News for 'US Treasury'

Rupee breaches 93/dollar for the first time, down 19 paise

Rupee breaches 93/dollar for the first time, down 19 paise

Rediff.com20 Mar 2026

The Indian rupee weakened to a record intra-day low against the US dollar due to a strengthening greenback, continuous foreign capital outflows, and elevated global crude oil prices amidst the West Asia conflict.

K V Thomas Predicts LDF Victory, Cites Congress Infighting

K V Thomas Predicts LDF Victory, Cites Congress Infighting

Rediff.com11 Apr 2026

K V Thomas, Kerala's Special Representative in New Delhi, forecasts a third term for the CPI(M)-led LDF government, attributing the UDF's potential failure to internal conflicts and criticising the BJP for introducing 'consumerism' into Kerala politics.

'Vijay's Economic Policies Are Ultra-Left, Like MamataDi's'

'Vijay's Economic Policies Are Ultra-Left, Like MamataDi's'

Rediff.com7 May 2026

'If you read the TVK manifesto, it is doles and much more doles. But the state has been habituated to this.' 'In no way is he distinct or different from the DMK regime.'

'Trump ka naya khel': Cong after 30-day waiver on Russian oil purchase

'Trump ka naya khel': Cong after 30-day waiver on Russian oil purchase

Rediff.com6 Mar 2026

The Congress has strongly criticised the US government's temporary waiver allowing India to purchase Russian oil, raising concerns about continued 'American blackmail' and its impact on India's energy policy.

China 'very happy' with Hormuz move, says Trump

China 'very happy' with Hormuz move, says Trump

Rediff.com15 Apr 2026

US President Donald Trump has claimed that China has committed to halting weapon supplies to Iran, following his personal diplomatic interventions with Chinese President Xi Jinping.

Mojtaba, Khamenei son, becomes Iran's new Supreme Leader

Mojtaba, Khamenei son, becomes Iran's new Supreme Leader

Rediff.com9 Mar 2026

Iranian state media reports that Ayatollah Ali Khamenei's son, Mojtaba Ali Khamenei, has been appointed as Iran's new Supreme Leader by the Assembly of Experts, a move criticised by US President Donald Trump.

FPIs withdraw Rs 21,000 cr in last four trading sessions amid West Asia conflict

FPIs withdraw Rs 21,000 cr in last four trading sessions amid West Asia conflict

Rediff.com8 Mar 2026

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.

Foreign investors dump Rs 88,180 cr in Mar; 2026 outflows cross Rs 1 lakh cr

Foreign investors dump Rs 88,180 cr in Mar; 2026 outflows cross Rs 1 lakh cr

Rediff.com22 Mar 2026

Foreign investors have withdrawn over Rs 88,000 crore from Indian equities this month, driven by geopolitical tensions, a weak rupee, and concerns about rising crude oil prices.

Attempt to change electoral map of India: Rahul on delimitation bill

Attempt to change electoral map of India: Rahul on delimitation bill

Rediff.com17 Apr 2026

Rahul Gandhi accuses the government of using the women's reservation bill as a smokescreen to manipulate India's electoral map and diminish representation for certain states.

US 'grants' India-like waiver to all countries to buy Russian oil

US 'grants' India-like waiver to all countries to buy Russian oil

Rediff.com13 Mar 2026

The Trump administration has announced a temporary authorisation for countries to purchase Russian oil stranded at sea, aiming to stabilise global energy markets amid rising oil prices and tensions with Iran.

Assembly elections 2026: Bengal sees 92% polling; TN sees record 85% turnout

Assembly elections 2026: Bengal sees 92% polling; TN sees record 85% turnout

Rediff.com24 Apr 2026

West Bengal and Tamil Nadu on Thursday saw a massive voter participation during the ongoing assembly elections, with turnout reaching 89.93 per cent and 82.24 per cent respectively by 5 pm, according to the Election Commission of India.

Malaika Arora Shimmers At A Wedding

Malaika Arora Shimmers At A Wedding

Rediff.com13 Mar 2026

There may have few guests at the wedding but Kritika Kamra and Gaurav Kapur threw open the doors for their reception, inviting a happy mix of film and cricket folk.

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.

'16 holds the answer': Rahul's cryptic swipe at BJP keeps Parl guessing

'16 holds the answer': Rahul's cryptic swipe at BJP keeps Parl guessing

Rediff.com17 Apr 2026

Congress leader Rahul Gandhi, who made "number 16" jibe at the treasury benches during his speech in Lok Sabha on Friday on three new bills, refused to elaborate on it in his brief interaction with reporters and said "it is a puzzle" and he "won't tell the answer just like that".

US lifts sanctions on Iranian oil at sea for a month amid crisis

US lifts sanctions on Iranian oil at sea for a month amid crisis

Rediff.com21 Mar 2026

The United States has temporarily lifted sanctions on the sale of Iranian oil already in transit to ease soaring global crude prices, making 140 million barrels available to the market.

Odisha Assembly Faces Disruption Over Law and Order Concerns

Odisha Assembly Faces Disruption Over Law and Order Concerns

Rediff.com11 Mar 2026

The Odisha Assembly was temporarily adjourned due to a heated exchange between the opposition BJD and the ruling BJP regarding the state's law and order situation, sparked by allegations of rising crime and attacks on public officials.

Russia refuses to disclose data on crude export to India

Russia refuses to disclose data on crude export to India

Rediff.com7 Mar 2026

The Kremlin has announced it will not disclose data on crude oil exports to India, citing concerns about 'ill-wishers'. This decision follows reports of increased Russian oil supplies to India and China amid geopolitical tensions.

Kerala Opposition Leader Criticises CM Vijayan's Choice of Words and Government Spending

Kerala Opposition Leader Criticises CM Vijayan's Choice of Words and Government Spending

Rediff.com24 Mar 2026

Kerala's Leader of Opposition, V.D. Satheesan, has criticised Chief Minister Pinarayi Vijayan and CPI(M) leaders for their language and government spending on advertising.

'Any leader appointed by Iran's clerics will be eliminated'

'Any leader appointed by Iran's clerics will be eliminated'

Rediff.com4 Mar 2026

Amid rising tensions, Israel's Defence Minister has issued a stark warning that any leader succeeding Iran's Supreme Leader Ali Khamenei will be considered a target, as reports suggest his son Mojtaba may be next in line.

Allies in India have been good actors: White House

Allies in India have been good actors: White House

Rediff.com11 Mar 2026

The US has temporarily permitted India to accept Russian oil already on ships to ensure energy supplies amid the conflict with Iran. This short-term measure is not expected to significantly benefit Russia financially.

Hormuz Blockade Is The New Battlefield

Hormuz Blockade Is The New Battlefield

Rediff.com16 Apr 2026

The clock on the ceasefire is running out. But everyone's already whispering about round two, possibly as soon as this weekend.

Opposition demands CBI investigation into alleged Jharkhand liquor scam

Opposition demands CBI investigation into alleged Jharkhand liquor scam

Rediff.com31 Mar 2026

The leader of the opposition in the Jharkhand Assembly has urged the Governor to direct the Anti-Corruption Bureau to file a charge sheet in connection with the alleged liquor scam and requested a CBI probe.

US Confirms Killing of Iranian Navy Chief Tangsiri in Israeli Strike

US Confirms Killing of Iranian Navy Chief Tangsiri in Israeli Strike

Rediff.com27 Mar 2026

Admiral Alireza Tangsiri was accused of leading efforts to disrupt maritime trade, including actions affecting the Strait of Hormuz.

Banking system liquidity surplus shrinks to Rs 16,875 cr, lowest since Jan 22

Banking system liquidity surplus shrinks to Rs 16,875 cr, lowest since Jan 22

Rediff.com22 Mar 2026

The net liquidity surplus in the banking system fell to Rs 16,875 crore on Thursday the latest data by the Reserve Bank of India (RBI) showed, lowest since 22 January.

Government Employee in Madhya Pradesh Nabbed for Alleged Bribery in School Toilet Repair Funds Case

Government Employee in Madhya Pradesh Nabbed for Alleged Bribery in School Toilet Repair Funds Case

Rediff.com18 Mar 2026

A government employee in Madhya Pradesh's Barwani district was arrested for allegedly accepting a bribe to release funds for the repair of a girls' toilet at a school.

Even If US, Iran Signed Deal Today, Hormuz Strait Won't...

Even If US, Iran Signed Deal Today, Hormuz Strait Won't...

Rediff.com23 Apr 2026

...reopen for up to six months. Until then, the Strait stays nearly closed. The world pays. And no one, including the man who started this, can say when it ends, notes Prem Panicker in his must read blog on the Iran War.

Ugly scenes could have taken place in Lok Sabha: Rijiju

Ugly scenes could have taken place in Lok Sabha: Rijiju

Rediff.com10 Feb 2026

Union Minister Kiren Rijiju criticizes the behavior of opposition MPs in the Lok Sabha, alleging disruptive conduct and disrespect towards the Prime Minister and the House's dignity.

Allowed 'friend' India to take oil already on ships: US

Allowed 'friend' India to take oil already on ships: US

Rediff.com7 Mar 2026

US Energy Secretary Chris Wright said that long-term oil supplies are 'abundant' and there are no worries regarding that, but in the short term, there is a need to get oil on the market.

West Asia War Pushes RBI into Growth-Inflation Dilemma

West Asia War Pushes RBI into Growth-Inflation Dilemma

Rediff.com6 Apr 2026

The Reserve Bank of India (RBI) Governor Sanjay Malhotra is now confronting the classic growth-inflation tradeoff, a situation exacerbated by the West Asia war, which threatens to end the 'goldilocks period' of low inflation and robust growth.

Kerala Elections 2026: Can An 80-Year-Old Marxist Score A Hat-Trick?

Kerala Elections 2026: Can An 80-Year-Old Marxist Score A Hat-Trick?

Rediff.com7 Apr 2026

Kerala's 2026 assembly election will see a three-cornered contest where religion and communalism have emerged as central themes for the first time, challenging the state's long-celebrated secular fabric.

Gold Reserves Drop Hit Forex Reserves

Gold Reserves Drop Hit Forex Reserves

Rediff.com28 Mar 2026

The contraction in total reserves was driven by a fall in gold reserves, which dropped $13.49 billion to $117.19 billion during the reported week.

'To ease pressure': Trump on Russian oil waiver to India

'To ease pressure': Trump on Russian oil waiver to India

Rediff.com8 Mar 2026

When asked about Bessent's announcement allowing certain Russian oil sales to India and whether the US is considering any other moves, including tapping the Strategic Petroleum Reserve (SPR), Trump said, "If there were some, I would do it just to take a little of the pressure off."

China Snaps Up Iran Oil, India Misses

China Snaps Up Iran Oil, India Misses

Rediff.com4 Apr 2026

Indian refiners have access to only limited Iranian volumes compared with Russian oil, and even the barrels on offer come with 'too many hassles'.

RBI takes measured steps on liquidity amid tax outflows

RBI takes measured steps on liquidity amid tax outflows

Rediff.com9 Mar 2026

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.

A War With No Exit Strategy, No Victory To Declare

A War With No Exit Strategy, No Victory To Declare

Rediff.com20 Apr 2026

Both sides have now revealed a preference for escalation over strategic defeat, and each new provocation narrows the space for the next pause. The Touska seizure, Iran's refusal to negotiate under blockade, Israel's strikes on Iranian oil infrastructure -- all of these add up to an increasingly untenable situation. This makes the wild card -- Trump and his motormouth -- more consequential than ever, notes Prem Panicker in his must read blog on the Iran War.

Himachal CM Orders Removal of Officials on 'Doubtful Integrity' List

Himachal CM Orders Removal of Officials on 'Doubtful Integrity' List

Rediff.com18 Mar 2026

Himachal Pradesh Chief Minister Sukhvinder Singh Sukhu has announced that all government officials listed in the Officers of Doubtful Integrity (ODI) will be removed from sensitive positions. The decision follows concerns raised in the state assembly regarding officials with questionable integrity holding key posts and receiving extensions.

Europe 'funding war against itself': Scott Bessent on India-EU FTA

Europe 'funding war against itself': Scott Bessent on India-EU FTA

Rediff.com27 Jan 2026

US Treasury Secretary Scott Bessent's remarks come ahead of a high-level summit where India and the European Union are expected to formally announce the conclusion of negotiations on a comprehensive free trade agreement.

Suspension of 8 Lok Sabha MPs revoked, Speaker says 'no more banners'

Suspension of 8 Lok Sabha MPs revoked, Speaker says 'no more banners'

Rediff.com17 Mar 2026

The Lok Sabha has revoked the suspension of eight opposition MPs after assurances of maintaining order and decorum in the House. The decision follows a period of disruption and debate over parliamentary conduct.

Govt's special session aims to influence Bengal, TN polls: Congress

Govt's special session aims to influence Bengal, TN polls: Congress

Rediff.com3 Apr 2026

The Congress party has accused the government of scheduling a 'special session' to pass bills related to women's quota and delimitation with the intention of gaining political advantage in the upcoming West Bengal and Tamil Nadu elections, calling it a violation of the model code of conduct.

India's energy security 'bartered' to US influence: Rahul Gandhi

India's energy security 'bartered' to US influence: Rahul Gandhi

Rediff.com12 Mar 2026

Rahul Gandhi accuses the government of compromising India's energy security by allowing the US to dictate oil supply relationships, raising concerns about the impact of global conflicts on India's energy access.