News for 'dollar'

Review: Dupahiya Is Lotsa Fun

Review: Dupahiya Is Lotsa Fun

Rediff.com7 Mar 2025

Such a collection of amiable characters were last seen in Panchayat. There are greedy dowry seekers, criminals, misogynists and the like, but the collective goodness of the others keep violence and male chauvinism in check, notes Deepa Gahlot.

India has lower exposure to US tariffs than APAC peers: Moody's

India has lower exposure to US tariffs than APAC peers: Moody's

Rediff.com25 Feb 2025

Moody's Ratings on Tuesday said India has a lower overall exposure to the US relative to others in the APAC region, although certain sectors such as food, textiles and pharmaceutical products face risks. Moody's said most companies in its rated portfolio are domestic-focused with limited exposure to the US market.

Did US meddle in Indian elections? Trump drops big hint

Did US meddle in Indian elections? Trump drops big hint

Rediff.com20 Feb 2025

Trump further pointed out India's strong economic position and high tariffs on US goods, stating, "They got a lot of money. They're one of the highest taxing countries in the world in terms of us. We can hardly get in there because their tariffs are so high."

Saving Test Cricket! ICC's multi-million dollar rescue plan

Saving Test Cricket! ICC's multi-million dollar rescue plan

Rediff.com23 Aug 2024

ICC is mulling a dedicated fund of at least US$ 15 million for Test cricket that will help increase the players' match fee and address the migration of talent to T20 leagues.

Kharge's 'thousands' killed in Kumbh stampede remark sparks row in Parl

Kharge's 'thousands' killed in Kumbh stampede remark sparks row in Parl

Rediff.com3 Feb 2025

RS Chairman Dhankhar called Kharge making the claim a "very sad moment" and asked him to withdraw his statement, the Leader of Opposition insisted the government give the correct figures and continued with his speech.

India's forex reserves decline by $1.88 bn to $623.98 bn

India's forex reserves decline by $1.88 bn to $623.98 bn

Rediff.com24 Jan 2025

India's forex reserves dropped by $1.88 billion to $623.98 billion in the week ended January 17, the RBI said on Friday. Earlier, the overall kitty declined by $8.71 billion to $625.87 billion in the week ended January 10, the Reserve Bank of India said.

Rs 50K cr shares to unlock soon; sellers may sweat

Rs 50K cr shares to unlock soon; sellers may sweat

Rediff.com25 Feb 2025

Shares worth over Rs 50,000 crore (or approximately $6 billion) are set to become freely tradable between now and April 10. Historically, such substantial volumes have been absorbed by a buoyant block-deal market.

ChatGPT Vs DeepSeek: The Plot Thickens

ChatGPT Vs DeepSeek: The Plot Thickens

Rediff.com18 Feb 2025

The tech community, which was getting ready to use the ChatGPT fever and raise unlimited capital for their businesses, is going to face tougher obstacles now, predicts Ajit Balakrishnan.

Indian markets can rise 15% in a year: Chris Wood

Indian markets can rise 15% in a year: Chris Wood

Rediff.com28 Feb 2025

India's stock markets corrected recently but foreign money is likely to chase China rather than India in the short-to-medium term, said Chris Wood, global head of equity strategy at Jefferies, on Thursday. Wood told the Business Standard Manthan Summit in New Delhi he is bullish about Indian equities from a long-term perspective, but for the short term he is cautious given the quantum of foreign investor (FII) outflows and valuation woes.

Adani issue national matter, not personal: Rahul Gandhi

Adani issue national matter, not personal: Rahul Gandhi

Rediff.com21 Feb 2025

Congress leader Rahul Gandhi criticized Prime Minister Narendra Modi for his response to questions about the Adani Group controversy during his US visit. Gandhi alleged that Modi downplayed the issue as a 'personal matter' and did not raise it with US President Donald Trump. Gandhi argued that the controversy is a 'matter of the country' and should not be ignored by the Prime Minister.

Why Sensex And Nifty Are Falling

Why Sensex And Nifty Are Falling

Rediff.com6 Jan 2025

'Retail investors have to stick to their asset allocation plans and continuously do portfolio reviews.'

Why Nifty tanked over 14% from its record peak

Why Nifty tanked over 14% from its record peak

Rediff.com26 Feb 2025

Equity benchmark indices are facing massive corrections, with the NSE Nifty declining over 14 per cent from its lifetime high hit in September last year due to several negative triggers like stretched valuations, foreign fund exodus, disappointing quarterly earnings and rising global trade tensions dragging markets lower. The BSE benchmark Sensex hit its record peak of 85,978.25 on September 27 last year, and the Nifty also reached a lifetime high of 26,277.35 on the same day.

'India can emerge as key player in global supply chain'

'India can emerge as key player in global supply chain'

Rediff.com15 Feb 2025

'It can position itself as a China Plus One solution, fulfilling the demands of developed economies.'

How the markets will fare this week

How the markets will fare this week

Rediff.com9 Feb 2025

Investors would track a host of macroeconomic data announcements scheduled this week, including inflation numbers, and also monitor global market trends, and trading activity of foreign institutional investors, analysts said. The ongoing quarterly earnings announcements and the rupee-dollar trend would also influence the markets.

DeepSeek: China's AI Guerilla War On US

DeepSeek: China's AI Guerilla War On US

Rediff.com6 Feb 2025

DeepSeek is a case in point on how economic interdependence between nations are utilised for geopolitical ambitions and global domination efforts, observes China expert Srikanth Kondapalli.

'Bull Market Has Ended'

'Bull Market Has Ended'

Rediff.com6 Mar 2025

'The bull market cycle ran for five years. It's the end of that cycle.' 'The next cycle is a down cycle, and in that down cycle, you will see the Sensex falling from their highs of around 68,000 to maybe 40,000-50,000 at the bottom of the cycle.'

Rupee Declines. Add Gold To Portfolio

Rupee Declines. Add Gold To Portfolio

Rediff.com4 Dec 2024

New investors should gradually build a 5 to 10 per cent allocation to gold.

Trump posts 'reciprocal tariffs' ahead of meeting with Modi

Trump posts 'reciprocal tariffs' ahead of meeting with Modi

Rediff.com13 Feb 2025

US President Donald Trump said on Thursday that a news conference on reciprocal tariffs will be made later on Thursday.

Adani baiter Hindenburg Research shuts down

Adani baiter Hindenburg Research shuts down

Rediff.com16 Jan 2025

The sudden and surprising announcement by Anderson comes within days of a Republican Congressman, a member of the House Judiciary Committee, asking the Department of Justice to preserve all the documents and communications related to the investigations of Adani and his companies.

India's forex reserves drop by $8.71 bn to $625.87 bn

India's forex reserves drop by $8.71 bn to $625.87 bn

Rediff.com17 Jan 2025

India's forex reserves dropped by $8.71 billion to $625.87 billion in the week ended January 10, the RBI said on Friday. Earlier, the overall kitty dropped by $5.693 billion to $634.58 billion in the week ended January 3, the Reserve Bank of India said.

Factors that will guide the markets this week

Factors that will guide the markets this week

Rediff.com22 Dec 2024

Stock market participants would track global trends and foreign investors' trading activity in a holiday-shortened week ahead, amid lack of any major domestic trigger in sight, analysts said. Equity markets will remain closed on Wednesday for Christmas.

Exports contracts; trade deficit widens to $23 bn

Exports contracts; trade deficit widens to $23 bn

Rediff.com17 Feb 2025

eclined for the third month in a row in January, falling by 2.38 per cent year-on-year to $36.43 billion, while the trade deficit widened to $22.99 billion in the month. Imports rose by 10.28 per cent year-on-year to $59.42 billion in January due to an increase gold shipments, according to the Commerce Ministry data. The trade deficit was $21.94 billion in December and $16.55 billion in January last year.

F35s: Musk Tweets Dissed US Fighter

F35s: Musk Tweets Dissed US Fighter

Rediff.com17 Feb 2025

Two Elon Musk from November 2024 surfaced online over the weekend in which he can be seen criticising the US' F-35 fighter aircraft which President Donald J Trump offered to sell India during Prime Minister Narendra D Modi's visit to the White House on Thursday.

'MRF is now world's 11th largest tyre company'

'MRF is now world's 11th largest tyre company'

Rediff.com31 Jan 2025

'The favourable rupee-dollar exchange rate, there are opportunities we can tap.'

Wholesale price inflation eases to 2.31% in Jan

Wholesale price inflation eases to 2.31% in Jan

Rediff.com14 Feb 2025

Wholesale price inflation moderated to 2.31 per cent in January due to the decline in prices of food items especially vegetables, government data released on Friday showed. The Wholesale Price Index (WPI) based inflation was 2.37 per cent in December 2024. It was 0.33 per cent in January 2024.

F-35, Rana extradition: Big takeaways from Modi-Trump meet

F-35, Rana extradition: Big takeaways from Modi-Trump meet

Rediff.com14 Feb 2025

During the talks, India and the US decided to take a big leap in broad-basing their strategic ties in several critical areas.

Why Microsoft plans to invest $3 bn in India

Why Microsoft plans to invest $3 bn in India

Rediff.com7 Jan 2025

IT major Microsoft will invest $3 billion in India for the expansion of cloud and AI infrastructure in the country, the company's chairman and CEO Satya Nadella said on Tuesday. There is a fantastic momentum in India where people are pushing for a multi-agent kind of deployment.

Wake-Up Call For India-US Ties

Wake-Up Call For India-US Ties

Rediff.com14 Feb 2025

The real intention of the 'Tariff Man' (as Trump calls himself) may not even be to put the 'Tariff King' (as he describes India) on the mat with a knockout punch but to arm-twist the Indian leadership to agree to some multi-billion dollar mega arms deal, argues Ambassador M K Bhadrakumar.

OpenAI CEO Sam Altman calls India a potential AI leader

OpenAI CEO Sam Altman calls India a potential AI leader

Rediff.com5 Feb 2025

Two years after his dismissive stance on India's AI potential raised eyebrows here, OpenAI CEO Sam Altman on Wednesday gave a ringing endorsement to Artificial Intelligence momentum in the country -- and billed India as an important market not just for the new-age technology itself but for the ChatGPT creator as well. In New Delhi on Wednesday, Altman -- while sharing dais with Union IT minister Ashwini Vaishnaw -- said India is the second biggest market for the company and that Open AI had tripled its users here in the last year.

All eyes on RBI Governor Sanjay Malhotra as MPC meeting begins

All eyes on RBI Governor Sanjay Malhotra as MPC meeting begins

Rediff.com5 Feb 2025

The Reserve Bank of India (RBI) is expected to cut interest rates for the first time in nearly five years in Governor Sanjay Malhotra's first monetary policy committee (MPC) meeting on Wednesday. The meeting of the six-member MPC, which will culminate on Friday, aims to boost sluggish economic growth, which is seen falling to a four-year low. Malhotra took charge as the 26th RBI governor in December last year.

Trump calls US aid for India's voter turnout a 'kickback scheme'

Trump calls US aid for India's voter turnout a 'kickback scheme'

Rediff.com21 Feb 2025

After United States President Donald Trump again raised the issue of alleged US funding of $21 million for voter turnout in India and 'kickbacks', the Bharatiya Janata Party has alleged that the money was used to sustain 'deep state assets' in India and demanded a probe into the matter.

Modi flies home after 'substantive, productive' US visit

Modi flies home after 'substantive, productive' US visit

Rediff.com14 Feb 2025

Prime Minister Narendra Modi concluded his visit to the United States after holding high-level bilateral talks with President Donald Trump on a wide range of subjects, including trade and technology, defence and security, energy and people-to-people ties. The two leaders decided to take a significant step in deepening their strategic ties, particularly in the areas of defence, energy, and critical technology. Modi also met with key American officials, including National Security Advisor Michael Waltz and Director of National Intelligence Tulsi Gabbard, and prominent business leaders like SpaceX CEO Elon Musk and Indian-American entrepreneur Vivek Ramaswamy.

How will the markets fare this week?

How will the markets fare this week?

Rediff.com5 Jan 2025

Equity markets this week will take cues from global trends, trading activity of foreign investors and quarterly earnings, with TCS kick-starting the results calendar on Thursday, analysts said.

Does India need expensive F-35s from US, asks Cong

Does India need expensive F-35s from US, asks Cong

Rediff.com15 Feb 2025

Congress general secretary Randeep Surjewala has raised concerns about the Indian government's decision to potentially acquire F-35 fighter jets from the US, questioning whether the decision was made in the national interest and if security experts were consulted. He highlighted the high cost of the F-35, its operational flaws, and the potential impact on the Indian Air Force's existing fleet and maintenance infrastructure. Surjewala's comments come after Prime Minister Narendra Modi and President Donald Trump unveiled plans for a 10-year defense partnership between India and the US, including potential F-35 sales.

Why Is RBI Gov Meeting Top Bankers?

Why Is RBI Gov Meeting Top Bankers?

Rediff.com13 Jan 2025

'Growth, liquidity and deposit mobilisation are likely to be discussed during the interaction.'

Slow margin recovery likely to remain a headwind for LTIMindtree

Slow margin recovery likely to remain a headwind for LTIMindtree

Rediff.com26 Jan 2025

LTIMindtree's (LTIM's) December quarter revenue, at $1.139 billion, was up 1.8 per cent quarter-on-quarter (Q-o-Q) (5.6 per cent year-on-year or Y-o-Y) in constant currency (CC) terms, marginally ahead of expectations.

Are Trump and Musk Dismantling American Democracy?

Are Trump and Musk Dismantling American Democracy?

Rediff.com22 Feb 2025

We the people are left in the wind, waiting on the whims of an unengaged president and an oligarch with a nearly bottomless wallet, observes Sree Sreenivasan.

Never discuss such individual issues: Modi on Adani issue

Never discuss such individual issues: Modi on Adani issue

Rediff.com14 Feb 2025

In November last year, an indictment was unsealed in the United States District Court for the Eastern District of New York, charging prominent Indian executives, including Chairman of the Adani Group, Gautam Adani, by linking them to an alleged bribery scheme.

Who's a tougher negotiator? Modi or him? Trump says...

Who's a tougher negotiator? Modi or him? Trump says...

Rediff.com14 Feb 2025

Trump announced that India and the US agreed to work together to build the India-Middle East-Europe Economic Corridor (IMEC) and called it one of the greatest trade routes. He said that the route will operate from Israel to Italy and onward to the US.

'Time To Play Tests Not T20s In Markets'

'Time To Play Tests Not T20s In Markets'

Rediff.com4 Feb 2025

'2025 is the year to build a portfolio for the future. Focus this year should be on valuations and visible growth.'