News for 'Rupee'

ACB grills Sisodia for 3 hrs in Rs 2,000-cr school scam case

ACB grills Sisodia for 3 hrs in Rs 2,000-cr school scam case

Rediff.com20 Jun 2025

Former Delhi deputy chief minister Manish Sisodia was on Friday questioned for over three hours by the Anti-Corruption Branch (ACB) in an alleged graft case related to the construction of classrooms in government schools here, officials said.

Lilavati Trust says no dues owed to HDFC Bank

Lilavati Trust says no dues owed to HDFC Bank

Rediff.com10 Jun 2025

Launching a fresh attack on HDFC Bank MD and CEO Sashidhar Jagdishan, Lilavati Kirtilal Mehta Medical Trust (LKMM Trust) on Monday said the trust or its permanent trustee Prashant Kishor Mehta has no outstanding dues to the private bank. It has never borrowed a single rupee from the bank nor they are connected to the borrowing company (Splendour Gems Ltd) in question whatsoever, LKMM said in a statement.

Study Abroad Without Falling Into A Debt Trap

Study Abroad Without Falling Into A Debt Trap

Rediff.com20 May 2025

By choosing your study destination carefully, leveraging government schemes, comparing loan options, and adopting frugal living practices, Indian students can acquire global credentials without mortgaging their futures.

Multiple Bank FDs: More Harm Than Good

Multiple Bank FDs: More Harm Than Good

Rediff.com30 Jun 2025

So, the next time someone tempts you with a slightly higher FD rate from a lesser-known bank, point them to hybrid funds that can deliver extra returns without the administrative and emotional rollercoaster.

How Iran-Israel conflict affects India's overseas trade

How Iran-Israel conflict affects India's overseas trade

Rediff.com20 Jun 2025

The commerce ministry on Friday held consultations with key stakeholders, including shipping lines, exporters, container firms, and other departments, to assess the impact of the Iran-Israel conflict on India's overseas trade, an official said. The meeting was chaired by Commerce Secretary Sunil Barthwal.

When Indira Gandhi donated Rs 90,000 for JP's treatment

When Indira Gandhi donated Rs 90,000 for JP's treatment

Rediff.com25 Jun 2025

In a little-known episode from the Emergency era, former prime minister Indira Gandhi quietly donated a significant sum of Rs 90,000 for treatment of her fiercest critic, Jayaprakash Narayan, the leader of the nationwide anti-Emergency movement.

2 Must-Have Insurance Covers For Gen Z

2 Must-Have Insurance Covers For Gen Z

Rediff.com3 Jul 2025

Kunal Varma, CEO, Freo, explains what Hospicash and Day Care Insurance covers are and how they help manage financial and mental stress.

'A Key Driver Of INR Strength Appears To Be The RBI'

'A Key Driver Of INR Strength Appears To Be The RBI'

Rediff.com29 Mar 2025

'I don't see 88 per dollar now.'

Home Deal: 'Fair Or Has My Builder Cheated Me?'

Home Deal: 'Fair Or Has My Builder Cheated Me?'

Rediff.com24 Jun 2025

rediffGURU Jinal Mehta answers readers' financial planning and health insurance queries

Kerala police book owner, crew of sunken MSC Elsa 3 for rash navigation

Kerala police book owner, crew of sunken MSC Elsa 3 for rash navigation

Rediff.com11 Jun 2025

It further said that the owners, master and crew of the vessel handled the ship in a negligent manner despite being aware of the dangerous cargo it was carrying.

PSL to clash with IPL again! PCB eyes bigger viewership

PSL to clash with IPL again! PCB eyes bigger viewership

Rediff.com11 Jun 2025

The Pakistan Super League (PSL) next year is set to clash with the high-profile Indian Super League as the Pakistan Cricket Board (PCB) is mulling to hold the event in the same window as the IPL.

'Illegal Gambling Sites Are National Security Threat'

'Illegal Gambling Sites Are National Security Threat'

Rediff.com2 Jun 2025

'Illegal gambling operators are systematically exploiting India's advertising and payment infrastructure, siphoning off crores of rupees from outside the country.'

'Biggest Problem Industrialists Face Is From Politicians'

'Biggest Problem Industrialists Face Is From Politicians'

Rediff.com7 Jul 2025

'If you don't fulfil whatever they ask, you are in trouble.'

Pak hikes defence budget amid tension with India

Pak hikes defence budget amid tension with India

Rediff.com11 Jun 2025

Pakistan on Tuesday increased its defence budget by 20 per cent, allocating PRs. 2,550 billion ($9 billion) for the fiscal year 2025-26, amid tensions with India.

Why Go To China? Nepal's Got Its Own Great Wall

Why Go To China? Nepal's Got Its Own Great Wall

Rediff.com4 Jun 2025

Nestled among 108 scenic hillocks, the 500 metre Mini Great Wall in Shailung, Nepal offers breathtaking views and a peaceful escape at 3,200 metres above sea level.

'By hosting 2036 Olympics, India will make a statement'

'By hosting 2036 Olympics, India will make a statement'

Rediff.com17 Jun 2025

India's bid to host the 2036 Olympics is not merely an attempt to make a statement internationally but also a well thought out plan to create world-class infrastructure, said Minister of State for Sports Raksha Khadse.

'PCB's earning from Champions Trophy exceeds target'

'PCB's earning from Champions Trophy exceeds target'

Rediff.com8 Apr 2025

The Pakistan Cricket Board (PCB) has claimed to have earned three billion rupees by hosting the ICC Champions Trophy, exceeding its target of two billion rupees.

Illegal online betting growing fast in India

Illegal online betting growing fast in India

Rediff.com2 Jun 2025

Lacking basic safeguards and regulations, India is fast emerging as a hub for illegal online betting and gambling market, with the top 15 such unauthorised platforms logging an alarming over 5.4 billion visits in FY25, according to a report by public policy think-tank on consumer sovereignty.

Bajaj Auto's premium segment revival needs more than just a kickstart

Bajaj Auto's premium segment revival needs more than just a kickstart

Rediff.com9 Jun 2025

Bajaj Auto - the country's most valuable two-wheeler (2W) company by market capitalisation - met Street expectations in the January-March quarter (Q4) of 2024-25 (FY25) but still ended Friday as the worst performer on the Nifty 50, slipping 3.1 per cent.

'I'm Not A Chor'

'I'm Not A Chor'

Rediff.com7 Jun 2025

Breaking his silence after nine years, Vijay Mallya said he may return to India if assured a fair trial.

Nepal Cricket Scales New Heights With T20 League

Nepal Cricket Scales New Heights With T20 League

Rediff.com29 May 2025

Nepal takes game to new heights with T20 league

Anger over mom's mugging fuels Hasan Ali's comeback

Anger over mom's mugging fuels Hasan Ali's comeback

Rediff.com29 May 2025

In Mike Hesson's first assignment as Pakistan's new white-ball head coach, Hasan Ali grabbed a 5-30 and led a new-look Pakistan T20 cricket team to a thumping 37-run win over Bangladesh in the opening game of their three-match series.

FPIs continue to invest; inject Rs 14,167 cr in equities in May

FPIs continue to invest; inject Rs 14,167 cr in equities in May

Rediff.com11 May 2025

Foreign investors continue to show confidence in the country's equity market, infusing Rs 14,167 crore so far this month, largely driven by favourable global cues and robust domestic fundamentals. Notably, this inflow has come despite the ongoing military tensions between India and Pakistan.

Ranya Rao case: ED raids institutions linked to K'taka home minister

Ranya Rao case: ED raids institutions linked to K'taka home minister

Rediff.com21 May 2025

The Enforcement Directorate (ED) on Wednesday searched locations in Karnataka, including educational institutions linked to state Home Minister G Parameshwara, as part of a probe into alleged gold smuggling-linked money laundering case against Kannada actor Ranya Rao and others. The ED sources said an educational trust is suspected to have "diverted" funds and made a payment of Rs 40 lakh towards the credit card bill of Rao, allegedly on the instructions of an influential individual. The sources claimed the trust is linked to Parameshwara and the "influential" individual is a politically exposed person. The searches found there were no supporting vouchers or documentation to "substantiate" this payment (for credit card bill payment), they said.

Markets Choppy? Don't Worry. You Can Still Make Money

Markets Choppy? Don't Worry. You Can Still Make Money

Rediff.com30 Apr 2025

If you redeem your investments when prices have fallen sharply, you will be selling at low prices and may make a permanent loss. On the other hand, if you remain patient and remain invested, you give your investment the time to recover, says Dwaipayan Bose

RBI conducts $10 bn forex swap to inject liquidity

RBI conducts $10 bn forex swap to inject liquidity

Rediff.com1 Mar 2025

The Reserve Bank of India's (RBI's) $10 billion US dollar-rupee buy-sell swap auction for three years received bids worth $16.23 billion on Friday, reflecting robust demand amid persistent liquidity deficit in the banking system. This was the second swap auction by the central bank after it infused $5 billion via six month-swap on January 31.

Modi 3@1: Challenges, Opportunities Ahead

Modi 3@1: Challenges, Opportunities Ahead

Rediff.com9 Jun 2025

There are challenges galore before him, and it is not going to be easy. In the next four years, he has to conjure a system that changes the optics about him and the BJP both nationally and internationally so that he can ride back on his own, claim the top slot, and not have to lean on a coalition, asserts Ramesh Menon as Modi 3.0 completes a year in power.

India bans 16 Pak YouTube channels, raps BBC for calling Pahalgam terrorists 'militants'

India bans 16 Pak YouTube channels, raps BBC for calling Pahalgam terrorists 'militants'

Rediff.com28 Apr 2025

The Indian government has blocked 16 Pakistani YouTube channels for allegedly disseminating provocative and communally sensitive content as well as false and misleading narratives against India, its Army and security agencies. The decision was taken following recommendations from the Ministry of Home Affairs in the wake of the April 22 terror attack at Jammu and Kashmir's Pahalgam in which 26 people, mostly tourists, were killed.

Bhutan: The Last Shangri-La

Bhutan: The Last Shangri-La

Rediff.com12 Jun 2025

The visitor returns not just with the jewel-like beauty of the country imprinted on the mind, the body rejuvenated by hot stone massages, but also with the captivating stories and myths that are built into every important structure -- whether a tourist magnet or an off-the-beaten track spot.

How To Be Debt Free!

How To Be Debt Free!

Rediff.com5 Jun 2025

Ask rediffGURU and PF and MF expert Janak Patel your mutual fund and personal finance-related questions.

Rupee Rebound Expected in April-June

Rupee Rebound Expected in April-June

Rediff.com2 Apr 2024

A potential risk to the rupee's appreciation trajectory lies in the event of a delay in the Federal Reserve's rate cut cycle, particularly if core inflation in the US remains elevated.

Forex kitty jumps sharpest in 2 yrs, rises to $653.96 bn

Forex kitty jumps sharpest in 2 yrs, rises to $653.96 bn

Rediff.com15 Mar 2025

In the sharpest jump in over two years, the country's foreign exchange reserves increased by $15.27 billion to $653.97 billion during the week ended March 7, the RBI has said. The overall reserves had dropped by $1.78 billion to $638.7 billion in the previous week.

Forex reserves swell $10.87 bn to $676.27 bn

Forex reserves swell $10.87 bn to $676.27 bn

Rediff.com11 Apr 2025

India's forex reserves jumped $10.87 billion to $676.27 billion during the week ended April 4, the Reserve Bank of India (RBI) said on Friday. The overall kitty had jumped $6.6 billion to $665.4 billion in the previous reporting week.

Global funds' asset under custody see second-worst plunge amid market rout

Global funds' asset under custody see second-worst plunge amid market rout

Rediff.com12 Mar 2025

Global fund managers witnessed one of their largest-ever declines in assets under custody (AUC) during the ongoing correction in the Indian markets, as stocks came under pressure from foreign outflows and the weakening rupee.

Beyond US, Canada, UK: Indian Students Now Prefer...

Beyond US, Canada, UK: Indian Students Now Prefer...

Rediff.com23 May 2025

Rediff reports on the reasons behind this dramatic shift.

Is this why govt sacked Subramanian as IMF exec director?

Is this why govt sacked Subramanian as IMF exec director?

Rediff.com6 May 2025

The Congress party in India has accused the government of "impropriety" in the sudden termination of KV Subramanian's position as India's executive director at the IMF, alleging it was linked to the Union Bank of India's purchase of two lakh copies of his book. The party also questioned the government's stance on Pakistan's request for a loan from the IMF.

7 Countries Where the Indian Rupee Scores!

7 Countries Where the Indian Rupee Scores!

Rediff.com7 Dec 2024

Here are 7 countries where Indian Rupee has a higher value, making them best destinations for Indian travelers looking for a budget-friendly trip

Forex kitty jumps $6.6 bn to $665.4 bn

Forex kitty jumps $6.6 bn to $665.4 bn

Rediff.com4 Apr 2025

India's forex kitty jumped $6.596 billion to $665.396 billion during the week ended March 28, the RBI said on Friday. In the previous reporting week, the overall reserves rose by $4.53 billion to $658.8 billion, the RBI said on Friday.

Pak nationals who overstay in India can face 3 yrs in jail, Rs 3L fine

Pak nationals who overstay in India can face 3 yrs in jail, Rs 3L fine

Rediff.com27 Apr 2025

According to the Immigration and Foreigners Act 2025, which came into effect on April 4, overstaying, violating visa conditions, or trespassing in restricted areas could lead to three years in jail and a fine of up to Rs 3 lakh.

Invest, Withdraw and Rest: How SIP with SWP Help You Win After Retirement?

Invest, Withdraw and Rest: How SIP with SWP Help You Win After Retirement?

Rediff.com12 May 2025

Systematic Investment Plan (SIP) and Systematic Withdrawal Plan (SWP) are very crucial. Here, we will help you understand how these tools can pave the way for a stress-free retirement.