News for 'Indian Rupee'

Markets to Track West Asia Situation, Crude Oil Prices This Week

Markets to Track West Asia Situation, Crude Oil Prices This Week

Rediff.com10 May 2026

Indian stock markets are expected to remain highly sensitive to geopolitical developments, particularly the US-Iran situation, and crude oil prices this week, with analysts also highlighting the influence of the rupee-dollar trend, foreign investor activity, and upcoming inflation data.

Cyber Fraud Syndicate Busted: Indian SIM Cards Used to Defraud Citizens

Cyber Fraud Syndicate Busted: Indian SIM Cards Used to Defraud Citizens

Rediff.com1 Apr 2026

Telangana Cyber Security Bureau (TGCSB) arrested five individuals for supplying over 600 Indian SIM cards to a cyber fraud syndicate operating from Cambodia, which defrauded Indian citizens of crores of rupees.

Rupee sees worst single-day fall in 2 months on importer dollar demand

Rupee sees worst single-day fall in 2 months on importer dollar demand

Rediff.com17 Jan 2026

The rupee witnessed its worst single-day decline in around two months since November 21, 2025, due to demand for dollars among importers, said dealers. The maturing short positions in the non-deliverable forwards market further weighed on the local currency.

Air India defers increments, asks staff to cut costs

Air India defers increments, asks staff to cut costs

Rediff.com9 May 2026

Air India has deferred annual salary increments for its staff by at least one quarter and urged a "relentless focus on costs" due to external headwinds like the closure of Pakistan airspace, West Asia conflict, rupee depreciation, and a significant surge in aviation turbine fuel prices, though the airline has assured there will be no layoffs.

Bhutan's Huge Crypto Gamble, India And China Watching

Bhutan's Huge Crypto Gamble, India And China Watching

Rediff.com16 Apr 2026

Is Bhutan merely experimenting with digital finance -- or is the Himalayan kingdom punching far above its weight, quietly playing one of the most sophisticated strategic games in Asia today? asks Varun Arya.

AI deals rising, but IT sector earnings lag

AI deals rising, but IT sector earnings lag

Rediff.com26 May 2026

Indian IT stocks have seen a significant decline of up to 33 per cent year-to-date in 2026, largely due to artificial intelligence (AI) disrupting traditional outsourcing models, leading analysts to predict a challenging FY27 for the sector despite some cushion from rupee depreciation.

RBI net-bought $7.4 bn in Feb, highest since Mar '25

RBI net-bought $7.4 bn in Feb, highest since Mar '25

Rediff.com24 Apr 2026

The Reserve Bank of India (RBI) net-bought $7.4 billion from the spot foreign exchange market in February, its highest buy since March 2025, before heavily intervening by selling dollars in March as the rupee declined over 4 per cent following a spike in crude oil prices.

Sensex gains nearly 790 points, driven by telecom and banking sector buying

Sensex gains nearly 790 points, driven by telecom and banking sector buying

Rediff.com14 May 2026

Indian stock markets saw a significant rebound, with the Sensex jumping nearly 790 points, primarily fuelled by strong buying interest in telecom, pharma, and private banking shares, despite a volatile trading session and a weakening rupee.

DGCX to list Indian Rupee futures contract

DGCX to list Indian Rupee futures contract

Rediff.com13 Apr 2007

The Indian rupee is going to get the futures contract soon. The Dubai Gold and Commodities Exchange will list a futures contract on the Indian rupee in mid-June.

Massive Charas Seizure In Kutch, Dwarka Districts

Massive Charas Seizure In Kutch, Dwarka Districts

Rediff.com7 May 2026

A large number of charas packets, estimated to be worth crores of rupees, have been recovered in Gujarat's Kutch and Devbhumi Dwarka districts, according to police reports.

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.'

Indian markets brace for volatility amid RBI policy, West Asia tensions

Indian markets brace for volatility amid RBI policy, West Asia tensions

Rediff.com5 Apr 2026

The Indian stock market is poised for a volatile week, influenced by the Reserve Bank of India's monetary policy decision, crucial global macroeconomic data, and the escalating geopolitical tensions in West Asia, according to market analysts.

Rupee plunges 5% in 2025 amid persistent foreign fund outflows, dollar strength

Rupee plunges 5% in 2025 amid persistent foreign fund outflows, dollar strength

Rediff.com31 Dec 2025

The rupee slumped 5 per cent in 2025 as persistent capital outflows from foreign investors, alongside heightened dollar demand from importers, making it one of the worst-performing Asian currencies.

Stock markets today: Sensex rises 300 points; Nifty over 23K

Stock markets today: Sensex rises 300 points; Nifty over 23K

Rediff.com22 May 2026

Indian benchmark equity indices, Sensex and Nifty, saw a rebound in early trade, driven by a rally in global markets and easing Brent crude oil prices, with hopes of US-Iran peace negotiations also contributing to investor optimism. Track Sensex, Nifty on May 22

Water Could Help India Cut Fuel Consumption, Emissions

Water Could Help India Cut Fuel Consumption, Emissions

Rediff.com17 May 2026

A Monaco-based fuel technology company, FOWE Eco Solutions, claims its patented Cavitech fuel emulsion technology can help industries slash fuel consumption, reduce emissions, and improve equipment performance by using water.

'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.'

FPIs withdraw Rs 17,955 cr from Indian equities so far in Dec

FPIs withdraw Rs 17,955 cr from Indian equities so far in Dec

Rediff.com14 Dec 2025

Foreign investors pulled out Rs 17,955 crore (Rs 2 billion) from Indian equities in the first two weeks of this month, taking the total outflow to Rs 1.6 lakh crore (Rs 18.4 billion) in 2025.' This sharp withdrawal follows a net outflow of Rs 3,765 crore in November, extending the pressure on domestic equity markets.

CBI arrests biology lecturer involved in NEET paper setting

CBI arrests biology lecturer involved in NEET paper setting

Rediff.com16 May 2026

The CBI has arrested a biology lecturer, part of the NTA's paper-setting committee, in connection with the NEET-UG paper leak case. The arrest follows the questioning of key suspects and allegations of leaked questions being dictated to students for a fee.

Water Could Help India Cut Fuel Consumption, Emissions

Water Could Help India Cut Fuel Consumption, Emissions

Rediff.com17 May 2026

A Monaco-based fuel technology company, FOWE Eco Solutions, claims its patented Cavitech fuel emulsion technology can help industries slash fuel consumption, reduce emissions, and improve equipment performance by using water in fuel.

West Asia Conflict and US Fed Decision to Steer Equity Market This Week

West Asia Conflict and US Fed Decision to Steer Equity Market This Week

Rediff.com15 Mar 2026

Analysts predict that the ongoing conflict in West Asia, crude oil price fluctuations, and the US Federal Reserve's interest rate decision will significantly influence the Indian equity market this week.

Stock markets end lower amid spike in oil prices; Sensex drops 480 pts

Stock markets end lower amid spike in oil prices; Sensex drops 480 pts

Rediff.com26 May 2026

Indian benchmark indices Sensex and Nifty closed lower, snapping a two-day rally, as a spike in crude oil prices, triggered by reports of fresh US military operations in southern Iran, dampened investor sentiment and reignited fears of renewed energy supply disruptions.

The Fragile Truth Behind India's Bull Market

The Fragile Truth Behind India's Bull Market

Rediff.com9 Jun 2026

The Indian stock market mythos of 36 years is wrapped in a diaphanous negligee, lashed together by a delicate, etheric sash of 1.6 bull markets. To make money from here on will require a ground invasion, trench by trench, rather than carpet bombing. Way more difficult, points out Shankar Sharma.

Oil Shock Triggers Rs 1.1 Trillion FPI Exits

Oil Shock Triggers Rs 1.1 Trillion FPI Exits

Rediff.com21 Apr 2026

'FPIs are unlikely to return unless there is equilibrium between valuation premium and earnings growth.'

West Asia War: Rs 48.29 Lakh Crore Investor Wealth Wiped Out Since Conflict Began

West Asia War: Rs 48.29 Lakh Crore Investor Wealth Wiped Out Since Conflict Began

Rediff.com23 Mar 2026

Indian investors have seen their wealth erode by a staggering Rs 48.29 lakh crore since the West Asia war began on February 28, leading to a significant downturn in the BSE Sensex and NSE Nifty, driven by geopolitical tensions and rising crude oil prices.

'Ami KKR': Cameron Green's first message after IPL auction

'Ami KKR': Cameron Green's first message after IPL auction

Rediff.com16 Dec 2025

Green has so far played 29 matches in the IPL to aggregate 707 runs and take 16 wickets.

CBSE revaluation portal hit by cyberattack, fees spike to Rs 68,000

CBSE revaluation portal hit by cyberattack, fees spike to Rs 68,000

Rediff.com30 May 2026

The CBSE revaluation portal experienced a cyber attack, affecting the payment system and leading to unauthorised access for approximately 50 students. The incident caused fee display abnormalities, prompting investigations and system enhancements.

Can Water Be The Answer To India's Fuel Import Woes?

Can Water Be The Answer To India's Fuel Import Woes?

Rediff.com17 May 2026

A Monaco-based fuel technology company, FOWE Eco Solutions, claims its patented Cavitech fuel emulsion technology can help India reduce fuel consumption, emissions, and improve equipment performance by using water in a fuel-oil-water emulsion.

CPI(M) Alleges Fraud In Cooperative Society After Depositor's Suicide

CPI(M) Alleges Fraud In Cooperative Society After Depositor's Suicide

Rediff.com30 May 2026

CPI(M) state secretary M V Govindan has accused a Kozhikode-based cooperative society of fraud following the alleged suicide of a depositor, claiming the society, run by local Congress leaders, failed to return the deceased's money.

Born with a diamond spoon: Lalit Modi defends luxury life

Born with a diamond spoon: Lalit Modi defends luxury life

Rediff.com4 Jun 2026

Former IPL Commissioner Lalit Modi, who claims that there is no wrongdoing by him in the legal cases faced by him in India, has said that he was born with "a diamond spoon", has a kingsize lifestyle, travels everywhere and that "Rs 10-12 crore" may not last with him a week.

Great Nicobar project is not about defence but real estate: Rahul

Great Nicobar project is not about defence but real estate: Rahul

Rediff.com5 Jun 2026

Congress leader Rahul Gandhi on Friday said the government's argument that the Great Nicobar Island Project is about defence and a trans-shipment port is a "lie", and alleged that it is actually about benefiting one businessman so that he can build hotels and casinos on India's most irreplaceable ecological land.

No Stopping For Retail Investors In Equity Markets

No Stopping For Retail Investors In Equity Markets

Rediff.com5 Jun 2026

In April alone, they snapped up shares worth Rs 19,664 crore, recording their biggest buy since October 2024.

Why didn't austerity wisdom emerge during election campaigns?: Raj Thackeray blasts Modi

Why didn't austerity wisdom emerge during election campaigns?: Raj Thackeray blasts Modi

Rediff.com12 May 2026

MNS president Raj Thackeray questions the fuel consumption during recent election campaigns, asking if austerity measures are only meant for the common people.

Bank valuations slump despite stronger earnings growth

Bank valuations slump despite stronger earnings growth

Rediff.com26 May 2026

The Bank Nifty is currently trading at a 43.5 per cent discount to the Nifty 50, near its widest gap since 2015, reflecting investor pessimism despite the banking sector's strong earnings growth.

Goldman Cuts India Market Outlook

Goldman Cuts India Market Outlook

Rediff.com27 Mar 2026

Goldman Sachs has materially lowered its earnings growth forecast for Indian companies by a cumulative 9 percentage points over the next two years.

Rupee Slide Makes Overseas Trips Costlier

Rupee Slide Makes Overseas Trips Costlier

Rediff.com5 Dec 2025

Travel firms expect package prices to rise by 5 to 10 per cent, depending on destination and inclusions.

Actor Shiyas Kareem Faces Charges Of Cheating, Outraging Modesty

Actor Shiyas Kareem Faces Charges Of Cheating, Outraging Modesty

Rediff.com28 Apr 2026

Actor and reality show star Shiyas Kareem has been booked on charges of cheating, outraging the modesty of a woman and criminal intimidation, based on a complaint lodged by his woman business partner, police said on Tuesday.

'The Country Is In Stagnation'

'The Country Is In Stagnation'

Rediff.com4 Jun 2026

'Unfortunately, today most ministers are busy with either election duty or praising duty. They are not interested in serving duty.' 'Ministers have become relaxed like retired people still holding onto jobs.' 'Look at how the NEET paper leaked. But there is no accountability.' 'After 12 years, they have become saturated. They are short of ideas.'

Rupee breaches 90/dollar for first time; closes at all-time low of 90.15

Rupee breaches 90/dollar for first time; closes at all-time low of 90.15

Rediff.com3 Dec 2025

The rupee breached 90-levels against the greenback for the first time on Wednesday, falling 6 paise to 90.02 in early trade, as banks kept buying US dollars at higher levels and FII outflows continued.

Why RBI's forex cap direction has not worked

Why RBI's forex cap direction has not worked

Rediff.com7 Apr 2026

The Reserve Bank of India's (RBI) cap on banks' forex positions provided only a temporary boost to the rupee, with the currency quickly reversing gains and breaching the 95-per-dollar mark due to persistent underlying pressures.

Indian rupee to get a symbol soon

Indian rupee to get a symbol soon

Rediff.com24 Jun 2010

The Indian rupee will get a distinct identification symbol like the world's major currencies soon.