News for 'India Reserve'

Bank Credit Growth Hits Two-Year High, Deposits Mobilise Rs 7 Trillion

Bank Credit Growth Hits Two-Year High, Deposits Mobilise Rs 7 Trillion

Rediff.com11 Jul 2026

Commercial banks in India recorded their highest credit growth in two years, accelerating to 18.6 per cent year-on-year by June 27, while also mobilising nearly 7 trillion in deposits, marking the third-highest fortnightly deposit growth in 29 years.

India Inc payout to shareholders grows slower than profit for third straight year

India Inc payout to shareholders grows slower than profit for third straight year

Rediff.com17 Jun 2026

Shareholder payouts by India Inc, including dividends and buybacks, increased by 2.2 per cent year-on-year in FY26 to $5.06 trillion, but this growth lagged the 18.8 per cent rise in reported net profit for the third consecutive year, leading to the lowest dividend payout ratio in 12 years.

NBFC access to term money market may lift volumes by 40-60%

NBFC access to term money market may lift volumes by 40-60%

Rediff.com2 Jul 2026

The Reserve Bank of India's proposal to allow non-banking financial companies (NBFCs) access to the term money market is projected to significantly increase market volumes by 40-60 per cent in the first year, potentially doubling turnover within two to three years, according to treasury executives.

Xi Watching? Modi-Takaichi to Hold Talks In Assam

Xi Watching? Modi-Takaichi to Hold Talks In Assam

Rediff.com19 Jun 2026

The Japanese PM's visit to Assam comes amid festering uneasiness in Tokyo about Beijing's assertiveness in the Indo-Pacific region.

Geopolitical tensions, inflation data to dictate gold and silver prices

Geopolitical tensions, inflation data to dictate gold and silver prices

Rediff.com13 Jul 2026

Gold and silver are expected to remain volatile with a corrective bias as investors assess the latest flare-up in the US-Iran conflict, movements in crude oil prices, and inflation data, which could reshape expectations for global interest rates, according to analysts.

Government's Big Plans For North East Oil Exploration

Government's Big Plans For North East Oil Exploration

Rediff.com24 Jun 2026

A tripartite pact -- amid the promise of removing AFSPA from almost all of the North East -- revives hydrocarbon exploration along the Assam-Nagaland border after decades of dormancy.

India's forex reserves drop below $700 bn

India's forex reserves drop below $700 bn

Rediff.com10 Oct 2025

India's forex reserves fell by $276 million to $699.96 billion during the week ended October 3, according to RBI data. In the previous reporting week, India's forex reserves had dropped by $2.33 billion to $700.24 billion.

Why Manika Batra Misses Out On Asian Games Table Tennis Squad

Why Manika Batra Misses Out On Asian Games Table Tennis Squad

Rediff.com18 Jun 2026

India's prominent table tennis player, Manika Batra, has been excluded from the national squad for the upcoming Asian Games due to her absence from domestic events, which impacted her national ranking. The Table Tennis Federation of India (TTFI) cited adherence to its selection criteria, which prioritises both national and world rankings.

Shahidi to lead Afghanistan in Test, ODI tour of India

Shahidi to lead Afghanistan in Test, ODI tour of India

Rediff.com26 May 2026

Hashmatullah Shahidi will lead Afghanistan in the upcoming Test and ODI tour of India, while IPL star Allah Ghazanfar earns a call-up after his impressive season with Mumbai Indians.

UPI Transactions See Monthly Dip But Annual Growth Remains Robust

UPI Transactions See Monthly Dip But Annual Growth Remains Robust

Rediff.com1 Jul 2026

Unified Payments Interface (UPI) transactions moderated slightly in June from a record high in May, reaching Rs 28.9 lakh crore. Despite a month-on-month decrease in volume, the daily average transactions hit a new high, indicating UPI's strong adoption for low-value payments. The platform also demonstrated significant annual growth and expanding international presence.

How DIIs, MFs are providing crucial stability to Indian markets

How DIIs, MFs are providing crucial stability to Indian markets

Rediff.com4 Jul 2026

Domestic institutional investors (DIIs), driven by the popularity of mutual funds, have emerged as significant stabilising forces for Indian capital markets amidst global volatility and foreign portfolio investment (FPI) outflows, according to Sebi whole-time member Amarjeet Singh.

Why Banks Prefers Retired Bureaucrats...

Why Banks Prefers Retired Bureaucrats...

Rediff.com9 Jul 2026

It is because dealing with a regulatory system that is largely headed by retired IAS officers then becomes relatively easy, points out A K Bhattacharya.

Teejan Bai: From Outcast To Global Icon

Teejan Bai: From Outcast To Global Icon

Rediff.com7 Jul 2026

Despite international fame, she remained rooted in village traditions. Friends recalled that success never changed her lifestyle.

After WhatsApp, govt sends notices to Telegram, Signal over username feature

After WhatsApp, govt sends notices to Telegram, Signal over username feature

Rediff.com3 Jul 2026

India's IT Ministry has issued notices to Telegram and Signal, following a similar action against WhatsApp, questioning their username features due to concerns over increased online fraud, phishing, and impersonation. The government is seeking explanations on how these platforms address such risks, with one homegrown app already disabling the feature.

Forex reserves drop by $9.80 bn to $686.80 bn

Forex reserves drop by $9.80 bn to $686.80 bn

Rediff.com9 Jan 2026

India's forex reserves dropped by $9.8 billion to $686.81 billion in the week to January 2, the Reserve Bank of India (RBI) said on Friday.

India, Venezuela vow long-term energy tie-up

India, Venezuela vow long-term energy tie-up

Rediff.com4 Jun 2026

India's procurement of Venezuelan crude oil has picked up momentum since April and the South American nation has already emerged as the third largest oil supplier to the country.

Sebi to reintroduce open market share buybacks, capping execution at 66 days

Sebi to reintroduce open market share buybacks, capping execution at 66 days

Rediff.com7 Jul 2026

India's markets regulator, Sebi, has reintroduced rules allowing companies to repurchase their own shares through stock exchanges in the open market, effective August 1, 2026. The new framework caps the execution period at 66 working days and aims to enhance flexibility and efficiency for capital allocation.

Rupee Exchange Rate Is Not Just A Number

Rupee Exchange Rate Is Not Just A Number

Rediff.com6 Jul 2026

If we really want to curb the further depreciation of the rupee and make the rupee appreciate, we want to come out of the mindset that the exchange rate is merely a number, bring policy corrections to help reduce the outflow of foreign exchange by imposing suitable tariffs to discourage imports and bring self reliance, discipline FPIs, and correcting rules governing royalty outflows, suggests Dr Ashwani Mahajan, National Co-Convenor, Swadeshi Jagaran Manch.

Bumrah, Hardik rested as India focus on WTC, ODI WC

Bumrah, Hardik rested as India focus on WTC, ODI WC

Rediff.com6 Jun 2026

India have rested Jasprit Bumrah and Hardik Pandya from the Ireland and England tours as selectors prioritise the pacer's role in the World Test Championship and Pandya's importance to India's ODI World Cup plans.

'In India Politics Has Taken Over Business'

'In India Politics Has Taken Over Business'

Rediff.com20 May 2026

'When we start describing somebody as an enemy that is the start of politics and emotion after which no business can take place.' 'We need to get out of this, allow Indian businessmen to do business with China.'

I Celebrated My Birthday With Messi. No, Really.

I Celebrated My Birthday With Messi. No, Really.

Rediff.com10 Jul 2026

When I planned my 27th birthday trip to Kerala, I had a very clear vision in mind. There would be beaches. There would be the backwaters. There would be long boat rides, cute cafs and perhaps a fancy dinner overlooking the water. What I did not anticipate was celebrating my birthday with Lionel Messi.

Keki Mistry to remain interim chairman of HDFC Bank till Sep 18

Keki Mistry to remain interim chairman of HDFC Bank till Sep 18

Rediff.com18 Jun 2026

The Reserve Bank of India has approved a three-month extension for Keki Mistry as the interim chairman of HDFC Bank, continuing his tenure until September 18, 2026, or until a regular chairman is appointed.

India's GDP expands 7.8% in Q4, full year growth hits 7.7%

India's GDP expands 7.8% in Q4, full year growth hits 7.7%

Rediff.com5 Jun 2026

India's economy registered a robust 7.7 per cent growth in the fiscal year 2025-26, an increase from 7.1 per cent in the previous year, with the January-March quarter alone seeing a 7.8 per cent expansion.

Govt may give fresh push to delimitation with Oppn in disarray

Govt may give fresh push to delimitation with Oppn in disarray

Rediff.com9 Jun 2026

As more opposition MPs are now aligning with the ruling NDA, sources in the government indicated that possibilities are being explored to give a fresh push to the delimitation legislation in Parliament.

FPIs Invest 55,518 Crore In June

FPIs Invest 55,518 Crore In June

Rediff.com1 Jul 2026

...exceeding their 49,340 crore equity selloff.

Monsoon session likely from July 20, spotlight on NDA's stronger numbers

Monsoon session likely from July 20, spotlight on NDA's stronger numbers

Rediff.com1 Jul 2026

The Monsoon session of Parliament is expected to begin on July 20 and last for three weeks. Key political developments, including recent election victories and party rebellions, are set to influence the session, alongside the government's redrafting of a significant Constitution amendment bill concerning women's reservation and Lok Sabha seats.

NEET Medical Counselling: Get Your Paperwork Right!

NEET Medical Counselling: Get Your Paperwork Right!

Rediff.com26 Jun 2026

Many students who do well in the NEET exams miss out on a medical seat because they didn't get their documentation in order. You don't want to be that student, says Ashok Hegde.

Grand Chess Tour: Praggnaandhaa ends rapid section as joint-leader

Grand Chess Tour: Praggnaandhaa ends rapid section as joint-leader

Rediff.com4 Jul 2026

Indian Grandmaster R Praggnanandhaa won three matches in a row on the final day to tie for the first place with Firouzja Alireza of France on 12 points as the rapid section of the Croatian leg of the Grand Chess Tour ended in Zagreb, Croatia on Friday.

US, Japan Hold Key Patents In Rare Earth Tech, Study Finds

US, Japan Hold Key Patents In Rare Earth Tech, Study Finds

Rediff.com5 Jul 2026

A new study reveals that despite China's significant control over global rare earth mining and processing, its dominance has a critical weakness: the US and Japan hold the majority of core patents for advanced rare earth functional material technologies. This technological gap means China lags in higher-value applications, impacting its strategic advantage in the industry.

The Strategic Importance Of Pakistan's Gwadar Port For China

The Strategic Importance Of Pakistan's Gwadar Port For China

Rediff.com13 Jul 2026

Gwadar is viewed as a critical pearl in China's maritime strategy as it would give a permanent logistical footprint near an important choke point - the Strait of Hormuz and the oil rich Persian Gulf, explains Commodore Venugopal Menon (retd).

NEET-PG 2026: What Happened To The Zero Percentile Policy?

NEET-PG 2026: What Happened To The Zero Percentile Policy?

Rediff.com7 Jul 2026

One of the most important provisions this year is that qualifying NEET-PG does not automatically guarantee participation in counselling.

Gurnoor Brar: Why this 6'4 pacer is India's next big fast bowler

Gurnoor Brar: Why this 6'4 pacer is India's next big fast bowler

Rediff.com10 Jun 2026

India fast bowler Gurnoor Brar has emerged as one of the country's promising pace prospects after a steady rise through college cricket and domestic performances, earning a call-up to the national setup ahead of India A's upcoming tour.

Caste Census: 'Government Is Scared Of The Numbers

Caste Census: 'Government Is Scared Of The Numbers

Rediff.com9 Jun 2026

'Once the numbers come out, they fear that the OBCs would start to demand, and articulate what they are lacking, why they are lacking and what should be done to go forward.'

Gold Imports Fall After Duty Hike

Gold Imports Fall After Duty Hike

Rediff.com19 Jun 2026

Monthly gold imports have declined to 25-30 tonnes from 70-80 tonnes while recycling of old jewellery has increased following the recent hike in import duties.

India can return to over 7% growth path in FY28: CEA

India can return to over 7% growth path in FY28: CEA

Rediff.com6 Jun 2026

Chief Economic Advisor V Anantha Nageswaran stated that India's economy is projected to return to a 7 per cent-plus growth trajectory by 2027-28 (FY28), or sooner if external conditions improve, despite near-term challenges from the West Asia crisis.

Forex reserves rise by $4.36 bn to $693 bn

Forex reserves rise by $4.36 bn to $693 bn

Rediff.com26 Dec 2025

India's forex reserves jumped by $4.36 billion to $693 billion during the week ended December 19, the Reserve Bank said on Friday. The overall kitty had increased by $1.69 billion to $688.95 billion in the previous week.

The H-1 B Visa and the Fading American Dream

The H-1 B Visa and the Fading American Dream

Rediff.com8 Jul 2026

The H-1B visa once symbolised the American Dream for Indians, but today's students are increasingly asking whether they need America at all. In 1995, the question was: How do I get to America? In 2026, it may be: Do I need to?

SBI Chief Setty backs RBI rate pause, urges focus on India's long-term growth story

SBI Chief Setty backs RBI rate pause, urges focus on India's long-term growth story

Rediff.com4 Jun 2026

State Bank of India Chairman C S Setty has expressed support for a 'pause' in policy rates by the Reserve Bank of India's monetary policy committee, believing it will help stabilise conditions and support economic growth. He also urged investors to look beyond short-term equity market movements and focus on India's structural transformation, driven by reforms and digital infrastructure.

Fraudulent Loan Attempt Uncovered at Pilibhit Tiger Reserve

Fraudulent Loan Attempt Uncovered at Pilibhit Tiger Reserve

Rediff.com6 Mar 2026

An attempt to secure a bank loan using forged signatures and documents related to the Pilibhit Tiger Reserve has been uncovered, prompting a police investigation.

NITI Aayog: India's Scientific Knowledge Systematically Destroyed

NITI Aayog: India's Scientific Knowledge Systematically Destroyed

Rediff.com11 May 2026

NITI Aayog member Gobardhan Das asserted that India possessed a rich scientific tradition that suffered setbacks during centuries of foreign domination, with its repository of knowledge systematically destroyed by invaders.