News for 'USD'

Vincent Keymer Clinches Super Chess Classic Title; Praggnanandhaa Finishes With Draw

Vincent Keymer Clinches Super Chess Classic Title; Praggnanandhaa Finishes With Draw

Rediff.com23 May 2026

Vincent Keymer secured the Super Chess Classic title with a victory over Jorden Van Foreest, while R Praggnanandhaa concluded his campaign with a draw against Anish Giri. Keymer's win earned him the top prize and boosted his chances for the Grand Chess Tour finals.

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.

IT Stocks Fuel Sensex Rebound, Snap Four-Day Losing Streak

IT Stocks Fuel Sensex Rebound, Snap Four-Day Losing Streak

Rediff.com1 days ago

Indian benchmark indices, the BSE Sensex and NSE Nifty, snapped a four-day losing streak, with the Sensex climbing 382 points, primarily driven by a strong rally in IT sector shares. Major IT firms like TCS, Infosys, and HCL Tech saw significant gains, contributing to the market's recovery.

Rupee surges 52 paise to close at 92.54/USD on US-Iran ceasefire

Rupee surges 52 paise to close at 92.54/USD on US-Iran ceasefire

Rediff.com8 Apr 2026

The Indian rupee saw a significant appreciation against the US dollar following President Trump's suspension of military strikes against Iran and the Reserve Bank of India's decision to maintain its key interest rate. Market sentiment was further buoyed by positive comments from the RBI regarding the health of the banking sector.

Mukesh Ambani draws nil salary for sixth consecutive year

Mukesh Ambani draws nil salary for sixth consecutive year

Rediff.com6 days ago

Mukesh Ambani, Asia's second richest man, has not drawn a salary from Reliance Industries for the sixth consecutive year, with dividends from his extensive shareholdings serving as his primary source of income.

Tanvi Patri Finishes Runner-Up At Austrian Open

Tanvi Patri Finishes Runner-Up At Austrian Open

Rediff.com24 May 2026

Young Indian shuttler Tanvi Patri finished as runner-up at the Austrian Open International Series, losing to Canada's Rachel Chan in the women's singles final. In mixed doubles, the Indian pair of Sathish Karunakaran and Zenith Abbigail also finished as runners-up.

Nvidia CEO Jensen Huang Calls Marvell A 'Trillion-Dollar Company'

Nvidia CEO Jensen Huang Calls Marvell A 'Trillion-Dollar Company'

Rediff.com17 hours ago

Nvidia CEO Jensen Huang has publicly endorsed Marvell Technology as a potential 'trillion-dollar company,' citing its crucial role in developing advanced connectivity solutions for next-generation artificial intelligence infrastructure. This endorsement, made at Computex 2026, follows a significant Nvidia investment in Marvell and highlights the industry's shift towards optical interconnects to meet the demands of large-scale AI systems.

Super Chess Classic: Praggnanandhaa Held To Draw; Firouzja Withdraws

Super Chess Classic: Praggnanandhaa Held To Draw; Firouzja Withdraws

Rediff.com21 May 2026

Indian Grandmaster R Praggnanandhaa drew with Deac Bogdan-Daniel, while Alireza Firouzja withdrew from the Super Chess Classic due to injury.

Salesforce To Create 'Digital Labour Platforms', Not Replace Humans

Salesforce To Create 'Digital Labour Platforms', Not Replace Humans

Rediff.com18 May 2026

Salesforce is concentrating on developing 'digital labour platforms' and using AI to augment human capabilities rather than replace them, according to a senior company official.

Gripen fighters escort Modi's plane on arrival in Sweden

Gripen fighters escort Modi's plane on arrival in Sweden

Rediff.com17 May 2026

Prime Minister Narendra Modi arrived in Sweden to hold talks on trade, technology, defence and other key sectors with his Swedish counterpart Ulf Kristersson.

RBI dismisses gold sale rumours, confirms physical reserves steady at 880.52 tonnes

RBI dismisses gold sale rumours, confirms physical reserves steady at 880.52 tonnes

Rediff.com17 hours ago

The Reserve Bank of India (RBI) has debunked reports of gold sales, stating that its physical stock of gold remains unchanged at 880.52 tonnes, countering claims of selling approximately USD 12 billion to protect foreign-currency reserves.

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.

US Calls For Openness, Security In AI Partnership With India

US Calls For Openness, Security In AI Partnership With India

Rediff.com9 May 2026

A senior US official has emphasised the importance of openness and security in the development of artificial intelligence between India and the US, urging both nations to avoid dependencies on adversarial countries.

Praggnanandhaa Held In Super Chess Classic; Title Race Intensifies

Praggnanandhaa Held In Super Chess Classic; Title Race Intensifies

Rediff.com23 May 2026

Indian Grandmaster R Praggnanandhaa drew with Maxime Vachier-Lagrave at the Super Chess Classic, while other matches intensified the title race. Fabiano Caruana and Vincent Keymer drew, and Javokhir Sindarov secured a victory. The final round promises high stakes with multiple players in contention for the title.

How AI Will Reshape The IT Services Industry, According To Coforge

How AI Will Reshape The IT Services Industry, According To Coforge

Rediff.com7 May 2026

Coforge believes that the rapid adoption of AI is disrupting the traditional labour model but also creating new high-margin opportunities in the IT services industry.

IPL's next TV deal could break all records again

IPL's next TV deal could break all records again

Rediff.com16 May 2026

Punjab Kings co-owner Mohit Burman anticipates a significant increase in the next IPL media rights cycle, potentially reaching 20-30 per cent, driven by recent high-value franchise acquisitions and the league's consistent engagement.

Modi to embark on six-day visit to UAE, Europe

Modi to embark on six-day visit to UAE, Europe

Rediff.com11 May 2026

Prime Minister Narendra Modi will visit the UAE, the Netherlands, Sweden, Norway and Italy to deepen India's bilateral ties amid geopolitical changes.

NIA Files Charges In Cambodia Trafficking, Cyber Slavery Case

NIA Files Charges In Cambodia Trafficking, Cyber Slavery Case

Rediff.com16 May 2026

The National Investigation Agency (NIA) has filed a chargesheet against five individuals, including the alleged mastermind, in connection with the trafficking and cyber slavery of Indian youths in Cambodia.

Pak gets 2nd tranche of $1bn loan from Saudi Arabia

Pak gets 2nd tranche of $1bn loan from Saudi Arabia

Rediff.com21 Apr 2026

Pakistan has received the second and final tranche of USD 1 billion from Saudi Arabia, completing a USD 3 billion aid package aimed at boosting its foreign reserves, the state bank said.

Former Shaolin Temple Abbot Jailed For Corruption: What It Means

Former Shaolin Temple Abbot Jailed For Corruption: What It Means

Rediff.com5 days ago

Shi Yongxin, the former head priest of China's Shaolin Temple, has been sentenced to 24 years in prison on graft charges, including embezzlement and bribery.

Stock markets today: Sensex, Nifty opens red on geopolitical tensions, FII outflows

Stock markets today: Sensex, Nifty opens red on geopolitical tensions, FII outflows

Rediff.com7 days ago

Indian benchmark indices Sensex and Nifty traded lower amid volatile trends, influenced by escalating geopolitical uncertainties in West Asia and fresh outflows from Foreign Institutional Investors (FIIs).

How AI Can Boost India's Economy By $500 Billion

How AI Can Boost India's Economy By $500 Billion

Rediff.com13 May 2026

A joint study by IBM and IndiaAI, a MeiTY initiative, indicates that Artificial Intelligence (AI) has the potential to contribute over USD 500 billion to India's economy by 2030. The report highlights the need for improved AI literacy, infrastructure, and data quality to fully realise this potential.

Modi embarks on five-nation tour; energy security, trade in focus

Modi embarks on five-nation tour; energy security, trade in focus

Rediff.com15 May 2026

Prime Minister Narendra Modi has begun a six-day tour of the UAE, the Netherlands, Sweden, Norway and Italy to strengthen bilateral relations amid geopolitical challenges. The trip will focus on energy security, trade, and technological cooperation.

Govt Imposes Windfall Tax of Rs3/ltr on Petrol Exports, Cuts Levy on Diesel, ATF

Govt Imposes Windfall Tax of Rs3/ltr on Petrol Exports, Cuts Levy on Diesel, ATF

Rediff.com15 May 2026

The Indian government has imposed a new windfall gains tax of Rs 3 per litre on petrol exports, while simultaneously reducing the levy on diesel to Rs 16.5 per litre and aviation turbine fuel (ATF) to Rs 16 per litre, effective May 16.

Supreme Court to hear Rs 500 cr UAE money decree case in July after mediation fails

Supreme Court to hear Rs 500 cr UAE money decree case in July after mediation fails

Rediff.com25 May 2026

The Supreme Court has scheduled a July hearing for the Rs 500 crore money decree case involving Ras Al Khaimah Investment Authority (RAKIA) and industrialist Nimmagadda Prasad, following the failure of a mediation process led by former Chief Justice of India U U Lalit.

How Delhi's Forests Are Quietly Combating Climate Change

How Delhi's Forests Are Quietly Combating Climate Change

Rediff.com9 May 2026

Researchers have discovered that Delhi's urban forests are significant carbon sinks, storing substantial amounts of carbon in trees and soil, with the potential to generate revenue through carbon credits. The study highlights the importance of preserving and expanding these forests to combat climate change.

US Group Claims Unfairness In Rajasthan Royals Ownership Bid

US Group Claims Unfairness In Rajasthan Royals Ownership Bid

Rediff.com5 May 2026

A US-based consortium led by Kal Somani has expressed disappointment and alleged an unfair bidding process after losing the Rajasthan Royals ownership bid to Lakshmi Mittal's group.

Indian Equities Rally: Banks Lead as Global Trends Boost Market Sentiment

Indian Equities Rally: Banks Lead as Global Trends Boost Market Sentiment

Rediff.com22 May 2026

Indian stock market benchmark indices closed higher, driven by strong performance in blue-chip bank shares and a positive trend in global markets, with hopes of progress in US-Iran peace negotiations also contributing to optimism.

Stock markets end lower amid spike in oil prices; Sensex drops 480 pts

Stock markets end lower amid spike in oil prices; Sensex drops 480 pts

Rediff.com26 May 2026

Indian benchmark indices Sensex and Nifty closed lower, snapping a two-day rally, as a spike in crude oil prices, triggered by reports of fresh US military operations in southern Iran, dampened investor sentiment and reignited fears of renewed energy supply disruptions.

Prannoy, Lakshya Sen Shine At Singapore Open

Prannoy, Lakshya Sen Shine At Singapore Open

Rediff.com7 days ago

HS Prannoy and Lakshya Sen secured impressive victories to advance to the second round of the Singapore Open Super 750 badminton tournament, while other Indian players faced setbacks.

Indian-Origin Man In US Faces Denaturalisation Over Fraud

Indian-Origin Man In US Faces Denaturalisation Over Fraud

Rediff.com9 May 2026

A 62-year-old Indian-origin man, now a US citizen, faces denaturalisation proceedings for allegedly defrauding investors of USD 2.5 million and concealing this from US authorities.

PV Sindhu Advances At Singapore Open; Satwik-Chirag Win

PV Sindhu Advances At Singapore Open; Satwik-Chirag Win

Rediff.com7 days ago

PV Sindhu secured a straight-game victory at the Singapore Open, while Satwiksairaj Rankireddy and Chirag Shetty also advanced. Other Indian shuttlers faced setbacks in the tournament.

Trishul Chinnappa Stages Recovery At Morocco Rising Stars

Trishul Chinnappa Stages Recovery At Morocco Rising Stars

Rediff.com5 days ago

Indian golfer Trishul Chinnappa recovered with five birdies in the last six holes to move into the top 10 after the first round of the AM Green IGPL Morocco Rising Stars 2026.

Thane Man Duped Of Rs 2 Lakh In Dollar Exchange Fraud

Thane Man Duped Of Rs 2 Lakh In Dollar Exchange Fraud

Rediff.com18 May 2026

A 35-year-old man from Thane district was allegedly cheated of Rs 2 lakh in a US dollar exchange fraud in Navi Mumbai. The victim was shown bundles appearing to contain US currency, but they turned out to be paper rolls and soap bars.

217 Indians joined Russian forces during Ukraine war, 49 dead: Govt to SC

217 Indians joined Russian forces during Ukraine war, 49 dead: Govt to SC

Rediff.com22 May 2026

The Centre has informed the Supreme Court that 217 Indian nationals reportedly joined the Russian armed forces, with 49 fatalities amid the Russia-Ukraine war, and efforts are underway to repatriate those who were misled.

Sensex, Nifty Close Marginally Lower on Profit-Taking, Global Cues

Sensex, Nifty Close Marginally Lower on Profit-Taking, Global Cues

Rediff.com21 May 2026

Indian equity benchmark indices, Sensex and Nifty, ended marginally lower in a volatile trading session, surrendering early gains due to profit-taking in blue-chip stocks and persistent macroeconomic concerns, despite positive global cues.

Praggnanandhaa outwits Sindarov in Super Chess Classic, moves to joint lead

Praggnanandhaa outwits Sindarov in Super Chess Classic, moves to joint lead

Rediff.com16 May 2026

Indian Grandmaster R Praggnanandhaa defeated Javokhir Sindarov in the second round of the Super Chess Classics. Other results from the round include victories for Maxime Vachier-Lagrave and Vincent Keymer, while Fabiano Caruana and Wesley So drew their respective matches.

US Files Charges Against Indian Man In 2017 Murder Case

US Files Charges Against Indian Man In 2017 Murder Case

Rediff.com20 May 2026

The US has announced federal charges against Nazeer Hameed, an Indian national, for his alleged involvement in the 2017 murder of Sasikala Narra and her six-year-old son Anish Narra in Maple Shade, New Jersey. Hameed fled to India after the murders and now faces charges for unlawful flight to avoid prosecution.

India's AI Job Market Sees 20% Growth: Minister

India's AI Job Market Sees 20% Growth: Minister

Rediff.com11 May 2026

Union Minister Ashwini Vaishnaw highlights the growing demand for AI-related jobs in India and the transformation needed in the IT industry. He also mentions significant investments in data centres and subsea cable networks to boost digital infrastructure.

Praggnanandhaa Held To Draw By Firouzja In Round 1

Praggnanandhaa Held To Draw By Firouzja In Round 1

Rediff.com15 May 2026

Indian Grandmaster R Praggnanandhaa drew with Alireza Firouzja in the first round of the Super Chess Classics in Bucharest, while other games also ended in draws.