News for 'exchange rate'

Nifty hits life-time high, Sensex jumps 493 points

Nifty hits life-time high, Sensex jumps 493 points

Rediff.com1 Dec 2023

Among the Sensex firms, ITC, NTPC, Axis Bank, Larsen & Toubro, Bajaj Finance, Asian Paints and Tata Steel were the major gainers. Mahindra & Mahindra, Wipro, Maruti, IndusInd Bank, Kotak Mahindra Bank and HDFC Bank were among the laggards.

Travelling? Don't End Up With A Lemon

Travelling? Don't End Up With A Lemon

Rediff.com12 Oct 2023

Choose a higher sum insured if you are going on a long trip, and if your age is above 45.

MFs Vs NPS? What Suits YOU?

MFs Vs NPS? What Suits YOU?

Rediff.com3 Jun 2024

Ramalingam Kalirajan explains the pros and cons of both investment types.

The Real Hero of the Economic Reforms

The Real Hero of the Economic Reforms

Rediff.com9 Jul 2021

It is time for the three finance ministers of the 1990s to reveal the real hero, says T C A Srinavasa-Raghavan.

Rs fall to have limited benefit for exports

Rs fall to have limited benefit for exports

Rediff.com24 May 2012

But weak global demand, costly imports play spoilsport

Need to avoid beggar-thy-neighbour policies: Rajan

Need to avoid beggar-thy-neighbour policies: Rajan

Rediff.com8 Jan 2016

Indian capital markets joined the global sell-off sparked by China growth concerns

Softer US inflation, drop in yields prop up domestic markets

Softer US inflation, drop in yields prop up domestic markets

Rediff.com23 Nov 2023

Equity markets rallied after softer-than-expected inflation data in the US and UK rekindled hopes of the end of the rate-hiking cycle by major central banks. The soft inflation reading drove down bond yields and the US dollar, whetting the appetite for risky assets. The 10-year US bond yield fell below 4.5 per cent after topping 5 per cent less than a month ago.

BSE, NSE to remain closed on Jun 29 on account of Bakrid

BSE, NSE to remain closed on Jun 29 on account of Bakrid

Rediff.com27 Jun 2023

Leading bourses BSE and NSE and money markets will remain closed on Thursday on account of Eid al-Adha also known as Bakrid. Earlier, the holiday was scheduled for June 28. The markets are now open on Wednesday. The change came after the Maharashtra government declared June 29 a public holiday as the festival of Bakrid falls on this day instead of June 28 declared earlier.

PIX: Ashutosh sizzles but Punjab Kings fall short vs MI

PIX: Ashutosh sizzles but Punjab Kings fall short vs MI

Rediff.com19 Apr 2024

IMAGES from the IPL match between Punjab Kings and Mumbai Indians played in Mullanpur on Thursday

7 Steps To Review Your Financial Goals

7 Steps To Review Your Financial Goals

Rediff.com17 May 2024

Dwaipayan Bose simplifies the whys and hows of revisiting your financial goals

EPFO retains 8.5% interest rate for 2019-20

EPFO retains 8.5% interest rate for 2019-20

Rediff.com31 Dec 2020

Retirement fund body EPFO has retained 8.5 per cent interest rate on employees' provident fund (EPF) for 2019-20 for its over six crore members as decided earlier, and also began crediting the same into their accounts on Thursday. A large number of the members of the Employees' Provident Fund Organisation (EPFO) would be able to see their updated EPF accounts with credit of 8.5 per cent interest for 2019-20, from Friday, a senior official told PTI. The official further said the labour ministry has already sent the direction to credit the 8.5 per cent interest on EPF for 2019-20 to the EPFO, and the body has already started crediting interest into the members' account for the last financial year.

Why there is a case for further rate cut in next RBI policy

Why there is a case for further rate cut in next RBI policy

Rediff.com2 Feb 2015

This time, RBI can cut rates to reflect the improved fundamentals and to further shrink the arbitrage window.

If Inflation Is Here, Can Social Conflict Be Behind?

If Inflation Is Here, Can Social Conflict Be Behind?

Rediff.com9 May 2023

For all its claims to economic glory, the majority of India's population lives vulnerable lives, a situation that has only worsened over the past 15 years, to the extent that the government now fears to release economic data or even conduct a proper Census, notes Rathin Roy.

Sensex ends down 571 points; ICICI Bank sinks 2.81%

Sensex ends down 571 points; ICICI Bank sinks 2.81%

Rediff.com21 Sep 2023

ICICI Bank was the biggest loser in the Sensex pack, slipping 2.81 per cent, followed by Mahindra & Mahindra, State Bank of India, UltraTech Cement, IndusInd Bank, Kotak Mahindra Bank, Tata Motors, Bajaj Finserv, Axis Bank and Power Grid. Tech Mahindra, Bharti Airtel, Infosys, Asian Paints, Hindustan Unilever, Larsen & Toubro and Titan were the gainers.

Crew Review: Enjoyable!

Crew Review: Enjoyable!

Rediff.com29 Mar 2024

You do get your money's worth simply watching these girls do what they are best at: Entertainment, feels Divya Nair.

Sensex tumbles 796 points; Nifty closes below 20K

Sensex tumbles 796 points; Nifty closes below 20K

Rediff.com20 Sep 2023

Among the Sensex firms, HDFC Bank emerged as the biggest loser, falling 4 per cent. JSW Steel, Reliance Industries, UltraTech Cement, Maruti, Tata Steel, Wipro, Tech Mahindra, Bharti Airtel and Larsen & Toubro were the other major laggards. Power Grid, Asian Paints, Sun Pharma, Axis Bank, NTPC, ITC and Infosys were among the gainers.

Sensex ends up 92 points in volatile trade

Sensex ends up 92 points in volatile trade

Rediff.com22 Nov 2023

Among the Sensex firms, Infosys, NTPC, Power Grid, Titan, ITC, Tech Mahindra, Hindustan Unilever, Axis Bank, Tata Consultancy Services, Bajaj Finserv, Reliance Industries and UltraTech Cement were the biggest gainers. In contrast, IndusInd Bank, Kotak Mahindra Bank, Mahindra & Mahindra, JSW Steel, HDFC Bank and Maruti were the major laggards.

Fundraising via QIPs gain traction as India Inc looks for growth capital

Fundraising via QIPs gain traction as India Inc looks for growth capital

Rediff.com5 Mar 2024

Equity fundraising through qualified institutional placements (QIPs) has gained traction, thanks to supportive equity markets and the need for fresh fundraising to meet capital expenditure (capex) requirements.

Sensex up 276 points; banking, metal shares shine

Sensex up 276 points; banking, metal shares shine

Rediff.com21 Nov 2023

Among the Sensex firms, JSW Steel, Titan, Tata Steel, Sun Pharma, Reliance Industries, Bharti Airtel, Tata Motors and HDFC Bank were the biggest gainers. NTPC, Tech Mahindra, Maruti, State Bank of India and Larsen & Toubro were among the laggards.

Why Should You Go For Gold Bonds?

Why Should You Go For Gold Bonds?

Rediff.com17 Nov 2023

'It is the best avenue for investors who would like to take long-term exposure to gold.'

Should You Invest In SSY?

Should You Invest In SSY?

Rediff.com19 Jan 2024

It is a good option for parents of girl children who want a debt product and do not mind its low liquidity.

NBFC business has to hit the reset button after RBI strengthens norms

NBFC business has to hit the reset button after RBI strengthens norms

Rediff.com11 Dec 2023

"We will raise Rs 300 crore via bonds of two-, three- and five-year tenures. This will be our maiden bond issuance and is part of our effort to widen funding sources," says Vimal Bhandari, executive vice-chairman and chief executive officer (CEO), Arka Fincap. The firm, a subsidiary of Kirloskar Oil, is only five years old and small (assets of around Rs 5,000 crore with an "AA" rating), but the response to this float will be closely watched: It would be the first by a non-banking finance company (NBFC) after Mint Road upped the risk weights on bank exposures to them by 25 percentage points. The move by the Reserve Bank of India (RBI) has caught NBFCs off guard even though the issue had been flagged by Governor Shaktikanta Das with their corner-room occupants (and that of banks) in July and August 2023 - on consumer credit and the dependency on bank borrowings.

'RBI may hold rates in 2016 on inflationary risks'

'RBI may hold rates in 2016 on inflationary risks'

Rediff.com8 Dec 2015

RBI may go for a 25-basis point cut at its February policy meet.

'Nuclear Has To Get Into Achche Din'

'Nuclear Has To Get Into Achche Din'

Rediff.com20 May 2024

'Chinese are going bang, bang, bang building 30-35 reactors.' 'We should announce a programme of 50 new reactors and show that we mean business on the ground and not just announcements.'

'In an election year, markets flourish'

'In an election year, markets flourish'

Rediff.com23 Feb 2024

'Historically, the markets tend to perform well during election years as governments aim to increase spending and call attention to growth.'

MCX-Stock Exchange takes Sebi to court

MCX-Stock Exchange takes Sebi to court

Rediff.com21 Jul 2010

The MCX Stock Exchange has dragged the market regulator to court. In a writ petition filed on July 16 in the Bombay High Court, the exchange has sought a response from the Securities and Exchange Board of India on its application for permission to operate as a full-fledged stock exchange.

Financial, IT stocks drag Sensex down by 366 points

Financial, IT stocks drag Sensex down by 366 points

Rediff.com25 Aug 2023

From the Sensex pack, Larsen & Toubro, JSW Steel, IndusInd Bank, Power Grid, ITC, Mahindra & Mahindra, NTPC, HDFC Bank, ITC, Reliance Industries and Tata Motors were among the major laggards. Bajaj Finserv, Asian Paints Bajaj Finance, Bharti Airtel and Axis Bank were among the gainers.

Maruti India's gearshift to growth: Turbocharging the product portfolio

Maruti India's gearshift to growth: Turbocharging the product portfolio

Rediff.com1 Apr 2024

The stock of the country's largest passenger vehicle maker, Maruti Suzuki India (MSIL), has been hitting successive all-time highs over the past three trading sessions. The rally in the scrip has helped it notch over a 21 per cent gain since the start of February, outperforming the National Stock Exchange Nifty Auto Index. The gains for the leader of small passenger cars have been more recent, as the company still trails the Nifty Auto over one- and two-year periods.

Know all about China's new currency policy

Know all about China's new currency policy

Rediff.com31 Aug 2011

The country might favour a stronger renminbi against the US dollar for a variety of reasons.

RBI may eventually tighten rates to tame inflation: HSBC

RBI may eventually tighten rates to tame inflation: HSBC

Rediff.com17 Apr 2014

According to the global financial services major, inflation may remain sticky, with a possible El Nino effect on the monsoon likely to push up food prices and geopolitical uncertainties seen pumping up global commodity rates.

IT stocks lift markets to new lifetime highs; Sensex soars 847 points

IT stocks lift markets to new lifetime highs; Sensex soars 847 points

Rediff.com12 Jan 2024

The other prominent gainers were Tech Mahindra, HCL Technologies, Wipro, State Bank of India and Larsen & Toubro. Bajaj Finserv, Power Grid, UltraTech Cement and HDFC Bank were among the laggards.

Realty stocks' rally may hit valuation hurdle

Realty stocks' rally may hit valuation hurdle

Rediff.com18 Jan 2024

Shares of real estate firms have been outperforming over the past year. The rally, analysts say, may hit roadblocks in the near term amid stretched valuations, even as the long-term prospects for the sector remain ebullient. "Most of the positive news flow is already in the price. Hence, investors sitting on hefty profits may partially cash out at current levels," suggests V K Vijayakumar, chief investment strategist at Geojit Financial Services.

Markets in bear hug; weak global trends, crude prices weigh

Markets in bear hug; weak global trends, crude prices weigh

Rediff.com20 Oct 2023

Benchmark stock indices Sensex and Nifty fell for the third day running on Friday due to weak trends in global markets and soaring crude oil prices. Foreign fund outflows also weighed on investor sentiments amid strengthening US bond yields which are nearing 5 per cent for the first time since 2007. The 30-share BSE Sensex fell 231.62 points or 0.35 per cent to settle at 65,397.62.

BJP election victories fire up market, 'boost' investor sentiment

BJP election victories fire up market, 'boost' investor sentiment

Rediff.com12 Dec 2023

Brokerages believe that the Bharatiya Janata Party's (BJP's) stronger-than-expected showing in state elections reduces political risks for the domestic markets going into 2024. However, after the short-term excitement, the focus will soon shift to earnings, global liquidity conditions, and the interest rate trajectory. "BJP's win in the three state elections is much better than what exit polls suggested and reinforces the consensus expectations of a Modi win in the 2024 national elections with a greater likelihood of 300+ seats for the BJP.

Street Signs: Zomato's share snapback, DOMS soars at 60%, and more

Street Signs: Zomato's share snapback, DOMS soars at 60%, and more

Rediff.com18 Dec 2023

After a sharp rally in the equities market this year, investors could be better off rotating some funds towards the debt market. Experts believe several tailwinds could spur bond market returns over the next 12-18 months. These include India's robust macroeconomics, declining inflation, and the imminent passive flows of close to Rs 2.5 trillion on account of domestic sovereign bonds getting included in the JP Morgan global indices.

The secret to getting back India's golden growth

The secret to getting back India's golden growth

Rediff.com16 May 2016

The revival of long-term growth is highly dependent on the revival of private investment.

'Gita is one of the world's outstanding economists'

'Gita is one of the world's outstanding economists'

Rediff.com19 Oct 2018

Although the first woman to hold the position of chief economist at IMF, it would be wrong to see her appointment through the lens of gender

A record-setting year; markets surged by up to 20%

A record-setting year; markets surged by up to 20%

Rediff.com29 Dec 2023

Among the Sensex firms, State Bank of India, Infosys, Titan, Tech Mahindra, IndusInd Bank, NTPC, ICICI Bank, Power Grid, Reliance Industries and Kotak Mahindra Bank were the major laggards. On the other hand, Tata Motors, Nestle, Hindustan Unilever, Tata Steel, Bajaj Finance and UltraTech Cement were among the gainers.

Govt wanted Rs 3 lakh cr from RBI ahead of 2019 polls: Ex-Deputy Guv

Govt wanted Rs 3 lakh cr from RBI ahead of 2019 polls: Ex-Deputy Guv

Rediff.com7 Sep 2023

The Reserve Bank (RBI) resisted a 'raid' planned by some in the government to extract Rs 2-3 lakh crore from its balance sheet in 2018 to meet populist spending in run-up to general elections, Viral Acharya, who was deputy governor at RBI at that time, has written.

Like Deepika's GLAM Look? VOTE!

Like Deepika's GLAM Look? VOTE!

Rediff.com28 Jan 2022

As Deepika Padukone promotes Gehraiyaan, she's beginning to look like a fashion magazine!