News for 'Global Exchange'

Sensex climbs 70 points on foreign fund inflows

Sensex climbs 70 points on foreign fund inflows

Rediff.com29 Apr 2025

From the Sensex firms, Reliance Industries, Tech Mahindra, Eternal, HCL Tech, Infosys, IndusInd Bank, Tata Consultancy Services and Bajaj Finserv were the biggest gainers. In contrast, UltraTech Cement, Sun Pharma, Power Grid, NTPC, Kotak Mahindra Bank and Mahindra & Mahindra were among the laggards.

Bajaj Auto's premium segment revival needs more than just a kickstart

Bajaj Auto's premium segment revival needs more than just a kickstart

Rediff.com9 Jun 2025

Bajaj Auto - the country's most valuable two-wheeler (2W) company by market capitalisation - met Street expectations in the January-March quarter (Q4) of 2024-25 (FY25) but still ended Friday as the worst performer on the Nifty 50, slipping 3.1 per cent.

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, Nifty fall on selling in Axis Bank, Indo-Pak tensions

Sensex, Nifty fall on selling in Axis Bank, Indo-Pak tensions

Rediff.com25 Apr 2025

However, Tata Consultancy Services, Infosys, Tech Mahindra, UltraTech Cement, IndusInd Bank, Hindustan Unilever and ICICI Bank were the gainers.

RBI Forex Intervention Hits Highest In 17 Years

RBI Forex Intervention Hits Highest In 17 Years

Rediff.com23 May 2025

In response to the panic triggered by Trump's trade policies, the RBI net sold approximately $43 billion in the second half of FY25 to curb volatility, as the rupee plunged to a low of 87.95 per dollar in February this year.

Markets tumble as India-Pak conflict flares up; Sensex sinks 880 points

Markets tumble as India-Pak conflict flares up; Sensex sinks 880 points

Rediff.com9 May 2025

Stock market benchmark indices Sensex and Nifty tumbled over 1 per cent each on Friday as tensions soared between India and Pakistan, fuelling fears of a wider conflict.

How the equity markets will fare this week

How the equity markets will fare this week

Rediff.com23 Mar 2025

Global trends, tariff-related updates and trading activity of foreign investors would be the key drivers for the equity market movement this week, analysts said. Markets witnessed a strong rebound last week, with the benchmark indices surging over 4 per cent.

Stock markets log biggest single-day rise; Sensex ends up 2975 points

Stock markets log biggest single-day rise; Sensex ends up 2975 points

Rediff.com12 May 2025

From the Sensex firms, Adani Ports, Eternal, Bajaj Finance, Axis Bank, Bajaj Finserv, Reliance Industries, Power Grid and NTPC were the major gainers. Sun Pharma, however, tanked over 5 per cent.

IDFC First Bank shareholders reject resolution to allow board seat to Warburg Pincus arm

IDFC First Bank shareholders reject resolution to allow board seat to Warburg Pincus arm

Rediff.com19 May 2025

IDFC First Bank on Monday said its shareholders have rejected the proposal to allow global private equity firm Warburg Pincus' arm to nominate a non-executive director on the bank board.

Rupee falls 22 paise to 87.41 against US dollar in early trade

Rupee falls 22 paise to 87.41 against US dollar in early trade

Rediff.com27 Feb 2025

The rupee declined 22 paise to 87.41 against the US dollar in early trade on Thursday after the latest tariff announcements from the US weighed on emerging currencies, including the rupee. Forex traders said the latest tariff announcements from the US have sent shockwaves through global markets, strengthening the dollar.

IIT Bombay suspends ties with Turkish institutes over Pak support

IIT Bombay suspends ties with Turkish institutes over Pak support

Rediff.com18 May 2025

The institute currently has a faculty exchange programme with some Turkish institutions.

'Clients Are In Risk-management Mode'

'Clients Are In Risk-management Mode'

Rediff.com28 Apr 2025

'Entering India is exciting, but it's also challenging. You have to be prepared for long-term investment.'

Epstein files, Impeachment: Trump-Musk feud gets nastier

Epstein files, Impeachment: Trump-Musk feud gets nastier

Rediff.com6 Jun 2025

The feud reached its peak when Musk made explosive allegations about Trump's connection to disgraced financier Jeffrey Epstein, marking a dramatic escalation in their increasingly personal conflict.

Remittance tax: Cost of sending money home to rise for Indians in US

Remittance tax: Cost of sending money home to rise for Indians in US

Rediff.com17 May 2025

In President Donald Trump's big priority bill, there is a proposal for a 5 percent excise tax on remittance transfers that would cover more than 40 million people, including those holding green cards and H1B visas.

Sensex jumps 855 pts on buying in banking, IT shares

Sensex jumps 855 pts on buying in banking, IT shares

Rediff.com21 Apr 2025

Benchmark equity indices Sensex and Nifty surged more than 1 per cent on Monday, registering their fifth day of rally on the back of buying in banking and IT shares after encouraging quarterly earnings and foreign fund inflows. The 30-share BSE Sensex jumped 855.30 points or 1.09 per cent to settle above the 79,000 mark at 79,408.50.

Why India Is Angry with Turkiye

Why India Is Angry with Turkiye

Rediff.com28 May 2025

India-Turkiye ties are strained over Ankara's Islamabad tilt, its arms links with Pakistan, and fallout from the Pahalgam terror attack.

Hindi-Chini bhai bhai 2 as India-China ties turn 75

Hindi-Chini bhai bhai 2 as India-China ties turn 75

Rediff.com1 Apr 2025

India and China celebrated the 75th anniversary of their diplomatic relations on Tuesday, with leaders from both countries exchanging congratulatory messages. The anniversary comes as the two countries are working to restore ties after a four-year freeze due to the military standoff in eastern Ladakh. Both countries have expressed a willingness to enhance strategic mutual trust and step up cooperation in various fields. The two sides are also exploring ways to rebuild ties and promote people-to-people exchanges.

China-Russia Bhai Bhai: What India Can Expect

China-Russia Bhai Bhai: What India Can Expect

Rediff.com30 May 2025

China appears determined to upgrade Pakistan's military capabilities, sufficient to ensure local parity with India, alerts former foreign secretary Ambassador Shyam Saran.

Bulls prowl D-Street; Sensex surges 1,089 points

Bulls prowl D-Street; Sensex surges 1,089 points

Rediff.com8 Apr 2025

All Sensex firms, except Power Grid, ended in the positive territory. Titan, Bajaj Finance, State Bank of India, Larsen & Toubro, Axis Bank, Bajaj Finserv, Asian Paints and Zomato were the biggest gainers.

Sensex, Nifty settle in red; US tariff jitters hit sentiments

Sensex, Nifty settle in red; US tariff jitters hit sentiments

Rediff.com28 Mar 2025

From the Sensex pack, IndusInd Bank dropped over 3.50 per cent, followed by Mahindra & Mahindra which declined more than 2 per cent. HCL Tech, Maruti, Infosys, Zomato, Power Grid, Adani Ports, Tata Consultancy Services and UltraTech Cement were also among the laggards. Kotak Mahindra Bank, Hindustan Unilever, ICICI Bank, Tata Motors, Nestle and Bharti Airtel were among the gainers.

India VIX Soars: Trouble Ahead?

India VIX Soars: Trouble Ahead?

Rediff.com8 Apr 2025

The latest spike in the Vix is a sign that investors are visibly rattled by global developments and fear a further drawdown in stock prices, experts said.

Pak gets $1 bn as second tranche from IMF; budget under scanner

Pak gets $1 bn as second tranche from IMF; budget under scanner

Rediff.com14 May 2025

The disbursement of the second tranche comes on a day when the International Monetary Fund is holding virtual discussions on Pakistan's upcoming budget, as the visit of its mission to Islamabad was delayed due to security concerns in the region.

Markets end in red; Bajaj twins, geopolitical tensions drag

Markets end in red; Bajaj twins, geopolitical tensions drag

Rediff.com30 Apr 2025

Tata Motors, State Bank of India, UltraTech Cement, Tata Consultancy Services, Tata Steel and Asian Paints were among the other laggards from the 30-share pack. Maruti, Bharti Airtel, Power Grid, Hindustan Unilever and HDFC Bank were among the gainers.

Sensex pares most gains, closes up 33 points

Sensex pares most gains, closes up 33 points

Rediff.com25 Mar 2025

From the Sensex pack, UltraTech Cement, Infosys, Bajaj Finserv, Axis Bank, HDFC Bank, Bharti Airtel, HCL Tech and Tata Consultancy Services were the biggest gainers. Zomato tanked nearly 6 per cent followed by IndusInd Bank which declined about 5 per cent. Adani Ports, Mahindra & Mahindra, Reliance Industries and Sun Pharma were also among the laggards.

India bans imports, Pak ships entry; suspends postal services

India bans imports, Pak ships entry; suspends postal services

Rediff.com3 May 2025

Main imports from the neighbouring country during April-January 2024-25 included fruits and nuts (USD 0.08 million), certain oil seeds and medicinal plants (USD 0.26 million), and organic chemicals.

Time To Embrace Inclusive Nationalism

Time To Embrace Inclusive Nationalism

Rediff.com7 Jun 2025

'It is important India to stay focussed on its primary national objectives: Combating terrorism; not losing sight of other security and strategic concerns (on the Sino-Indian front for instance); ensuring a strong economy and registering growth which includes improving the lot of common people; and finally making certain that the social fabric remains intact and harmony among people is not jeopardised, at least any further,' asserts Nilanjan Mukhopadhyay.

US Tariffs May Prompt RBI Rate Cut: Economists

US Tariffs May Prompt RBI Rate Cut: Economists

Rediff.com8 Apr 2025

'A repo cut will be very good for the market as it will mean that everything is being done to spur growth in these uncertain times.'

IndusInd's risk handling under lens: Moody's

IndusInd's risk handling under lens: Moody's

Rediff.com24 Apr 2025

Global Rating agency Moody's on Wednesday said it was reviewing IndusInd Bank's risk management capabilities, and its leadership transition, with the private sector lender grappling with accounting lapses pertaining to its derivatives transactions. "The financial impact of the derivatives losses is quite manageable considering IndusInd Bank's strong capital.

Gold Hits 1 Lakh: Hold, Buy or Sell?

Gold Hits 1 Lakh: Hold, Buy or Sell?

Rediff.com6 May 2025

'Investors' decisions should reflect their financial goals, risk tolerance, and the amount of gold already present in their portfolio.'

Sensex falls below 73K on relentless FII selling

Sensex falls below 73K on relentless FII selling

Rediff.com4 Mar 2025

From the Sensex pack, Nestle India, HCL Technologies, Tech Mahindra, Bharti Airtel, Titan, Infosys, Asian Paints, NTPC, Bajaj Finserv and Sun Pharmaceuticals were among the laggards. State Bank of India, IndusInd Bank, Zomato, Power Grid, ICICI Bank, Tata Motors, Mahindra & Mahindra, Tata Consultancy Services and Adani Ports were the gainers.

'Chopra's 90m is about redefining possibility in Indian sport'

'Chopra's 90m is about redefining possibility in Indian sport'

Rediff.com19 May 2025

'The monkey is off his back and he is now free to push his limits'.

Sensex rises 148 pts, Nifty ends above 24,800 on firm global trend

Sensex rises 148 pts, Nifty ends above 24,800 on firm global trend

Rediff.com22 Aug 2024

Bharti Airtel was the biggest gainer in the Sensex pack, rising 1.63 per cent, followed by Tata Steel, ICICI Bank, Titan, Asian Paints and Ultratech Cements. On the other hand, M&M, NTPC, Tata Motors, TCS and PowerGrid were the major losers.

Indian men's, mixed 4x400m teams miss direct spot at Worlds

Indian men's, mixed 4x400m teams miss direct spot at Worlds

Rediff.com10 May 2025

The Indians will have another chance on Sunday to make the cut for the Tokyo World Championships.

'Indian Markets Could Outperform'

'Indian Markets Could Outperform'

Rediff.com5 Apr 2025

'If the US stagnates and falls into a recession, the dollar will weaken, oil prices will also dip. This augurs well for India.'

Sensex reclaims 78K-level; Nifty surges 414 points

Sensex reclaims 78K-level; Nifty surges 414 points

Rediff.com17 Apr 2025

From the Sensex firms, Eternal, ICICI Bank, Bharti Airtel, Sun Pharma, State Bank of India, Bajaj Finserv, Kotak Mahindra Bank and Reliance Industries were among the biggest gainers. Tech Mahindra and Maruti were the laggards.

5 hardcore terrorists, including IC-814 mastermind, killed in Op Sindoor

5 hardcore terrorists, including IC-814 mastermind, killed in Op Sindoor

Rediff.com10 May 2025

Sources have revealed that at least five hardcore terrorists affiliated with banned terror outfits Lashkar-e-Taiba (LeT) and Jaish-e-Mohammed (JeM) were killed in Indian strikes in Pakistan on May 7th. The strikes targeted nine terror sites in Pakistan and Pakistan-occupied Kashmir. Among the dead were Mudassar Khadian Khas, a LeT leader, and Hafiz Muhammed Jameel, the brother of JeM founder Maulana Masood Azhar. Other notable casualties included Mohammad Yusuf Azhar, a brother-in-law of Masood Azhar, and Khalid alias Abu Akasha, a LeT operative. The Pakistani military and government officials were present at the funerals of the slain terrorists.

Fresh US tariffs unnerve investors; Sensex down 380 points

Fresh US tariffs unnerve investors; Sensex down 380 points

Rediff.com9 Apr 2025

State Bank of India, Tech Mahindra, Larsen & Toubro, Tata Steel, Sun Pharma, Infosys, HCL Tech, Axis Bank, Tata Consultancy Services and NTPC were among the biggest laggards among Sensex shares. Nestle, Hindustan Unilever, Titan, Power Grid, UltraTech Cement and ITC were among the gainers.

Startups face I-T department heat over funding through Singapore

Startups face I-T department heat over funding through Singapore

Rediff.com24 Apr 2025

The income-tax (I-T) department has issued showcause notices under Section 68 of the Income-Tax Act to several startups over funds routed through Singapore, seeking explanations for investments received over the past five years, people familiar with the development said. The department is questioning the source, identity, and creditworthiness of overseas investors in these transactions, they said.

Sensex jumps 1,131 points; reclaims 75K

Sensex jumps 1,131 points; reclaims 75K

Rediff.com18 Mar 2025

From the Sensex pack, Zomato jumped over 7 per cent. ICICI Bank, Mahindra & Mahindra, Tata Motors, Larsen & Toubro, Asian Paints, Titan, Kotak Mahindra Bank and State Bank of India were among the gainers. However, Bajaj Finserv, Bharti Airtel, Tech Mahindra and Reliance Industries were the laggards.

Binance detaches self from liabilities after WazirX hack

Binance detaches self from liabilities after WazirX hack

Rediff.com20 Sep 2024

Global cryptocurrency giant Binance has asserted that it never owned or controlled WazirX before or after the embattled Indian exchange was hacked in July that led to a security breach of more than $230 million. Binance added that there was no legal basis for the firm to be liable for claims made against the embattled crypto exchange. It refuted WazirX's claims that the global exchange owns the company, adding that it does not operate the platform.