India's foreign exchange reserves decreased by USD 11.413 billion to USD 698.346 billion during the week ending March 20, primarily due to a significant reduction in gold reserves, according to the Reserve Bank of India (RBI).
Domestic institutional investors, on the other hand, made a net investment of Rs 1.13 trillion during this period.
Foreign portfolio investors (FPIs) withdrew a substantial amount from Indian equities in the first half of March, driven by geopolitical tensions, rupee depreciation, and concerns about crude oil prices.
CPI(M) state secretary M V Govindan has accused the Congress party of failing to deliver on its promise to construct houses for victims of the 2024 Wayanad landslide, alleging lack of transparency in funds collected and spreading misinformation about the state government's policies.
Delhi Police have registered an FIR concerning allegations of a 'ticket-for-money' scheme involving individuals connected to the Congress party, following a complaint by a Haryana-based man who claims he was asked to pay substantial amounts to secure an election ticket for his wife.
Two senior Bihar government officers are under investigation after the Economic Offences Unit (EOU) discovered property documents, cash deposits, and valuable items allegedly disproportionate to their known income.
Investors must account for currency depreciation in their financial plans and use instruments that can cushion the erosion in purchasing power.
The Economic Offences Wing of Crime Branch in Kashmir conducted searches at multiple locations in Srinagar and Budgam districts concerning the alleged siphoning of government funds during the COVID-19 pandemic.
Households should moderate large discretionary expenses for the time being.
'They should prioritise essential spending. They should maintain an emergency fund covering 6 to 12 months of expenses.'
Himachal Pradesh is experiencing a significant increase in cyber fraud cases, with hundreds of cases registered and substantial financial losses reported. The state government is taking measures to combat this rise, including establishing cyber help desks and providing specialised training to officers.
Indian benchmark equity indices experienced a significant downturn, with the Sensex plummeting over 800 points and the Nifty falling sharply, driven by rising crude oil prices, geopolitical tensions, and foreign capital outflows.
West Bengal Chief Minister Mamata Banerjee has accused the BJP of stoking fights among all sections of society and attempting to loot the country by exploiting these divisions. She also criticised the BJP's economic policies and alleged discrimination in welfare schemes.
Remittances from West Asia in March rose sharply amid the conflict in the region, with industry insiders estimating inflows to be 20-30 per cent higher than what is usual in a month.
IndiGo operator InterGlobe Aviation had a mildly encouraging third quarter in financial year 2026 (Q3FY26).
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.
A gang posing as Income Tax officials robbed a contractor's home in Dhar, Madhya Pradesh, stealing gold and cash.
Goldman Sachs has materially lowered its earnings growth forecast for Indian companies by a cumulative 9 percentage points over the next two years.
A yoga teacher from Surat and six others have been arrested in Ahmedabad for circulating fake Indian currency notes (FICN). Police estimate they may have circulated Rs 10 to 12 lakh in counterfeit money.
Indian stock markets tumbled sharply with the Sensex falling 800 points and nearly 4 lakh crore wiped out in a single session. Here are the 6 key factors, including rupee weakness and global cues, behind the crash.
Foreign investors pulled out Rs 21,000 crore (around $2.3 billion) from Indian equities over the last four trading sessions amid deteriorating global risk sentiment triggered by the West Asia crisis.
The Karnataka Assembly has passed two significant bills aimed at social reform and heritage preservation: the Karnataka Freedom of Choice in Marriage and Prevention and Prohibition of Crimes in the name of Honour and Tradition Bill, 2026, and the Karnataka Jnana Bhandar Manuscripts and Digitisation Bill, 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.
State-run oil-marketing companies (OMCs) are unlikely to significantly raise petrol and diesel prices despite crude oil nearing $100 a barrel, leading to potential margin pressure, while CLSA analysts project a 65 per cent upside for ONGC's stock.
The Karnataka Assembly has passed two significant bills aimed at social reform and heritage preservation: the Karnataka Prohibition of Crimes in the Name of Unity, Freedom, Dignity and Tradition in Marriage Bill, 2026, and the Karnataka Jnana Bhandar Manuscripts and Digitisation Act, 2026.
Retiring at 50 is not unrealistic. It simply requires: Discipline + Long-Term Vision + Compounding
India's economy is projected to maintain growth above 7 per cent in 2026-27 (FY27), supported by strong domestic consumption and investment, even as global growth faces risks from geopolitical tensions, according to industry body Assocham.
A committee investigating the sale of government land in Pune to a company co-owned by Parth Pawar has found that officials from revenue, stamp, and registration departments facilitated the illegal transaction.
A look at the burgeoning partnership between Yashasvi Jaiswal and Vaibhav Sooryavanshi in the IPL, highlighting their contrasting styles and potential for future success.
Indian equity markets experienced a significant downturn, with the Sensex and Nifty plummeting due to rising crude oil prices, geopolitical tensions in West Asia, and continuous foreign fund outflows.
The rupee appreciated 53 paise to close at 89.67 against the US dollar on Friday, supported by corporate dollar inflows and easing crude oil prices. Forex traders said a positive trend in domestic equities and Brent crude oil prices hovering near $59 per barrel supported the domestic unit at lower levels.
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.
The Maharashtra government has taken steps to combat the rise in investment-related cybercrimes, including arrests, enhanced cybersecurity measures, and public awareness campaigns.
To meet liquidity pressure because of advance tax outflows this month, the Reserve Bank of India (RBI) has adopted a measured approach with its latest announcement of open-market operations (OMOs), worth Rs 1 trillion.
Police in Chhattisgarh's Raigarh district have uncovered illegal opium cultivation in a village, marking the fifth such instance in the past 18 days. Two individuals have been arrested in connection with the illegal activity, which was discovered through drone surveillance.
Economic Advisory Council to the Prime Minister (EAC-PM) member Sanjeev Sanyal on Thursday said he is not concerned about the rupee at all, arguing that even China and Japan witnessed exchange rate weaknesses during their high growth phases.
India's net oil import bill could rise by $56 billion to $64 billion annually assuming global crude averages $110 to $115 per barrel in FY27.
Two individuals have been arrested in Bengaluru for allegedly attempting to bribe Odisha Congress MLAs, who are staying at a resort, as part of what Karnataka's Deputy Chief Minister D K Shivakumar claims is the BJP's 'Operation Lotus'.
Asian Development Bank (ADB) on Friday warned that India's limited crude oil reserves of about 100 million barrels - sufficient for only 40-45 days of consumption - leave the country particularly vulnerable to supply disruptions through the Strait of Hormuz amid the ongoing war in West Asia.
Private bus operators in Sri Lanka warn of potential service disruptions and a nationwide strike due to significant fuel price increases, impacting public transport and raising concerns about inflation.
A hospital in Thane, India, has been found operating an unauthorised IVF centre, leading to its closure and a city-wide inspection of all IVF and sonography facilities.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances