News for 'India Reserve'

IOC Pays Tribute To Randhir Singh's Legacy

IOC Pays Tribute To Randhir Singh's Legacy

Rediff.com27 May 2026

The International Olympic Committee mourns the death of veteran Indian sports administrator Randhir Singh, recognising his significant contributions to the Olympic Movement in India, Asia, and worldwide.

Retail Inflation Edges Up to 3.48% in April on Costlier Jewellery, Kitchen Staples

Retail Inflation Edges Up to 3.48% in April on Costlier Jewellery, Kitchen Staples

Rediff.com13 May 2026

India's retail inflation, measured by the Consumer Price Index (CPI), increased to 3.48 per cent in April, up from 3.40 per cent in March, primarily due to a surge in prices of gold and silver jewellery, as well as certain kitchen staples like tomatoes and cauliflower.

Stock Markets Today: Sensex, Nifty Tumble as West Asia Conflict & PM Modi's Austerity Appeal Spook Investors

Stock Markets Today: Sensex, Nifty Tumble as West Asia Conflict & PM Modi's Austerity Appeal Spook Investors

Rediff.com11 May 2026

Indian stock markets experienced a significant sell-off, with the Sensex tumbling over 1,300 points, driven by escalating crude oil prices due to US-Iran tensions and Prime Minister Narendra Modi's call for austerity measures, which amplified investor concerns about India's economic outlook.

Kaziranga Turtle Conservation Milestone

Kaziranga Turtle Conservation Milestone

Rediff.com16 May 2026

India's first satellite-tagged Ganges soft-shell turtle released in Kaziranga.

Cash In Circulation Hits Record Rs 42.86 Trillion

Cash In Circulation Hits Record Rs 42.86 Trillion

Rediff.com22 May 2026

Cash remains dominant for many transactions despite continued expansion in digital payments across the country.

No shortage, 60 days of fuel stocks available: Govt

No shortage, 60 days of fuel stocks available: Govt

Rediff.com26 Mar 2026

The Indian government has refuted claims of fuel shortages, asserting that the country possesses approximately 60 days of fuel stock cover and that all petrol pumps are adequately stocked and operating normally.

'95-96 To A Dollar Is Not A Healthy Sign At All'

'95-96 To A Dollar Is Not A Healthy Sign At All'

Rediff.com20 May 2026

'Once the currency goes out of the hand, then possibly your major challenge is that it will not come back.'

Forex kitty jumps by $14.36 bn to new peak of $723.77 bn

Forex kitty jumps by $14.36 bn to new peak of $723.77 bn

Rediff.com7 Feb 2026

India's forex reserves jumped by another $14.36 billion to a new all-time high of $723.77 billion during the week ended January 30, the Reserve Bank said on Friday.

Forex reserves drop by $396 mn to $703 billion

Forex reserves drop by $396 mn to $703 billion

Rediff.com26 Sep 2025

India's forex reserves dropped by $396 million to $703 billion for the week ended September 19, according to the RBI data. In the previous reporting week, the overall reserves had jumped by $4.7 billion to $703 billion.

Rupee Fall Hits Study Abroad Dreams

Rupee Fall Hits Study Abroad Dreams

Rediff.com4 Jun 2026

Compared with a year ago, the effective cost of studying abroad for Indian students has increased by roughly 10%-12% due to currency depreciation and rising living costs.

Bank Of Baroda Employee Arrested For Stealing From RBI Currency Chest

Bank Of Baroda Employee Arrested For Stealing From RBI Currency Chest

Rediff.com24 May 2026

A Bank of Baroda employee in Ahmedabad has been arrested for allegedly stealing Rs 8.7 crore from an RBI currency chest and laundering the money into properties and cryptocurrency.

Petrol, diesel price hiked for 3rd time in 10 days

Petrol, diesel price hiked for 3rd time in 10 days

Rediff.com23 May 2026

Petrol price has been increased by 87 paise in Delhi from Rs 98.64 to Rs 99.51 per litre. Diesel rates have gone up by 91 paise from Rs 91.58 to Rs 92.49.

Bank Frauds Drop, Losses Soar

Bank Frauds Drop, Losses Soar

Rediff.com2 Jun 2026

The highest number of frauds was reported under the card, Internet, and digital payments categories in FY24 and FY25. 'Advances' accounted for the largest share (85.5 per cent) in FY26.

Shrinking Forests Fuel Deadly Elephant Encounters in Assam

Shrinking Forests Fuel Deadly Elephant Encounters in Assam

Rediff.com25 May 2026

The incidents resulted in 1,468 human deaths and 337 injuries, making it one of the country's gravest wildlife-related crises.

Why Gold Loan Boom Needs Caution

Why Gold Loan Boom Needs Caution

Rediff.com11 May 2026

Rapid growth in personal gold loans has raised concerns over borrower leverage, large-ticket exposure and volatility in gold prices, points out Swaminathan J, Deputy Governor, Reserve Bank of India.

Phew! India Secures Month-Long LPG Supply

Phew! India Secures Month-Long LPG Supply

Rediff.com27 Mar 2026

Around one full month of supply is firmly arranged with additional procurement being continuously finalised, and oil companies are successfully delivering over 5 million cylinders every day.

RBI Cancels Paytm Payments Bank Licence: What it Means for Depositors

RBI Cancels Paytm Payments Bank Licence: What it Means for Depositors

Rediff.com24 Apr 2026

The Reserve Bank of India (RBI) has cancelled the banking licence of Paytm Payments Bank, citing that the bank's affairs were conducted in a manner detrimental to the interests of the bank and its depositors, and its management was prejudicial to public interest.

Tiger found dead in MP reserve, toll rises to 10 since Jan 1

Tiger found dead in MP reserve, toll rises to 10 since Jan 1

Rediff.com17 Feb 2026

An adult tiger with a radio collar was found dead in the Rani Durgavati Tiger Reserve in Madhya Pradesh, India, prompting concerns about the safety and management of the reserve. The death, attributed to a territorial fight, has led to allegations of negligence and calls for investigation.

Fuel price hike on cards? Puri says oil companies are losing Rs 1,000 cr a day

Fuel price hike on cards? Puri says oil companies are losing Rs 1,000 cr a day

Rediff.com12 May 2026

India possesses two months of fuel stockpiles and faces no supply concerns despite global energy disruptions, according to Oil Minister Hardeep Singh Puri. However, state-run fuel retailers are incurring losses of up to Rs 1 lakh crore in a single quarter due to elevated crude prices and unchanged retail fuel prices, raising questions about the sustainability of these losses.

'Oil Is Not The Problem. The Bigger Problem Is Gold'

'Oil Is Not The Problem. The Bigger Problem Is Gold'

Rediff.com18 May 2026

'Every year we import approximately $70 billion worth of gold -- closer to $72 billion in 2025-2026, an all-time record.' 'There is no parallel for this anywhere in the world. And this love for gold will not disappear overnight.'

Opposition backs women's quota, to vote against delimitation

Opposition backs women's quota, to vote against delimitation

Rediff.com15 Apr 2026

Several opposition parties on Wednesday decided to jointly oppose the delimitation provisions in the Constitution amendment bill in Parliament, even as they reiterated support for women's reservation, with Mallikarjun Kharge alleging the move is politically motivated.

Credit Card Transactions Soar 2.6x, Private Banks Dominate

Credit Card Transactions Soar 2.6x, Private Banks Dominate

Rediff.com18 May 2026

Credit card transactions in India have surged over 2.6 times between 2021 and 2025, reaching 570 crore volumes and Rs 23.2 lakh crore in value, with private sector banks significantly increasing their market share, according to a recent RBI report.

4 Reasons Why Market Recovered After March Crash

4 Reasons Why Market Recovered After March Crash

Rediff.com22 May 2026

'Once the market decides it wants to go up, it goes up -- no amount of bad news can really hold it back.'

India pushing for dialogue, diplomacy to resolve West Asia crisis, Modi tells LS

India pushing for dialogue, diplomacy to resolve West Asia crisis, Modi tells LS

Rediff.com23 Mar 2026

Prime Minister Narendra Modi addressed Parliament on the West Asia crisis, advocating for dialogue and diplomacy, ensuring the safety of Indians in the region, and addressing concerns about fuel and food security.

Mumbai to face 10% water cut from May 15 over El Nino fears

Mumbai to face 10% water cut from May 15 over El Nino fears

Rediff.com28 Apr 2026

The Brihanmumbai Municipal Corporation (BMC) has announced a 10 per cent water cut across Mumbai starting May 15, citing concerns over a below-normal monsoon forecast due to the El Nino weather pattern. The current water stock in the city's seven lakes is expected to last until July 6.

Farmer arrested after tiger electrocuted in MP; toll touches 25 this year

Farmer arrested after tiger electrocuted in MP; toll touches 25 this year

Rediff.com27 Apr 2026

A sub-adult tiger was found electrocuted and dumped in a well in Seoni district, Madhya Pradesh. The farmer who owns the well has been arrested. This incident brings the total number of tiger deaths in the state to 25 since January, raising concerns about wildlife protection.

Supreme Court Seeks Status Report On Manipur Violence Trial

Supreme Court Seeks Status Report On Manipur Violence Trial

Rediff.com27 May 2026

The Supreme Court has called for an expedited trial in the 2023 Manipur ethnic violence case and requested a status report from authorities, highlighting the need for confidence-building measures for victims.

Why It Is Time To Double Your SIPs

Why It Is Time To Double Your SIPs

Rediff.com22 May 2026

'You set up your SIPs and you do not touch them. Not during COVID, not during a war scare, not when your neighbour tells you the market is finished. You let the noise pass over you.' 'The beauty of this approach is that it does not require courage or conviction in the moment. It just requires inertia -- keep the SIP running and do not look at your portfolio too often.'

Why Haryana Congress Boycotted Special Assembly Session

Why Haryana Congress Boycotted Special Assembly Session

Rediff.com27 Apr 2026

The Congress party in Haryana boycotted a special session of the state assembly, accusing the ruling BJP of using the platform for political propaganda related to a defeated Constitution amendment bill on women's reservation. The BJP criticised the Congress's move as anti-women.

SC justifies denial of bail to Umar Khalid, releases 2 others

SC justifies denial of bail to Umar Khalid, releases 2 others

Rediff.com22 May 2026

The Supreme Court granted interim bail to two Delhi riots accused, while addressing concerns about conflicting views on bail under the Unlawful Activities Prevention Act (UAPA). The court referred the question of law on whether prolonged incarceration can override UAPA restrictions to a larger bench.

BJP, Opposition Trade Barbs Over Women's Quota Bill

BJP, Opposition Trade Barbs Over Women's Quota Bill

Rediff.com18 Apr 2026

The BJP and the Opposition have engaged in a war of words over the implementation of the women's reservation bill, which aims to reserve seats for women in legislatures. The bill was defeated in the Lower House, leading to accusations and counter-accusations between the parties.

RBI 'keeping close watch' on West Asia conflict for policy action

RBI 'keeping close watch' on West Asia conflict for policy action

Rediff.com19 May 2026

RBI Governor Sanjay Malhotra stated that the central bank is closely monitoring whether the supply shock from the West Asia conflict will lead to a generalised price rise, potentially necessitating monetary policy action.

Govt releases FAQs on women's quota bill after LS defeat

Govt releases FAQs on women's quota bill after LS defeat

Rediff.com19 Apr 2026

The government has released a set of FAQs to address concerns and clarify the details surrounding the Women's Reservation Bill, which aims to provide 33 per cent quota for women in legislatures.

Miraculous Escape For Tourists From Rhino

Miraculous Escape For Tourists From Rhino

Rediff.com19 May 2026

The incident took place during a routine jungle safari inside the UNESCO World Heritage site in Assam.

Petrol tops Rs 100 across most cities, diesel nears Rs 100 as prices raised for 4th time

Petrol tops Rs 100 across most cities, diesel nears Rs 100 as prices raised for 4th time

Rediff.com25 May 2026

Petrol and diesel prices in India have seen their fourth increase in less than two weeks, pushing cumulative hikes to nearly Rs 7.5 per litre since May 15, reaching their highest levels since May 2022. This surge, driven by global crude oil costs and the Iran conflict, is expected to exacerbate inflationary pressures and raise transportation costs across the economy.

Forex reserves drop by $2.3 bn to $700.2 bn

Forex reserves drop by $2.3 bn to $700.2 bn

Rediff.com3 Oct 2025

India's forex reserves dropped by $2.334 billion to $700.236 billion during the week ended September 26, according to the RBI data on Friday.

Modi government's first defeat: Women's bill fails in LS

Modi government's first defeat: Women's bill fails in LS

Rediff.com17 Apr 2026

A Constitution Amendment Bill aimed at implementing 33 per cent reservation for women in legislatures and increasing Lok Sabha seats was defeated in Parliament, marking a setback for the government's efforts to empower women in politics.

Supreme Court to address Parsi woman's plea on religious identity after inter-faith marriage

Supreme Court to address Parsi woman's plea on religious identity after inter-faith marriage

Rediff.com25 May 2026

The Supreme Court has agreed to hear a plea on May 29 seeking a direction to the Nagpur Parsi Panchayat to treat a Parsi woman equally with her male counterparts, even after she marries a person of another faith, challenging a rule that allegedly strips Parsi women of their religious identity upon inter-faith marriage.

RBI Citizen's Charter: Nearly All Applications Processed On Time

RBI Citizen's Charter: Nearly All Applications Processed On Time

Rediff.com4 May 2026

The Reserve Bank of India (RBI) announced that it processed 99.7 per cent of applications within the prescribed timeline under its Citizen's Charter in April 2026. The central bank handled a total of 21,150 applications, showcasing its commitment to efficient service delivery.

Time for change, not revenge: Modi hails Bengal victory

Time for change, not revenge: Modi hails Bengal victory

Rediff.com4 May 2026

Prime Minister Narendra Modi addressed BJP workers after the party's performance in assembly elections, urging an end to political violence in West Bengal and a focus on the state's future.