News for 'United States Federal Reserve'

Leaked images show damaged US bases in Iranian strikes

Leaked images show damaged US bases in Iranian strikes

Rediff.com17 Sep 2026

New photographic evidence and a Pentagon inspector general's report confirm extensive damage to US military installations across the Middle East due to Iranian missile and drone strikes. The report details billions in financial costs, structural losses to hundreds of buildings, and damage to dozens of aircraft, contradicting previous assertions about US military readiness and ordnance stockpiles. The conflict also led to disruptions in the Strait of Hormuz, impacting global oil prices.

Trump announces 'biggest oil deal in world history' with Venezuela

Trump announces 'biggest oil deal in world history' with Venezuela

Rediff.com29 Aug 2026

Donald Trump announced a landmark agreement with Venezuela, claiming it to be the 'biggest oil deal in world history'. The deal reportedly grants the US majority control over more than 65 billion barrels of Venezuela's proven crude oil reserves, aiming to double American oil reserves and lower domestic gasoline prices.

BRICS Summit: India's Dollar Dilemma

BRICS Summit: India's Dollar Dilemma

Rediff.com12 Sep 2026

The challenge for India lies in navigating complex landscape to its best advantage. The BRICS Summit will test its navigation skills, asserts former foreign secretary Shyam Saran.

Indian Markets Marginally Higher Amid Crude Oil Spike, Geopolitical Uncertainty

Indian Markets Marginally Higher Amid Crude Oil Spike, Geopolitical Uncertainty

Rediff.com10 Aug 2026

Indian benchmark indices closed marginally higher, with the Sensex gaining over 43 points and the Nifty remaining flat, as a spike in crude oil prices due to geopolitical uncertainties tempered risk appetite.

US to end 60-day grace period for H-1B holders losing jobs

US to end 60-day grace period for H-1B holders losing jobs

Rediff.com11 Sep 2026

The US Department of Homeland Security (DHS) has proposed a new rule to eliminate the 60-day grace period for H-1B visa holders and other nonimmigrants after job loss, a move expected to significantly impact Indian technology workers.

Fernandes: 'No divisions' in Portugal squad after Ronaldo exit

Fernandes: 'No divisions' in Portugal squad after Ronaldo exit

Rediff.com4 Oct 2026

Bruno Fernandes has spoken to Cristiano Ronaldo and dismissed suggestions of a rift within the Portugal squad following Ronaldo's abrupt departure from the national team's training camp, emphasising that Ronaldo remains a national symbol.

Multiple countries probe background of Flydubai co-pilot

Multiple countries probe background of Flydubai co-pilot

Rediff.com4 Oct 2026

Authorities in Australia, Israel, and the UAE are investigating an Omani co-pilot's attempted "terrorist act" on a flydubai flight. The co-pilot, identified as Hamam al-Hammami, attacked the Indian captain with a crash axe, but passengers and reserve pilots managed to land the plane safely. The probe focuses on his motives, connections, and past radical views.

RBI likely to hike rates by 50 bps as inflation breaches tolerance band

RBI likely to hike rates by 50 bps as inflation breaches tolerance band

Rediff.com16 Sep 2026

Economists widely anticipate the Reserve Bank of India's Monetary Policy Committee will increase the repo rate by 50 basis points, likely split between the October and December meetings, as retail inflation is projected to peak at 6.1 per cent in the third quarter, exceeding the RBI's tolerance limit.

How Wall Street created the Federal Reserve

How Wall Street created the Federal Reserve

Rediff.com6 Dec 2013

In 1910 the who's who of Wall Street met in total secrecy in an American town to work towards the first draft of the bill that would finally give the United States a central bank.

The High Cost Of Defending The Rupee

The High Cost Of Defending The Rupee

Rediff.com10 Sep 2026

The FCNR (B) stratagem relies on using public money to defend the rupee. The State subsidises foreign borrowing to attract dollars. This tool requires large-scale borrowing to make a material difference against a gross external flow of $11 billion a day. A commensurately large fiscal cost falls upon the exchequer. The ministry of finance will choose how much it is willing to spend in exchange for this round number, points out Ajay Shah.

Can India Defend Chess Olympiad Double, End Winner's Curse?

Can India Defend Chess Olympiad Double, End Winner's Curse?

Rediff.com18 Aug 2026

'Being the defending champions certainly gives us confidence, but every Olympiad is a new event and starts from scratch.'

India's Trade Deficit Widens to $31.98 Billion in July Amid Import Surge

India's Trade Deficit Widens to $31.98 Billion in July Amid Import Surge

Rediff.com14 Aug 2026

India's trade deficit reached a six-month high of $31.98 billion in July, driven by a sharp increase in imports, particularly crude oil, electronic goods, coal, and fertilisers. Both merchandise exports and imports recorded their second-highest levels during the same period.

US Court Dismisses Adani Criminal Case; Gautam Adani Says 'Truth Prevailed'

US Court Dismisses Adani Criminal Case; Gautam Adani Says 'Truth Prevailed'

Rediff.com11 Aug 2026

A US federal judge has permanently dismissed the criminal securities-fraud case against Adani Group chairman Gautam Adani and his nephew Sagar, closing nearly two years of prosecution without a trial. Gautam Adani stated, "Truth has prevailed," in response to the ruling.

India's Biggest Stock Market Booms And Busts

India's Biggest Stock Market Booms And Busts

Rediff.com1 Sep 2026

'Every period of excessive optimism eventually gives way to a correction, while periods of extreme pessimism often create the best investment opportunities.'

How China, US Crack Down on Paper Leaks

How China, US Crack Down on Paper Leaks

Rediff.com30 Jul 2026

Beyond imprisonment, candidates caught cheating face cancellation of examination scores, blacklisting under China's social credit system and multi-year bans from appearing in state examinations.

Why Is RBI Buying Billions Of Dollars?

Why Is RBI Buying Billions Of Dollars?

Rediff.com19 Jun 2026

The rupee has been among the The RBI uses the Iran-US peace deal to bolster its forex reserves.

Geopolitical tensions, inflation data to dictate gold and silver prices

Geopolitical tensions, inflation data to dictate gold and silver prices

Rediff.com13 Jul 2026

Gold and silver are expected to remain volatile with a corrective bias as investors assess the latest flare-up in the US-Iran conflict, movements in crude oil prices, and inflation data, which could reshape expectations for global interest rates, according to analysts.

Manika Batra Alleges TTFI Violated Constitution In Asian Games Squad Selection

Manika Batra Alleges TTFI Violated Constitution In Asian Games Squad Selection

Rediff.com26 Jun 2026

Star Indian table tennis player Manika Batra has accused the Table Tennis Federation of India (TTFI) of violating its own Constitution during the selection of the Asian Games squad, where she was named a reserve. Batra claims a nine-member committee, exceeding the constitutional limit, finalised the team, leading to her "mental exhaustion" from the ongoing fight.

Panagariya: Don't Fear Rs 100 Dollar

Panagariya: Don't Fear Rs 100 Dollar

Rediff.com22 May 2026

'100 is just a number, like 99 and 101.'

Why Manika Batra Misses Out On Asian Games Table Tennis Squad

Why Manika Batra Misses Out On Asian Games Table Tennis Squad

Rediff.com18 Jun 2026

India's prominent table tennis player, Manika Batra, has been excluded from the national squad for the upcoming Asian Games due to her absence from domestic events, which impacted her national ranking. The Table Tennis Federation of India (TTFI) cited adherence to its selection criteria, which prioritises both national and world rankings.

Rupee Exchange Rate Is Not Just A Number

Rupee Exchange Rate Is Not Just A Number

Rediff.com6 Jul 2026

If we really want to curb the further depreciation of the rupee and make the rupee appreciate, we want to come out of the mindset that the exchange rate is merely a number, bring policy corrections to help reduce the outflow of foreign exchange by imposing suitable tariffs to discourage imports and bring self reliance, discipline FPIs, and correcting rules governing royalty outflows, suggests Dr Ashwani Mahajan, National Co-Convenor, Swadeshi Jagaran Manch.

The H-1 B Visa and the Fading American Dream

The H-1 B Visa and the Fading American Dream

Rediff.com8 Jul 2026

The H-1B visa once symbolised the American Dream for Indians, but today's students are increasingly asking whether they need America at all. In 1995, the question was: How do I get to America? In 2026, it may be: Do I need to?

FIFA Chief Gianni Infantino Faces Leadership Crisis After World Cup Rights U-Turn

FIFA Chief Gianni Infantino Faces Leadership Crisis After World Cup Rights U-Turn

Rediff.com2 Aug 2026

UEFA and CONCACAF say they have lost confidence in FIFA President Gianni Infantino after the governing body withdrew its controversial World Cup rights plan.

Tamil Nadu defeats Delhi: Stalin on women's quota bill's rout in LS

Tamil Nadu defeats Delhi: Stalin on women's quota bill's rout in LS

Rediff.com17 Apr 2026

Tamil Nadu Chief Minister M K Stalin has claimed victory for the state after the Constitution Amendment Bill was defeated in the Lok Sabha. Stalin criticised the Centre's handling of the Women's Reservation Bill and delimitation process, accusing the BJP of prioritising political gain over fairness and consultation.

Can Cong Stop BJP's Constitutional Push?

Can Cong Stop BJP's Constitutional Push?

Rediff.com17 Jul 2026

'Our leaders, including Mallikarjun Kharge and Rahul Gandhi, are in touch with all Opposition parties, including the DMK and the AAP.'

Marc Faber: 'Indian Markets Can Go Down 20 Per Cent'

Marc Faber: 'Indian Markets Can Go Down 20 Per Cent'

Rediff.com23 Jun 2026

'India has initiated a bear market and we will still go lower. It has nothing to do with the economy.'

India's Auto Retail Sales Hit Record High in May Despite Fuel Price Hike

India's Auto Retail Sales Hit Record High in May Despite Fuel Price Hike

Rediff.com8 Jun 2026

India's total automobile retail sales recorded a significant 9.55 per cent year-on-year growth in May, reaching an all-time high of 25,31,067 units, driven by strong performances in three-wheelers, passenger vehicles, and tractors, despite prevailing heatwave conditions and fuel price pressures.

Bitcoin correction calls for decisions based on risk, allocation, horizon

Bitcoin correction calls for decisions based on risk, allocation, horizon

Rediff.com5 Mar 2026

Bitcoin has fallen from its peak of $1,26,251.3 on October 6, 2025, to $65,405.5, a decline of 48.2 per cent. Investors must recognise that sharp volatility is inherent to Bitcoin and avoid kneejerk reactions.

How TN defeated Constitution Amendment Bill

How TN defeated Constitution Amendment Bill

Rediff.com17 Apr 2026

Tamil Nadu Chief Minister M K Stalin celebrated the defeat of the Constitution Amendment Bill in the Lok Sabha, emphasising the unity of the south and the triumph of democracy. The bill aimed to implement reservation for women in legislatures in 2029 and increase Lok Sabha seats. Stalin criticised the bill as weakening the balance of the union and asserted Tamil Nadu's commitment to justice, dignity, and federalism.

US weighs easing Iran oil sanctions to curb global price surge

US weighs easing Iran oil sanctions to curb global price surge

Rediff.com19 Mar 2026

Bessent indicated that the U.S. is evaluating the status of Iranian oil as the current campaign progresses.

Opposition backs women's quota, to vote against delimitation

Opposition backs women's quota, to vote against delimitation

Rediff.com15 Apr 2026

Several opposition parties on Wednesday decided to jointly oppose the delimitation provisions in the Constitution amendment bill in Parliament, even as they reiterated support for women's reservation, with Mallikarjun Kharge alleging the move is politically motivated.

AIFF Rushes Replacements After Mohun Bagan Withdraws Players

AIFF Rushes Replacements After Mohun Bagan Withdraws Players

Rediff.com27 May 2026

The All India Football Federation (AIFF) has added five players to the national team for the Unity Cup in London after Mohun Bagan Super Giants withdrew their players. The AIFF is working to secure visas for the new players before the first match against Jamaica.

Kurdish President's residence hit by drone strike

Kurdish President's residence hit by drone strike

Rediff.com29 Mar 2026

Iraq's Kurdistan Regional Government (KRG) on Saturday confirmed a drone strike targeting the residence of Kurdistan Region President Nechirvan Barzani in Duhok amid escalating tensions in West Asia, triggering a sharp blame game between the United States and Iran.

Gold and Silver Prices Soar as West Asia Conflict Intensifies

Gold and Silver Prices Soar as West Asia Conflict Intensifies

Rediff.com2 Mar 2026

Precious metal prices, particularly gold and silver, experienced a significant surge in the national capital as investors sought safe-haven assets amid escalating hostilities in the Middle East.

Factors that will guide the markets this week

Factors that will guide the markets this week

Rediff.com12 Oct 2025

Stock market investors this week would track the renewed tariff tensions between the US and China, domestic inflation data, besides, quarterly earnings from blue-chips HCL Tech, Infosys and Reliance Industries would also drive the momentum in equities, analysts said.

'Delimitation Can't Be Challenged Once It Is Approved'

'Delimitation Can't Be Challenged Once It Is Approved'

Rediff.com17 Apr 2026

'The Supreme Court stated that once the delimitation plan is approved by Parliament and receives assent of the President, it cannot be undone. Nor can it be modified.'

Opposition gears up for showdown with govt over delimitation

Opposition gears up for showdown with govt over delimitation

Rediff.com16 Apr 2026

The Indian government and opposition parties are set for a showdown in Parliament over a Constitution amendment bill concerning the implementation of the women's quota law and the delimitation exercise. The Opposition is concerned about the potential impact of delimitation on the political representation of southern states.

Remittances from West Asia see 20-30% jump in March due to conflict

Remittances from West Asia see 20-30% jump in March due to conflict

Rediff.com20 Mar 2026

Remittances from West Asia in March rose sharply amid the conflict in the region, with industry insiders estimating inflows to be 20-30 per cent higher than what is usual in a month.

Vinesh Phogat Faces Warning After Missed Doping Test

Vinesh Phogat Faces Warning After Missed Doping Test

Rediff.com5 May 2026

Wrestler Vinesh Phogat has been notified by the International Testing Agency (ITA) for a missed out-of-competition doping test dating back to December 18, 2025. This marks her first whereabouts failure in the last 12 months and triggers a warning under anti-doping regulations.

West Asia crisis: Modi asks Indians to 'be ready for every eventuality'

West Asia crisis: Modi asks Indians to 'be ready for every eventuality'

Rediff.com25 Mar 2026

Prime Minister Narendra Modi addresses the Rajya Sabha, detailing India's strategies to navigate the global energy crisis sparked by the West Asia conflict, including securing diverse energy sources and expanding strategic oil reserves.