News for 'United States Federal Reserve'

The Train Action That Inspired Bhagat Singh

The Train Action That Inspired Bhagat Singh

Rediff.com11 Aug 2025

One hundred years ago, a group of 10 revolutionaries carried out an operation that shook the British Empire. Utkarsh Mishra revisits the 'Kakori Conspiracy Case', a turning point in the armed struggle for independence.

Gold Hits Rs 90K, Jewellery Demand Takes A Hit

Gold Hits Rs 90K, Jewellery Demand Takes A Hit

Rediff.com17 Mar 2025

The trigger for international gold prices rising to $3,000 per ounce was Germany's upcoming heavy government borrowing.

Trump picks anti-vaccine activist as health secretary

Trump picks anti-vaccine activist as health secretary

Rediff.com15 Nov 2024

President-elect Donald Trump announced a slate of key Cabinet nominations, including tapping former Democratic presidential candidate Robert F. Kennedy Jr. as his Secretary of Health and Human Services and former Congressman Doug Collins of Georgia as Secretary for Veterans Affairs. Trump also named Jay Clayton as US Attorney for the Southern District of New York, Todd Blanche as Deputy Attorney General, and Dean John Sauer as Solicitor General of the United States.

US SC clears 26/11 terror attack convict Tahawwur Rana's extradition to India

US SC clears 26/11 terror attack convict Tahawwur Rana's extradition to India

Rediff.com25 Jan 2025

This was Rana's last legal chance not to be extradited to India. Earlier, he lost a legal battle in several federal courts, including the US Court of Appeals for the North Circuit in San Francisco.

'India deserved it', said Rana; wanted award for 26/11 attackers

'India deserved it', said Rana; wanted award for 26/11 attackers

Rediff.com11 Apr 2025

Tahawwur Rana, a Canadian citizen and native of Pakistan, was extradited to India to face charges related to his alleged role in the 2008 Mumbai terror attacks. The US Department of Justice said Rana allegedly commended the LeT terrorists who carried out the attacks and suggested they should be awarded Pakistan's highest gallantry award. Rana is accused of facilitating a fraudulent cover for his childhood friend, David Headley, to conduct surveillance in Mumbai for the Lashkar-e-Taiba (LeT) terrorist group. He is also accused of helping Headley submit false visa applications to Indian authorities. This extradition follows a lengthy legal process that began in 2020 with India's request for Rana's surrender. Rana, who was previously convicted in the US for providing material support to LeT, will now face trial in India on 10 criminal charges related to the Mumbai attacks.

How Much Should You Invest In Gold

How Much Should You Invest In Gold

Rediff.com30 Sep 2024

'A 10 to 15 per cent allocation to gold in portfolios reduces risk without compromising on potential returns.'

Canada's deputy PM resigns citing rift with Trudeau

Canada's deputy PM resigns citing rift with Trudeau

Rediff.com17 Dec 2024

'For the past number of weeks, you and I have found ourselves at odds about the best path forward for Canada'

India 'squandered' capital: Greenspan

India 'squandered' capital: Greenspan

Rediff.com7 May 2004

India, China and Russia have "squandered" capital by financing inefficient technologies, United States Federal Reserve Chairman Allan Greenspan has charged.

US court reserves decision in anti-Sikh riots case against Sonia

US court reserves decision in anti-Sikh riots case against Sonia

Rediff.com19 Aug 2015

A United States federal appeals court in New York has reserved the decision in connection with the 1984 anti-Sikh riots case against Congress President Sonia Gandhi.

Crypto use suspected in terrorism, secessionist activities: FIU report

Crypto use suspected in terrorism, secessionist activities: FIU report

Rediff.com13 Mar 2025

A trends study conducted by India's Financial Intelligence Unit (FIU) has expressed suspicion that cryptocurrency is being used across the country in serious criminal acts like terrorist financing, fuelling secessionist activities, cybercrime, narcotics trafficking, illegal betting and gambling. The report, which was based on suspicious transaction reports and operational analysis, shared these trends and credible intelligence with law enforcement agencies.

How To Invest In US Funds

How To Invest In US Funds

Rediff.com8 Nov 2024

'Investors with foreign currency-denominated goals, such as foreign education or foreign travel, should go for US equity funds.'

How Raghuram Rajan can save and kill the Indian economy

How Raghuram Rajan can save and kill the Indian economy

Rediff.com8 Aug 2013

He takes over at Mint Road at a time when the governor's job is even less easy than it is normally.

Will RBI Governor Shaktikanta Das get an extension?

Will RBI Governor Shaktikanta Das get an extension?

Rediff.com4 Dec 2024

The December meeting of the Reserve Bank of India's (RBI's) six-member Monetary Policy Committee (MPC) will start on Wednesday even as there is no clarity on whether Governor Shaktikanta Das, the chair of the panel, will continue in office after his term ends next week. The outcome of the meeting will be announced on Friday by Das at 10 in the morning.

Stocks Crash: Worst Week in Years

Stocks Crash: Worst Week in Years

Rediff.com21 Dec 2024

The week's losses wiped out investor wealth worth Rs 18.43 trillion, with the total market capitalisation of BSE-listed firms now at Rs 441 trillion.

Rupee retreats from session lows as state banks sell dollars

Rupee retreats from session lows as state banks sell dollars

Rediff.com30 Jan 2014

Traders broadly expect the rupee to stay in a 61.50 to 63.50 range over the next three months.

10 nations facing a severe financial crunch

10 nations facing a severe financial crunch

Rediff.com2 May 2013

Finance plays a key role in bringing the ambitious growth plans of dynamic businesses to life.

Tahawwur Rana lands in Delhi, NIA records arrest

Tahawwur Rana lands in Delhi, NIA records arrest

Rediff.com10 Apr 2025

Tahawwur Hussain Rana, a key accused in the 26/11 Mumbai terror attacks, was brought to India on Thursday after being "successfully extradited " from the US, the National Investigation Agency (NIA) said. The 64-year-old Canadian citizen of Pakistani origin landed in Delhi in a special plane on Thursday evening, ending days of speculation of when and how he will be extradited, officials said. The NIA said in a statement that it had secured the successful extradition after years of sustained and concerted efforts to bring to justice the key conspirator behind the 2008 mayhem that claimed 166 lives. Rana is accused of conspiring with David Coleman Headley alias Daood Gilani, and operatives of designated terrorist organisations Lashkar-e-Taiba (LeT) and Harkat-ul-Jihadi Islami (HUJI) along with other Pakistan-based co-conspirators, to carry out the the three-day terror siege of India's financial capital.

Will Trump-Putin Reach A Deal On Ukraine?

Will Trump-Putin Reach A Deal On Ukraine?

Rediff.com2 Apr 2025

Putin is keen on establishing a good personal rapport with Trump and anchor a meaningful US-Russia partnership, realistic enough to accept that Trump is as good an American president as Russia would ever get, observes Ambassador M K Bhadrakumar.

What the new Fed chairman should do

What the new Fed chairman should do

Rediff.com11 Aug 2009

The world economy has been run for too long by finance enthusiasts. It is time that finance sceptics began to take over.

Worsening Centre, states relation poses a 'threat to federalism'

Worsening Centre, states relation poses a 'threat to federalism'

Rediff.com20 Oct 2020

When the Centre tries to encroach upon the subjects that are under the prerogative of the state, or where the centre tries to evade from any responsibility guaranteed to a state through a constitutional provision/obligation, it poses a threat to federalism.

BPO curbs will backfire: Greenspan`

BPO curbs will backfire: Greenspan`

Rediff.com12 Mar 2004

Federal Reserve Chairman Alan Greenspan has said and warned that restrictions on free trade would also hurt US standards of living.

'RBI has a tough balancing act to do'

'RBI has a tough balancing act to do'

Rediff.com1 Jan 2025

'Inflation is not good for industry. Nor for the economy as a whole.'

US Fed hikes interest rates by 75 percentage points to combat inflation

US Fed hikes interest rates by 75 percentage points to combat inflation

Rediff.com16 Jun 2022

The US Federal Reserve on Wednesday (local time) raised interest rates by 75 basis points (bps) or three-quarters of a percentage point in the boldest move since 1994.

Why did the stock market crash?

Why did the stock market crash?

Rediff.com19 May 2006

Mahatma Carter

Mahatma Carter

Rediff.com9 Jan 2025

Carter was in politics, but not a politician, certainly not a transactional politician, points out Shreekant Sambrani.

Markets wrong to hope worst of geopolitical crises over: Wood

Markets wrong to hope worst of geopolitical crises over: Wood

Rediff.com4 May 2024

Global financial markets are wrong in hoping that the worst is over in geopolitical crises such as the Iran-Israel conflict and the Russia-Ukraine war, wrote Christopher Wood, global head of equity strategy at Jefferies, in a recent note to investors called 'GREED & fear'. While most investors and the media are focused on United States (US) Federal Reserve policy and the "endless chatter" of Fed governors, Wood believes the news flow in the financial sphere "pales into complete insignificance" compared with the "tectonic shifts" going on in geopolitics.

BJP Hands 'Tamil Pride' On A Platter To DMK

BJP Hands 'Tamil Pride' On A Platter To DMK

Rediff.com6 Mar 2025

If the DMK is able to sustain the momentum until the assembly polls, the AIADMK especially and the PMK and possibly the infant TVK too would find it hard to sign up with the BJP, explains N Sathiya Moorthy.

US Fed cuts interest rate to almost zero

US Fed cuts interest rate to almost zero

Rediff.com16 Mar 2020

In a drastic measure to stem any major disruption to the US economy as a result of the coronavirus outbreak, the Federal Reserve has cut its benchmark interest rate to almost zero and said it would buy USD700 billion in bonds. The covid-19 pandemic has sickened more than 156,000 people worldwide and left more than 5,800 dead. The death toll in the US stands at 68, while infections neared 3,700.

Humpy's out? No problem! Women eye gold in Chess Olympiad

Humpy's out? No problem! Women eye gold in Chess Olympiad

Rediff.com10 Sep 2024

Koneru Humpy's non-participation in the event has not hampered the team's chances much as Vaishali has jumped significantly in rankings and is a force to reckon with in the women's circle.

'Status quo by US Fed good for India'

'Status quo by US Fed good for India'

Rediff.com18 Sep 2015

The rate hike in the future is set to be 'calibrated and cautious'.

SBI's US branch to get approval

SBI's US branch to get approval

Rediff.com29 Dec 2007

State Bank of India's (SBI) two-year-long wait to expand its operations in the United States is set to end with the New York State Banking Department (NYSBD) clearing the bank's application for opening another branch, senior SBI officials confirmed.

Minting money: Islamic State launches its own currency

Minting money: Islamic State launches its own currency

Rediff.com31 Aug 2015

The new IS currency comes in several denominations of gold, silver and copper.

Janet Yellen becomes US' 1st woman treasury secretary

Janet Yellen becomes US' 1st woman treasury secretary

Rediff.com26 Jan 2021

Yellen, 74, was confirmed by the Senate in a broad bipartisan support of 84-15 votes on Monday. Both the Democratic and the Republican parties have 50 members in the 100-seat Senate.

US indicts Indian national in plot to kill Pannun

US indicts Indian national in plot to kill Pannun

Rediff.com30 Nov 2023

Nikhil Gupta, 52, has been charged with murder-for-hire, which carries a maximum sentence of 10 years in prison, and conspiracy to commit murder-for-hire, which carries a maximum sentence of 10 years in prison, US Attorney for the Southern District of New York Matthew G Olsen said.

Opposition puts up united front at INDIA's Delhi show of strength

Opposition puts up united front at INDIA's Delhi show of strength

Rediff.com1 Apr 2024

The Congress said the rally by the INDIA will send a "strong message" to the Lok Kalyan Marg, where the prime minister's residence is located, that the BJP-led government's "time is up".

Crypto Investments: Brace For Volatility, Regulation Threat

Crypto Investments: Brace For Volatility, Regulation Threat

Rediff.com24 Jan 2024

Those who want to invest should consider their risk appetite. Youngsters may go for it as they have a longer horizon to recover from a setback.

Can RBI Win The War On Inflation?

Can RBI Win The War On Inflation?

Rediff.com13 Sep 2023

'There are occasions when the prices of individual items like food raise inflation; then supply-side measures must be taken.' 'But if there is continued inflation, it means liquidity is aggravating the situation.'

US reports first 'isolated' coronavirus case

US reports first 'isolated' coronavirus case

Rediff.com29 Feb 2020

Health officials in United States on Friday confirmed that a resident of Oregon has tested positive for coronavirus with no known history of travel to countries severely affected by the outbreak and no known contact with infected individuals.

Motown rides on new launches, enhanced discounts; PV sales rise 10% in July

Motown rides on new launches, enhanced discounts; PV sales rise 10% in July

Rediff.com5 Aug 2024

Passenger vehicle retail sales in India witnessed a 10 per cent on-year jump in July driven by new model launches and enhanced discounts, industry body FADA said on Monday. Total passenger vehicle retail sales rose to 3,20,129 units in July, as compared to 2,90,564 units in July 2023. "Dealers reported benefits from good product availability, attractive schemes, and a wider range of products," the Federation of Automobile Dealers Associations (FADA) vice president C S Vigneshwar said in a statement.

Investing In Cryptocurrencies? Read This

Investing In Cryptocurrencies? Read This

Rediff.com29 Feb 2024

If investing in Bitcoin, adopt a three to five-year horizon and invest systematically to gain from its volatility.