News for 'Foreign Exchange Crisis'

Greek debt crisis to have limited impact on India: Rajan

Greek debt crisis to have limited impact on India: Rajan

Rediff.com2 Jul 2015

Investors will see that India story actually continues to be a good one, he said.

Russia not selling gold to solve rouble crisis

Russia not selling gold to solve rouble crisis

Rediff.com23 Dec 2014

The rouble has been falling steadily since early November and collapsed earlier this month following a spectacular decline in the price of crude oil to five-year lows.

Trade on road to recovery but Indian firms tread cautiously

Trade on road to recovery but Indian firms tread cautiously

Rediff.com12 Oct 2024

Truck movements across the India-Bangladesh border are on the rise, with increasing rentals signalling a trade recovery between the two South Asian nations. Yet, geopolitical tension looms large, with Bangladesh now under an interim government for nearly two months.

Lanka may run out of fuel by April end; India's credit exhausting rapidly

Lanka may run out of fuel by April end; India's credit exhausting rapidly

Rediff.com8 Apr 2022

Sri Lanka is facing its worst economic crisis since gaining independence from the UK in 1948.

21 Indian fishermen arrested by Sri Lankan navy for alleged poaching

21 Indian fishermen arrested by Sri Lankan navy for alleged poaching

Rediff.com1 Feb 2022

The development came as the local fishermen in the North have been protesting for over a week to stop the Indians from entering the Sri Lankan waters for fishing.

Diesel at 100!!!

Diesel at 100!!!

Rediff.com22 Mar 2021

'The question often being asked is whether the demand for petrol and diesel is price inelastic?' asks Arun Balakrishnan, former chairman and managing director, Hindustan Petroleum.

'Trump Admires Only Himself'

'Trump Admires Only Himself'

Rediff.com11 Mar 2025

'He may respect others, but he is unlikely to admire them'

Crisis: Most A-Pac economies to be buffered

Crisis: Most A-Pac economies to be buffered

Rediff.com6 Nov 2008

Most of the Asia-Pacific economies would be cushioned by healthy foreign exchange reserves in the last quarter of the current calendar year, global ratings agency, Standard & Poor, said in a report.

Sri Lankan PM's house set afire; 2 shot, several hurt in protests

Sri Lankan PM's house set afire; 2 shot, several hurt in protests

Rediff.com9 May 2022

Sri Lanka Prime Minister Mahinda Rajapaksa's residence in the city of Kurunegala in the north-western province was set on fire on Monday, hours after the leader tendered his resignation.

Sudhir Ghosh: The MP Who Foresaw Quad

Sudhir Ghosh: The MP Who Foresaw Quad

Rediff.com17 Mar 2025

After the 1962 War with China, there was a demand to forge greater defence cooperation between India and the West. One such voice was that of Sudhir Ghosh, a distinguished MP, to tie up strategic cooperation with the USA immediately after the Chinese attack on India, recalls Rup Narayan Das.

Dialogue best way forward defuse Ukraine crisis: India

Dialogue best way forward defuse Ukraine crisis: India

Rediff.com25 Feb 2022

India has been in touch with all parties concerned as part of overall global efforts to bring down the tensions.

How India Can SHOCK-PROOF Economy

How India Can SHOCK-PROOF Economy

Rediff.com25 Mar 2022

Since jobs will remain scarce for the foreseeable future, an unemployment allowance should be the next big social-security initiative, suggests T N Ninan.

Amid crisis, Sri Lanka president flees on naval ship?

Amid crisis, Sri Lanka president flees on naval ship?

Rediff.com9 Jul 2022

His whereabouts was unknown as protesters have now occupied both his office and official residence.

'Go home' chant getting louder as pressure mounts on Gotabaya to quit

'Go home' chant getting louder as pressure mounts on Gotabaya to quit

Rediff.com10 Apr 2022

Eyewitnesses said that a section of the protesters had remained for the all-night vigil.

Netanyahu's Gaza Plan: Trap For Trump?

Netanyahu's Gaza Plan: Trap For Trump?

Rediff.com5 Feb 2025

'Netanyahu lured Trump into a trap by enticing him with a seductive scenario of massive lucrative business in Gaza's reconstruction.' 'Trump's imagination is running riot, completely disconnected from ground realities,' asserts Ambassador M K Bhadrakumar.

Paytm Crisis: StartUp Founders Take Note

Paytm Crisis: StartUp Founders Take Note

Rediff.com22 Feb 2024

Startup founders need to sit up and think about how not to take stardom for granted and how not to disappoint their fans who have stood in long queues for those precious selfies with popular entrepreneurs, notes Nivedita Mookerji.

'Who Does Not Want To Be Prime Minister?'

'Who Does Not Want To Be Prime Minister?'

Rediff.com27 Dec 2024

'We are going to need more technical people in government.' 'You can't expect a generalist to understand the complicated world of financial engineering.' 'I regret to say that most of our politicians have no competence to deal with these things. Nor is there a willingness to learn.'

Taxing The Rich To Please The Poor

Taxing The Rich To Please The Poor

Rediff.com15 May 2023

Taxing the rich will fetch nothing; only votes, argues Debashis Basu.

Exports up 9% in May; trade deficit widens to 7-month high

Exports up 9% in May; trade deficit widens to 7-month high

Rediff.com14 Jun 2024

India's merchandise exports rose by 9.1 per cent to $38.13 billion in May even as the trade deficit widened to a seven-month high of $23.78 billion during the month, according to government data. Healthy growth in sectors, such as engineering, electronics, pharmaceuticals, textiles and plastics helped register growth in exports despite global economic uncertainties.

Pak's new PM quietly exchanges letters with Putin to 'strengthen ties'

Pak's new PM quietly exchanges letters with Putin to 'strengthen ties'

Rediff.com24 Apr 2022

Pakistan's new Prime Minister Shehbaz Sharif and Russian President Vladimir Putin have quietly exchanged letters to strengthen bilateral relations, a media report said on Sunday, amidst allegations by Imran Khan that his maiden visit to Moscow, much against Washington's wishes, led to his ouster.

Greece crisis fails to make a dent on rupee

Greece crisis fails to make a dent on rupee

Rediff.com2 Jul 2015

The rupee appreciated by 0.27 per cent in June against the dollar.

Why RBI cannot pay Rs 3.6 trillion to the govt

Why RBI cannot pay Rs 3.6 trillion to the govt

Rediff.com3 Jan 2019

Neither the foreign exchange, nor the gold, and certainly not the revaluation reserve should be available for spending by anyone. he revaluation account is simply not money. It is simply an accounting entry, says Rashmin C Sanghvi.

Lanka crisis: PM Mahinda Rajapaksa proposes to amend Constitution

Lanka crisis: PM Mahinda Rajapaksa proposes to amend Constitution

Rediff.com19 Apr 2022

A statement issued by the Prime Minister's Office on Monday said that Mahinda Rajapaksa intends to propose a new Constitutional Amendment to the cabinet in order to fulfil the people's aspirations.

Want To Invest In Banking Sector Funds?

Want To Invest In Banking Sector Funds?

Rediff.com29 Jan 2025

The ideal time to invest in sector funds, is during a downturn so that investors can capitalise on a turnaround in 1.5 to 2 years.

Weak Rs to make India Inc's foreign debt repayment costly

Weak Rs to make India Inc's foreign debt repayment costly

Rediff.com15 Apr 2020

RBI is expecting the rupee to stay close to Rs 75 to a dollar, as COVID-19 forces foreign funds to withdraw from emerging markets.

US raises concerns over Chinese ship's Lanka visit

US raises concerns over Chinese ship's Lanka visit

Rediff.com27 Sep 2023

US Under Secretary Victoria Nuland, who met Sri Lankan Foreign Minister Ali Sabry in New York on the sidelines of the UN General Assembly session, raised concerns about the upcoming visit of the Chinese research vessel 'SHI YAN 6'

Lanka 'processing' China's request to allow docking of research ship

Lanka 'processing' China's request to allow docking of research ship

Rediff.com23 Aug 2023

Sri Lanka is currently processing a request by China to allow a research ship to dock in the country, a foreign ministry spokesperson said on Wednesday, a year after a visit by a Chinese spy vessel to the Island nation raised security concerns in India.

Chinese research ship docks in Colombo amid security concerns from US, India

Chinese research ship docks in Colombo amid security concerns from US, India

Rediff.com25 Oct 2023

A Chinese research ship on Wednesday docked at Sri Lanka's Colombo port, officials in Colombo said, amid security concerns raised by the US over its visit.

With President ready to quit, Lanka army chief urges people for peace

With President ready to quit, Lanka army chief urges people for peace

Rediff.com10 Jul 2022

Thousands of irate anti-government protesters in Sri Lanka on Saturday stormed into embattled President Rajapaksa's official residence in central Colombo's high-security Fort area after breaking the barricades, as they demanded his resignation over the island nation's worst economic crisis in recent memory.

Not in a position to host Asia Cup T20: Sri Lanka Cricket

Not in a position to host Asia Cup T20: Sri Lanka Cricket

Rediff.com20 Jul 2022

Sri Lanka Cricket on Wednesday informed the Asian Cricket Council that they will not be in a position to host the upcoming edition of the Asia Cup T20 because of the economic and political crisis in the island nation.

Lanka crisis: Blow to Rajapaksa govt as 3 MPs withdraw support

Lanka crisis: Blow to Rajapaksa govt as 3 MPs withdraw support

Rediff.com20 Apr 2022

Sri Lankan President Gotabaya Rajapaksa, who is under pressure to resign, was dealt a further blow on Wednesday when three more parliamentarians withdrew their support to the government.

How Modi govt brought economy back on track: White Paper

How Modi govt brought economy back on track: White Paper

Rediff.com8 Feb 2024

The 54-page document tabled in Parliament detailed how the Modi-government pull the economy from being counted among the most fragile-five in the world to being the fasted growing and the most attractive investment destination.

Chinese spy warship docks in Colombo port, 2nd in year

Chinese spy warship docks in Colombo port, 2nd in year

Rediff.com11 Aug 2023

A Chinese Navy warship capable of surveillance has docked at the Colombo port, nearly a year after another spy vessel berthed at a strategic port in the country and raised concerns in India.

Babri, economic reforms, scams: Rao's action-packed 5-year term as PM

Babri, economic reforms, scams: Rao's action-packed 5-year term as PM

Rediff.com9 Feb 2024

His five-year rule saw the Babri Masjid demolition, the rise of the saffron forces and also the country being placed firmly on a new economic path, away from the Nehru years of public sector socialism.

Why Are Sri Lankans Protesting?

Why Are Sri Lankans Protesting?

Rediff.com18 Mar 2022

Angry protests in Colombo as Sri Lanka grapples with its worst ever economic crisis.

Still in hiding, Rajapaksa orders cooking gas distribution for public

Still in hiding, Rajapaksa orders cooking gas distribution for public

Rediff.com10 Jul 2022

In recent months people have been blocking roads across the country in a desperate bid to force the government to address the issue of acute gas shortages.

'Living Standards For Indians Will Rise Steeply'

'Living Standards For Indians Will Rise Steeply'

Rediff.com5 Oct 2024

'It took us 75 years to reach a per capita income of $2,730.' 'According to IMF projections, it will take only five years to add another $2,000.'

Adani Crisis: What RBI, SEBI Must Do

Adani Crisis: What RBI, SEBI Must Do

Rediff.com6 Mar 2023

In the context of market integrity, the IRAI and RBI should go over the minutes of the LIC and SBI board meetings when the decisions to invest in Adani equity or debt were taken, notes Jaimini Bhagwati, former World Bank treasury professional.

Will ED Raids Derail BYJU's Funding Plans?

Will ED Raids Derail BYJU's Funding Plans?

Rediff.com11 May 2023

'Which fund manager in the world will put money into a company that hasn't filed its annual account?'

Iranian foreign minister raises anti-Prophet remarks during talks

Iranian foreign minister raises anti-Prophet remarks during talks

Rediff.com9 Jun 2022

External Affairs Minister S Jaishankar held wide-ranging talks with his visiting Iranian counterpart Hossein Amir-Abdollahian on Wednesday against the backdrop of widespread anger in West Asia over controversial remarks on Prophet Mohammed made by two former Bharatiya Janata Party spokespersons.