News for 'USD'

Drones To Drive India's Logistics And Clean Tech Growth

Drones To Drive India's Logistics And Clean Tech Growth

Rediff.com15 Jun 2026

A new study predicts a 55 per cent surge in drone deployment across India's logistics and clean tech sectors over the next three years, driven by rapid digitalisation and the need for faster, more sustainable solutions. The Indian logistics market is projected to nearly double to USD 428.7 billion by 2033, highlighting a significant transformation in these key industries.

Nandan Nilekani On How AI Will Amplify IT Firms

Nandan Nilekani On How AI Will Amplify IT Firms

Rediff.com23 Jun 2026

Infosys co-founder Nandan Nilekani stated that artificial intelligence will amplify, not replace, IT firms, projecting a massive USD 400 billion AI-first services opportunity by 2030. Addressing shareholders, he highlighted Infosys's readiness to help clients navigate enterprise AI complexities and capitalise on the structural shift in technology.

E20 petrol safe, no engine failure reported, Gadkari tells Parliament

E20 petrol safe, no engine failure reported, Gadkari tells Parliament

Rediff.com30 Jul 2026

The Indian government has defended its E20 ethanol blending programme, stating that extensive testing and field experience show no evidence of abnormal engine wear, corrosion, or reduced vehicle life, despite a potential 2-6% reduction in fuel economy.

Sensex Jumps 444 Points as Indian Markets Rebound After Two-Day Decline

Sensex Jumps 444 Points as Indian Markets Rebound After Two-Day Decline

Rediff.com1 Jul 2026

Indian benchmark indices, Sensex and Nifty, bounced back significantly after two days of losses, with the Sensex climbing 443.97 points to settle at 76,922.64, driven by positive global market trends and a drop in crude oil prices.

Ram Temple donation scam accused's wife gets notice over illegal building

Ram Temple donation scam accused's wife gets notice over illegal building

Rediff.com2 Jul 2026

The Ayodhya Development Authority has issued a notice to the wife of a Ram temple donation theft accused for alleged unauthorised construction, as police intensify their investigation into the embezzlement case. Recoveries of cash, gold, silver, and a "Ramrajya Kosh" donation box have been made, and eight people have been arrested.

'The last ride': Trump takes final flight on old Air Force One

'The last ride': Trump takes final flight on old Air Force One

Rediff.com19 Jun 2026

The iconic Boeing 747-200B, which served as Air Force One for 35 years, completes its final presidential flight, marking a significant transition for US presidential air travel.

How Cricket Coaching Can Be Reshaped Through AI

How Cricket Coaching Can Be Reshaped Through AI

Rediff.com26 Jun 2026

Advanced Impactor. an AI-powered platform, aims to modernise cricket coaching with real-time performance analytics.

Spark Shines: Indian Trackmania Star Secures Esports World Cup Berth

Spark Shines: Indian Trackmania Star Secures Esports World Cup Berth

Rediff.com19 Jun 2026

Kunal Upreti, known as Spark, has become India's sole Trackmania representative at the Esports World Cup 2026 after excelling in the Asia and Oceania qualifiers. He will compete for a significant prize pool, representing both India and S8UL on the global stage.

Generative AI Set To Add Billions To Indian Real Estate Sector

Generative AI Set To Add Billions To Indian Real Estate Sector

Rediff.com18 Jun 2026

A new report by EY-Parthenon and CREDAI indicates that Generative AI (GenAI) could inject USD 14-17 billion into India's real estate economy over the next seven years. The technology is expected to significantly enhance operational efficiency, boost sales velocity by 30-50 per cent, and accelerate product launches, offering competitive differentiation and improved customer experiences for developers.

How India's VALORANT Team Qualified For Esports Nations Cup

How India's VALORANT Team Qualified For Esports Nations Cup

Rediff.com30 Jun 2026

India's VALORANT esports team has successfully qualified for the Esports Nations Cup (ENC) 2026 main event in Riyadh, emerging as one of two teams from the Asia regional qualifiers. The team, led by Sagnik Roy, overcame tough competition, including a crucial victory against Hong Kong, to secure their spot in the global tournament featuring a USD 1.5 million prize pool.

Indian Markets Rally for Second Day, Sensex Jumps Over 800 Points

Indian Markets Rally for Second Day, Sensex Jumps Over 800 Points

Rediff.com10 Jul 2026

Indian benchmark indices Sensex and Nifty continued their upward trend for a second consecutive day, with the Sensex gaining over 800 points, driven by strong performances from heavyweights like Reliance Industries, ICICI Bank, and HDFC Bank, alongside positive cues from easing crude oil prices and robust IT sector earnings.

Stock markets today: Sensex, Nifty climb on buying in blue-chips

Stock markets today: Sensex, Nifty climb on buying in blue-chips

Rediff.com10 Jun 2026

Indian benchmark indices Sensex and Nifty climbed in early trade, driven by buying in blue-chip stocks like Reliance Industries and ICICI Bank, alongside a notable cooling in crude oil prices.

Jio Platforms set for mega IPO of 27 crore equity shares; eyes 5G, AI expansion

Jio Platforms set for mega IPO of 27 crore equity shares; eyes 5G, AI expansion

Rediff.com19 Jun 2026

Jio Platforms Ltd, the digital and telecommunications arm of Reliance Industries, has approved filing draft papers for an initial public offering (IPO) involving a fresh issue of up to 27 crore equity shares, aiming to unlock value for shareholders and fuel its ambitious expansion into 5G, AI, and global markets.

Stock markets today: Sensex, Nifty surge as Brent crude drops below $73

Stock markets today: Sensex, Nifty surge as Brent crude drops below $73

Rediff.com25 Jun 2026

Indian benchmark indices Sensex and Nifty rallied in early trade, driven by a significant decline in Brent crude oil prices, which fell below the USD 73 per barrel level, and positive trends observed across most Asian equities.

Stock markets today: Sensex, Nifty climb as foreign funds return, crude oil stabilises

Stock markets today: Sensex, Nifty climb as foreign funds return, crude oil stabilises

Rediff.com7 Jul 2026

Indian benchmark indices Sensex and Nifty advanced in early trade, driven by renewed foreign fund inflows and a significant drop in crude oil prices to pre-war levels, signalling an uptrend in the market. Track Sensex, Nifty on July 7, 2026.

Punjab cop shifted as FBI probes transnational extortion racket

Punjab cop shifted as FBI probes transnational extortion racket

Rediff.com9 Jul 2026

A Station House Officer (SHO) in Hoshiarpur, Punjab, has been shifted to Police Lines following a fact-finding inquiry initiated by Punjab Police. This action comes after news reports linked the officer to an extortion-related investigation by the US Federal Bureau of Investigation (FBI) under "Operation Hard Ball," targeting India-based organised crime syndicates. The US indictment alleges the officer's involvement in a $400,000 extortion scheme using false murder charges, drawing significant political criticism.

Macro, AI, Geopolitical Overhang to Drag Q1 Showing of IT Cos: Motilal Oswal

Macro, AI, Geopolitical Overhang to Drag Q1 Showing of IT Cos: Motilal Oswal

Rediff.com1 Jul 2026

Indian IT services firms are expected to report a soft Q1 FY27 performance due to a challenging macro environment, the impact of AI, and geopolitical uncertainties, leading to reduced discretionary spending and slower decision-making cycles, according to Motilal Oswal Financial Services.

Textile Recycling Market in India to Reach USD 3.5 Billion by 2030

Textile Recycling Market in India to Reach USD 3.5 Billion by 2030

Rediff.com10 Mar 2026

A new report indicates that India's textile recycling market is projected to reach USD 3.5 billion by 2030, potentially creating one lakh green jobs. The report highlights the current state of textile waste management and opportunities for circularity in the Indian textile industry.

How India Is Becoming A Global Leader In Enterprise AI Adoption

How India Is Becoming A Global Leader In Enterprise AI Adoption

Rediff.com12 Jun 2026

A SAP study reveals that Indian enterprises are rapidly moving from AI experimentation to value-driven implementation, positioning India as a global leader in enterprise AI adoption. Indian organisations plan significant investments in AI, with projected fivefold growth in Agentic AI returns and a high percentage of businesses having defined AI strategies and dedicated AI leaders.

Indian Shuttlers Ready For Japan Open Challenge

Indian Shuttlers Ready For Japan Open Challenge

Rediff.com13 Jul 2026

India's top badminton players, including the men's doubles pair Satwiksairaj Rankireddy and Chirag Shetty, singles stars Lakshya Sen, P V Sindhu, and rising talent Ayush Shetty, are set to compete at the USD 950,000 Japan Open Super 750 tournament. The event marks a crucial stage for many Indian shuttlers to make significant runs on the BWF World Tour.

US Payment Giant Zelle Expands To India

US Payment Giant Zelle Expands To India

Rediff.com12 Jun 2026

Zelle, a major US peer-to-peer payment service, is set to launch in India by the end of this year, marking its first international expansion. The move aims to tap into India's large remittance market, offering a service similar to UPI but integrated with bank apps. Zelle also introduced ZelleUSD, a stablecoin for future global payment capabilities.

Stock markets today: Sensex, Nifty rally as bank stocks surge, crude oil prices dip

Stock markets today: Sensex, Nifty rally as bank stocks surge, crude oil prices dip

Rediff.com6 Jul 2026

Indian benchmark equity indices, Sensex and Nifty, saw early gains driven by strong buying in blue-chip bank stocks, fresh foreign fund inflows, and a decline in global crude oil prices, boosting investor confidence.

Mumbai Airport Security Foils Attempt To Smuggle Rs 1.39 Crore In US Dollars

Mumbai Airport Security Foils Attempt To Smuggle Rs 1.39 Crore In US Dollars

Rediff.com4 Jun 2026

CISF personnel apprehended a man from Chad at Mumbai airport for carrying USD 145,000 (worth Rs 1.39 crore) in his baggage. He was scheduled to fly to N'Djamena via Addis Ababa and has been handed over to Customs for further investigation.

Rupee slumps 69 paise to all-time low of 92.18/USD

Rupee slumps 69 paise to all-time low of 92.18/USD

Rediff.com4 Mar 2026

Rupee slumped 69 paise to an all-time low of 92.18 against the US dollar in early trade on Wednesday, as a sharp spike in crude oil prices amid geopolitical tensions following the escalation of the US-Iran conflict weighed on investor sentiment.

Indian Markets Rebound as Sensex Climbs 238 Points, Nifty Up 80

Indian Markets Rebound as Sensex Climbs 238 Points, Nifty Up 80

Rediff.com9 Jul 2026

Indian benchmark indices, Sensex and Nifty, staged a moderate rebound after a significant correction in the previous session, driven by foreign fund inflows and a largely positive trend in global markets, though geopolitical tensions between the US and Iran continued to foster caution.

India, US 'Very Close' to Historic Trade Deal

India, US 'Very Close' to Historic Trade Deal

Rediff.com24 Jun 2026

The United States and India are on the verge of finalising a landmark bilateral trade deal, aiming to boost trade to USD 500 billion by 2030, according to US Deputy Assistant Secretary of State Bethany Poulos Morrison. The agreement seeks to open India's 1.4 billion-strong market to American goods on reciprocal terms, with ongoing high-level discussions to recalibrate the pact after recent changes in US tariff policy.

Why India Is Central To Rockwell Automation's Global Growth Plans

Why India Is Central To Rockwell Automation's Global Growth Plans

Rediff.com15 Jul 2026

Rockwell Automation's CEO Blake Moret highlights India as the centrepiece of the company's Asian growth strategy, detailing its four-decade presence, significant employee base, and support for the 'Make in India' initiative. The company sees major opportunities in pharmaceuticals, automotive, food and beverage, and consumer products, with AI playing a crucial role in simplifying industrial automation and boosting productivity for Indian manufacturers, including MSMEs.

Bank Stocks and Lower Oil Prices Fuel Sensex, Nifty Rally

Bank Stocks and Lower Oil Prices Fuel Sensex, Nifty Rally

Rediff.com6 Jul 2026

Indian benchmark indices Sensex and Nifty extended their winning streak to a fourth consecutive day, driven by strong buying in blue-chip bank stocks and a decline in global crude oil prices. Fresh foreign fund inflows also contributed to the optimistic sentiment in the domestic equity market.

Mahadev betting app founder Sourabh Chandrakar detained in Oman

Mahadev betting app founder Sourabh Chandrakar detained in Oman

Rediff.com8 Jul 2026

Sourabh Chandrakar, the absconding founder of the Mahadev betting app, has been detained in Oman based on an Interpol Red Notice. Indian agencies are now working to extradite or deport him. The ED's investigation into the syndicate has revealed alleged proceeds of crime worth Rs 6,000 crore and links to high-ranking politicians and bureaucrats.

Crude oil, global cues, TCS earnings to steer Indian stock market this week

Crude oil, global cues, TCS earnings to steer Indian stock market this week

Rediff.com5 Jul 2026

The Indian stock market's trajectory this week will be significantly influenced by crude oil prices, global market trends, and the commencement of the corporate earnings season, with IT major TCS set to announce its June-quarter results on July 9.

Pakistan Table Tennis Players Asked To Fund Asian Games Trip

Pakistan Table Tennis Players Asked To Fund Asian Games Trip

Rediff.com14 Jun 2026

Pakistan's top table tennis players are dismayed after the national federation asked them to arrange their own funds for participating in the upcoming Asian Games in Japan, citing a lack of grants from the Pakistan Sports Board.

Indian Golfers Eye Big Prize At Morocco's IGPL Bharath Classic

Indian Golfers Eye Big Prize At Morocco's IGPL Bharath Classic

Rediff.com3 Jun 2026

Gaganjeet Bhullar leads a strong contingent of Indian golfers, including Pukhraj Gill and Karandeep Kochhar, at the USD 500,000 IGPL Bharath Classic in Morocco, where a win offers a full card to the main Tour and opportunities for the International Series.

How Pramaana Labs Is Building Accountable AI With $27 Million Funding

How Pramaana Labs Is Building Accountable AI With $27 Million Funding

Rediff.com17 Jun 2026

AI firm Pramaana Labs, with a significant Indian workforce, has successfully raised $27 million in seed funding led by Khosla Ventures. The company aims to use these funds to advance its unique technology that converts complex knowledge into machine-verifiable truth, addressing the accountability gap in AI across regulated sectors like tax, healthcare, and financial compliance.

Kochhar's Strong Finish Propels Him Up Asian Tour Rankings

Kochhar's Strong Finish Propels Him Up Asian Tour Rankings

Rediff.com8 Jun 2026

Indian golfer Karandeep Kochhar secured his third Top-10 finish of the season at the USD 500,000 Am Green IGPL Bharath Classic in Morocco, rising to 12th on the Asian Tour Order of Merit. He finished tied 9th with a bogey-free final round.

Top Golfers Hovland And Fox Join DP World India Championship

Top Golfers Hovland And Fox Join DP World India Championship

Rediff.com9 Jun 2026

PGA Tour winners Viktor Hovland and Ryan Fox are confirmed to participate in the second DP World India Championship at the Delhi Golf Club from October 15-18. They will join other European Ryder Cup stars like Tommy Fleetwood, Rory McIlroy, and Justin Rose in the USD four million event, which is a key part of the Race to Dubai.

Magicpin's AI Assistant Vera Aims To Double Merchant Base To 1 Million By 2026

Magicpin's AI Assistant Vera Aims To Double Merchant Base To 1 Million By 2026

Rediff.com14 Jun 2026

Food delivery and e-commerce platform magicpin aims to expand its AI assistant, Vera's, merchant base to over 1 million by the end of 2026. Launched three months ago, Vera already supports over 5 lakh merchants by providing real-time order insights and has facilitated over 50 lakh interactions across various business verticals. The company has invested USD 1 million in its AI stack and plans further enhancements to Vera's capabilities.

Anupam Rasayan Pioneers ETFA Production With Innovative Chemistry Platform

Anupam Rasayan Pioneers ETFA Production With Innovative Chemistry Platform

Rediff.com12 Jun 2026

Specialty chemicals maker Anupam Rasayan India Ltd has become the first company globally to commercialise Ethyl trifluoroacetate (ETFA) production using its proprietary continuous flow chemistry platform. This innovative technology offers significant advantages over traditional methods, and ETFA is a crucial component for pharmaceuticals, life sciences, and performance materials, with a global market estimated at USD 500-600 million.

Indian Equities Decline for Second Day, IT Sector Drags Market

Indian Equities Decline for Second Day, IT Sector Drags Market

Rediff.com30 Jun 2026

Indian benchmark stock indices, Sensex and Nifty, declined for a second consecutive day, primarily due to selling pressure in IT, oil & gas, and select banking shares. Concerns over the US-Iran negotiations and a sluggish monsoon further dampened market sentiment.

West Asia Conflict Caused Sri Lankan Rupee's Fall, Says Government

West Asia Conflict Caused Sri Lankan Rupee's Fall, Says Government

Rediff.com22 May 2026

The Sri Lankan government attributes the sharp depreciation of the rupee against the US dollar to the ongoing conflict in West Asia, citing increased costs for essential imports like gas, fertiliser, and oil.

Jodie Foster Believes Brad Pitt's 'F1' Was Made With Artificial Intelligence

Jodie Foster Believes Brad Pitt's 'F1' Was Made With Artificial Intelligence

Rediff.com3 Jul 2026

Hollywood veteran Jodie Foster has controversially suggested that Brad Pitt's recent film "F1" was created using Artificial Intelligence, citing its formulaic structure and dialogue. She discussed the growing influence of AI in the film industry, acknowledging its potential to replace jobs but also its utility if filmmakers can control the technology.