News for 'INR'

Trump admin faces lawsuit over H-1B visa fee hike

Trump admin faces lawsuit over H-1B visa fee hike

Rediff.com17 Oct 2025

The US Chamber of Commerce has filed a lawsuit against the Trump administration's decision to impose a USD 100,000 fee on new H-1B visa petitions, arguing it harms American innovation and competitiveness.

More pain for Rishabh Pant after MI thrashing

More pain for Rishabh Pant after MI thrashing

Rediff.com27 Apr 2025

Captain Rishabh Pant was fined Rs 24 lakh for LSG's slow over-rate against Mumbai Indians.

BCCI's cash soars by Rs 4,193 Cr in just one year

BCCI's cash soars by Rs 4,193 Cr in just one year

Rediff.com7 Sep 2025

The BCCI has strengthened its coffers by Rs 14,627 crore over the past five years, including Rs 4,193 crore in the last financial year alone, taking its cash and bank balance to Rs 20,686 crore, according to a report.

'Insurance Sector Is At An Unstable Equilibrium'

'Insurance Sector Is At An Unstable Equilibrium'

Rediff.com3 Nov 2025

'Other sectors that manage the savings pools of Indians are giving tough competition to life insurance companies.'

Revealed: How much PM Modi's foreign trips cost

Revealed: How much PM Modi's foreign trips cost

Rediff.com21 Mar 2025

Nearly Rs 258 crore was incurred on 38 foreign visits of Prime Minister Narendra Modi between May 2022 and December 2024, according to data shared by the government.

Can you believe Champions Trophy tickets start at....

Can you believe Champions Trophy tickets start at....

Rediff.com15 Jan 2025

The Pakistan Cricket Board (PCB) has announced ticket prices for the upcoming Champions Trophy, with the lowest priced ticket starting at PKR 1000 for the General Enclosure for all matches in Karachi, Lahore, and Rawalpindi.

Indian rupee fared better than currencies of Canada, Korea, Brazil: S

Indian rupee fared better than currencies of Canada, Korea, Brazil: S

Rediff.com31 Jan 2025

The Indian rupee depreciated a modest 2.9 per cent in the first nine months of the current fiscal, performing better than other currencies like the Canadian Dollar, South Korean Won and the Brazilian Real, according to the Economic Survey tabled in Parliament on Friday. The value of the Indian Rupee (INR) is market-determined, with no target or specific level or band.

Rupee depreciation may push import bill by $15 bn: GTRI

Rupee depreciation may push import bill by $15 bn: GTRI

Rediff.com26 Dec 2024

The depreciation of Indian rupee against the US dollar is expected to push the country's import bill by about $15 billion, think tank GTRI said on Thursday. Compared to December last year, the Indian Rupee (INR) has depreciated 2.34 per cent against the US dollar, moving from Rs 83.25 to Rs 85.20, while the Chinese Yuan has weakened by 0.06 per cent, the Global Trade Research Initiative (GTRI) said.

RCB announces Rs 10 lakh each for families of deceased

RCB announces Rs 10 lakh each for families of deceased

Rediff.com5 Jun 2025

Royal Challengers Bengaluru on Thursday announced a financial aid of Rs 10 lakh for the families of the 11 individuals, who lost their lives in the stampede outside the M Chinnaswamy Stadium in Bengaluru.

Axar fined Rs 12 lakh for...

Axar fined Rs 12 lakh for...

Rediff.com14 Apr 2025

'This was his team's first offence of the season under Article 2.22 of the IPL's Code of Conduct.'

Shoaib Akhtar faces Rs 1 billion defamation notice

Shoaib Akhtar faces Rs 1 billion defamation notice

Rediff.com31 May 2025

Television host and former Pakistan Cricket Board (PCB) official Dr. Nauman Niaz has served a Rs1 billion (approximately INR 30.46 crore or 346 million) defamation notice to former fast bowler Shoaib Akhtar following controversial comment made during a channel show on May 25.

Gujarat Titans win but Shubman Gill fined Rs 12 lakh

Gujarat Titans win but Shubman Gill fined Rs 12 lakh

Rediff.com20 Apr 2025

Gujarat Titans captain Shubman Gill was fined Rs 12 lakh after his side maintained a slow over-rate during their seven-wicket win over Delhi Capitals.

Higher US tariffs may trim GDP growth by 30 bps: Barclays

Higher US tariffs may trim GDP growth by 30 bps: Barclays

Rediff.com31 Jul 2025

The 25 per cent US tariffs, plus a penalty for Russian imports, could dent India's GDP growth by 30 basis points in the current fiscal, but the higher duty is unlikely to significantly affect India's domestic demand-driven economy, Barclays said on Thursday. If the 25 per cent tariff, announced by US President Donald Trump on Wednesday, is implemented from August 1, the effective average US import tariff on Indian goods will rise to 20.6 per cent in trade-weighted terms, as per Barclays estimates.

ITR: 'Deadline For Updating Form 26AS, AIS?'

ITR: 'Deadline For Updating Form 26AS, AIS?'

Rediff.com4 Sep 2025

Ask rediffGURU and tax expert Mihir Tanna your income tax-related questions.

Indians can now get UAE's Golden Visa at Rs 23 lakh

Indians can now get UAE's Golden Visa at Rs 23 lakh

Rediff.com7 Jul 2025

Until now, one of the ways to get Dubai's Golden Visa from India was to invest in property whose value should be at least AED Two Million (Rs 4.66 crore), or invest a large amount in business in the country.

IPL 2025: Royals' captain Parag fined for slow over rate

IPL 2025: Royals' captain Parag fined for slow over rate

Rediff.com31 Mar 2025

Rajasthan Royals' captain Riyan Parag has been fined Rs 12 lakh for maintaining a slow overrate during his team's six-run victory over Chennai Super Kings.

Shashank blossoms with Shreyas, Ponting's backing

Shashank blossoms with Shreyas, Ponting's backing

Rediff.com26 May 2025

Retained by Punjab Kings in the IPL 2025 mega auction for a price of INR 5.50 crore, Shashank kept the faith, hitting 284 runs in 13 matches with 2 half-tons so far (strike rate of 149.47).

Will weaker rupee push India's import bill?

Will weaker rupee push India's import bill?

Rediff.com17 Jan 2025

The weaker rupee will push the country's import bill due to higher payments for crude oil, coal, vegetable oil, gold, diamonds, electronics, machinery, plastics, and chemicals, economic think tank GTRI said on Friday. Citing an example, it said the depreciating domestic currency will increase India's gold import bill, especially as global gold prices have jumped 31.25 per cent, rising from $65,877 per kg in January 2024 to $86,464 per kg in January 2025.

Why the pink papers get the INR wrong

Why the pink papers get the INR wrong

Rediff.com23 Apr 2013

If mangoes become dearer or appreciate in price, we don't ask if the INR has appreciated or depreciated. We talk in terms of the value of mangoes, not INR. Likewise, in the forex market, we should now talk in terms of the value of dollars and not the INR, says Sonali Ranade

Why the pink papers get the INR wrong

Why the pink papers get the INR wrong

Rediff.com23 Apr 2013

If mangoes become dearer or appreciate in price, we don't ask if the INR has appreciated or depreciated. We talk in terms of the value of mangoes, not INR. Likewise, in the forex market, we should now talk in terms of the value of dollars and not the INR, says Sonali Ranade

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.

Pandya fined Rs 12 lakh for MI's slow over-rate vs GT

Pandya fined Rs 12 lakh for MI's slow over-rate vs GT

Rediff.com30 Mar 2025

Skipper Hardik Pandya was fined Rs 12 lakh for Mumbai Indians's slow over-rate in the Indian Premier League match against Gujarat Titans in Ahmedabad on Saturday.

Wholesale price inflation dips to 14-month low in May

Wholesale price inflation dips to 14-month low in May

Rediff.com17 Jun 2025

Wholesale price inflation (WPI) declined to a 14-month low of 0.39 per cent in May on easing prices of food articles and fuel, and experts said geopolitical tensions could push up prices.

Will Rishabh Pant make history at IPL Auction?

Will Rishabh Pant make history at IPL Auction?

Rediff.com23 Nov 2024

The bids on Rishabh Pant could well soar like his audacious no-look six in the ongoing Perth Test, as he seems poised to become the highest paid player among the 577 who will go under the hammer at the two-day IPL mega auction, starting in Jeddah on Sunday.

S&P ups India's FY26 GDP growth estimates to 6.5%

S&P ups India's FY26 GDP growth estimates to 6.5%

Rediff.com24 Jun 2025

S&P Global Ratings on Tuesday upped India's GDP growth forecast for the current fiscal to 6.5 per cent, citing lower crude prices, monetary easing and normal monsoon, and said the ongoing geopolitical tensions are unlikely to put a "significant pressure" on the rupee or inflation.

Pant fined for slow over-rate; Digvesh for celebration

Pant fined for slow over-rate; Digvesh for celebration

Rediff.com5 Apr 2025

Lucknow Super Giants skipper Rishabh Pant copped a fine of Rs 12 lakh for maintaining slow over-rate during their 12-run victory over Mumbai Indians in the IPL match in Lucknow on Saturday.

Gujarat Titans give players a lot of freedom: Rabada

Gujarat Titans give players a lot of freedom: Rabada

Rediff.com23 Mar 2025

About GT's 'resident funny man' Nehra, Rabada said that it has been an enjoyable experience with the head coach.

Is foreign exchange rate stability desirable? Not really

Is foreign exchange rate stability desirable? Not really

Rediff.com21 Jan 2025

The recent depreciation of the rupee along with sharp fall in the country's foreign exchange (FX) reserves has sparked a debate whether stability of the exchange rate is necessary and desirable. The rupee was one of the least volatile currencies among peers for almost two years before the current downward pressure started in September after the US Federal Reserve lowered interest rate.

BCCI's earnings hit record highs as per latest reports

BCCI's earnings hit record highs as per latest reports

Rediff.com19 Dec 2024

BCCI's healthy bank balance got healthier this year with an approximate increase of Rs 4200 crore, taking the overall earnings to a whopping Rs 20,686 crore.

How To Earn Money Post-Retirement...

How To Earn Money Post-Retirement...

Rediff.com31 Dec 2024

Ask rediffGURU and PF and MF expert Janak Patel your mutual fund and personal finance-related questions.

Impact of Trump's presidency to be short-lived on Indian rupee: SBI

Impact of Trump's presidency to be short-lived on Indian rupee: SBI

Rediff.com15 Jan 2025

The Indian rupee may experience some volatility in the early days of Donald Trump's presidency, but it is likely to stabilise soon after, a report by the State Bank of India (SBI) said on Tuesday, terming this short term phenomenon as "Trump Tantrum".

RBI sees 'sequential pickup in economic activity'

RBI sees 'sequential pickup in economic activity'

Rediff.com19 Feb 2025

High frequency indicators, like vehicles sales, air traffic, steel consumption and GST E-way bills, point towards a sequential pickup in momentum of economic activity during the second half of the fiscal 2024-25 and sustain moving forward, RBI Bulletin said on Wednesday. However, a strong dollar, driven by US economic resilience and trade policy pivots, could exacerbate capital outflows from emerging economies, push risk premiums higher, and intensify external vulnerabilities, said an article on 'State of the Economy' published in RBI's February bulletin.

PCB Chief sells Rs 94L VIP seats, to cheer with fans

PCB Chief sells Rs 94L VIP seats, to cheer with fans

Rediff.com17 Feb 2025

Pakistan Cricket Board (PCB) chairman Mohsin Naqvi has decided to watch the Champions Trophy matches from the stands, after selling the 30-seat VIP Hospitality Box offered to him for around 400,000 dirhams (INR 94 lakh), and putting the proceeds into the PCB's coffers. Naqvi was offered the premium seating for himself, his family, and guests for the matches in Dubai. However, he chose to sell the box and watch the game, including the game against India, from regular enclosures to experience the atmosphere with the fans.

IPL 2025: Teen Suryavanshi gets BCA vote of confidence

IPL 2025: Teen Suryavanshi gets BCA vote of confidence

Rediff.com18 Mar 2025

Vaibhav's sensational 2024 season saw him excel both domestically and internationally.

India's Champions Trophy matches in Dubai: Where to buy tickets

India's Champions Trophy matches in Dubai: Where to buy tickets

Rediff.com3 Feb 2025

The ticket sales for India's Champions Trophy matches to be played in Dubai will begin on Monday evening.

MI's Vignesh Puthur Impresses On Debut

MI's Vignesh Puthur Impresses On Debut

Rediff.com24 Mar 2025

On day two of IPL 2025, 24-year-old Vignesh Puthur left teammates and spectators in awe with a performance that showed class and maturity.

Bangladesh court freezes 31 bank accounts linked to Hasina, kin

Bangladesh court freezes 31 bank accounts linked to Hasina, kin

Rediff.com18 Mar 2025

A Dhaka court has ordered the freezing of 31 bank accounts linked to ousted prime minister Sheikh Hasina, her family members and their associates over corruption allegations. The accounts, holding a total of Tk 394.6 crore (INR 281.2 crore approximately), belong to Hasina, her son Sajeeb Wazed Joy, daughter Saima Wazed Putul, sister Sheikh Rehana, nephew Radwan Mujib Siddiq Bobby and their related organizations. The Anti-Corruption Commission (ACC) claims Hasina and others are trying to transfer the money from these accounts, prompting the court to issue the freezing order.

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.

Shreyas, Kishan regain BCCI central contracts

Shreyas, Kishan regain BCCI central contracts

Rediff.com21 Apr 2025

Ishan Kishan and Shreyas Iyer were left out from the list of centrally-contracted players last year, after failing to show up for domestic cricket despite a directive from the BCCI.

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.