News for 'Foreign exchange'

20 countries with the largest foreign exchange reserves

20 countries with the largest foreign exchange reserves

Rediff.com25 Apr 2013

Forex reserves include a country's gold holdings and convertible foreign currencies held in its banks, including special drawing rights and exchange reserve balances, with the International Monetary Fund.

Middle East Crisis: The New Fog of War

Middle East Crisis: The New Fog of War

Rediff.com13 Mar 2026

When everyone has footage and no one can verify it, the loudest voice wins, notes Prem Panicker who begins a daily blog on the War in the Middle East.

Rupee Logs 7-Year Best Day...

Rupee Logs 7-Year Best Day...

Rediff.com4 Feb 2026

The rupee, which was the worst performing Asian currency in 2025 and also in January, was the best performing Asian currency on Tuesday.

Markets bleed; Sensex tumbles 1,236 pts on selling in RIL, HDFC Bank

Markets bleed; Sensex tumbles 1,236 pts on selling in RIL, HDFC Bank

Rediff.com19 Feb 2026

Benchmark Sensex tumbled 1,236 points or 1.5 per cent while Nifty closed near 25,450 on Thursday following an across-the-board sell-off amid escalating geopolitical tensions between the US and Iran.

25K individuals to get SMS/e-mails from I-T dept for non-disclosure of foreign assets

25K individuals to get SMS/e-mails from I-T dept for non-disclosure of foreign assets

Rediff.com28 Nov 2025

The Income Tax department will start sending SMS/emails to about 25,000 individuals, who are part of the "high-risk" cases identified for non-disclosure of foreign assets in the income tax returns (ITRs) filed for Assessment Year (AY) 2025-26, sources said.

India's forex reserves decline $4.47 bn to $688 bn

India's forex reserves decline $4.47 bn to $688 bn

Rediff.com28 Nov 2025

India's forex reserves declined $4.47 billion to $688.104 billion during the week ended November 21 due to a steep decrease in the value of gold reserves, the RBI said on Friday.

Sensex closed 283 points higher on buying in bank, metal shares

Sensex closed 283 points higher on buying in bank, metal shares

Rediff.com18 Feb 2026

Benchmark equity indices Sensex and Nifty extended their gains for the third straight session on Wednesday, driven by last-hour buying in bank, metal, and FMCG shares.

75 Years Apart: Nehru's Caution Vs Modi's Conviction

75 Years Apart: Nehru's Caution Vs Modi's Conviction

Rediff.com26 Feb 2026

India and Israel share a deep historical bond, and Prime Minister Modi's visit to the Knesset marked a bold shift from past diplomatic hesitation to open strategic partnership.

Sensex jumps 650 points on buying in power, banking stocks

Sensex jumps 650 points on buying in power, banking stocks

Rediff.com16 Feb 2026

Equity benchmark indices Sensex and Nifty rebounded sharply by nearly 1 per cent on Monday, driven by strong buying in power, banking, and financial stocks.

RBI to infuse Rs 3 trn liquidity via OMOs, buy-sell swap after rupee defence

RBI to infuse Rs 3 trn liquidity via OMOs, buy-sell swap after rupee defence

Rediff.com24 Dec 2025

The Reserve Bank of India (RBI) on Tuesday announced a fresh round of liquidity measures through open-market operations (OMOs) and a foreign exchange buy-sell swap, under which it will inject close to Rs 3 trillion into the banking system. The central bank said it would purchase Government of India securities worth Rs 2 trillion through OMOs, spread across four tranches of Rs 50,000 crore each to be conducted on December 29, January 5, January 12 and January 22.

Will Iran pull out of FIFA World Cup 2026 in US, Canada, Mexico?

Will Iran pull out of FIFA World Cup 2026 in US, Canada, Mexico?

Rediff.com2 Mar 2026

Iran's participation in this year's World Cup has been called into question after co-hosts the United States launched joint air strikes at the country along with Israel at the weekend.

ISRO Invites Indian Industry To Build Space Station

ISRO Invites Indian Industry To Build Space Station

Rediff.com19 Jan 2026

The Bharatiya Antariksh Station represents the next phase of India's human spaceflight ambitions, enabling long-duration presence in space, advanced microgravity research and technology development, and supporting future human exploration missions.

RBI steers away from aggressive intervention as rupee touches new lows

RBI steers away from aggressive intervention as rupee touches new lows

Rediff.com5 Dec 2025

As the rupee remains under pressure due to several headwinds and the uncertainty around the India-US trade deal, the Reserve Bank of India (RBI) has been stepping in only to calm volatility, not to stop the fall.

Sensex rebounds, climbs 316 pts; banks, metal stocks shine

Sensex rebounds, climbs 316 pts; banks, metal stocks shine

Rediff.com20 Feb 2026

Stock markets rebounded on Friday with the benchmark Sensex closing higher by 316 points after heavy buying in banking and metal shares amid optimism over trade deal progresses and India's participation in Pax Silica.

Govt moves to shield trade as Iran war chokes sea routes

Govt moves to shield trade as Iran war chokes sea routes

Rediff.com5 Mar 2026

With the Iran war escalating sharply and crisis deepening in the global energy market, India on Monday unveiled a coordinated plan to support exporters and shippers caught in the fallout.

How BSE, NSE will likely perform this week

How BSE, NSE will likely perform this week

Rediff.com25 Jan 2026

Stock market is gearing up for an eventful week ahead where key triggers such as quarterly earnings from corporates, the US Fed interest rate decision and the upcoming Union Budget for 2026-27 would grab the limelight, analysts said.

Netanyahu reveals Modi's two-day Israel visit, strategic ties in focus

Netanyahu reveals Modi's two-day Israel visit, strategic ties in focus

Rediff.com16 Feb 2026

Prime Minister Narendra Modi is scheduled to visit Israel for two days to discuss bilateral and regional issues, marking his second visit to the Jewish state and highlighting the growing strategic partnership between India and Israel.

Forex reserves jump $5.54 bn to $692.57 bn

Forex reserves jump $5.54 bn to $692.57 bn

Rediff.com21 Nov 2025

India's forex reserves jumped $5.54 billion to $692.57 billion during the week ended November 14 due to a steep increase in the value of gold reserves, the RBI said on Friday.

Israeli opposition threatens to boycott Modi's address to Parliament

Israeli opposition threatens to boycott Modi's address to Parliament

Rediff.com22 Feb 2026

Prime Minister Narendra Modi's upcoming visit to Israel is facing political complications as opposition leader Yair Lapid threatens to boycott his parliamentary address unless the Supreme Court chief is invited, adhering to standard protocol.

Rupee ends up 53 paise to 89.67/USD

Rupee ends up 53 paise to 89.67/USD

Rediff.com19 Dec 2025

The rupee appreciated 53 paise to close at 89.67 against the US dollar on Friday, supported by corporate dollar inflows and easing crude oil prices. Forex traders said a positive trend in domestic equities and Brent crude oil prices hovering near $59 per barrel supported the domestic unit at lower levels.

Sensex surges on firm global trends, fresh foreign fund

Sensex surges on firm global trends, fresh foreign fund

Rediff.com20 Nov 2025

Among Sensex firms, Bajaj Finance, Bajaj Finserv, Reliance Industries, HDFC Bank, Tech Mahindra and Axis Bank were the major gainers. However, Asian Paints, HCL Tech, Titan and Hindustan Unilever were among the laggards.

India Opens Doors To Foreign Banks, But...

India Opens Doors To Foreign Banks, But...

Rediff.com12 Nov 2025

But selectively, with regulatory scrutiny and special approval, points out Tamal Bandyopadhyay.

Countries with most foreign exchange reserves in the world

Countries with most foreign exchange reserves in the world

Rediff.com2 Mar 2012

Foreign exchange held by a nation is one way to measure a country's economic power.

Foreign exchange reserves will cushion rupee volatility: RBI

Foreign exchange reserves will cushion rupee volatility: RBI

Rediff.com12 Aug 2014

RBI governor Raghuram Rajan is concernedabout the rupee votality.

What's Choking India's Capital Markets

What's Choking India's Capital Markets

Rediff.com2 Feb 2026

'Large firms and their interests can dominate the narrative, even as smaller stakeholders and retail investors struggle to be heard.' 'Regulators therefore require deep subject-matter expertise to assess representations, recognise underlying incentives, incorporate the perspectives of less-visible stakeholders, and guard against bias or capture,' notes Ananth Narayan.

In Hampi: Hanuman Lives Through Ramu

In Hampi: Hanuman Lives Through Ramu

Rediff.com2 Mar 2026

He was enacting and telling stories of none other than Lord Hanuman, the figure, to date, that rules the hearts of the people of Kishkinda or present-day Hampi in the Vijayanagar district of Karnataka.

Pak-Afghan forces exchange fire amid peace talks

Pak-Afghan forces exchange fire amid peace talks

Rediff.com7 Nov 2025

Pakistani and Afghan forces exchanged fire, testing the fragile peace between the two sides as officials from both countries held talks in Turkiye to find a lasting solution to cross-border militancy.

Sensex crashes over 1K points on selling in metal, IT stocks

Sensex crashes over 1K points on selling in metal, IT stocks

Rediff.com13 Feb 2026

Benchmark equity indices Sensex and Nifty tumbled more than 1 per cent on Friday due to across-the-board selloff, especially in metal, IT and commodity stocks, tracking sluggish global markets.

How stock markets will fare on this Budget Day

How stock markets will fare on this Budget Day

Rediff.com1 Feb 2026

Bharat Electronics, Power Grid, NTPC and HDFC Bank were among the other major gainers. However, Infosys, Tata Steel, Eternal and Tech Mahindra were among the laggards.

Sensex sinks 504 points amid weak global trends

Sensex sinks 504 points amid weak global trends

Rediff.com5 Feb 2026

Benchmark indices Sensex and Nifty ended lower on Thursday, snapping a three-day rally, amid a weak trend in global stock markets.

Rupee to grapple incessant volatility in 2026; US trade pact may not be silver bullet

Rupee to grapple incessant volatility in 2026; US trade pact may not be silver bullet

Rediff.com31 Dec 2025

The Indian rupee, swaying through multiple headwinds, tiding over global trade disruptions and massive foreign fund outlfows, is unlikely to arrest its descent until tariff impact overhangs, notwithstanding robust domestic macroeconomic tailwinds. The Reserve Bank of India (RBI), which sees the rupee's depreciation as a silver bullet to offset the tariff shock, expects the currency to find its stable course once India reaches a trade deal with its largest trading partner, the US.

Rupee recovers 55 paise from all-time low to close at 90.38/USD

Rupee recovers 55 paise from all-time low to close at 90.38/USD

Rediff.com17 Dec 2025

The rupee recovered 55 paise from its all-time low level to close at 90.38 against the US dollar after a volatile trade on Wednesday, amid suspected aggressive central bank intervention.

Sensex up 174 points on gains in bank, IT stocks

Sensex up 174 points on gains in bank, IT stocks

Rediff.com17 Feb 2026

Stock markets closed higher for the second straight session on Tuesday, driven by gains in bank, IT and capital goods shares.

Sensex climbed 208 points even as investors turned to profit-booking

Sensex climbed 208 points even as investors turned to profit-booking

Rediff.com10 Feb 2026

Equity benchmark indices Sensex and Nifty advanced for the third straight session on Tuesday driven by firm global cues and optimism over India-US trade agreement, even as investors turned to profit-booking at higher levels.

Sensex, Nifty close almost unchanged in choppy trade

Sensex, Nifty close almost unchanged in choppy trade

Rediff.com11 Feb 2026

Benchmark stock indices Sensex and Nifty closed on a flat note in a choppy session on Wednesday as gains in PSU banks and auto shares were offset by losses in IT stocks.

STT hike on Futures drags markets down; Sensex crashes 1,547 points

STT hike on Futures drags markets down; Sensex crashes 1,547 points

Rediff.com1 Feb 2026

Benchmark stock indices Sensex and Nifty dived sharply by nearly 2 per cent on Sunday after Finance Minister Nirmala Sitharaman proposed a hike in the Securities Transaction Tax (STT) on derivatives. Reversing the early gains, the 30-share BSE Sensex plunged sharply by 2,370.36 points or 2.88 per cent to slide below the 80,000-mark at 79,899.42 in afternoon trade as the finance minister announced a hike in STT on futures contracts to 0.05 per cent from the current 0.02 per cent.

ED issues FEMA notice to Kerala CM in Masala Bond case

ED issues FEMA notice to Kerala CM in Masala Bond case

Rediff.com1 Dec 2025

The Enforcement Directorate has issued a Rs 466-crore FEMA show cause notice to Kerala CM Pinarayi Vijayan, former finance minister Thomas Issac, and the CM's chief principal secretary K M Abraham in the KIIFB Masala Bond case.

Sensex tumbles 558 points on sell-off in IT shares

Sensex tumbles 558 points on sell-off in IT shares

Rediff.com12 Feb 2026

Benchmark BSE Sensex fell 558 points on Thursday amid heavy selling in IT shares, as concerns over AI-led disruptions and waning hopes of a Fed rate cut after firm US economic data weighed on investor sentiment.

Rupee falls 23 paise to settle at fresh record low of 91.01/USD

Rupee falls 23 paise to settle at fresh record low of 91.01/USD

Rediff.com16 Dec 2025

The rupee fell 23 paise against the greenback to settle at a new all-time low of 91.01 (provisional) on Tuesday, weighed down by relentless foreign fund outflows, no breakthrough in India-US trade deal, and persistent US dollar buying.

Sensex tanks over 519 points on foreign fund outflows

Sensex tanks over 519 points on foreign fund outflows

Rediff.com4 Nov 2025

From the Sensex firms, Power Grid, Eternal, Tata Motors, Tata Steel, Maruti and Bharat Electronics, were among the major laggards. However, Titan, Bharti Airtel, Bajaj Finance, Mahindra & Mahindra, and State Bank of India were the gainers.