Since mid-July, the RBI has taken steps to tighten cash conditions, which have failed to support the rupee but sent bond yields surging, posing a fresh threat to the already cooling economy.
A summary of sports events and sports persons, who made news on Frisday.
PHOTOS from day four of the Wimbledon championships at the All England Lawn Tennis and Croquet Club in London on Saturday
Konta first British woman in US Open last 16 since 1991
Portugal captain Cristiano Ronaldo struck his fifth international hat-trick, including a spectacular volleyed opener, to lead the European champions to a 5-1 win over the Faroe Islands in their World Cup qualifier on Thursday.
'Even with the restrictions of depositing more than Rs 2.5 lakh in a bank, people will find new methods to convert this cash hoard into legal tender.'
UEFA president Michel Platini hit out at FIFA chief Sepp Blatter on Friday, saying the Swiss has stopped serving the cause of football.
Croatian wunderkind Borna Coric offered emphatic proof of his potential when he crushed Rafael Nadal in the Swiss Indoor tournament on Friday before local hero Roger Federer cruised into the last four.
Lu Shanglei of China defeated Aleksander Indjic of Serbia and was crowned World junior chess champion at Hotel Hyatt, in Pune, on Sunday. In the girls' section, 16-year-old Alexandra Goryachkina successfully defended her title with a round to spare on Saturday.
Surging value of dollar may be posing the biggest threat to US corporate earnings.
The National Geographic Traveler magazine has released its go-now destinations for 2015. And apna Hyderabad is on it!
As results prove every week, nothing can be taken for granted in soccer and despite long odds, FIFA could next year have its first French president since Jules Rimet with Jerome Champagne planning to succeed Sepp Blatter.
'Making the railways better is a different type of a challenge.'
Nike Inc and some other big international companies face a grilling over their powerful role in Brazilian soccer.
Meet the men who shall face off against FIFA president Sepp Blatter
Cristiano Ronaldo renewed his personal battle with Lionel Messi by scoring his 71st Champions League goal, putting him three behind the Argentine's newly-set record, in Real Madrid's 1-0 win at FC Basel on Wednesday.
Vanita Kariappa's NGO Rangmanch uses performing arts as a method of building skills and values in children from low-income communities in the six to 16 year age group. This is her story.
Aseem Chhabra tell us how he watched 302 films in 365 days on airplanes, on Netflix, Amazon, iTunes, Google, Hulu, DVDs and even on YouTube.
It is always wonderful to discover a gem of film at an international film festival. It is even more exciting when that film is from India.
Away from the cricket field, it was a year in which Sania Mirza was unarguably the biggest success story with her staggering 10 titles on the Tour -- two of them Grand Slams.
Rafael Nadal is recovering satisfactorily from appendicitis and will continue a course of antibiotics in a bid to be fit for the remainder of the 2014 season, the World No 2's spokesman said on Thursday.
In an exclusive conversation with Rediff.com's Sonil Dedhia in Mumbai, Sania reveals what made her give up on singles, and why she is unsure about competing in the Rio Olympics. She also tries to reason why India's young girls are not following in her footsteps and trying to make a mark in tennis.
Amartya Sen and Jagadish Bhagwati publicly sparred last year on the direction of India's economic policy.
The Davis Cup will remain an annual tournament despite persistent complaints from some players that it over-burdens an already-crowded schedule, the head of the sport's governing body said on Tuesday.
Karim Benzema came off the bench to score 13 minutes from time and ruin any chance of a dream result for resilient Ludogorets as holders Real Madrid carved out a patchy 2-1 win in Wednesday's Champions League Group B match.
India's Leander Paes and Rohan Bopanna crashed out of the Japan Open following a straight set defeat against Ivan Dodig and Marcelo Melo, in Tokyo on Thursday.
Following badminton World No 1 Lee Chong Wei's provisional ban, Rediff.com brings you ten top sports persons who gave in to drugs - one of the mighty perils that has affected modern sporting culture.
'The partnership of Amit Shah and Narendra Modi has made their biggest mistake. They have been very successful for their party in the last two years, but this batting pair has made the biggest political mistake of their life so far, which is calling Kejriwal a chor. It will backfire on them.'
Indian economy about to take-off
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