News for 'India Reserve'

Banerjee Accuses BJP Of Dividing Bengal On Religious Lines

Banerjee Accuses BJP Of Dividing Bengal On Religious Lines

Rediff.com20 Apr 2026

West Bengal Chief Minister Mamata Banerjee criticised the BJP for allegedly attempting to divide people on religious and caste lines during a community outreach programme in her Bhabanipur constituency.

CAG flags Rs 12,754 crore misclassification, Rs 54,282 crore in pending UCs in FY25 audit

CAG flags Rs 12,754 crore misclassification, Rs 54,282 crore in pending UCs in FY25 audit

Rediff.com3 Apr 2026

The Comptroller and Auditor General of India (CAG) has reported significant financial irregularities in the Union government's FY25 accounts, including ~12,754.47 crore in misclassification and ~54,282.32 crore in outstanding utilisation certificates, with some dating back to 1985-86.

Supreme Court: No personal hearing needed before banks tag loan accounts as fraud

Supreme Court: No personal hearing needed before banks tag loan accounts as fraud

Rediff.com8 Apr 2026

The Supreme Court has ruled that borrowers are not entitled to a personal hearing before banks classify their loan accounts as "fraud" under RBI directions, clarifying that a written response to a show-cause notice and access to the forensic audit report (with redactions) are sufficient for natural justice.

Gaganjeet Bhullar leads Indian contingent at International Series

Gaganjeet Bhullar leads Indian contingent at International Series

Rediff.com1 Apr 2026

Gaganjeet Bhullar will lead a strong Indian contingent at the International Series golf tournament, joined by other prominent Indian golfers.

Bhutan: Breathtakingly Beautiful!

Bhutan: Breathtakingly Beautiful!

Rediff.com30 Apr 2026

The first thing you notice about Bhutan is not the mountains, but the silence.

India's forex reserves jump $1.57 bn to $677.83 bn

India's forex reserves jump $1.57 bn to $677.83 bn

Rediff.com18 Apr 2025

India's forex reserves increased by $1.57 billion to $677.83 billion for the week ended April 11, the Reserve Bank said on Friday. This is the sixth consecutive week of a rise in the kitty.

Banerjee Accuses BJP Of Dividing Bengal On Religious Lines

Banerjee Accuses BJP Of Dividing Bengal On Religious Lines

Rediff.com19 Apr 2026

West Bengal Chief Minister Mamata Banerjee criticised the BJP for allegedly deleting names from electoral rolls and attempting to divide people on religious and caste lines during a community outreach programme in her Bhabanipur constituency.

Forex reserves decline by $1 bn to $697.93 bn

Forex reserves decline by $1 bn to $697.93 bn

Rediff.com27 Jun 2025

India's forex reserves dropped by $1.01 billion to $697.93 billion for the week ended June 20, the Reserve Bank of India said on Friday. In the previous reporting week, the reserves had jumped by $2.29 billion to $698.95 billion.

UPI Transactions Surge to Record High: Understanding the Growth Factors

UPI Transactions Surge to Record High: Understanding the Growth Factors

Rediff.com2 Apr 2026

Unified Payments Interface (UPI) transactions in India reached a record high in March, driven by increased adoption and global expansion. The system now accounts for 85% of digital transactions in India and is live in eight countries.

UPI Transactions Surge to Record Levels in March

UPI Transactions Surge to Record Levels in March

Rediff.com2 Apr 2026

Unified Payments Interface (UPI) transactions in India reached a record high in March, with 22.64 billion transactions, marking a significant increase from the previous year and highlighting the growing adoption of digital payments.

RBI's gold reserves crossed 880 metric tonnes by Sep

RBI's gold reserves crossed 880 metric tonnes by Sep

Rediff.com22 Oct 2025

The Reserve Bank's gold reserves crossed 880 metric tonnes in the first half of 2025-26 with the central bank adding 0.2 metric tonnes in the last week of September. The total value of the gold was $95 billion as of September 26, 2025, according to the latest data from the Reserve Bank of India (RBI).

'BJP Has Seen Defeat For 40 Years. That's Why It Never Loses In Gujarat Today'

'BJP Has Seen Defeat For 40 Years. That's Why It Never Loses In Gujarat Today'

Rediff.com30 Apr 2026

'Narendra Modi -- a man with deep and vital experience of Indian politics -- has seen the BJP lose many elections between 1975 and 2015, and with every defeat, he learned lessons that made sure he would never allow his party to be defeated so easily again.'

Tamil Nadu poll campaign ends, voting on Thursday

Tamil Nadu poll campaign ends, voting on Thursday

Rediff.com21 Apr 2026

The high-intensity election campaign in Tamil Nadu concluded with accusations and counter-accusations between the DMK and AIADMK, while new entrant TVK made its presence felt. Key issues included state autonomy, corruption, law and order, and the delimitation bill.

CBI Files Chargesheet in Rs 23 Crore Digital Arrest Scam

CBI Files Chargesheet in Rs 23 Crore Digital Arrest Scam

Rediff.com10 Apr 2026

The CBI has filed a chargesheet against a man accused of defrauding a retired banker of Rs 23 crore in a sophisticated digital arrest scam involving impersonation of law enforcement and judicial authorities.

Rupee surges 52 paise to close at 92.54/USD on US-Iran ceasefire

Rupee surges 52 paise to close at 92.54/USD on US-Iran ceasefire

Rediff.com8 Apr 2026

The Indian rupee saw a significant appreciation against the US dollar following President Trump's suspension of military strikes against Iran and the Reserve Bank of India's decision to maintain its key interest rate. Market sentiment was further buoyed by positive comments from the RBI regarding the health of the banking sector.

Modi Slams TMC For Corruption, Infiltration In Bengal

Modi Slams TMC For Corruption, Infiltration In Bengal

Rediff.com24 Apr 2026

Prime Minister Narendra Modi launched a scathing attack on the TMC, accusing the party of looting West Bengal for 15 years, destroying the state's identity through corruption and infiltration, and turning Jadavpur University into a symbol of disorder.

CII seeks fiscal support, credit lines for industries hit by West Asia conflict

CII seeks fiscal support, credit lines for industries hit by West Asia conflict

Rediff.com6 Apr 2026

The Confederation of Indian Industry (CII) has proposed a 20-point policy agenda to the finance ministry, including a conflict-linked emergency credit line guarantee scheme and tax rationalisation on energy inputs, to support MSMEs, exporters, and energy-intensive industries affected by the ongoing West Asia war.

Rs 64,000 Crore Investment in Coal Gasification to Cut Energy Imports

Rs 64,000 Crore Investment in Coal Gasification to Cut Energy Imports

Rediff.com23 Mar 2026

Coal and Mines Minister G Kishan Reddy announced that seven coal gasification projects will be established in Maharashtra, Odisha, and West Bengal with a Rs 64,000 crore investment, aiming to reduce India's reliance on energy imports.

Rupee Bounces Back After RBI Intervention Amidst Market Volatility

Rupee Bounces Back After RBI Intervention Amidst Market Volatility

Rediff.com2 Apr 2026

The Indian rupee rebounded against the US dollar following intervention by the Reserve Bank of India, amidst ongoing concerns about foreign capital outflows, rising crude oil prices, and geopolitical instability.

Rupee Hits All-Time Low as Oil Prices Surge and Dollar Strengthens

Rupee Hits All-Time Low as Oil Prices Surge and Dollar Strengthens

Rediff.com9 Mar 2026

The Indian rupee crashed to a record closing low against the US dollar due to rising global crude oil prices, a strengthening dollar, and geopolitical tensions in the Middle East.

Can India Reset Ties With Bangladesh?

Can India Reset Ties With Bangladesh?

Rediff.com24 Feb 2026

Sensitive issues remain. Water sharing of the Ganga and Teesta rivers. Treatment of minorities, particularly Hindus. Border management. Trade imbalances. Connectivity projects.What happens next will shape not just bilateral ties, but the balance of South Asia itself, points out Ramesh Menon.

'Intimidating me?' Mamata questions CRPF deployment during Bengal polls

'Intimidating me?' Mamata questions CRPF deployment during Bengal polls

Rediff.com22 Apr 2026

West Bengal Chief Minister Mamata Banerjee has criticised the deployment of CRPF armoured vehicles during the Assembly elections, accusing the BJP-led Centre of using government resources to favour their party. She also addressed concerns of potato farmers and urged them to sell their produce in other states.

T20 World Cup: Will India Field Rinku For Windies Game?

T20 World Cup: Will India Field Rinku For Windies Game?

Rediff.com28 Feb 2026

Though he hasn't made a big impact with the bat yet, Rinku Singh has good experience at Eden Gardens. He has played 25 IPL matches here, scored 540 runs in 23 innings, and has a strike rate of 157.4. Will the team management back him as a finisher in this must win game?

Tata Sons IPO Buzz Grows Amid Trust Rift

Tata Sons IPO Buzz Grows Amid Trust Rift

Rediff.com17 Apr 2026

If Tata Sons is listed, the special veto rights of Tata Trusts, under Article 121A, may have to go away.

Iran war impact: LPG shortage threatens hotels, restaurants closures across India

Iran war impact: LPG shortage threatens hotels, restaurants closures across India

Rediff.com10 Mar 2026

Indian restaurants are grappling with a severe LPG shortage due to the West Asia conflict, forcing them to innovate with menus and cooking methods or face potential closures, impacting the food industry and consumers across the country.

'Let's Think Of Around 15% Returns Over 12 Months'

'Let's Think Of Around 15% Returns Over 12 Months'

Rediff.com14 Apr 2026

'The March correction was clearly due to the war and with prospects of that coming to a conclusion, there is a natural rally.'

UPI Transactions Soar to Record Highs in March

UPI Transactions Soar to Record Highs in March

Rediff.com1 Apr 2026

Unified Payments Interface (UPI) transactions reached a record high in March, driven by festivities and the financial year closure, according to the National Payments Corporation of India (NPCI).

Iran War Hits Kerala Tourism Hard

Iran War Hits Kerala Tourism Hard

Rediff.com15 Apr 2026

'We have lost 70-80 per cent of our business from foreign guests.'

Amit Shah: Mamata Banerjee Shielding Infiltrators In Bengal

Amit Shah: Mamata Banerjee Shielding Infiltrators In Bengal

Rediff.com21 Apr 2026

Union Home Minister Amit Shah accused West Bengal Chief Minister Mamata Banerjee of shielding infiltrators, promoting dynastic politics, and supporting the construction of a mosque resembling the Babri Masjid.

Stock Markets Today: Sensex, Nifty50 Surge as US-Iran Tensions Ease

Stock Markets Today: Sensex, Nifty50 Surge as US-Iran Tensions Ease

Rediff.com8 Apr 2026

Indian markets on Dalal Street rallied sharply as easing tensions in the US-Iran conflict and stable oil prices boosted sentiment. Track Nifty 50 and BSE Sensex performance and key global triggers.

Will Vaibhav Sooryavanshi Break Sachin's Record?

Will Vaibhav Sooryavanshi Break Sachin's Record?

Rediff.com27 Mar 2026

Vaibhav Sooryavanshi, a 15-year-old cricket prodigy, is now eligible to play for India in senior international cricket, sparking comparisons to Sachin Tendulkar and raising questions about fast-tracking his career.

Banks' gold loan portfolio surged 128% in Feb

Banks' gold loan portfolio surged 128% in Feb

Rediff.com31 Mar 2026

Loans against gold jewellery in India surged by an impressive 128 per cent year-on-year to nearly 4.28 trillion in February 2026, according to the latest Reserve Bank of India (RBI) data, significantly outpacing overall retail loan growth.

Sensex, Nifty Recover to Close Higher Amidst Rupee Rebound

Sensex, Nifty Recover to Close Higher Amidst Rupee Rebound

Rediff.com2 Apr 2026

Indian stock markets recovered from early losses to close higher, driven by value buying in IT and banking shares and a rebound in the rupee.

RBI UPI Delay Plan Gets Banker Backing

RBI UPI Delay Plan Gets Banker Backing

Rediff.com21 Apr 2026

'It is a tradeoff between convenience and fraud prevention.'

CBDT Urged to Issue Master Circular

CBDT Urged to Issue Master Circular

Rediff.com13 Apr 2026

'In practical terms, a Master Circular is not merely desirable; it is a necessary transition tool to ensure that the promise of simplification under the Income-Tax Act, 2025, is fully realised.'

Silver, gold rally falters as West Asia tensions resurface

Silver, gold rally falters as West Asia tensions resurface

Rediff.com9 Apr 2026

Gold and silver prices saw a significant decline in the national capital, with silver falling by Rs 7,800 to Rs 2.43 lakh per kilogram and gold by Rs 1,500 to Rs 1.54 lakh per 10 grams, as investors booked profits amid persistent doubts over the durability of the West Asia ceasefire.

2 more Indian LPG carriers cross Hormuz safely amid tensions

2 more Indian LPG carriers cross Hormuz safely amid tensions

Rediff.com24 Mar 2026

The vessels are carrying around 92,600 metric tonnes of LPG and have 33 and 27 Indian seafarers onboard, respectively. Visuals showed Pine Gas crossing the critical chokepoint.

RBI Reassures on HDFC Bank's Financial Health Following Chairman's Exit

RBI Reassures on HDFC Bank's Financial Health Following Chairman's Exit

Rediff.com19 Mar 2026

The Reserve Bank of India (RBI) has issued a statement assuring the public of HDFC Bank's stability and sound financial position following the resignation of its chairman, Atanu Chakraborty, citing ethical concerns.

How RBI's Two-Factor Authentication Will Impact Digital Payments

How RBI's Two-Factor Authentication Will Impact Digital Payments

Rediff.com1 Apr 2026

Two-factor authentication for all digital transactions, including UPI, is now mandatory in India, as per RBI guidelines, to enhance security and curb fraud.

Indian Navy ships escorting tankers through Strait of Hormuz: Rajnath

Indian Navy ships escorting tankers through Strait of Hormuz: Rajnath

Rediff.com2 Apr 2026

Defence Minister Rajnath Singh assures India's energy security amidst West Asia tensions, highlighting naval protection of tankers and readiness to counter cross-border terrorism.