News for 'currency'

Indian IT Cos Unfazed by Venezuela Crisis

Indian IT Cos Unfazed by Venezuela Crisis

Rediff.com14 Jan 2026

While Infosys never had a presence, Wipro's Venezuelan unit was liquidated many years ago.

Rupee Fall: Who Stands To Gain?

Rupee Fall: Who Stands To Gain?

Rediff.com25 Nov 2025

So far this year, the rupee has fallen by 4.2 per cent, the worst among its Asian peers.

Gold most stable asset during geopolitical tensions: RBI staff study

Gold most stable asset during geopolitical tensions: RBI staff study

Rediff.com1 Jan 2026

Gold has emerged as the most stable asset during episodes of geopolitical stress, and crude oil has been more sensitive than others when it comes to regional conflicts and sanctions, according to a report in the Reserve Bank of India's (RBI's) monthly bulletin. Silver and the United States Treasury have showed moderate reactions.

Gandhi Talks Review: Underwhelming

Gandhi Talks Review: Underwhelming

Rediff.com3 Feb 2026

The fact that a major studio put out a silent film starring some of the biggest names in the industry in these concerning times for the film business is the one big takeaway from Gandhi Talks, notes Arjun Menon.

Forex reserves drop by $1.88 bn to $686 bn

Forex reserves drop by $1.88 bn to $686 bn

Rediff.com5 Dec 2025

India's forex reserves dropped by $1.88 billion to $686 billion during the week ended November 28, the RBI said on Friday. In the previous reporting week, the overall reserves had declined by $4.47 billion to $688 billion.

Cash row: SC junks Justice Varma's plea against parliamentary probe

Cash row: SC junks Justice Varma's plea against parliamentary probe

Rediff.com16 Jan 2026

The remarks were made by the bench which refused to agree with the submission made on behalf of Justice Varma that the deputy chairman of Rajya Sabha had no power to reject a motion and, under the Judges (Inquiry) Act of 1968, only the Speaker and the chairman have the power to accept or reject a motion against a judge.

Economy growing at robust pace, banking sector remains sound: RBI report

Economy growing at robust pace, banking sector remains sound: RBI report

Rediff.com1 Jan 2026

The Indian economy is growing at a robust pace, driven by strong domestic demand, low inflation, and the healthy balance sheets of banks, said a Reserve Bank report released on Wednesday.

6 firms in fray for RBI's currency management project

6 firms in fray for RBI's currency management project

Rediff.com16 Mar 2025

State-owned Engineers India and MECON as well as four private entities are in the fray for the project to comprehensively revamp RBI's currency management infrastructure in order to cater to future cash needs of the country's fast growing economy. The four private entities are: Accenture Solutions; Colliers International (India) Property Services; PricewaterhouseCoopers and The Boston Consulting Group (India).

A Long-Term Portfolio Should Include...

A Long-Term Portfolio Should Include...

Rediff.com19 Jan 2026

'...a mix of asset classes.' 'Include equities for growth (across market caps), debt for stability and liquidity, gold as a hedge against macro and currency risk, and global assets for geographical and economic diversification.'

'Strong Reforms, Not Panic, Will Help Ride Out Rupee's Weakness'

'Strong Reforms, Not Panic, Will Help Ride Out Rupee's Weakness'

Rediff.com5 Dec 2025

'In the long run, India's strong growth story and reforms to make assets globally attractive will determine the rupee's resilience.'

Rupee recovers 55 paise from all-time low to close at 90.38/USD

Rupee recovers 55 paise from all-time low to close at 90.38/USD

Rediff.com17 Dec 2025

The rupee recovered 55 paise from its all-time low level to close at 90.38 against the US dollar after a volatile trade on Wednesday, amid suspected aggressive central bank intervention.

India Inc lauds Budget for bold bets on AI, data centres

India Inc lauds Budget for bold bets on AI, data centres

Rediff.com1 Feb 2026

India Inc on Sunday hailed the Union Budget 2026-27 as a 'structural shift' in the country's technology landscape, noting that the government is moving beyond fragmented pilots to build foundational layers where AI serves as a 'horizontal enabler' for the entire economy.

Gold, silver rally to extend record run

Gold, silver rally to extend record run

Rediff.com14 Dec 2025

Gold and silver prices are poised to maintain their record-setting rally in the coming week as investors focus on global inflation data and key macroeconomic indicators that shape central bank policy paths, analysts said.

Q3 earnings, global trends to drive stock markets this week

Q3 earnings, global trends to drive stock markets this week

Rediff.com18 Jan 2026

Trading pattern in the stock market this week will largely depend on the ongoing Q3 earnings announcement from corporates, global trends, and foreign fund movement, analysts said. Moreover, geopolitical developments and any update on trade negotiations would also be keenly tracked by investors, experts noted.

Goldilocks phase, reforms glide path to spur Indian economy in 2026

Goldilocks phase, reforms glide path to spur Indian economy in 2026

Rediff.com31 Dec 2025

India, the world's fourth largest economy, is set to maintain the 'goldilocks' phase with tailwinds of good growth, low inflation and robust banking performance as well as reform initiatives poised to sustain the economic pace witnessed during 2025.

Gold futures shatter Rs 1.5 lakh/10g barrier; silver hits record

Gold futures shatter Rs 1.5 lakh/10g barrier; silver hits record

Rediff.com20 Jan 2026

Gold extended its record-breaking run to breach the Rs 1.5 lakh per 10-gram mark in futures trade on Tuesday, while silver surged to a lifetime high of Rs 3.27 lakh per kg as investors rushed to safe-haven assets amid mounting global tensions. On the Multi Commodity Exchange (MCX), gold futures for February delivery climbed Rs 6,861, or 4.7 per cent, to record Rs 1,52,500 per 10 grams after settling at Rs 1,45,639 per 10 grams in the previous session.

Rupee slumps 29 paise to close at all-time low of 90.78/USD

Rupee slumps 29 paise to close at all-time low of 90.78/USD

Rediff.com15 Dec 2025

The rupee plunged 26 paise to an all-time low of 90.75 against the US dollar in intra-day trade on Monday, weighed down by uncertainty over an India-US trade deal and persistent foreign fund outflows.

Q3 earnings, inflation data to drive markets this week

Q3 earnings, inflation data to drive markets this week

Rediff.com11 Jan 2026

In an event-heavy week ahead, stock markets are expected to track Q3 corporate earnings from several blue-chip firms, including TCS and Infosys, while inflation data and global trends would also dictate investors' sentiment, analysts said.

Infosys Q3: Higher growth guidance drives IT stocks

Infosys Q3: Higher growth guidance drives IT stocks

Rediff.com17 Jan 2026

Shares of information technology (IT) companies were in demand on Friday, with the National Stock Exchange's (NSE's) Nifty IT index rallying 3.3 per cent on . This came after Infosys reported steady sequential growth, driven by health care boost and large deal rampup in a seasonally weak quarter (Q3FY26).

India's Billionaire Club Contracts In 2025

India's Billionaire Club Contracts In 2025

Rediff.com22 Jan 2026

The aggregate net worth of the country's 176 dollar billionaires dropped to $984.2 billion during 2025, down from a record $1,036.2 billion at the end of December 2024.

India urges citizens to leave Iran amid rising tensions

India urges citizens to leave Iran amid rising tensions

Rediff.com14 Jan 2026

India has strongly advised its nationals to avoid travelling to Iran due to the deteriorating security situation and widespread anti-government protests.

Budget At Economic Crossroads

Budget At Economic Crossroads

Rediff.com30 Jan 2026

'We believe the truth is in the middle, and that India is at an important crossroads.'

FPIs pull out Rs 7,608 cr from equities in just 2 days of Jan

FPIs pull out Rs 7,608 cr from equities in just 2 days of Jan

Rediff.com4 Jan 2026

Foreign portfolio investors have started 2026 on a cautious note, extending their selling streak from last year by withdrawing Rs 7,608 crore ($846 million) from Indian equities in the first two trading sessions of January. The withdrawal of funds followed the largest outflow of Rs 1.66 lakh crore ($18.9 billion) recorded in 2025, triggered by volatile currency movements, global trade tensions and concerns over potential US tariffs, and stretched market valuations.

Infosys takes Rs 1,289 cr hit on new labour codes in Q3FY26

Infosys takes Rs 1,289 cr hit on new labour codes in Q3FY26

Rediff.com14 Jan 2026

Infosys on Wednesday reported a one-time exceptional hit of Rs 1,289 crore on account of the impact of the implementation of new labour codes, as India's second-largest IT services firm announced its December quarter earnings.

HCLTech counts on M&As to add 1.5% to revenue

HCLTech counts on M&As to add 1.5% to revenue

Rediff.com14 Jan 2026

HCLTech expects its recent large acquisitions to contribute about 1.5 per cent to revenue in 2026-27 (FY27), Chief Executive Officer and Managing Director C Vijayakumar said, as the company looks to build newer revenue streams in a subdued macroeconomic environment.

RBI Warns Against Stablecoins, Backs CBDCs

RBI Warns Against Stablecoins, Backs CBDCs

Rediff.com13 Dec 2025

'We have seen that stablecoins lack the basic attributes of money, their advantages are neither unique nor unambiguous and their risks are all too real.'

'Very difficult time': Indians return from Iran amid deadly protests

'Very difficult time': Indians return from Iran amid deadly protests

Rediff.com17 Jan 2026

Several Indians, including students, have arrived in Delhi from Iran amid widespread protests and a government crackdown. The Indian government has issued advisories urging citizens to leave Iran.

Forex Reserves See Sharp Weekly Fall

Forex Reserves See Sharp Weekly Fall

Rediff.com12 Jan 2026

The previous largest weekly decline was recorded in the week ended November 15, 2024.

India's forex reserves decline $4.47 bn to $688 bn

India's forex reserves decline $4.47 bn to $688 bn

Rediff.com28 Nov 2025

India's forex reserves declined $4.47 billion to $688.104 billion during the week ended November 21 due to a steep decrease in the value of gold reserves, the RBI said on Friday.

'Buying Opportunity, Not A Regret Opportunity'

'Buying Opportunity, Not A Regret Opportunity'

Rediff.com2 Feb 2026

'For those in for the long haul, this is a God-given opportunity.' 'Your market is falling despite strong fundamentals, and such a clear roadmap has been announced.'

Rupee breaches 90/dollar for first time; closes at all-time low of 90.15

Rupee breaches 90/dollar for first time; closes at all-time low of 90.15

Rediff.com3 Dec 2025

The rupee breached 90-levels against the greenback for the first time on Wednesday, falling 6 paise to 90.02 in early trade, as banks kept buying US dollars at higher levels and FII outflows continued.

Rupee slumps 38 paise to close at all-time low of 90.32 against US dollar

Rupee slumps 38 paise to close at all-time low of 90.32 against US dollar

Rediff.com11 Dec 2025

The rupee plunged 38 paise to close at an all-time low of 90.32 against the US dollar on Thursday amid uncertainty over the India-US trade deal. Forex traders said the rupee is expected to trade with a negative bias as the delay in the trade deal between India and the US may continue to dent investor confidence.

NPCI sets up unit to scale up digital infra beyond payments

NPCI sets up unit to scale up digital infra beyond payments

Rediff.com5 Jan 2026

Moving beyond digital payments, the National Payments Corporation of India (NPCI), the operator of Unified Payments Interface, is planning to add more muscle to the country's digital infrastructure by setting up a fourth subsidiary, NPCI Tech Solutions Ltd (NTSL).

Smallcap To Watch Out For In 2026

Smallcap To Watch Out For In 2026

Rediff.com4 Feb 2026

After two years of strong gains, smallcap stocks fell sharply in 2025, but the correction may be setting up opportunities for long-term investors.

IndiGo Q3 profit plunges 78%; ops disruptions, new labour code took a toll

IndiGo Q3 profit plunges 78%; ops disruptions, new labour code took a toll

Rediff.com22 Jan 2026

India's largest airline IndiGo on Thursday reported a 78 per cent decline in December quarter net profit at Rs 549.1 crore as flight disruptions and implementation of the new labour code took a toll on its earnings. The airline reported a net profit of Rs 549.1 crore in the October-December quarter, compared with Rs 2,448.8 crore earnings in the year-ago period, according to a company statement.

The Blasphemous Idea Dhurandhar Promotes

The Blasphemous Idea Dhurandhar Promotes

Rediff.com16 Dec 2025

Dhurandhar's most dangerous idea is that Director Aditya Dhar envisions an Indian state run by a deep state -- an intelligence machinery not accountable to Parliament, courts, or voters. A future political system where unelected officials decide when Indian democracy is 'fit' to function, observes Syed Firdaus Ashraf.

Equity MF Inflows Dip As Redemptions Spike

Equity MF Inflows Dip As Redemptions Spike

Rediff.com10 Jan 2026

2025 marked a shift in investor preference when it comes to MF schemes.

FPIs purchase Rs 7,524 crore of debt, highest single day in 7 months

FPIs purchase Rs 7,524 crore of debt, highest single day in 7 months

Rediff.com3 Jan 2026

The first day of the year 2026 was positive for the debt market with foreign investors buying a net domestic debt of Rs 7,524 crore, the highest single-day inflow since May 29 last year.

When Votes Come With a Price Tag, Is It Still Democracy?

When Votes Come With a Price Tag, Is It Still Democracy?

Rediff.com28 Jan 2026

The Maharashtra municipal elections showed a troubling shift, where votes were traded for cash, convictions no longer mattered, and ideology became an afterthought, observes Ramesh Menon.

Retiring Khawaja reflects on his parents' sacrifices

Retiring Khawaja reflects on his parents' sacrifices

Rediff.com4 Jan 2026

Khawaja said his parents sacrificed a comfortable life in Pakistan, including financial security, by moving to Australia solely to give their children better opportunities and a better future.