News for 'currency'

How Kohli and Rohit built a legacy for India

How Kohli and Rohit built a legacy for India

Rediff.com23 Oct 2025

Virat Kohli's passion and detachment from personal glory coupled with Rohit Sharma's humility and elegance will not just be etched in record books but will be engraved forever in the hearts of fans, feels former India head coach Greg Chappell.

Recent RBI policies to help banks stay at equilibrium: Kamath

Recent RBI policies to help banks stay at equilibrium: Kamath

Rediff.com17 Oct 2025

The recent policies that have been announced by the Reserve Bank of India (RBI) will allow banks to fully use its capital, funding profile to keep business at an equilibrium level, which otherwise was getting skewed towards retail, said K V Kamath, chairman, Jio Financial Services.

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.

Bullion boom aids ETF assets cross Rs 1 trn

Bullion boom aids ETF assets cross Rs 1 trn

Rediff.com9 Oct 2025

The gold and silver holdings of domestic mutual funds (MFs) crossed the Rs 1 trillion mark for the first time in September, powered by a blistering commodity rally that lifted precious metal prices and drew fresh inflows into dedicated MF schemes.

Hamza decodes the India spin test ahead of tough tour

Hamza decodes the India spin test ahead of tough tour

Rediff.com1 Nov 2025

'I think it's an ongoing process, just continuously putting in hours of work and speaking to people that have played in these conditions, have done well in these conditions.'

UPI Goes Global, Fintech Hits A Wall

UPI Goes Global, Fintech Hits A Wall

Rediff.com1 Nov 2025

'When you think of cross-border payments, the first things that come to mind are risk, compliance, taxation, speed, and cost.'

NSE to conduct 1-hr Diwali Muhurat trading on Oct 21

NSE to conduct 1-hr Diwali Muhurat trading on Oct 21

Rediff.com22 Sep 2025

The National Stock Exchange (NSE) on Monday said it will conduct a special Muhurat trading session on Tuesday, October 21, to mark the festival of Diwali.

Gold rally may pause as investors eye US Fed policy decision

Gold rally may pause as investors eye US Fed policy decision

Rediff.com14 Sep 2025

Gold prices are expected to maintain their upward momentum though some consolidation could set in ahead of the US Federal Reserve's policy decision on September 17, analysts said. Traders will focus on the trade inflation data to gauge the impact of tariffs, inflation numbers from major economies including UK and Euro zone, along with monetary policy meetings of Bank of England and Bank of Japan which will provide more guidance for bullion prices, they added.

Invest in Gold ETF Or Fund-Of-Funds?

Invest in Gold ETF Or Fund-Of-Funds?

Rediff.com28 Oct 2025

'Allocating 5 to 10 per cent of one's portfolio and staying disciplined through market cycles helps in having a positive investment experience.'

Factors that will drive the markets this week

Factors that will drive the markets this week

Rediff.com5 Oct 2025

Trading sentiment in the equity market will be guided by macroeconomic data announcements, global trends and quarterly earnings from IT major TCS this week, analysts said. Stock markets would also be tracking trading activity of foreign investors who remained net sellers of Indian equities in September.

Forex reserves drop $9.32 bn to $688.87 bn

Forex reserves drop $9.32 bn to $688.87 bn

Rediff.com8 Aug 2025

India's forex reserves dropped by $9.32 billion to $688.87 billion for the week ended August 1 in one of the highest declines in the recent past, the RBI data showed on Friday. The overall reserves rose by $2.7 billion to $698.19 billion in the previous reporting week.

'Insurance Sector Is At An Unstable Equilibrium'

'Insurance Sector Is At An Unstable Equilibrium'

Rediff.com3 Nov 2025

'Other sectors that manage the savings pools of Indians are giving tough competition to life insurance companies.'

Forex reserves rise by $2.7 bn to $698.2 bn

Forex reserves rise by $2.7 bn to $698.2 bn

Rediff.com1 Aug 2025

India's forex reserves rose by $2.7 billion to $698.19 billion during the week ended July 25, the RBI said on Friday. In the previous reporting week, the overall reserves had dropped $1.183 billion to $695.489 billion.

RBI allows banks to give loans to manufacturers using gold as raw material

RBI allows banks to give loans to manufacturers using gold as raw material

Rediff.com30 Sep 2025

The Reserve Bank of India (RBI) has allowed banks to grant need-based working capital loans to manufacturers using gold as raw material, extending the provision currently available only to jewellers. Banks are generally prohibited from lending for the purchase of gold/silver in any form, or lending against the security of primary gold/silver.

ED arrests UP agent for duping investors through 'QFX' Ponzi fraud

ED arrests UP agent for duping investors through 'QFX' Ponzi fraud

Rediff.com26 Sep 2025

The Enforcement Directorate (ED) has arrested an agent based in Uttar Pradesh for allegedly defrauding investors through the 'QFX' Ponzi scheme. The agent, Navab Hassan, has been remanded to ED custody for nine days. This is the second arrest in the case, which involves multiple FIRs across several states.

Marico Q2 volume growth likely to be in high single digit

Marico Q2 volume growth likely to be in high single digit

Rediff.com4 Oct 2025

Marico is expected to post high single-digit volume growth in the India business in the July-September quarter. However, it is expected to moderate sequentially, the company said in its quarterly update on exchanges.

Little group called BRICS is fading out fast: Trump

Little group called BRICS is fading out fast: Trump

Rediff.com19 Jul 2025

United States President Donald Trump has warned that countries aligning with the BRICS economic bloc will face additional 10 per cent tariffs on their goods, as he seeks to protect the dollar's global dominance.

Rupee weakens 3.7% in H1FY26, hits fresh lows on US tariffs, outflows

Rupee weakens 3.7% in H1FY26, hits fresh lows on US tariffs, outflows

Rediff.com1 Oct 2025

The rupee continued to face pressure in the first half of the current financial year (FY26), hitting fresh lows against the dollar, due to strengthening of the greenback, rising crude oil prices, and foreign outflows. Rupee has depreciated by 3.7 per cent so far in the current financial year after starting at a good note in April.

Can Sai Sudharsan silence critics in Delhi?

Can Sai Sudharsan silence critics in Delhi?

Rediff.com9 Oct 2025

Assessing Sai Sudharsan's temperament and Nitish Kumar Reddy's utility in home conditions would be topmost on India's checklist when the high-on-confidence hosts take on a floundering West Indies

Focus on the underserved to deepen financial inclusion: RBI Guv to fintechs

Focus on the underserved to deepen financial inclusion: RBI Guv to fintechs

Rediff.com8 Oct 2025

Reserve Bank Governor Sanjay Malhotra on Wednesday exhorted the fledgling fintech ecosystem to focus on the underserved sections of the society to deepen financial inclusion. Speaking at the annual Global Fintech Fest in Mumbai, Malhotra accepted that serving the "privileged" will be a lucrative business, but urged the smaller companies to focus on the underserved.

Rupee trades near record lows against USD

Rupee trades near record lows against USD

Rediff.com2 Sep 2025

Indian rupee slipping below the record 88 level against the US dollar will enhance price competitiveness of Indian products in global markets and help exporters diversify beyond the US market, say exporters. However, import-dependent sectors such as gems and jewellery, petroleum and electronics may see lower benefits due to a rise in input costs, they stated.

India's forex kitty drops by $1.18 bn to $695.49 bn

India's forex kitty drops by $1.18 bn to $695.49 bn

Rediff.com26 Jul 2025

India's forex kitty declined by $1.18 billion to $695.49 billion during the week ended July 18, the RBI said on Friday. In the previous reporting week, the overall kitty had dropped by $3.06 billion to $696.67 billion.

Ditch Quick-Money Lures This Diwali!

Ditch Quick-Money Lures This Diwali!

Rediff.com20 Oct 2025

: Build lasting wealth via disciplined, long-term mutual fund investing in India's compounding marathon, Shanaihi, Shanaihi, says Ramalingam Kalirajan

India Scrap Arrival Cards For Foreigners

India Scrap Arrival Cards For Foreigners

Rediff.com3 Oct 2025

Starting Wednesday, October 1, foreigners in India have the option to submit a 'digital arrival card' online instead of the paper card.

Rs 2000 notes worth Rs 5,956 cr still in circulation: RBI

Rs 2000 notes worth Rs 5,956 cr still in circulation: RBI

Rediff.com1 Sep 2025

The high-value Rs 2000 notes worth Rs 5,956 crore are still in circulation, more than two years after the Reserve Bank's withdrawal of the currency notes, according to official data released on Monday. The Reserve Bank of India (RBI) had announced the withdrawal of Rs 2000 denomination banknotes from circulation on May 19, 2023.

'My God, The Number Of Meetings We Had On GST!'

'My God, The Number Of Meetings We Had On GST!'

Rediff.com22 Sep 2025

'It was like rigorously preparing for a solid, good exam...' 'I don't know what marks I will get, but I felt the rigorous preparation of an exam.' 'You may sweat, but I feel rejuvenated.'

'Rs 12cr cash, jewellery': Cong MLA arrested in betting racket

'Rs 12cr cash, jewellery': Cong MLA arrested in betting racket

Rediff.com23 Aug 2025

The federal probe agency also said it seized Rs 12 crore in cash (including about Rs crore in foreign currency), gold jewellery worth Rs 6 crore, silver about 10 kg along with four vehicles following raids launched on Friday in multiple states.

Leh violence, curfew cripple Ladakh tourism post Pahalgam fear

Leh violence, curfew cripple Ladakh tourism post Pahalgam fear

Rediff.com29 Sep 2025

Stakeholders said the industry was first hit by widespread cancellations after the April 22 Pahalgam terror attack in Jammu and Kashmir, and the fresh disturbances have further dented travellers' confidence.

'Cricket at heart?': Lara's wake-up call for West Indies team

'Cricket at heart?': Lara's wake-up call for West Indies team

Rediff.com7 Oct 2025

Legendary Brian Lara said the struggling West Indies would "find a way" in getting their act together in Test cricket if they really had "cricket at heart".

Gold surges Rs 2,200 to hit fresh high of Rs 116,200/10 gm

Gold surges Rs 2,200 to hit fresh high of Rs 116,200/10 gm

Rediff.com22 Sep 2025

Gold prices surged Rs 2,200 to hit a fresh peak of Rs 116,200 per 10 grams in the national capital on Monday buoyed by strong global cues as investors awaited key commentary from US Fed officials for policy direction. According to the All India Sarafa Association, the precious metal of 99.9 per cent purity had closed at Rs 1,14,000 per 10 grams on Friday.

'People Know Gandhi As Villain Or Hero'

'People Know Gandhi As Villain Or Hero'

Rediff.com3 Oct 2025

'They are clueless about the man on the currency notes.' 'They have been fed with WhatsApp forwards, so either Gandhi is vilified or deified. There's nothing in between.'

Gold may consolidate, but bias stays positive

Gold may consolidate, but bias stays positive

Rediff.com24 Aug 2025

Gold prices are likely to remain in a consolidation phase in the near term, but the overall bias will continue to stay positive amid heightened expectations of a US Federal Reserve rate cut in its September policy meeting, analysts said. Traders will closely track US macroeconomic data, such as Q2 GDP, PCE inflation, and speeches from Fed officials, which will provide more insights into the monetary policy stance of the Federal Reserve and the trajectory of the bullion sentiment, they added.

Don't Expect A Reprieve From Trump!

Don't Expect A Reprieve From Trump!

Rediff.com17 Oct 2025

'There are times when India should stand up without hesitation and voice its indignation over the US' pressure tactic. This is one such moment,' asserts Ambassador M K Bhadrakumar.

'We will come together': Trump official amid tariffs

'We will come together': Trump official amid tariffs

Rediff.com27 Aug 2025

Describing the India-United States relationship as 'very complicated', US Treasury Secretary Scott Bessent on Wednesday hoped that 'at the end of the day, we will come together.'

BCCI hikes team India jersey sponsorship rates

BCCI hikes team India jersey sponsorship rates

Rediff.com5 Sep 2025

Following the government's recent Promotion and Regulation of Online Gaming Act, 2025, the BCCI promptly cancelled the contract of the Indian team's lead sponsor, Dream11.

Forex reserves drop by $3 bn to $699.74 bn

Forex reserves drop by $3 bn to $699.74 bn

Rediff.com11 Jul 2025

India's forex reserves dropped by $3.05 billion to $699.74 billion in the week ended July 4, the RBI said on Friday. In the previous reporting week, the overall reserves had jumped by $4.85 billion to $702.78 billion.

Rohit, Virat not in scheme for 2027 World Cup?

Rohit, Virat not in scheme for 2027 World Cup?

Rediff.com4 Oct 2025

There are three aspects of the decision taken jointly by Agarkar and Gambhir with the blessings of someone very powerful in Indian cricket ecosystem. First, they are on same page that both Rohit and Virat Kohli aren't exactly in their scheme of things for the 2027 World Cup.

Ladakh admin reacts to Wangchuk's wife's 'witch-hunt' claim

Ladakh admin reacts to Wangchuk's wife's 'witch-hunt' claim

Rediff.com1 Oct 2025

The administration appealed that the process of law should be allowed to take its own course and expressed confidence that "together we will bring back normalcy in the peace-loving Leh township and continue with our dialogue process".

Mahatma Gandhi described RSS as communal, totalitarian: Cong

Mahatma Gandhi described RSS as communal, totalitarian: Cong

Rediff.com2 Oct 2025

The Congress party launched a scathing attack on the RSS on its 100th anniversary, citing excerpts from a book claiming Mahatma Gandhi described the Sangh as a "communal body with a totalitarian outlook." The party also referenced Sardar Vallabhbhai Patel's criticism of the RSS.

Gold may remain in consolidation phase amid global trade talks: Analysts

Gold may remain in consolidation phase amid global trade talks: Analysts

Rediff.com27 Jul 2025

Gold prices are expected to witness further consolidation in the coming week as investors brace for a slew of events, ranging from central bank meetings, including the US Federal Open Market Committee (FOMC) meeting's outcome, to global trade negotiations, analysts said.