News for 'India Reserve'

Haryana CM Saini Lauds Ambedkar's Advocacy for Women's Education and Social Justice

Haryana CM Saini Lauds Ambedkar's Advocacy for Women's Education and Social Justice

Rediff.com14 Apr 2026

Haryana Chief Minister Nayab Singh Saini commemorated B.R. Ambedkar's birth anniversary, highlighting his contributions to women's empowerment and social justice. Saini and Union Law Minister Arjun Ram Meghwal criticised the Congress party for allegedly disrespecting Ambedkar, while praising the current government's efforts to honour his legacy.

RBI Keen to Expand Use of Indian Rupee for Russian Trade

RBI Keen to Expand Use of Indian Rupee for Russian Trade

Rediff.com19 Mar 2026

The Reserve Bank of India (RBI) is exploring ways for Russian trade counterparts to use accumulated Indian rupees (INR) for imports or capital investments in India, aiming to boost INR-Rouble transactions and reduce reliance on the US dollar.

RBI Suggests Lagged Credit and 'Kill Switch' to Fight Payment Fraud

RBI Suggests Lagged Credit and 'Kill Switch' to Fight Payment Fraud

Rediff.com9 Apr 2026

The Reserve Bank of India (RBI) has proposed new measures to combat financial fraud in digital payments, including lagged credit for authorised push payments and a 'kill switch' for users to disable all digital transactions.

Why Khera's Counsel Argues Arrest Is Unnecessary

Why Khera's Counsel Argues Arrest Is Unnecessary

Rediff.com21 Apr 2026

The Gauhati High Court heard arguments for Pawan Khera's anticipatory bail plea, filed after an FIR by the Assam CM's wife alleging multiple passports. Khera's counsel argued he is not a flight risk and his arrest is unnecessary, while the Assam Advocate General opposed the bail.

RBI Exceeds Expectations in Processing Citizen Charter Applications

RBI Exceeds Expectations in Processing Citizen Charter Applications

Rediff.com1 Apr 2026

The Reserve Bank of India (RBI) has reported processing 99.9% of applications under its Citizen's Charter within the stipulated timeframe in March 2026, demonstrating a high level of efficiency.

IRCTC Bets Big on Payments Play

IRCTC Bets Big on Payments Play

Rediff.com23 Apr 2026

IRCTC is expanding its payments arm, IRCTC Payments, to handle transactions across its ticketing platform and tap government clients, aiming to scale its annual payment processing to approximately 1 trillion.

Vimal Kumar Slams Badminton's New Scoring System

Vimal Kumar Slams Badminton's New Scoring System

Rediff.com26 Apr 2026

Former chief coach Vimal Kumar has expressed his disappointment with the Badminton World Federation's decision to change the scoring system, arguing it dilutes the sport and fails to address its real challenges.

Wholesale Price Inflation Rises 2.13% in Feb, Driven by Food and Manufacturing

Wholesale Price Inflation Rises 2.13% in Feb, Driven by Food and Manufacturing

Rediff.com16 Mar 2026

India's wholesale price inflation (WPI) increased for the fourth consecutive month in February, reaching 2.13 per cent, primarily due to rising prices of food and manufactured goods, according to government data.

West Asia crisis, inflation weighed on RBI panel's decision on interest rate

West Asia crisis, inflation weighed on RBI panel's decision on interest rate

Rediff.com22 Apr 2026

Uncertainties stemming from the West Asia crisis and its potential impact on inflation and economic growth were key factors in the Reserve Bank of India's Monetary Policy Committee (MPC) decision to maintain the status quo on interest rates, according to the recently released MPC meeting minutes.

PFBR milestone: Kalpakkam reactor achieves first criticality

PFBR milestone: Kalpakkam reactor achieves first criticality

Rediff.com7 Apr 2026

India's 500 MWe Prototype Fast Breeder Reactor (PFBR) at Kalpakkam in Chennai has achieved first criticality, marking a significant advancement in the country's nuclear energy capabilities and long-term energy security.

Japan Arms Policy Shift Sparks China Ire

Japan Arms Policy Shift Sparks China Ire

Rediff.com1 May 2026

Beijing has been wary of Sanae Takaichi's efforts to boost Japan's military profile since taking office six months ago, points out Dr Rajaram Panda.

Wholesale Price Inflation Jumps to 3.88% in March Amidst West Asia Crisis

Wholesale Price Inflation Jumps to 3.88% in March Amidst West Asia Crisis

Rediff.com15 Apr 2026

India's wholesale price inflation surged to 3.88 per cent in March, marking the fifth consecutive monthly increase, primarily driven by a sharp rise in crude petroleum, natural gas, and manufactured items amidst the West Asia crisis.

RBI may rationalise board norms, shift focus to strategy, policy

RBI may rationalise board norms, shift focus to strategy, policy

Rediff.com9 Apr 2026

The Reserve Bank of India (RBI) is set to revise its directives for bank boards, aiming to alleviate operational burdens and enable them to concentrate on crucial policy and strategic decision-making, thereby enhancing corporate governance in the Indian banking sector.

'A Big Battle Is Going On Within The Congress In Kerala'

'A Big Battle Is Going On Within The Congress In Kerala'

Rediff.com6 May 2026

'They will have to adjust themselves to the new reality. Because if they don't understand this changed political perception, their future will be difficult.'

When Will Jio Credit Reach AUM Level Of Rs 1 Trillion?

When Will Jio Credit Reach AUM Level Of Rs 1 Trillion?

Rediff.com29 Apr 2026

'We are staying away from making forward-looking statements on when we will reach 1 trillion, etc. But growth will be rapid; it's only a matter of time.'

Forex reserves jump $6.99 bn to $692.72 bn

Forex reserves jump $6.99 bn to $692.72 bn

Rediff.com30 May 2025

India's forex reserves jumped by $6.99 billion to $692.72 billion during the week ended May 23, the RBI said on Friday.

Rupee breaches 95-level against US dollar for first time

Rupee breaches 95-level against US dollar for first time

Rediff.com30 Mar 2026

The Indian rupee rebounded against the US dollar after the Reserve Bank of India (RBI) restricted banks' net open positions in dollars. This move prompted banks to sell dollars, providing temporary support for the rupee amidst ongoing geopolitical tensions and rising oil prices.

How RBI Plans To Protect Your Money From Scams

How RBI Plans To Protect Your Money From Scams

Rediff.com16 Apr 2026

The proposed solution is a one-hour delay for digital transactions exceeding Rs 10,000, particularly when the transfer is made to a new or unverified beneficiary. The idea is simple -- give users a window to reconsider, detect fraud or alert their bank before the funds are irretrievably transferred.

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.

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.

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.

IPL 2026: Mumbai Indians, Chennai Super Kings Seek Consistency

IPL 2026: Mumbai Indians, Chennai Super Kings Seek Consistency

Rediff.com23 Apr 2026

Struggling former champions Mumbai Indians and Chennai Super Kings will be eyeing consistency as they await the return of their former captains Rohit Sharma and Mahendra Singh Dhoni.

RBI: Forex market interventions are temporary, not structural shifts

RBI: Forex market interventions are temporary, not structural shifts

Rediff.com9 Apr 2026

Reserve Bank of India (RBI) Governor Sanjay Malhotra stated that recent regulatory measures to address foreign exchange market volatility, such as capping banks' net open positions, are temporary and aligned with current market conditions, not signalling any structural shift in policy.

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?

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.

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.

Crude at $130 could unsettle growth outlook: S&P Global

Crude at $130 could unsettle growth outlook: S&P Global

Rediff.com15 Apr 2026

S&P Global Ratings warns that a sustained rise in crude oil prices to $130 per barrel could significantly slow India's economic growth, weaken fiscal metrics, and strain corporate and banking sector performance, potentially reducing growth by up to 80 basis points.

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.

West Bengal Elections: Time For Singur To Move On

West Bengal Elections: Time For Singur To Move On

Rediff.com28 Apr 2026

Years after the Nano exit, Singur's farmers now seek industry and jobs, as the land remains caught between failed promises and political contest.

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.

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.

India's forex reserves drop $2.54 billion to $635.72 billion

India's forex reserves drop $2.54 billion to $635.72 billion

Rediff.com21 Feb 2025

Snapping the three-week rising streak, India's forex reserves dropped by $2.54 billion to $635.72 billion in the week ended February 14, the RBI said on Friday. In the previous reporting week, the reserves had increased by $7.65 billion to $638.26 billion.

Kejriwal refuses to appear before HC judge who refused to recuse in excise case

Kejriwal refuses to appear before HC judge who refused to recuse in excise case

Rediff.com27 Apr 2026

Arvind Kejriwal has written to Delhi High Court Justice Swarana Kanta Sharma, stating he will not appear in the excise case personally or through a lawyer before her, citing concerns about impartiality.

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.

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.

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.

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 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.

India Ramps Up Gold Reserves...

India Ramps Up Gold Reserves...

Rediff.com19 Mar 2025

The RBI added roughly 3 tonnes in 2025, taking its gold reserves to 879 tonnes as of January 31, 2025.