News for 'USD'

US cop who struck and killed Indian student with patrol car fired

US cop who struck and killed Indian student with patrol car fired

Rediff.com7 Jan 2025

The development comes months after another Seattle police officer Daniel Auderer was fired following his insensitive comments and laughter after Kandula's death.

Pak train hijack: 13 Baloch rebels killed, 80 passengers rescued

Pak train hijack: 13 Baloch rebels killed, 80 passengers rescued

Rediff.com12 Mar 2025

Insurgents opened fire on a passenger train in Pakistan's Balochistan province, injuring the driver and prompting security guards aboard the train to fire back. The attack occurred in the Bolan district on the Jaffar Express from Quetta to Peshawar. The train was stopped by armed men in Tunnel No 8, and efforts are being made to contact the passengers and staff. The Balochistan government has ordered emergency measures and all institutions remain active.

F-35, Rana extradition: Big takeaways from Modi-Trump meet

F-35, Rana extradition: Big takeaways from Modi-Trump meet

Rediff.com14 Feb 2025

During the talks, India and the US decided to take a big leap in broad-basing their strategic ties in several critical areas.

Ready to step down for peace, NATO membership: Zelenskyy

Ready to step down for peace, NATO membership: Zelenskyy

Rediff.com23 Feb 2025

Kyiv School of Economics President Tymofiy Mylovanov shared a video of Zelenskyy responding to a question from BBC News in Ukrainian. Zelenskyy stated that he is focused on Ukraine's security today and not staying in power for decades.

Pak train hijack: 21 passengers, 4 soldiers killed; all hostages freed

Pak train hijack: 21 passengers, 4 soldiers killed; all hostages freed

Rediff.com12 Mar 2025

At least 27 terrorists were killed and 155 passengers rescued by the security forces after Baloch militants hijacked a passenger train in a tunnel in Pakistan's restive Balochistan province on Tuesday, security officials said.

Never discuss such individual issues: Modi on Adani issue

Never discuss such individual issues: Modi on Adani issue

Rediff.com14 Feb 2025

In November last year, an indictment was unsealed in the United States District Court for the Eastern District of New York, charging prominent Indian executives, including Chairman of the Adani Group, Gautam Adani, by linking them to an alleged bribery scheme.

Gukesh at Freestyle Grand Slam: A new chess frontier

Gukesh at Freestyle Grand Slam: A new chess frontier

Rediff.com7 Feb 2025

World Champion D Gukesh began his campaign at the Freestyle Chess Grand Slam tour with a mixed bag of results, including three draws and a lone loss, signaling that he is adapting to the new format.

India to grow by 6.3-6.8% in FY26: Eonomic Survey

India to grow by 6.3-6.8% in FY26: Eonomic Survey

Rediff.com31 Jan 2025

India's economy is projected to grow between 6.3 per cent and 6.8 per cent in FY26, according to the Economic Survey 2024-25, tabled in Parliament on Friday. The survey highlights that the country's economic fundamentals remain strong, supported by a stable external account, fiscal consolidation, and private consumption. It noted that the government plans to strengthen long-term industrial growth by focusing on research and development (R&D), micro, small, and medium enterprises (MSMEs), and capital goods.

RBI may cut interest rate by 25 bps on Feb 7

RBI may cut interest rate by 25 bps on Feb 7

Rediff.com3 Feb 2025

The RBI is likely to reduce the key interest rate by 25 basis points this week after keeping it on hold for two years, complementing the Union Budget initiatives to push consumption-led demand, though the sliding rupee continues to be a concern. As the retail inflation has remained within the Reserve Bank's comfort zone (less than 6 per cent) for most of the year, the central bank can take rate action to boost growth hit by sluggish consumption, opined experts.

How To Travel Money Smart In 2025

How To Travel Money Smart In 2025

Rediff.com29 Jan 2025

Travel is about making memories, experiencing the unknown, and engaging in new experiences -- not worrying about fluctuating exchange rates or hidden expenditures. With a little planning and a proactive approach to handling your foreign exchange, you can reduce financial stress and enjoy your trip, suggests Pavan Kavad.

Tennis: Alcaraz, Shapovalov reign

Tennis: Alcaraz, Shapovalov reign

Rediff.com10 Feb 2025

Teichmann wins singles, Anshba-Pridankina claim doubles at Mumbai Open

Stand by Adani report, closure not due to threats, says Hindenburg founder

Stand by Adani report, closure not due to threats, says Hindenburg founder

Rediff.com4 Feb 2025

Activist short-seller Nathan Anderson, known for his high-profile campaigns against the likes of Adani Group, said he is closing his firm, Hindenburg Research, not because of any threat -- legal or otherwise -- and that he stands by all its reports.

Big pay day! BCCI could earn USD 1.15 billion in revenue share

Big pay day! BCCI could earn USD 1.15 billion in revenue share

Rediff.com10 May 2023

BCCI could earn USD 1.15 billion in revenue share from the ICC during the next five-year cycle.

Navy gets replacement for Sea Guardian drone after crash in Sep

Navy gets replacement for Sea Guardian drone after crash in Sep

Rediff.com2 Feb 2025

The Indian Navy has received a replacement MQ-9B Sea Guardian drone from General Atomics after one of its leased drones crashed into the Bay of Bengal in September 2023. The new drone replaces the one lost in a "controlled ditching" due to a technical snag. The Indian Navy has also leased two MQ-9B drones from General Atomics in 2020, and India has signed a deal to procure 31 Predator drones from General Atomics for USD 4 billion. The supply of these drones will begin in January 2029. The Navy is also pushing for another indigenously-built aircraft carrier to replace INS Vikramaditya, which is expected to have a lifespan of another 10 years.

LAC row: 'You still have 50,000 troops facing each other'

LAC row: 'You still have 50,000 troops facing each other'

Rediff.com29 Jan 2025

Foreign policy expert C Raja Mohan has said that the recent disengagement of troops with China in eastern Ladakh has given a small opening to India, but the "big issues" remain. He also stressed the importance of strengthening India's ties with the US for technological and economic growth.

Trump admin freezes $50 mn fund for condoms in Gaza

Trump admin freezes $50 mn fund for condoms in Gaza

Rediff.com29 Jan 2025

DOGE Leader Elon Musk said, "My guess is that a lot of that money ended up in the pockets Hamas, not actually condoms.

Retail inflation slows to 5-month low of 4.3% in Jan

Retail inflation slows to 5-month low of 4.3% in Jan

Rediff.com12 Feb 2025

Continuing the downward trend, retail inflation fell to a five-month low of 4.31 per cent in January, mainly due to a decline in the prices of vegetables, eggs, and pulses. The Consumer Price Index-based retail inflation was 5.22 per cent in December and 5.1 per cent in January 2024. The previous low inflation was in August 2024 at 3.65 per cent.

King Cup International: Lakshya Sen loses in semis

King Cup International: Lakshya Sen loses in semis

Rediff.com28 Dec 2024

Lakshya Sen couldn't overcome the relentless Hu, losing 19-21, 19-21 in a thrilling contest.

Rupee depreciation may push import bill by $15 bn: GTRI

Rupee depreciation may push import bill by $15 bn: GTRI

Rediff.com26 Dec 2024

The depreciation of Indian rupee against the US dollar is expected to push the country's import bill by about $15 billion, think tank GTRI said on Thursday. Compared to December last year, the Indian Rupee (INR) has depreciated 2.34 per cent against the US dollar, moving from Rs 83.25 to Rs 85.20, while the Chinese Yuan has weakened by 0.06 per cent, the Global Trade Research Initiative (GTRI) said.

Adani, nephew not charged with bribes in US: Group

Adani, nephew not charged with bribes in US: Group

Rediff.com27 Nov 2024

Billionaire Gautam Adani and his nephew Sagar Adani have not been charged with any violations of the US Foreign Corrupt Practices Act (FCPA) in the indictment filed by US authorities in a court in a bribery case, the Adani Group said on Wednesday.

Countries should be mindful of...: Jaishankar on Gaza war

Countries should be mindful of...: Jaishankar on Gaza war

Rediff.com5 Dec 2024

When asked the reason for India's abstention from a resolution in the UN General Assembly on October 27, 2023, regarding the protection of civilians and upholding legal and humanitarian obligations, Jaishankar said there were many resolutions in the UN General Assembly and in some India abstained and in some, it voted in favour.

'Let that sink in': Musk posts 'White House' picture

'Let that sink in': Musk posts 'White House' picture

Rediff.com6 Nov 2024

In a post on the microblogging platform X, Elon Musk shared his photograph along with former US President Donald Trump.

Can Sat-Chi break India's title drought at India Open?

Can Sat-Chi break India's title drought at India Open?

Rediff.com13 Jan 2025

Despite the name, Indian success at the tournament hasn't been particularly regular with none from the host nation winning any title in the past two editions.

Jeopardizing...: 6 US lawmakers write to AG against Adani indictment

Jeopardizing...: 6 US lawmakers write to AG against Adani indictment

Rediff.com11 Feb 2025

Six US Congressmen have written to the Attorney General of the United States expressing concerns over the Department of Justice's indictment of the Adani Group, alleging it jeopardizes relations with India. The letter, signed by Lance Gooden, Pat Fallon, Mike Haridopolos, Brandon Gill, William R Timmmons, and Brian Babin, criticizes the Biden administration's decision to pursue the case, arguing that it has no real injury to US interests and could negatively impact the strategic partnership between the US and India. The Congressmen call for an investigation into the DOJ's conduct and request records pertaining to the case.

UK's richest 10% took half of wealth from India during colonialism

UK's richest 10% took half of wealth from India during colonialism

Rediff.com20 Jan 2025

The United Kingdom extracted USD 64.82 trillion from India over a century of colonialism between 1765 and 1900 and USD 33.8 trillion of this went to the richest 10 per cent -- enough money to carpet London in notes of 50 British pound almost four times over.

Adani raises Rs 4,850 cr from sale of 13.5% stake in Adani Wilmar

Adani raises Rs 4,850 cr from sale of 13.5% stake in Adani Wilmar

Rediff.com10 Jan 2025

Adani Group on Friday raised Rs 4,850 crore from the sale of 13.5 per cent of its stake in Fortune oil maker Adani Wilmar as part of a strategy to exit non-core activities to focus on main infrastructure business. The conglomerate, which last month announced its exit from Adani Wilmar by selling the bulk of its stake to a joint venture partner, had on Thursday announced sale of 17.54 crore shares (13.50 per cent equity) in the company on January 10 (to non-retail investors) and on January 13 (to retail investors) at a floor or minimum price of Rs 275 apiece.

Survey outlines how India will benefit from AI

Survey outlines how India will benefit from AI

Rediff.com31 Jan 2025

India's demographic advantage and diverse economic landscape position it uniquely to benefit from AI, the Economic Survey for 2024-25 tabled in the Parliament on Friday afternoon asserted. However, achieving these benefits requires significant investments in education and workforce skilling, supported by enabling, insuring, and stewarding institutions, the state of the economy report tabled by Finance Minister Nirmala Sitharaman said.

Every attack makes us stronger: Adani speaks up for first time

Every attack makes us stronger: Adani speaks up for first time

Rediff.com1 Dec 2024

"Less than two week back, we faced a set of allegations from the US about compliance practices. This is not the first time we have faced such challenges. What I can tell you is that every attack makes us stronger," he said addressing the 51st Gems and Jewellery Award in Jaipur.

Relief to Adani? Trump pauses foreign bribery law

Relief to Adani? Trump pauses foreign bribery law

Rediff.com11 Feb 2025

Trump signed an order to pause enforcing of the 1977 Foreign Corrupt Practices Act (FCPA) that prohibits American companies and foreign firms from bribing officials of foreign governments to obtain or retain business.

Working hours to increase from 70 or 90 hrs per week? Govt says...

Working hours to increase from 70 or 90 hrs per week? Govt says...

Rediff.com3 Feb 2025

The take by the Economic Survey 2024-25 on work hour week had come weeks after Larsen & Toubro Ltd Chairman and Managing Director SN Subrahmanyan sparked off a raging debate on social media when he said employees should work 90-hour a week, including on Sundays rather than sit at home.

US court upholds $5mn sexual abuse verdict against Trump

US court upholds $5mn sexual abuse verdict against Trump

Rediff.com31 Dec 2024

Writer E Jean Carroll had alleged that Trump 'raped' her in the Bergdorf Goodman department store in 1996. He later denied her claim, defamed her by saying she wasn't his type, and suggested she fabricated the story to boost sales of her book.

Is foreign exchange rate stability desirable? Not really

Is foreign exchange rate stability desirable? Not really

Rediff.com21 Jan 2025

The recent depreciation of the rupee along with sharp fall in the country's foreign exchange (FX) reserves has sparked a debate whether stability of the exchange rate is necessary and desirable. The rupee was one of the least volatile currencies among peers for almost two years before the current downward pressure started in September after the US Federal Reserve lowered interest rate.

Budget 2025: What is costlier, what is cheaper

Budget 2025: What is costlier, what is cheaper

Rediff.com2 Feb 2025

Here is a list of items set to become cheaper and costlier.

Lalit Modi calls 'The Hundred' a financial flop

Lalit Modi calls 'The Hundred' a financial flop

Rediff.com27 Sep 2024

The England and Wales Cricket Board (ECB)'s financial projections on the prof itability of its pet project 'The Hundred' is largely "disconnected from reality" reckoned Lalit Modi, who conceptualised the vastly successful Indian Premier League (IPL) in 2008.

Samsung to manufacture Galaxy S25 smartphone at Noida plant

Samsung to manufacture Galaxy S25 smartphone at Noida plant

Rediff.com23 Jan 2025

South Korean consumer electronics major Samsung, which on Wednesday launched its latest smartphone Galaxy S25 in San Jose, US, will also be manufacturing it at its Noida plant in India, J B Park, president & CEO of Samsung Southwest Asia, said. Moreover, the Bengaluru-based R&D centre of Samsung, the biggest outside South Korea, has "contributed significantly" for developing the S25 series of Galaxy AI.

Ratan Tata admitted to hospital, says no cause for concern

Ratan Tata admitted to hospital, says no cause for concern

Rediff.com7 Oct 2024

Ratan Naval Tata, a prominent industrialist, philanthropist, and former Chairman of Tata Sons, has been admitted to the intensive care unit (ICU) at Breach Candy Hospital in Mumbai, reports Mid-Day newspaper.

Young shuttlers Ruthvika-Rohan dream big

Young shuttlers Ruthvika-Rohan dream big

Rediff.com27 Jan 2025

The duo is aiming for top-30 ranking and continued success in bigger tournaments.

Budget: Why exporters are seeking Rs 750 cr from Sitharaman

Budget: Why exporters are seeking Rs 750 cr from Sitharaman

Rediff.com26 Dec 2024

Exporters on Thursday sought a fund of Rs 750 crore for three years to tap USD 25 billion export potential in the US, aiming to seize potential opportunities that may arise as the US President-elect, Donald Trump, has threatened to impose high tariffs on Chinese goods. In its pre-Budget meeting with the finance ministry, Federation of Indian Export Organisations (FIEO) President Ashwani Kumar has also demanded extension of the five per cent Interest Equalisation Scheme (IES).

Haryana engineer held on digital arrest for 6 days, duped of Rs 3.46 lakh

Haryana engineer held on digital arrest for 6 days, duped of Rs 3.46 lakh

Rediff.com21 Dec 2024

A mechanical engineer in Faridabad was held 'digitally' hostage for six days by cyber fraudsters who duped him of Rs 3.46 lakh. The fraudsters forced him to lock himself in a room and monitored his activities through his mobile camera. They convinced him that he was involved in a drug smuggling operation and threatened him with legal action. The victim eventually realized the scam when the fraudsters forgot to switch off their mics and started talking to each other. Police have registered an FIR and are investigating the matter.

179 killed as South Korean plane crashes on runway; 2 rescued

179 killed as South Korean plane crashes on runway; 2 rescued

Rediff.com29 Dec 2024

After a passenger jet with 181 people on board burst into flames after veering off the runway and colliding with a wall at an airport in South Korea's Muan County on Sunday, authorities believe all but two onboard are feared to have been killed, Yonhap News Agency reported.