News for 'Foreign exchange'

Trade war hit on India likely to be limited: RBI

Trade war hit on India likely to be limited: RBI

Rediff.com23 Apr 2025

The Indian economy could remain less affected by global trade wars than other countries because the two engines of domestic growth - consumption and investment - are likely to face a limited impact from such headwinds, according to an article on the 'State of the Economy' in the Reserve Bank of India's (RBI's) bulletin, released on Tuesday.

Markets back in red amid foreign fund outflows

Markets back in red amid foreign fund outflows

Rediff.com18 Feb 2025

From the Sensex pack, IndusInd Bank, Mahindra & Mahindra, UltraTech Cement, Hindustan Unilever, Sun Pharma, Tata Consultancy Services, ITC and Asian Paints were among the biggest laggards. NTPC, Zomato, Tech Mahindra, Power Grid, Kotak Mahindra Bank and HCL Tech were among the gainers.

'Borders have been quiet': Chinese FM meets NSA Doval

'Borders have been quiet': Chinese FM meets NSA Doval

Rediff.com19 Aug 2025

National Security Advisor Ajit Doval stated that India-China relations have shown an "upward trend" in the past nine months, with peace prevailing along the Line of Actual Control (LAC). This statement was made during talks with Chinese Foreign Minister Wang Yi on the boundary issue, ahead of Prime Minister Modi's visit to China for the SCO summit.

Will Modi, Trump meet soon? US official says sure, but...

Will Modi, Trump meet soon? US official says sure, but...

Rediff.com25 Sep 2025

'Trump is not shy when he is frustrated with countries'

China attaches great importance to Modi's SCO visit: Wang Yi

China attaches great importance to Modi's SCO visit: Wang Yi

Rediff.com20 Aug 2025

China's Foreign Minister Wang Yi expressed China's anticipation for Prime Minister Narendra Modi's visit to the Shanghai Cooperation Organisation (SCO) summit, emphasizing the importance of strong India-China relations and mutual cooperation.

Two Chinese ministers attend India's I-Day reception in Beijing

Two Chinese ministers attend India's I-Day reception in Beijing

Rediff.com15 Aug 2025

Two senior Chinese ministers attended India's Independence Day reception in Beijing, signaling a potential improvement in relations ahead of Prime Minister Modi's expected visit to China for the Shanghai Cooperation Organisation summit.

Sensex jumps 1,006 pts on buying in RIL, foreign fund inflows

Sensex jumps 1,006 pts on buying in RIL, foreign fund inflows

Rediff.com28 Apr 2025

Sun Pharma, Tata Steel, State Bank of India, Axis Bank, Tata Motors, Larsen & Toubro and ICICI Bank were also among the Sensex gainers. HCL Tech, UltraTech Cement, Nestle and Hindustan Unilever were among the laggards.

Sensex climbs 143 points on buying in ICICI Bank, Reliance

Sensex climbs 143 points on buying in ICICI Bank, Reliance

Rediff.com21 Aug 2025

Among Sensex firms, Bajaj Finserv, ICICI Bank, Reliance Industries, Bajaj Finance, Larsen & Toubro and Bharat Electronics were the major gainers. However, Power Grid, Eternal, Hindustan Unilever and Adani Ports were among the laggards.

Forex kitty jumps $6.6 bn to $665.4 bn

Forex kitty jumps $6.6 bn to $665.4 bn

Rediff.com4 Apr 2025

India's forex kitty jumped $6.596 billion to $665.396 billion during the week ended March 28, the RBI said on Friday. In the previous reporting week, the overall reserves rose by $4.53 billion to $658.8 billion, the RBI said on Friday.

How Chinese state media reported on Modi's visit

How Chinese state media reported on Modi's visit

Rediff.com31 Aug 2025

The Global Times, a prominent state-run Chinese media outlet, published an article titled "China and India are cooperation partners, not rivals: Xi," highlighting President Xi Jinping's remarks about the bilateral meeting, saying, "as long as the two countries stick to this overarching direction, China-India relations can sustain steady and long-term growth."

Turbulence In Tokyo: What It Means For India

Turbulence In Tokyo: What It Means For India

Rediff.com12 Sep 2025

Prime Minister Shigeru Ishiba's sudden resignation after only a year in office has thrown Japan into political turmoil, raising doubts about how the country will handle economic and regional challenges, observes Dr Rajaram Panda.

'US Needs India To Keep China In Check'

'US Needs India To Keep China In Check'

Rediff.com8 Sep 2025

'If Washington has to balance Chinese power, she will have to turn to the third biggest power in the world which is India.' 'The United States and India will have to work together in order to keep Chinese ambitions in check.'

Religious Tourism Is A Money Spinner

Religious Tourism Is A Money Spinner

Rediff.com14 Apr 2025

Religious tourism witnessed 1,439 million tourists in 2022, generating Rs 1.34 trillion in revenue.

Unilateral bullying...: China to India amid Trump tariff war

Unilateral bullying...: China to India amid Trump tariff war

Rediff.com19 Aug 2025

Chinese Foreign Minister Wang Yi said that it is imperative for the two sides to view each other as partners and opportunities rather than rivals or threats, and invest their valuable resources in development and revitalisation.

'Sensex Is Barometer Of Economy And Capital Markets'

'Sensex Is Barometer Of Economy And Capital Markets'

Rediff.com18 Jul 2025

'BSE has facilitated nearly Rs 35 trillion in capital raising across multiple segments.'

Sebi flags Rs 77,800 cr as difficult-to-recover dues in FY25 annual report

Sebi flags Rs 77,800 cr as difficult-to-recover dues in FY25 annual report

Rediff.com13 Aug 2025

The Securities and Exchange Board of India (Sebi) has identified around Rs 77,800 crore as "difficult-to-recover" or DTR dues in its annual report for 2024-25 (FY26), marking a nearly 2 per cent increase from the previous year. These dues remain unrecovered despite exhaustive recovery efforts.

CII expects GDP to grow 6.4-6.7% in FY26

CII expects GDP to grow 6.4-6.7% in FY26

Rediff.com3 Jul 2025

India's economy is expected to grow 6.4-6.7 per cent during the current financial year driven by strong domestic demand, even as geopolitical uncertainty poses downside risks, the newly appointed CII president Rajiv Memani said on Thursday.

Trump Effect: Study Loan Surge to Ease in FY26

Trump Effect: Study Loan Surge to Ease in FY26

Rediff.com11 Jul 2025

Education loan growth is set to halve this fiscal (FY26) because disbursements for the US decelerate following a raft of policy changes there.

Forex kitty jumps $4.53 bn to $658.8 bn

Forex kitty jumps $4.53 bn to $658.8 bn

Rediff.com28 Mar 2025

The country's forex reserves jumped by $4.53 billion to $658.8 billion during the week ended March 21, the RBI said on Friday. In the previous reporting week, the overall reserves had increased by $305 million to $654.27 billion.

Want To Study AI Abroad?

Want To Study AI Abroad?

Rediff.com21 Aug 2025

'For tech fields like AI-DS, the US, Canada, UK, Germany and Australia are popular due to strong research and industry links', says rediffGURU Dr Karan Gupta.

Forex reserves drop $1.78 bn to $638.7 bn

Forex reserves drop $1.78 bn to $638.7 bn

Rediff.com7 Mar 2025

India's forex reserves dropped by $1.78 billion to $638.7 billion in the week ended February 28, the RBI said on Friday.

Sensex climbs 371 points on GST reform bid

Sensex climbs 371 points on GST reform bid

Rediff.com19 Aug 2025

Among Sensex firms, Tata Motors rose the most by 3.5 per cent while Adani Ports gained 3.16 per cent. Reliance Industries rose by 2.82 per cent. Eternal, Tech Mahindra, Kotak Mahindra Bank, Hindustan Unilever and Maruti were also among the gainers. However, Bajaj Finserv, Power Grid, Mahindra & Mahindra and HCL Tech were among the laggards.

Why Trust In Ambani, Adani, India Inc Is Vital

Why Trust In Ambani, Adani, India Inc Is Vital

Rediff.com12 Sep 2025

Who else will take on the might of Microsoft, Google, and Amazon if not the Adanis, Ambanis, Birlas, or Tatas?, asks R Jagannathan.

From Russia With Love

From Russia With Love

Rediff.com10 Oct 2025

Red Square and VDNKh easily rank among the most striking places I've visited -- both for their historical significance and architectural splendour.
My admiration for Russian culture, vision and ambition grew with every step as I clocked the miles, Nitin Sathe tells us after a visit to Moscow and St Petersburg.

Will Wang's Visit Help Improve Relations?

Will Wang's Visit Help Improve Relations?

Rediff.com22 Aug 2025

The Galwan clashes indicate to the limitations in relations if they do not address border stability, points out Srikanth Kondapalli.

Will Wang's Visit Help Improve Relations?

Will Wang's Visit Help Improve Relations?

Rediff.com22 Aug 2025

The Galwan clashes indicate to the limitations in relations if they do not address border stability, points out Srikanth Kondapalli.

Sensex climbs 304 pts on buying in metal, auto and pharma shares

Sensex climbs 304 pts on buying in metal, auto and pharma shares

Rediff.com13 Aug 2025

Among Sensex firms, Bharat Electronics, Eternal, Mahindra & Mahindra, Kotak Mahindra Bank, Tata Motors and Power Grid were the gainers. However, Adani Ports, ITC, UltraTech Cement and Titan were among the laggards.

Davis Cup: Nagal Wins Reverse Singles; Powers India Into Qualifiers

Davis Cup: Nagal Wins Reverse Singles; Powers India Into Qualifiers

Rediff.com13 Sep 2025

India progressed to the Davis Cup Qualifiers for the first time ever after Sumit Nagal tamed aggressive teenager Henry Bernet in the first reverse singles to script the team's 3-1 win over Switzerland.

K'taka HM may have gifted Rs 15-25 lakh to Ranya Rao, but...: Dy CM

K'taka HM may have gifted Rs 15-25 lakh to Ranya Rao, but...: Dy CM

Rediff.com22 May 2025

The Enforcement Directorate on Thursday continued its searches at places linked to Karnataka Home Minister G Parameshwara as part of the probe into alleged gold smuggling-linked money laundering case against Kannada actress Ranya Rao and others, official sources said.

Sensex drops 308 pts; RIL, HDFC Bank major drags

Sensex drops 308 pts; RIL, HDFC Bank major drags

Rediff.com5 Aug 2025

Among Sensex shares, Adani Ports, Reliance Industries, Infosys, ICICI Bank, Eternal, BEL, HDFC Bank, Power Grid, ITC and Sun Pharmaceutical were the major laggards. However, Titan, Maruti, Trent, Bharti Airtel, Bajaj Finance, Tech Mahindra, State Bank of India, L&T, HCL Technologies and NTPC were among the gainers.

Forex kitty rises by $305 mn to $654.27 bn

Forex kitty rises by $305 mn to $654.27 bn

Rediff.com21 Mar 2025

The country's forex reserves increased by $305 million to $654.27 billion during the week ended March 14, the RBI said on Friday. In the previous reporting week, the overall reserves rose by $15.27 billion to $653.97 billion and registered the sharpest weekly rise in two years.

ATF price hiked by steep 7.5%, commercial LPG rate cut by Rs 58.5

ATF price hiked by steep 7.5%, commercial LPG rate cut by Rs 58.5

Rediff.com1 Jul 2025

The price of jet fuel (ATF) was sharply increased by 7.5 per cent on Tuesday, while the cost of LPG used in commercial establishments was reduced by Rs 58.50 per cylinder, reflecting shifts in international benchmark rates. After three rounds of price cuts, aviation turbine fuel (ATF) price was increased by Rs 6,271.5 per kilolitre, or 7.5 per cent, to Rs 89,344.05 per kl in the national capital - home to one of the busiest airports in the country, according to state-owned fuel retailers.

India, China should meet halfway: Chinese Foreign Minister Wang Yi

India, China should meet halfway: Chinese Foreign Minister Wang Yi

Rediff.com27 Jan 2025

Foreign Secretary Vikram Misri on Monday called on Chinese Foreign Minister Wang Yi and discussed issues of bilateral interest.

How To Travel Money Smart In 2025

How To Travel Money Smart In 2025

Rediff.com29 Jan 2025

Travel is about making memories, experiencing the unknown, and engaging in new experiences -- not worrying about fluctuating exchange rates or hidden expenditures. With a little planning and a proactive approach to handling your foreign exchange, you can reduce financial stress and enjoy your trip, suggests Pavan Kavad.

Sensex tanks 586 points on global sell-off

Sensex tanks 586 points on global sell-off

Rediff.com1 Aug 2025

Tata Steel, Maruti, Tata Motors, Infosys, Bharti Airtel and Tech Mahindra were also among the laggards. However, Trent, Asian Paints, Hindustan Unilever, ITC, Kotak Mahindra Bank, and Reliance Industries were the gainers.

Do fresh steps signal a stable future for India-China ties?

Do fresh steps signal a stable future for India-China ties?

Rediff.com20 Aug 2025

India and China have announced a series of measures aimed at improving their relationship, including maintaining peace along the border, reopening border trade, and resuming direct flights.

Sharath Kamal's 11-year plan to win TT Olympic gold

Sharath Kamal's 11-year plan to win TT Olympic gold

Rediff.com9 Sep 2025

Recently-retired Indian table tennis great A Sharath Kamal has given himself 11 years to produce the country's first Olympic medallist in the racket sport and German football club Borussia Dortmund could end up being his unlikely ally in pursuit of this path-breaking dream.

Putin-Trump summit may happen next week: Kremlin envoy

Putin-Trump summit may happen next week: Kremlin envoy

Rediff.com7 Aug 2025

Taking to social media platform X, Dmitriev said, "Russia confirms Putin-Trump summit may happen next week and summit preparations are ongoing. This can be a historic meeting. Dialogue will prevail."

Xi's Letter To Murmu Behind India-China Reset?

Xi's Letter To Murmu Behind India-China Reset?

Rediff.com28 Aug 2025

The Bloomberg report suggests that this backchannel communication from President Xi has laid the groundwork for a broader thaw in relations. This overture has since translated into a series of tangible diplomatic actions leading up to the upcoming Shanghai Cooperation Organisation (SCO) summit.

Sensex rises 419 pts to close above 81K

Sensex rises 419 pts to close above 81K

Rediff.com4 Aug 2025

Among Sensex firms, Tata Steel, BEL, Adani Ports, Tata Consultancy Services, Tech Mahindra, Bharti Airtel, HCL Technologies, Trent, Mahindra & Mahindra, Reliance Industries, UltraTech Cement and Larsen & Toubro were the major gainers. However, Power Grid, HDFC Bank, ICICI Bank, Hindustan Unilever were among the laggards.