News for 'exchange rate'

Bank stocks drive Sensex up 256 points

Bank stocks drive Sensex up 256 points

Rediff.com9 Jun 2025

Among Sensex stocks, Kotak Mahindra Bank, Bajaj Finance, Axis Bank, Power Grid, IndusInd Bank, Maruti, Bajaj Finserv and NTPC were the biggest gainers. However, Eternal, ICICI Bank, Titan, Mahindra & Mahindra, Adani Ports, Tata Steel and Bharti Airtel were among the laggards.

IT stocks, weak global trends drag Sensex down 271 points

IT stocks, weak global trends drag Sensex down 271 points

Rediff.com19 May 2025

Among Sensex firms, Eternal, Infosys, Tata Consultancy Services, Tech Mahindra, Reliance Industries, Asian Paints, HCL Tech and Adani Ports were the laggards. Power Grid, Bajaj Finance, NTPC, State Bank of India and IndusInd Bank were among the gainers.

Extreme poverty in India falls by over 21%: World Bank

Extreme poverty in India falls by over 21%: World Bank

Rediff.com7 Jun 2025

India's extreme poverty rate declined sharply to 5.3 per cent over a decade from 27.1 per cent in 2011-12 even as the World Bank revised upwards its threshold poverty line to $3 per day.

Want Steady Monthly Income? How Bonds Could Help

Want Steady Monthly Income? How Bonds Could Help

Rediff.com25 Jun 2025

Saurav Ghosh's step-by-step guide will help you understand what bonds are, how they help investors make money, how much money they make and which bonds to invest in.

F-1 Visa Changes: What Indian Students Should Do

F-1 Visa Changes: What Indian Students Should Do

Rediff.com11 Apr 2025

Pananjay Tiwari, founder and director of Impel Overseas Education, explains how the new changes can impact Indian students who are applying to US universities and those who are already studying in the US.

Iran, Israel tension pulls Sensex down by 139 points:; NSE also ends in red

Iran, Israel tension pulls Sensex down by 139 points:; NSE also ends in red

Rediff.com18 Jun 2025

Among Sensex firms, Tata Consultancy Services, Adani Ports, Hindustan Unilever, Nestle, Bajaj Finserv and NTPC were the laggards. IndusInd Bank, Titan, Mahindra & Mahindra and Maruti were among the biggest gainers.

Why Is SEBI Probing A Trading Giant?

Why Is SEBI Probing A Trading Giant?

Rediff.com21 Jun 2025

Sebi's probe against Jane Street is part of its efforts to mitigate losses for individual derivative traders.

'Gill doesn't look confused as a captain'

'Gill doesn't look confused as a captain'

Rediff.com24 Jul 2025

Shubman Gill had fired a verbal salvo at Zak Crawley during the Lord's Test after he and his opening partner Ben Duckett arrived 90 seconds late to the crease.

Time To Tackle The Digital Fraud Surge

Time To Tackle The Digital Fraud Surge

Rediff.com14 Aug 2025

We propose an expert group be set up to form a national strategy on digital fraud. This group would bring together skills in financial regulation, security economics, cyber defence, and public communications, and an understanding of the Indian financial and security systems. It should lay the foundations of a coordinated approach by the Indian State in fighting digital fraud, suggest Ajay Shah and Nandkumar Saravade.

Sarzameen Review: New Age Shakti

Sarzameen Review: New Age Shakti

Rediff.com25 Jul 2025

Poor writing, unrealistic plot points, and weak performances drag Sarzameen down, sighs Syed Firdaus Ashraf.

Smart Fixes for Low Savings Problem

Smart Fixes for Low Savings Problem

Rediff.com20 Jun 2025

Many affluent young people are first-generation wealthy. They have limited financial literacy, lack quality financial guidance or role models, and often fall prey to mis-selling. This makes them hesitant to invest in high-return assets like equities.

Sensex drops 313 points ahead of RBI's rate decision

Sensex drops 313 points ahead of RBI's rate decision

Rediff.com5 Feb 2025

Titan, Nestle, Hindustan Unilever, State Bank of India, Larsen & Toubro, ITC, Zomato and Bajaj Finserv were also among the laggards. Adani Ports, IndusInd Bank, Tata Motors and HDFC Bank were among the major gainers.

Gold Prices Can Rise Up To 15% By December-End: WGC

Gold Prices Can Rise Up To 15% By December-End: WGC

Rediff.com17 Jul 2025

This translates into an annual return of 40 per cent, suggests a recent note by the World Gold Council.

SBI eyes Rs 25,000 crore via record QIP, sets floor at 2.5% discount

SBI eyes Rs 25,000 crore via record QIP, sets floor at 2.5% discount

Rediff.com17 Jul 2025

State Bank of India (SBI), the largest lender in the country, has launched a share sale to institutional investors to raise upto Rs 25,000 crore, the biggest qualified institutional placement (QIP) so far by an Indian firm, and has set a floor price of Rs 811.05, which is at a 2.5 per cent discount on Wednesday's closing price.

Narrow band IoT is preferred connectivity option for smart meters

Narrow band IoT is preferred connectivity option for smart meters

Rediff.com20 Jun 2025

NB-IoT provides cellular-based connectivity with wide coverage and low power consumption, making it ideal for large-scale smart metering deployments.

Sensex climbs 261 points tracking rally in global equities

Sensex climbs 261 points tracking rally in global equities

Rediff.com4 Jun 2025

From the Sensex firms, Eternal climbed 3.32 per cent. Bharti Airtel, IndusInd Bank, Tech Mahindra, Reliance Industries, Tata Motors, HDFC Bank, Tata Steel and Hindustan Unilever were the other major gainers. However, Bajaj Finserv, Axis Bank, Tata Consultancy Services, Titan and Larsen & Toubro were among the laggards.

'FIIs Looking For Consistency In Regulatory Actions'

'FIIs Looking For Consistency In Regulatory Actions'

Rediff.com30 Jul 2025

'As long as Sebi maintains transparency and market stability, the Jane Street episode is unlikely to deter long-term foreign capital.'

Saiyaara Review: Vacant Romance

Saiyaara Review: Vacant Romance

Rediff.com18 Jul 2025

Saiyaara ends up a bland rehash of old ideas served in an older bottle, notes Arjun Menon.

Sensex, Nifty hit record highs on US Fed rate cut; banks lead gains

Sensex, Nifty hit record highs on US Fed rate cut; banks lead gains

Rediff.com19 Sep 2024

From the 30 Sensex firms, NTPC, Nestle, Titan, Kotak Mahindra Bank, Maruti, Hindustan Unilever, Bharti Airtel and HDFC Bank were the biggest gainers. HCL Technologies, Tata Consultancy Services, Adani Ports, Larsen & Toubro, JSW Steel, State Bank of India, Tech Mahindra and Bajaj Finance were among the laggards from the pack.

Sensex, Nifty hit fresh record closing high levels on rate cut hopes

Sensex, Nifty hit fresh record closing high levels on rate cut hopes

Rediff.com17 Sep 2024

Benchmark Sensex rose by nearly 91 points to close at a fresh lifetime high while Nifty settled above the 25,400 level for the first time supported by firm global trends ahead of the much-awaited US Fed's decision on interest rates. Extending its record-setting spree for the second day, the 30-share BSE Sensex climbed 90.88 points or 0.11 per cent to settle at a lifetime high of 83,079.66. During the day, it rose by 163.63 points or 0.19 per cent to 83,152.41.

How Sitharaman's Budget can stem rupee slide

How Sitharaman's Budget can stem rupee slide

Rediff.com15 Jan 2025

The government, in the forthcoming Budget, could consider levying higher tariffs on imports to check the significant decline in rupee value witnessed in the past few months, said EY Chief Policy Advisor DK Srivastava. The noted economist argued that higher import duties would curb the demand for dollars from importers and help arrest the sliding value of the rupee, which touched a historic low of 86.70 to a dollar on January 13.

Sensex ends down 182 points on selling in IT shares

Sensex ends down 182 points on selling in IT shares

Rediff.com30 May 2025

Among Sensex firms, Tech Mahindra, HCL Tech, Asian Paints, NTPC, Infosys, Nestle, Sun Pharma, and Tata Steel were the major laggards. Eternal, State Bank of India, HDFC Bank, Larsen & Toubro, Reliance Industries and Bajaj Finserv were the gainers.

Sensex tumbles 645 pts on global sell-off, rising US bond yields

Sensex tumbles 645 pts on global sell-off, rising US bond yields

Rediff.com22 May 2025

From the Sensex firms, Mahindra & Mahindra, Bajaj Finserv, Tech Mahindra, Power Grid, ITC, Hindustan Unilever, Reliance Industries and Maruti were the biggest laggards. IndusInd Bank, Bharti Airtel and UltraTech Cement were the gainers.

IndusInd's risk handling under lens: Moody's

IndusInd's risk handling under lens: Moody's

Rediff.com24 Apr 2025

Global Rating agency Moody's on Wednesday said it was reviewing IndusInd Bank's risk management capabilities, and its leadership transition, with the private sector lender grappling with accounting lapses pertaining to its derivatives transactions. "The financial impact of the derivatives losses is quite manageable considering IndusInd Bank's strong capital.

Trade war hit on India likely to be limited: RBI

Trade war hit on India likely to be limited: RBI

Rediff.com23 Apr 2025

The Indian economy could remain less affected by global trade wars than other countries because the two engines of domestic growth - consumption and investment - are likely to face a limited impact from such headwinds, according to an article on the 'State of the Economy' in the Reserve Bank of India's (RBI's) bulletin, released on Tuesday.

How to Choose Loans Against Property

How to Choose Loans Against Property

Rediff.com11 Jun 2025

'LAP is suited for borrowers with a steady income, sound repayment discipline, and a clear repayment plan.'

Sensex, Nifty end lower on global trade concerns

Sensex, Nifty end lower on global trade concerns

Rediff.com2 Jun 2025

From the Sensex firms, Tech Mahindra, Tata Steel, Tata Motors, Titan, HDFC Bank, IndusInd Bank, Infosys and Kotak Mahindra Bank were among the biggest laggards. On the other hand, Adani Ports, Mahindra & Mahindra, Power Grid, Eternal and Hindustan Unilever were among the gainers.

FIDE GP Chess: Humpy, Divya win; close gap on Jiner

FIDE GP Chess: Humpy, Divya win; close gap on Jiner

Rediff.com18 Apr 2025

Ace Indian Grandmaster Koneru Humpy once again demonstrated her strength in positional play as she defeated Polina Shuvalova of Russia in the fourth round of the FIDE Women's Grand Prix in Pune on Thursday.

MVPI: Pooran Takes Early Lead

MVPI: Pooran Takes Early Lead

Rediff.com7 Apr 2025

Srinivas Bhogle and Purnendu Maji present Rediff's first Most Valuable Player Index for IPL 2025.

Bajaj Auto's premium segment revival needs more than just a kickstart

Bajaj Auto's premium segment revival needs more than just a kickstart

Rediff.com9 Jun 2025

Bajaj Auto - the country's most valuable two-wheeler (2W) company by market capitalisation - met Street expectations in the January-March quarter (Q4) of 2024-25 (FY25) but still ended Friday as the worst performer on the Nifty 50, slipping 3.1 per cent.

Sensex jumps 410 pts on buying in banking shares

Sensex jumps 410 pts on buying in banking shares

Rediff.com21 May 2025

Among Sensex firms, Bajaj Finserv, Tata Steel, Sun Pharma, Tech Mahindra, Bajaj Finance, NTPC, Nestle, Tata Motors, Hindustan Unilever and Mahindra & Mahindra were the biggest gainers. IndusInd Bank, Kotak Mahindra Bank, Power Grid and ITC were among the laggards.

ETF Investing in Q2 FY26: What Investors Must Know?

ETF Investing in Q2 FY26: What Investors Must Know?

Rediff.com17 Jun 2025

Exchange Traded Funds (ETFs) have stepped into the spotlight this quarter. With evolving market conditions and shifting investor sentiment, ETFs offer a timely solution for accessing growth with liquidity and efficiency. In this article, we break down the most important ETF trends, performance drivers, and what to watch in the months ahead.

Will German Visa Rules Affect Students?

Will German Visa Rules Affect Students?

Rediff.com10 Jun 2025

Ritika Gupta, a study abroad expert and founder of Aaera Consultants, explains how Germany's new visa rules will affect international students and working professionals.

This is How Traders Track Multibagger Stocks

This is How Traders Track Multibagger Stocks

Rediff.com9 Jul 2025

A multibagger stock multiplies its original investment several times, delivering returns of 100%, 200%, or even higher. The excitement of finding such wealth creators is undeniable, but the process of identifying them is far from simple. It requires a careful blend of research, patience, and the right set of tools.

Rathi, Sharma's Fiery Face-Off!

Rathi, Sharma's Fiery Face-Off!

Rediff.com20 May 2025

Lucknow Super Giants spinner Digvesh Rathi, known for his wicket-taking ability and equally noticeable celebrations, was at the centre of an on-field drama after dismissing Abhishek Sharma.

Why You May Get An I-T Notice

Why You May Get An I-T Notice

Rediff.com17 Jun 2025

'Most tax notices arise not from wrongdoing, but from unintentional mismatch or ignorance.'

Considering An Education Loan? Read This

Considering An Education Loan? Read This

Rediff.com10 Sep 2024

'With tuition fees for international students rising, education loans have become critical for bridging the gap between savings, scholarship, and full cost.'

Will Nirmalaji Target Fiscal Deficit?

Will Nirmalaji Target Fiscal Deficit?

Rediff.com28 Jan 2025

The Budget should undertake further reductions in import tariffs and seriously consider an announcement of India's intention to join one or both of the two Asian mega-regional free trade agreements, suggests Shankar Acharya, former chief economic adviser to the Government of India.

'Who Was Flying AI 171 When Mayday Was Called?'

'Who Was Flying AI 171 When Mayday Was Called?'

Rediff.com21 Jul 2025

'Who tried engine relight?' 'If the first officer was the one flying at takeoff, the captain may have taken control immediately post-thrust loss.' 'But the AAIB report doesn't clarify any of this.'

IMF cautions India on govt debt vulnerabilities, Centre disagrees

IMF cautions India on govt debt vulnerabilities, Centre disagrees

Rediff.com27 Dec 2023

The International Monetary Fund (IMF) warned on Tuesday that India's general government debt (comprising both central and state government debt) could exceed 100 per cent of gross domestic product (GDP) in the medium term. It also cautioned that long-term debt sustainability risks are high due to the significant investment required to meet India's climate change mitigation targets. The Indian government, however, disagreed, arguing that risks from sovereign debt are extremely limited as it is predominantly denominated in domestic currency.