News for 'Rupee'

Brokerage stocks tank over 18% as Budget hikes STT on commodity futures

Brokerage stocks tank over 18% as Budget hikes STT on commodity futures

Rediff.com1 Feb 2026

Shares of brokerage-related companies nosedived 18 per cent on Sunday after Finance Minister Nirmala Sitharaman proposed raising securities transaction tax on commodity futures to 0.05 per cent from 0.02 per cent in the Union Budget 2026-27.

Sensex slips below 82K amid widespread sell-off

Sensex slips below 82K amid widespread sell-off

Rediff.com23 Jan 2026

Market sentiment is likely to remain cautious as investors position themselves for the upcoming Union Budget and the US Fed's interest rate decision, where expectations are muted.

Blue-chips Reliance, ICICI Bank drag Sensex down by 324 points

Blue-chips Reliance, ICICI Bank drag Sensex down by 324 points

Rediff.com19 Jan 2026

ICICI Bank, Eternal, Titan, Adani Ports, Tata Consultancy Services and UltraTech Cement were also among the laggards. However, InterGlobe Aviation, Tech Mahindra, Hindustan Unilever and Bajaj Finance were among the gainers.

Forex reserves rise by $14 bn to $700 bn

Forex reserves rise by $14 bn to $700 bn

Rediff.com23 Jan 2026

India's foreign exchange reserves jumped by $14 billion to $701 billion during the week ended January 16, the Reserve Bank said on Friday. The overall reserves had increased by $392 million to $687 billion in the preceding week.

Budget At Economic Crossroads

Budget At Economic Crossroads

Rediff.com30 Jan 2026

'We believe the truth is in the middle, and that India is at an important crossroads.'

Value of CDs climbs to Rs 5.75 trn, rates cross 7% for marquee banks

Value of CDs climbs to Rs 5.75 trn, rates cross 7% for marquee banks

Rediff.com26 Jan 2026

Banks are depending more heavily on the market for certificates of deposit (CDs), whose worth climbed to a record Rs 5.75 trillion in the fortnight to January 15, owing to deposit tightness in the system.

Deposit Rate Cuts Tough For Banks As Govt Retains Small Savings Rates

Deposit Rate Cuts Tough For Banks As Govt Retains Small Savings Rates

Rediff.com14 Jan 2026

'The government's decision to keep interest rates unchanged on small savings schemes will certainly constrain banks' ability to cut deposit rates further.'

'Beggar' picked up from Indore street owns 3 houses, car, autos

'Beggar' picked up from Indore street owns 3 houses, car, autos

Rediff.com19 Jan 2026

An anti-beggary drive in Indore, India, uncovered a leprosy-afflicted man who reportedly owns property worth several lakh rupees, including houses, a car, and autorickshaws, and earns interest by lending money.

FPIs Pull Out $3bn From Indian Stocks

FPIs Pull Out $3bn From Indian Stocks

Rediff.com29 Jan 2026

Foreign investors have remained cautious ahead of the Union Budget amid expectations of limited policy changes.

'I Don't Want To Let Down The Economy...'

'I Don't Want To Let Down The Economy...'

Rediff.com9 Feb 2026

'This Budget has a one-year agenda, which you can call the sprint, and the marathon is towards Viksit Bharat.'

Watch for Portfolio Overlap Before Adding Funds

Watch for Portfolio Overlap Before Adding Funds

Rediff.com2 Feb 2026

Overlap refers to the same stocks appearing across fund portfolios.

BJP MP displays artificial legs in RS, appeals to Opposition

BJP MP displays artificial legs in RS, appeals to Opposition

Rediff.com2 Feb 2026

BJP MP C Sadanandan Master addressed the Rajya Sabha, appealing for unity and highlighting the government's achievements while raising concerns about migration in Kerala.

No targeted price level for rupee vs dollar, says RBI

No targeted price level for rupee vs dollar, says RBI

Rediff.com17 Oct 2025

The Reserve Bank of India (RBI) does not target any price level on the rupee, Governor Sanjay Malhotra reiterated at an International Monetary Fund and World Bank event on Wednesday.

Why Gill Carried Rs 3 Lakh Water Purifier For Indore ODI

Why Gill Carried Rs 3 Lakh Water Purifier For Indore ODI

Rediff.com18 Jan 2026

Shubman Gill's move was a result of a deadly water contamination outbreak in Indore, which has resulted in 15 deaths in Bhagirathpura area.

Rupee undervalued as compared to peers

Rupee undervalued as compared to peers

Rediff.com26 Sep 2025

The rupee is undervalued as compared to its peers, shows the latest data from the Reserve Bank of India (RBI), even as the local currency keeps hitting new lows.

Duped of Rs 4 cr in land deal, U'khand farmer shoots himself dead

Duped of Rs 4 cr in land deal, U'khand farmer shoots himself dead

Rediff.com11 Jan 2026

A farmer in Uttarakhand allegedly committed suicide after being defrauded of Rs 4 crore in a fake land deal. He posted a video online before his death, naming the accused. The Congress party has criticized the BJP government over the incident.

What's Choking India's Capital Markets

What's Choking India's Capital Markets

Rediff.com2 Feb 2026

'Large firms and their interests can dominate the narrative, even as smaller stakeholders and retail investors struggle to be heard.' 'Regulators therefore require deep subject-matter expertise to assess representations, recognise underlying incentives, incorporate the perspectives of less-visible stakeholders, and guard against bias or capture,' notes Ananth Narayan.

BSE Sensex tops other assets classes by a hefty margin in 40 years

BSE Sensex tops other assets classes by a hefty margin in 40 years

Rediff.com9 Jan 2026

The BSE Sensex has been one of the top-performing areas of investment in the past 40 years, consistently delivering double-digit returns in rupee terms, beating assets such as global equities, precious metals, and fixed income.

Q3FY26 results preview: IT companies' growth likely to remain muted

Q3FY26 results preview: IT companies' growth likely to remain muted

Rediff.com12 Jan 2026

With discretionary spending still under pressure, the information technology (IT) services industry continued to face an uncertain demand environment in the third quarter of 2025-26 (Q3FY26).

When Votes Come With a Price Tag, Is It Still Democracy?

When Votes Come With a Price Tag, Is It Still Democracy?

Rediff.com28 Jan 2026

The Maharashtra municipal elections showed a troubling shift, where votes were traded for cash, convictions no longer mattered, and ideology became an afterthought, observes Ramesh Menon.

Budget 2026: What will Nirmala Sitharaman do?

Budget 2026: What will Nirmala Sitharaman do?

Rediff.com1 Feb 2026

Finance Minister Nirmala Sitharaman's biggest challenge will be to find a new growth driver, particularly against the backdrop of a global economy ravaged by heightened uncertainty and fragmentation, financial markets on a precipice, and global commodity prices on a continued uptrend.

Sensex tanks over 1,000 points, Nifty tumble over 1%

Sensex tanks over 1,000 points, Nifty tumble over 1%

Rediff.com20 Jan 2026

From the 30-Sensex firms, Eternal declined by 4.02 per cent, followed by Bajaj Finance (3.88 per cent), Sun Pharma, InterGlobe Aviation, Trent, Asian Paints, Mahindra & Mahindra and Bajaj Finserv. HDFC Bank emerged as the only gainer from the pack.

FPIs purchase Rs 7,524 crore of debt, highest single day in 7 months

FPIs purchase Rs 7,524 crore of debt, highest single day in 7 months

Rediff.com3 Jan 2026

The first day of the year 2026 was positive for the debt market with foreign investors buying a net domestic debt of Rs 7,524 crore, the highest single-day inflow since May 29 last year.

RBI announces slew of measures to promote rupee

RBI announces slew of measures to promote rupee

Rediff.com1 Oct 2025

In a bid to promote the use of domestic currency for cross-border settlements, the Reserve Bank on Wednesday announced a slew of measures, including allowing banks to lend in Indian Rupees to non-residents from Bhutan, Nepal and Sri Lanka for bilateral trade.

Why patience matters more than timing for multibagger stocks

Why patience matters more than timing for multibagger stocks

Rediff.com27 Jan 2026

When it comes to multibagger stocks, patience trumps market timing. Investors who stay invested in fundamentally strong stocks build wealth in the long term, and investors who wait for perfect entry points usually end up confused, late, or out of the market. Here, we will explore the role of patience in multibagger stock investments.

'Have Muslims Faced Problems In Maharashtra?'

'Have Muslims Faced Problems In Maharashtra?'

Rediff.com28 Jan 2026

'We have given riot-free Maharashtra in our 18-month rule.'

Thane air hostess ends life, former partner booked

Thane air hostess ends life, former partner booked

Rediff.com14 Jan 2026

A 21-year-old air hostess allegedly committed suicide in Thane, leading to an abetment case against her former partner. The investigation revealed financial exploitation and alleged threats.

Growth triggers missing in Dabur

Growth triggers missing in Dabur

Rediff.com14 Jan 2026

Dabur's business update for Q3FY26 indicated mid-single digit consolidated revenue growth. The guidance is that growth in operating and net profits will beat revenue growth. In the domestic business, home and personal care (HPC) revenue grew in double digits, while healthcare is likely to post a sequential growth in low-single digits.

Steel prices hiked again amid rising exports

Steel prices hiked again amid rising exports

Rediff.com19 Jan 2026

The imposition of safeguard duty, an uptick in exports, and an increase in input cost are driving steel prices higher. The latest round of price increase took place on Friday, with some steel mills increasing hot-rolled coil (HRC) prices by ~500-750 a tonne, according to price reporting and market intelligence firm BigMint. HRC is a benchmark for flat steel.

1.51 Trillion: What FPIs Sold This Year, Highest Ever!

1.51 Trillion: What FPIs Sold This Year, Highest Ever!

Rediff.com31 Dec 2025

Domestic mutual funds have infused the highest ever -- Rs 4.84 trillion -- this year amid strong inflows via SIPs.

Will Gold Price Cross 2 Lakhs In 2026?

Will Gold Price Cross 2 Lakhs In 2026?

Rediff.com23 Jan 2026

'A breakout above 158,000 to 160,000 could trigger the next leg higher toward 165,000 to 170,000.'

ED raids I-PAC office, director Pratik Jain's home

ED raids I-PAC office, director Pratik Jain's home

Rediff.com8 Jan 2026

The Enforcement Directorate conducted searches at the office of political consultancy firm I-PAC and the home of its director Pratik Jain in Kolkata as part of a money laundering probe into an alleged multi-crore rupee coal pilferage scam.

Modi raises Sabarimala gold theft in mega Kerala rally

Modi raises Sabarimala gold theft in mega Kerala rally

Rediff.com23 Jan 2026

Prime Minister Narendra Modi attacked the ruling Left and Congress in Kerala, raising the Sabarimala gold loss issue and accusing the Congress of aligning with hardline elements. He urged voters to choose the BJP for development and good governance.

Mary Kom Divorce Drama Turns Ugly

Mary Kom Divorce Drama Turns Ugly

Rediff.com13 Jan 2026

Mary Kom, and fellow Manipuri Onler were married for over two decades, and their divorce in 2023 shocked close family members and acquaintances.

Digital Rupee Faces Delay Over Banks' Tech Hurdles

Digital Rupee Faces Delay Over Banks' Tech Hurdles

Rediff.com21 Oct 2025

'There are no additional benefits for banks and market participants to use CBDC...'

IndiGo Q3 profit plunges 78%; ops disruptions, new labour code took a toll

IndiGo Q3 profit plunges 78%; ops disruptions, new labour code took a toll

Rediff.com22 Jan 2026

India's largest airline IndiGo on Thursday reported a 78 per cent decline in December quarter net profit at Rs 549.1 crore as flight disruptions and implementation of the new labour code took a toll on its earnings. The airline reported a net profit of Rs 549.1 crore in the October-December quarter, compared with Rs 2,448.8 crore earnings in the year-ago period, according to a company statement.

First-time luxury buyers power BMW to record sales

First-time luxury buyers power BMW to record sales

Rediff.com19 Jan 2026

The share of first-time luxury customers in BMW's portfolio has risen sharply -- from around 43 per cent in 2024 to nearly 49 per cent in 2025. In some models, the figure is even higher.

Mutual fund SIP inflows surge to Rs 3.34 lakh cr in 2025; contributions peaked in Dec

Mutual fund SIP inflows surge to Rs 3.34 lakh cr in 2025; contributions peaked in Dec

Rediff.com14 Jan 2026

Mutual fund investment through systematic investment plans (SIPs) has surged to an all-time high of Rs 3.34 lakh crore in 2025, driven by growing investor appetite for disciplined, long-term wealth creation.

How RBI Governor Fared In The First Year

How RBI Governor Fared In The First Year

Rediff.com29 Dec 2025

Sanjay Malhotra has made structural changes to banking regulation to bring down costs and increase efficiency. Plus, he kicked off a benign interest regime. But there are challenges ahead.

Strong domestic growth will attract foreign investments: RBI Governor

Strong domestic growth will attract foreign investments: RBI Governor

Rediff.com14 Jan 2026

Strong domestic growth will continue to draw foreign investment into the Indian economy, Reserve Bank of India (RBI) Governor Sanjay Malhotra said on Tuesday. He said this was reflected in recent free trade agreements and investment commitments by large technology companies.