News for 'Foreign exchange'

Tax changes sweeten the deal, making share buybacks attractive for Indian companies

Tax changes sweeten the deal, making share buybacks attractive for Indian companies

Rediff.com5 May 2026

Indian companies are increasingly turning to share buybacks as a preferred payout strategy, driven by recent tax framework changes that make them more tax-efficient for non-promoter shareholders and a fall in stock prices.

Himanta Biswa Sarma: From AASU to BJP's Northeast face

Himanta Biswa Sarma: From AASU to BJP's Northeast face

Rediff.com1 days ago

Himanta Biswa Sarma's return as Assam's Chief Minister underscores the BJP's increasing dominance in the northeast, marked by both development and divisive policies.

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.

RBI takes measured steps on liquidity amid tax outflows

RBI takes measured steps on liquidity amid tax outflows

Rediff.com9 Mar 2026

To meet liquidity pressure because of advance tax outflows this month, the Reserve Bank of India (RBI) has adopted a measured approach with its latest announcement of open-market operations (OMOs), worth Rs 1 trillion.

Mamata Banerjee Obstructed Coal Smuggling Probe, ED Tells Supreme Court

Mamata Banerjee Obstructed Coal Smuggling Probe, ED Tells Supreme Court

Rediff.com23 Apr 2026

The Enforcement Directorate has accused West Bengal Chief Minister Mamata Banerjee of obstructing its investigation into a Rs 2,700-crore coal smuggling case, alleging she used state machinery to halt a search of an I-PAC office in Kolkata.

India's Forex Reserves Surge to a Historic Peak of $728.5 Bn

India's Forex Reserves Surge to a Historic Peak of $728.5 Bn

Rediff.com6 Mar 2026

India's foreign exchange reserves have surged to an all-time high, reaching USD 728.494 billion, according to the Reserve Bank of India. This increase is attributed to a rise in foreign currency assets and gold reserves.

Pakistan, Saudi Arabia, Turkiye, And Egypt Aim To Boost Cooperation

Pakistan, Saudi Arabia, Turkiye, And Egypt Aim To Boost Cooperation

Rediff.com18 Apr 2026

Foreign Ministers from Pakistan, Saudi Arabia, Turkiye, and Egypt convened in Antalya to explore avenues for enhanced cooperation across various sectors of mutual interest, reaffirming their commitment to regional peace and stability.

38 ships turned back as US tightens Iran blockade; Tehran rushes to Moscow

38 ships turned back as US tightens Iran blockade; Tehran rushes to Moscow

Rediff.com27 Apr 2026

The United States Central Command (CENTCOM) has announced that American forces are maintaining a strict maritime restrictive operation in the region, continuing to enforce a blockade against Iranian ports.

Strong domestic growth will attract foreign investments: RBI Governor

Strong domestic growth will attract foreign investments: RBI Governor

Rediff.com14 Jan 2026

Strong domestic growth will continue to draw foreign investment into the Indian economy, Reserve Bank of India (RBI) Governor Sanjay Malhotra said on Tuesday. He said this was reflected in recent free trade agreements and investment commitments by large technology companies.

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.

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.

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.

No date yet for next round of US-Iran talks, says Pakistan

No date yet for next round of US-Iran talks, says Pakistan

Rediff.com16 Apr 2026

Pakistan is playing a key role in facilitating talks between the US and Iran, but the future of these negotiations remains uncertain. Despite ongoing diplomatic efforts, no dates have been set for a second round of discussions.

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.

Iran's Abbas Araghchi lands in Pak again amid uncertainty over US talks

Iran's Abbas Araghchi lands in Pak again amid uncertainty over US talks

Rediff.com26 Apr 2026

Iranian Foreign Minister Abbas Araghchi visited Pakistan for the second time in three days amid uncertainty surrounding potential peace talks with the US. The visit follows discussions in Oman regarding regional security and efforts to resolve the Iran-US conflict.

Indian Markets Extend Losses as Crude Oil Breaches $100 Amid US-Iran Standoff

Indian Markets Extend Losses as Crude Oil Breaches $100 Amid US-Iran Standoff

Rediff.com23 Apr 2026

Indian stock markets experienced a second consecutive day of losses, with the Sensex tumbling 852 points, as crude oil prices surpassed USD 100 per barrel due to stalled US-Iran negotiations and escalating geopolitical tensions in West Asia.

ED slaps Rs 184-cr FEMA penalty on NewsClick, Purkayastha

ED slaps Rs 184-cr FEMA penalty on NewsClick, Purkayastha

Rediff.com16 Feb 2026

The Enforcement Directorate (ED) has imposed a Rs 184-crore penalty on NewsClick and its founder, Prabir Purkayastha, for alleged FEMA violations related to foreign funding and misrepresentation of business activities.

Iran offers deal to reopen Strait of Hormuz to end US blockade: Report

Iran offers deal to reopen Strait of Hormuz to end US blockade: Report

Rediff.com29 Apr 2026

Iran has submitted a fresh proposal to regional intermediaries offering to cease its military operations in the Strait of Hormuz, contingent upon a complete cessation of hostilities and the removal of the US blockade on Iranian maritime hubs.

Rupee hits record intra-day low in early trade, falls 12 paise/USD

Rupee hits record intra-day low in early trade, falls 12 paise/USD

Rediff.com13 Mar 2026

The Indian rupee fell to a record low against the US dollar due to rising crude oil prices, foreign institutional investor selling, and weak domestic equity market sentiment.

Sensex, Nifty Extend Losses as Surging Oil Prices and IT Sell-off Hit Markets

Sensex, Nifty Extend Losses as Surging Oil Prices and IT Sell-off Hit Markets

Rediff.com24 Apr 2026

Indian equity benchmark indices Sensex and Nifty tumbled over 1 per cent for the third consecutive day, driven by a sharp rally in crude oil prices, massive selling in IT stocks, and unabated foreign fund outflows amid ongoing geopolitical tensions in the Middle East.

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.

Stock markets rally as US-Iran talks progress, crude oil prices tumble

Stock markets rally as US-Iran talks progress, crude oil prices tumble

Rediff.com7 days ago

Indian benchmark indices, Sensex and Nifty, rallied significantly following a sharp decline in crude oil prices. This decline was triggered by US President Donald Trump's announcement of progress in negotiations with Iran towards a peace agreement, which led to renewed optimism in global markets.

India's forex reserves drop $2.1 bn to $723.6 bn

India's forex reserves drop $2.1 bn to $723.6 bn

Rediff.com27 Feb 2026

India's forex reserves decreased by $2.119 billion to $723.608 billion during the week ended February 20, according to the RBI.

Stock markets today: Sensex, Nifty50 fall in early trade dragged by IT firms

Stock markets today: Sensex, Nifty50 fall in early trade dragged by IT firms

Rediff.com22 Apr 2026

Indian benchmark equity indices, Sensex and Nifty, experienced a decline in early trade, ending a three-day rally, primarily due to heavy selling in IT stocks and concerns over prolonged instability in West Asia.

Stock Markets Today: Sensex, Nifty50 Tumble as Brent Crude Breaches $100

Stock Markets Today: Sensex, Nifty50 Tumble as Brent Crude Breaches $100

Rediff.com23 Apr 2026

Indian equities on Dalal Street saw volatility as global market trends and oil price hike impacted investor sentiment. Track Sensex, Nifty50 movement and key market drivers for Apr 23, 2026.

Iran's Araghchi lands in Islamabad for second round of talks with US

Iran's Araghchi lands in Islamabad for second round of talks with US

Rediff.com25 Apr 2026

An Iranian delegation, led by Foreign Minister Abbas Araghchi, is expected to arrive in Islamabad for the second round of peace talks with the US, according to Pakistani media reports. This follows a phone call between Deputy Prime Minister Ishaq Dar and Araghchi regarding the US-Iran ceasefire and Pakistan's diplomatic efforts.

Stock Markets Today: Sensex, Nifty50 Rally as US-Iran Tensions Ease

Stock Markets Today: Sensex, Nifty50 Rally as US-Iran Tensions Ease

Rediff.com16 Apr 2026

Indian markets on Dalal Street rallied sharply as easing tensions in the US-Iran conflict and stable oil prices boosted sentiment. Track Nifty50 and BSE Sensex performance and key global triggers.

Pakistan intensifies efforts for US-Iran talks after ceasefire extension

Pakistan intensifies efforts for US-Iran talks after ceasefire extension

Rediff.com23 Apr 2026

Pakistan has intensified its efforts to bring the US and Iran back to the negotiating table to end the war in West Asia, following President Trump's extension of the ceasefire. Pakistani officials have engaged with Iranian, Turkish, and British counterparts to promote dialogue and diplomacy for a peaceful resolution.

Gold Reserves Drop Hit Forex Reserves

Gold Reserves Drop Hit Forex Reserves

Rediff.com28 Mar 2026

The contraction in total reserves was driven by a fall in gold reserves, which dropped $13.49 billion to $117.19 billion during the reported week.

Sensex Down 757 Points on Heavy Selling in IT Shares

Sensex Down 757 Points on Heavy Selling in IT Shares

Rediff.com22 Apr 2026

Indian benchmark equity indices, Sensex and Nifty, snapped a three-day rally, tumbling nearly 1 per cent due to heavy selling in IT stocks, a jump in crude oil prices, foreign fund outflows, and fears of prolonged instability in West Asia.

Stock Markets Today: Sensex, Nifty50 in Green Amid Easing Geopolitical Tensions

Stock Markets Today: Sensex, Nifty50 in Green Amid Easing Geopolitical Tensions

Rediff.com17 Apr 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.

Munir-led Pak delegation reaches Tehran for peace talks

Munir-led Pak delegation reaches Tehran for peace talks

Rediff.com16 Apr 2026

A Pakistani delegation, led by Army Chief Field Marshal Asim Munir, has arrived in Tehran to mediate the ongoing conflict between the US and Iran, following initial talks in Islamabad.

Russia-China to Discuss West Asia Conflict and Strait of Hormuz Blockade

Russia-China to Discuss West Asia Conflict and Strait of Hormuz Blockade

Rediff.com13 Apr 2026

Russian Foreign Minister Sergei Lavrov will visit Beijing to discuss the West Asia conflict, the Strait of Hormuz blockade, and bilateral relations with Chinese leaders.

RBI Keen to Expand Use of Indian Rupee for Russian Trade

RBI Keen to Expand Use of Indian Rupee for Russian Trade

Rediff.com19 Mar 2026

The Reserve Bank of India (RBI) is exploring ways for Russian trade counterparts to use accumulated Indian rupees (INR) for imports or capital investments in India, aiming to boost INR-Rouble transactions and reduce reliance on the US dollar.

Forex reserves rise by $14 bn to $700 bn

Forex reserves rise by $14 bn to $700 bn

Rediff.com23 Jan 2026

India's foreign exchange reserves jumped by $14 billion to $701 billion during the week ended January 16, the Reserve Bank said on Friday. The overall reserves had increased by $392 million to $687 billion in the preceding week.

Rupee Hits All-Time Low as Oil Prices Surge and Dollar Strengthens

Rupee Hits All-Time Low as Oil Prices Surge and Dollar Strengthens

Rediff.com9 Mar 2026

The Indian rupee crashed to a record closing low against the US dollar due to rising global crude oil prices, a strengthening dollar, and geopolitical tensions in the Middle East.

Rupee posts biggest annual decline in 14 years, tumbles 9.88% in FY26

Rupee posts biggest annual decline in 14 years, tumbles 9.88% in FY26

Rediff.com30 Mar 2026

The Indian rupee rebounded against the US dollar after the Reserve Bank of India (RBI) restricted banks' net open positions in dollars. This move prompted banks to sell dollars, providing temporary support for the rupee amidst ongoing geopolitical tensions and rising oil prices.

Stock Markets Rally: Sensex Climbs 500 Pts Amid Easing Geopolitical Tensions

Stock Markets Rally: Sensex Climbs 500 Pts Amid Easing Geopolitical Tensions

Rediff.com17 Apr 2026

Indian benchmark indices Sensex and Nifty rallied nearly 1 per cent, driven by optimism over easing geopolitical tensions in the Middle East and fresh foreign fund inflows, with the Sensex gaining over 500 points.

'India Playing A Chess Game In Nepal'

'India Playing A Chess Game In Nepal'

Rediff.com24 Apr 2026

'Nepal today is far more aware, self-confident, aspirational, and assertive.' 'India's policy so far has not been geared to this shift. It is time to redraw our Nepal strategy.'

Stock markets today: Sensex, Nifty50 close flat in volatile trade

Stock markets today: Sensex, Nifty50 close flat in volatile trade

Rediff.com20 Apr 2026

Indian benchmark indices, Sensex and Nifty, closed almost unchanged in a volatile session as investors reacted cautiously to mounting geopolitical headwinds and a significant jump in crude oil prices, with Brent crude surging to USD 94.68 per barrel.