News for 'Rupee'

US-Iran Conflict, Crude Oil Price to Dictate Dalal Street Trends

US-Iran Conflict, Crude Oil Price to Dictate Dalal Street Trends

Rediff.com17 May 2026

Analysts predict that the ongoing US-Iran conflict, fluctuations in crude oil prices, and foreign institutional investor (FII) flows will be the primary factors influencing Dalal Street this week, with inflation concerns adding to investor anxiety.

US-Iran Negotiations, Crude Oil Prices to Dictate Indian Stock Market Trends

US-Iran Negotiations, Crude Oil Prices to Dictate Indian Stock Market Trends

Rediff.com24 May 2026

Indian stock markets are set to be influenced by developments in US-Iran negotiations, crude oil prices, and foreign investor activity in the upcoming holiday-shortened week, according to market analysts.

How India plans to counter external risks facing its economy

How India plans to counter external risks facing its economy

Rediff.com1 days ago

The Indian government is set to accelerate reforms, including measures to enhance foreign direct investment, speed up divestment, and boost asset monetisation, to maintain economic growth despite rising fuel and fertiliser import costs driven by the West Asia crisis.

Pakistani Hockey Players' Dues Unpaid, Allowance Slashed

Pakistani Hockey Players' Dues Unpaid, Allowance Slashed

Rediff.com22 May 2026

Pakistani hockey players are facing financial difficulties as they await pending dues from the Pakistan Hockey Federation (PHF). Their daily training camp allowance has also been reduced ahead of the FIH World Cup.

Sri Lanka Care Home Fire: 12 Dead, Owner Remanded

Sri Lanka Care Home Fire: 12 Dead, Owner Remanded

Rediff.com6 days ago

A devastating fire at an unregistered elderly care home in Sri Lanka's Kalutara district has claimed the lives of 12 residents and injured seven others. The owner has been arrested and remanded, with reports indicating the facility operated illegally and some mentally challenged residents were found chained.

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.

Trinamool Congress Councillor Arrested For Extortion In Kolkata

Trinamool Congress Councillor Arrested For Extortion In Kolkata

Rediff.com2 Jun 2026

A Trinamool Congress councillor of the Kolkata Municipal Corporation was arrested on Tuesday on charges of extortion, cheating, and allegedly collecting kickbacks from beneficiaries of various projects.

Despite Q4 Loss, Analysts See Strong Future for IndiGo

Despite Q4 Loss, Analysts See Strong Future for IndiGo

Rediff.com2 Jun 2026

Despite reporting a weaker-than-expected net loss of Rs 2,536 crore for Q4FY26, largely due to a significant non-cash forex loss, analysts remain optimistic about IndiGo's long-term prospects, citing strong demand trends, a favourable pricing outlook, and strategic cost-control measures.

Kerala's PM SHRI Scheme: LDF Accuses UDF Of Misinformation And Double Standards

Kerala's PM SHRI Scheme: LDF Accuses UDF Of Misinformation And Double Standards

Rediff.com2 days ago

Senior CPI(M) leader V Sivankutty has criticised the Kerala UDF government for allegedly spreading misinformation about the Centre's PM SHRI scheme and attempting to implement it despite earlier opposition. He clarified that the previous LDF government froze the agreement over concerns about the National Education Policy and that funds received were not for PM SHRI. The scheme continues to be a politically contentious issue in the state.

No Stopping For Retail Investors In Equity Markets

No Stopping For Retail Investors In Equity Markets

Rediff.com5 days ago

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

Gold extends gains to Rs 1.65 lakh/10g; silver rebounds Rs 5,000

Gold extends gains to Rs 1.65 lakh/10g; silver rebounds Rs 5,000

Rediff.com21 May 2026

Gold prices in the national capital surged by Rs 600 to Rs 1.65 lakh per 10 grams, extending gains for the third consecutive day, while silver rebounded by Rs 5,000 to Rs 2.71 lakh per kilogram, driven by geopolitical tensions and inflation concerns.

Born with a diamond spoon: Lalit Modi defends luxury life

Born with a diamond spoon: Lalit Modi defends luxury life

Rediff.com6 days ago

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.

Grand Venice Mall Owner Arrested In Money Laundering Case

Grand Venice Mall Owner Arrested In Money Laundering Case

Rediff.com30 May 2026

The Enforcement Directorate has arrested the promoter of a Noida-based realty company in a money laundering case linked to alleged duping of home buyers.

Rupee set for worst year since FY14, hits fresh low of 93.72 per dollar

Rupee set for worst year since FY14, hits fresh low of 93.72 per dollar

Rediff.com21 Mar 2026

The rupee plunged to a fresh low of 93.72 against the dollar on Friday, falling 1.15 per cent in a single session - its sharpest one-day decline since February 24, 2022 - as elevated crude oil prices and strong dollar demand from oil-marketing companies and foreign portfolio investors (FPIs) weighed on the currency.

Rupee hits record intra-day low in early trade, falls 12 paise/USD

Rupee hits record intra-day low in early trade, falls 12 paise/USD

Rediff.com13 Mar 2026

The Indian rupee fell to a record low against the US dollar due to rising crude oil prices, foreign institutional investor selling, and weak domestic equity market sentiment.

Gold drops to Rs 1.64 lakh/10g as Iran talks temper market anxiety

Gold drops to Rs 1.64 lakh/10g as Iran talks temper market anxiety

Rediff.com22 May 2026

Gold prices in the national capital fell by Rs 600 to Rs 1.64 lakh per 10 grams, influenced by tentative progress in US-Iran negotiations, which reduced demand for precious metals. However, unresolved tensions surrounding the Strait of Hormuz continue to keep traders cautious.

India Is Now A Reverse Goldilocks Economy

India Is Now A Reverse Goldilocks Economy

Rediff.com18 May 2026

India emerged reasonably well from 2025. But now, the oil shock and war-related supply disruptions have again driven funds out of India and significantly weakened the rupee, points out Ajay Chhibber.

Govt Eyes Steps To Contain CAD

Govt Eyes Steps To Contain CAD

Rediff.com22 May 2026

'The situation globally is quite challenging, but we have the confidence and courage of conviction that we will come out winners even in this challenging time.'

Market Meltdown: Investors' Wealth Plunges by Rs 16.77 Lakh Crore in Four Sessions

Market Meltdown: Investors' Wealth Plunges by Rs 16.77 Lakh Crore in Four Sessions

Rediff.com12 May 2026

Indian investors have seen their wealth erode by a staggering Rs 16.77 lakh crore over four trading sessions, as the markets faced deep losses driven by elevated crude oil prices, geopolitical tensions, persistent foreign fund outflows, and a record-low rupee.

RBI, Govt Unveil Measures to Attract Up to $50 Billion in Foreign Capital

RBI, Govt Unveil Measures to Attract Up to $50 Billion in Foreign Capital

Rediff.com4 days ago

The Reserve Bank of India (RBI) and the central government have introduced a package of measures, including tax exemptions for FPIs on government securities and a concessional foreign-exchange swap facility, aiming to attract up to $50 billion in foreign capital. This initiative is designed to strengthen India's balance of payments and potentially cover the projected BoP gap for FY27.

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.

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.'

Stock Markets Edge Higher, IT Sector Shines Amid Volatility

Stock Markets Edge Higher, IT Sector Shines Amid Volatility

Rediff.com18 May 2026

Indian benchmark indices, Sensex and Nifty, closed marginally higher after a volatile trading session, driven by value buying in IT and select blue-chip counters, despite global crude price hikes and a weak rupee.

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.

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.

Another Arrest Made In Haryana Government Embezzlement Case

Another Arrest Made In Haryana Government Embezzlement Case

Rediff.com1 Jun 2026

The Enforcement Directorate (ED) has arrested a real estate businessman in connection with the alleged embezzlement of Rs 645 crore from bank accounts linked to the Haryana government, Chandigarh administration, and private schools.

Rupee falls 18 paise to close at 91.82 against US dollar

Rupee falls 18 paise to close at 91.82 against US dollar

Rediff.com7 Mar 2026

The Indian rupee weakened against the US dollar due to rising crude oil prices, geopolitical tensions in the Middle East, and foreign fund outflows.

Stock Markets Plunge as West Asia Tensions, High Oil Price Fuel Sell-Off

Stock Markets Plunge as West Asia Tensions, High Oil Price Fuel Sell-Off

Rediff.com12 May 2026

Indian equity benchmark indices, Sensex and Nifty, tumbled nearly 2 per cent for the fourth consecutive session, driven by elevated crude oil prices, escalating US-Iran tensions, unabated foreign fund outflows, and a depreciating rupee.

Stock Markets Plunge as West Asia Tensions, High Oil Price Fuel Sell-Off

Stock Markets Plunge as West Asia Tensions, High Oil Price Fuel Sell-Off

Rediff.com12 May 2026

Indian equity benchmark indices, Sensex and Nifty, tumbled nearly 2 per cent for the fourth consecutive session, driven by elevated crude oil prices, escalating US-Iran tensions, unabated foreign fund outflows, and a depreciating rupee.

India Inc Battles Rising Gulf War Costs

India Inc Battles Rising Gulf War Costs

Rediff.com1 days ago

Companies are already diversifying sourcing, raising prices, and reworking operating models as the disruption drags on.

Sensex, Nifty rebound; RIL leads gains

Sensex, Nifty rebound; RIL leads gains

Rediff.com20 May 2026

Indian benchmark equity indices, Sensex and Nifty, rebounded on Wednesday, recovering intraday losses, primarily driven by strong fag-end buying and a significant rally in blue-chip Reliance Industries.

Court allows CBI to arrest Reliance Group executive in bank loan case

Court allows CBI to arrest Reliance Group executive in bank loan case

Rediff.com2 Jun 2026

A Mumbai court has granted the CBI permission to arrest Amitabh Jhunjhunwala, a former senior executive at Reliance Group, in connection with a case involving the alleged misuse of bank loans. Jhunjhunwala was already in judicial custody in Delhi for a related money laundering case.

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

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

Rediff.com5 days ago

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.

Chhattisgarh Liquor Scam: ED Attaches Assets Worth Over Rs 1,000 Crore

Chhattisgarh Liquor Scam: ED Attaches Assets Worth Over Rs 1,000 Crore

Rediff.com1 Jun 2026

The Enforcement Directorate has attached properties worth over Rs 1,000 crore as part of its investigation into the alleged Chhattisgarh liquor scam, filing a fresh complaint against four additional accused.

'We Treat Retirement Like A Distant Destination'

'We Treat Retirement Like A Distant Destination'

Rediff.com5 days ago

If you have ever said 'I'll sort retirement later,' now is when 'later' begins.

'Oil Is Not The Problem. The Bigger Problem Is Gold'

'Oil Is Not The Problem. The Bigger Problem Is Gold'

Rediff.com18 May 2026

'Every year we import approximately $70 billion worth of gold -- closer to $72 billion in 2025-2026, an all-time record.' 'There is no parallel for this anywhere in the world. And this love for gold will not disappear overnight.'

Why Is ED Investigating Illegal Sand Mining In West Bengal?

Why Is ED Investigating Illegal Sand Mining In West Bengal?

Rediff.com20 May 2026

The Enforcement Directorate (ED) questioned IAS officer Ansar Shaikh regarding alleged illegal sand mining and trafficking from riverbeds in West Bengal's Jhargram district and adjoining areas.

RBI likely to maintain repo rate at 5.25% through FY27, says India Ratings

RBI likely to maintain repo rate at 5.25% through FY27, says India Ratings

Rediff.com20 May 2026

India Ratings and Research predicts the Reserve Bank of India (RBI) will maintain the repo rate at 5.25 per cent throughout FY27, despite potential inflationary pressures from higher fuel prices, with inflation expected to remain within the central bank's tolerance band.

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.

Trinamool Congress Accuses Centre Of Cheating Citizens

Trinamool Congress Accuses Centre Of Cheating Citizens

Rediff.com15 May 2026

The Trinamool Congress has launched a sharp attack on the Narendra Modi government over rising fuel prices, economic concerns, and exam irregularities, accusing the Centre of betraying citizens.