco XIII Pte Ltd via a preferential issue on a private placement basis.

Why Did Israel Kill Ali Larijani?

Why Did Israel Kill Ali Larijani?

Rediff.com18 Mar 2026

Israel has for more than two decades and several US presidencies worked to draw the United States into a full-scale war with Iran. Having finally achieved that, the last thing it wants is Trump declaring victory and going home, as he is prone to do. Ali Larijani was the figure most capable of handing Trump a negotiated exit with something to show for it. Without Larijani, the road to an exit gets considerably narrower. Prem Panicker continues his must read daily blog on the Gulf War.

Budget 2026: Regulatory Framework For Crypto Exchanges On Cards?

Budget 2026: Regulatory Framework For Crypto Exchanges On Cards?

Rediff.com27 Jan 2026

Enforcement agencies have highlighted risks related to money laundering and terror financing, prompting closer scrutiny of crypto platforms operating in India.

How to Turn Market News into Tradable Stocks?

How to Turn Market News into Tradable Stocks?

Rediff.com18 Dec 2025

If you are actively trading, you can't possibly overlook headlines. Early announcements, policy changes, or even a disruption in a certain industry habitually grab your attention. These headlines, when strategically assessed, can generate profitable trading ideas.

No legal challenge to governor, President's action on bills: SC

No legal challenge to governor, President's action on bills: SC

Rediff.com20 Nov 2025

The Supreme Court of India has ruled that the actions of governors and the President in granting, withholding, or reserving assent to bills are not subject to judicial review, emphasizing the separation of powers.

Deposit Rate Cuts Tough For Banks As Govt Retains Small Savings Rates

Deposit Rate Cuts Tough For Banks As Govt Retains Small Savings Rates

Rediff.com14 Jan 2026

'The government's decision to keep interest rates unchanged on small savings schemes will certainly constrain banks' ability to cut deposit rates further.'

H-1B Visa: The Hardest Hit Will Be...

H-1B Visa: The Hardest Hit Will Be...

Rediff.com26 Dec 2025

The US has replaced random H-1B selection with a wage-weighted lottery and a new $100,000 fee for applications, raising uncertainty for students and junior hires.

States Have Thrown A Spanner In RBI's Easy-Money Machine

States Have Thrown A Spanner In RBI's Easy-Money Machine

Rediff.com7 Jan 2026

State debt is rising because revenues are disappointingly weak. Ten states have debt ratios exceeding 30 per cent. In 2023-2024, states were borrowing simply to meet day-to-day expenses, points out Debashis Basu.

US Senators question TCS, 9 others over H-1B visa filings

US Senators question TCS, 9 others over H-1B visa filings

Rediff.com3 Oct 2025

Tata Consultancy Services (TCS), Cognizant and eight other major corporations have been questioned by US Senators for filing thousands of H-1B skilled labour visa petitions after conducting "mass layoffs" of American employees.

AIFF's 20-year blueprint to rescue Indian Super League

AIFF's 20-year blueprint to rescue Indian Super League

Rediff.com26 Dec 2025

If all goes well, the new season of ISL may start in the first week of February.

'Venezuela's Current Leaders Gave Maduro As A Trophy To Trump'

'Venezuela's Current Leaders Gave Maduro As A Trophy To Trump'

Rediff.com8 Jan 2026

'Trump had done a deal with the current regime minus Maduro. The current regime is giving Trump entry into Venezuelan oil. They are obeying him and doing whatever he says.' 'They are happy because they have saved their heads by sacrificing only two, Maduro and his wife. Thousands of Venezuelan military leaders would have been jailed or killed in American action had Maduro stayed in power.'

'Technology alone won't help win customer's confidence'

'Technology alone won't help win customer's confidence'

Rediff.com31 Oct 2025

The return on investment (RoI) from technologies such as artificial intelligence (AI) will take time to materialise, and the immediate priority should be to increase spending on building governance frameworks around AI, top bank executives said.

India stuns Switzerland, but where's the tennis plan?

India stuns Switzerland, but where's the tennis plan?

Rediff.com14 Sep 2025

But the big question that keeps striking the mind is, if Indian tennis system can actually claim this win as its own. The answer is: partially.

India sweats on Olympic, CWG bids as verdict nears

India sweats on Olympic, CWG bids as verdict nears

Rediff.com14 Oct 2025

Union Sports Minister Mansukh Mandaviya is also highlighting how the Indian sports scene is changing under the leadership of Prime Minister Narendra Modi.

Kremlin Didn't Know About Modi Gesture

Kremlin Didn't Know About Modi Gesture

Rediff.com5 Dec 2025

The Russians have termed Putin's visit to India, his first to this country since the outbreak of the Russia-Ukraine war, as 'Druzhba Dosti', which means 'friendship' in Russian and Hindi respectively.

AIFF secures full ownership of ISL!

AIFF secures full ownership of ISL!

Rediff.com19 Sep 2025

India's top-tier football league can no longer be owned or operated by private players as per the AIFF's new Constitution approved by the Supreme Court, which mandated the sport's apex body to take sole ownership of the product.

M&A financing the new frontier for banks, but RBI's watching

M&A financing the new frontier for banks, but RBI's watching

Rediff.com26 Nov 2025

Mint Road's proposals on banks' M&A funding are cautious even as entrants root for more elbow room, and weigh business models.