News for 'foreign exchange'

RBI to regulate foreign exchange futures

RBI to regulate foreign exchange futures

Rediff.com22 Oct 2007

In a meeting between the central bank and market participants last week, it was also decided that futures would be introduced both as an exchange-traded product and over the counter. The RBI will also be reviving interest rate futures that were introduced in 2003, but failed to take off due to the lack of a well-developed pricing curve in the market across maturiites.

India's mindset must change; Awami League era over in B'adesh: Tarique aide

India's mindset must change; Awami League era over in B'adesh: Tarique aide

Rediff.com15 Feb 2026

Following the BNP's victory in recent elections, Bangladesh is seeking to reset its relationship with India, emphasizing mutual benefit and a recognition of the changed political landscape.

Iran's supreme leader accepts thousands killed in unrest

Iran's supreme leader accepts thousands killed in unrest

Rediff.com18 Jan 2026

Iran's Supreme Leader Ayatollah Ali Khamenei has publicly acknowledged for the first time that thousands of people were killed during recent nationwide protests, marking an unusual admission from the clerical leadership amid a fierce crackdown that has drawn international attention, reports Fox News.

Forex reserves drop $4.39 bn to $690.72 bn

Forex reserves drop $4.39 bn to $690.72 bn

Rediff.com29 Aug 2025

India's forex reserves dropped $4.39 billion to $690.72 billion for the week ended August 22, the Reserve Bank of India (RBI) said on Friday. The overall reserves had jumped $1.49 billion to $695.11 billion in the previous reporting week.

Sensex rallies 638 pts, Nifty settles above 26,000

Sensex rallies 638 pts, Nifty settles above 26,000

Rediff.com22 Dec 2025

From the 30-Sensex firms, Trent, Infosys, Bharti Airtel, Tech Mahindra, Bharat Electronics and Maruti were among the biggest gainers. However, State Bank of India, Kotak Mahindra Bank, Larsen & Toubro and Titan were the laggards.

Sensex jumps 487 points on optimism over India-EU FTA

Sensex jumps 487 points on optimism over India-EU FTA

Rediff.com28 Jan 2026

From the 30-Sensex firms, Bharat Electronics surged nearly 9 per cent post its December quarter earnings. Eternal, Bajaj Finance, Power Grid, Trent, Mahindra & Mahindra and UltraTech Cement were the other major gainers. Maruti, Sun Pharma, Infosys and Bharti Airtel were among the other laggards.

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.

India, US in talks for mutually beneficial trade agreement

India, US in talks for mutually beneficial trade agreement

Rediff.com30 Jan 2026

The Indian government informed Parliament that India and the US are engaged in negotiations for a mutually beneficial multi-sectoral bilateral trade agreement. The two countries also cooperate on strategic, economic, and defense matters, managing divergences through high-level dialogues.

Sensex slips below 82K amid widespread sell-off

Sensex slips below 82K amid widespread sell-off

Rediff.com23 Jan 2026

Market sentiment is likely to remain cautious as investors position themselves for the upcoming Union Budget and the US Fed's interest rate decision, where expectations are muted.

Sensex ends in red; ITC is biggest drag

Sensex ends in red; ITC is biggest drag

Rediff.com1 Jan 2026

From the 30-Sensex firms, ITC tanked 9.69 per cent, following Bajaj Finance, Asian Paints, Bharat Electronics and ICICI Bank. In contrast, NTPC, Eternal, Mahindra & Mahindra, Larsen & Toubro and Power Grid were among the gainers.

India rejects IMF view that US tariffs will stay indefinitely, hit growth

India rejects IMF view that US tariffs will stay indefinitely, hit growth

Rediff.com27 Nov 2025

The Indian government has expressed its disagreement with the IMF staff's 'baseline' assumption that the 50 per cent US tariffs on its goods exports 'would remain in place indefinitely', based on which the staff pegged the country's GDP growth at 6.6 per cent this year, and pared its 2026-27 projection by 20 basis points to 6.2 per cent.

Sensex down 102 points on geopolitical concerns

Sensex down 102 points on geopolitical concerns

Rediff.com7 Jan 2026

From the 30-Sensex firms, Maruti, Power Grid, Tata Motors Passenger Vehicles, HDFC Bank, Asian Paints and Tata Steel were among the biggest laggards. However, Titan, HCL Tech, Tech Mahindra, Infosys and Tata Consultancy Services were among the gainers.

Sensex, Nifty tank nearly 1%

Sensex, Nifty tank nearly 1%

Rediff.com9 Jan 2026

From the 30-Sensex firms, NTPC, ICICI Bank, Adani Ports, Bharti Airtel, Sun Pharma and Bajaj Finance were among the biggest laggards. However, Asian Paints, HCL Tech, Bharat Electronics and Reliance Industries were among the gainers.

Forex reserves rise by $1.49 bn to $695.1 bn

Forex reserves rise by $1.49 bn to $695.1 bn

Rediff.com22 Aug 2025

India's forex reserves rose by $1.49 billion to $695.106 billion during the week ended August 15, according to RBI data released on Friday. In the previous reporting week, the overall reserves had increased by $4.75 billion to $693.62 billion.

STT hike in F&O to deter speculative trading: FM

STT hike in F&O to deter speculative trading: FM

Rediff.com1 Feb 2026

Finance Minister Nirmala Sitharaman on Sunday announced an increase in the Securities Transaction Tax (STT) on Futures and Options trade with a view to discouraging small investors from speculative trading in derivatives, which led to a sharp decline in the stock market.

ED grills BJP worker who filed case over Rahul's citizenship

ED grills BJP worker who filed case over Rahul's citizenship

Rediff.com9 Sep 2025

The Enforcement Directorate has summoned a Karnataka BJP worker who had petitioned the Allahabad High Court claiming that Congress leader Rahul Gandhi is a British citizen. The probe is related to alleged violations of the Foreign Exchange Management Act (FEMA).

Energy, banking and metal stocks push Sensex up 302 points

Energy, banking and metal stocks push Sensex up 302 points

Rediff.com12 Jan 2026

From the 30-Sensex firms, Tata Steel, Asian Paints, Trent, State Bank of India, Hindustan Unilever, UltraTech Cement, ICICI Bank and Bharti Airtel were among the gainers. On the other hand, Infosys, Bajaj Finance, Bharat Electronics, Larsen & Toubro and HDFC Bank were the laggards.

T20 World Cup: Clinical India hammer Pakistan to qualify for Super 8s

T20 World Cup: Clinical India hammer Pakistan to qualify for Super 8s

Rediff.com15 Feb 2026

Super Kishan, Bumrah-led bowlers give India thumping 61-run win over Pakistan

Factors that will guide the markets this week

Factors that will guide the markets this week

Rediff.com17 Nov 2025

Domestic PMI data, US Federal Reserve meeting minutes and the progress on India-US trade deal negotiations are likely to influence movement in the equity market in the week ahead, according to analysts. Moreover, the trading activity of foreign investors would also influence the equity market trends.

Govt introduces bill to open civil nuclear sector to private players

Govt introduces bill to open civil nuclear sector to private players

Rediff.com15 Dec 2025

The Indian government has introduced a bill to overhaul the civil nuclear sector, allowing private participation and establishing a new liability regime. The SHANTI Bill, 2025, aims to repeal existing acts and address industry concerns.

After Modi-Xi meet, India-China Beijing talks record steady progress

After Modi-Xi meet, India-China Beijing talks record steady progress

Rediff.com13 Dec 2025

Senior officials from India and China's foreign ministries met in Beijing to discuss bilateral ties following a meeting between Prime Minister Modi and President Xi.

NRIs can now invest in corp debt from special rupee vostro accounts

NRIs can now invest in corp debt from special rupee vostro accounts

Rediff.com3 Oct 2025

Earlier, such entities were only permitted to invest their rupee surplus balance in accounts in central government securities, including treasury bills. "It has now been decided to also permit investment of these balances in non-convertible debentures/bonds and commercial papers issued by an Indian company," the RBI said.

8 To 1 Trump Won't Start A Gulf War

8 To 1 Trump Won't Start A Gulf War

Rediff.com12 Feb 2026

The threat of wars hovers over the negotiations in Oman, but the good part is that Trump called the talks to be 'very good' and Iran's President Masoud Pezeshkian responded that they 'constitute a step forward', points out Ambassador M K Bhadrakumar.

Gsec yield curve may flatten in FY27

Gsec yield curve may flatten in FY27

Rediff.com26 Dec 2025

The government bond yield curve is likely to flatten in the financial year 2027 (FY27) as the Reserve Bank of India (RBI) is expected to ease supply pressure in the ultra-long segment. In FY26 so far, reduced investments by insurance companies and pension funds pushed up yields on ultra-long tenor securities, steepening the curve.

Weaker Rupee: Plan Overseas Goals

Weaker Rupee: Plan Overseas Goals

Rediff.com26 Dec 2025

Investors must account for currency depreciation in their financial plans and use instruments that can cushion the erosion in purchasing power.

Pakistan backs Chinese claim of mediation during Operation Sindoor

Pakistan backs Chinese claim of mediation during Operation Sindoor

Rediff.com3 Jan 2026

Pakistan has backed China's claim that Beijing played a role in defusing tension with India during Operation Sindoor, calling it 'diplomacy for peace' that was part of international efforts.

Iran says forces ready for war; accuses US, Israel of stoking unrest

Iran says forces ready for war; accuses US, Israel of stoking unrest

Rediff.com13 Jan 2026

Baghaei also alleged that recent unrest in Iran was fuelled by foreign interference, claiming riots were triggered by "very evident" interventionist remarks by US and Israeli officials.

Stock markets end higher on rally in Infosys shares

Stock markets end higher on rally in Infosys shares

Rediff.com16 Jan 2026

Tech Mahindra, HCL Tech, State Bank of India, UltraTech Cement and HDFC Bank were also among the gainers. In contrast, Eternal, Asian Paints, Bharat Electronics, Sun Pharma and Maruti were among the laggards.

Sensex gains 398 points on easing of geopolitical tensions

Sensex gains 398 points on easing of geopolitical tensions

Rediff.com22 Jan 2026

Benchmark equity indices Sensex and Nifty rebounded on Thursday after three sessions of losses, tracking gains in global markets after US President Donald Trump struck a conciliatory tone on Greenland. In a volatile session, the 30-share BSE Sensex climbed 397.74 points, or 0.49 per cent, to close at 82,307.37.

Economy picked up steam in Oct on GST rejig, festival spends

Economy picked up steam in Oct on GST rejig, festival spends

Rediff.com25 Nov 2025

Notwithstanding global headwinds, the Indian economy saw further momentum in October on the back of goods and services tax (GST) rate rationalisation and festival spending, as indicated by high-frequency indicators, the Reserve Bank of India's (RBI's) monthly State of the Economy report said.

Beijing dodges India's Indus Treaty move at China-Pak strategic talks

Beijing dodges India's Indus Treaty move at China-Pak strategic talks

Rediff.com5 Jan 2026

China and Pakistan concluded their strategic dialogue, reiterating their opposition to unilateral actions in South Asia and discussing Kashmir, Afghanistan, and trilateral cooperation.

Proposed Nuclear Bill Caps Liability At 3,000 Cr

Proposed Nuclear Bill Caps Liability At 3,000 Cr

Rediff.com16 Dec 2025

The operator's liability in the case of an incident is limited to 3,000 crore for reactors with thermal power above 3,600 Megawatt; 1,500 crore for reactors with thermal power between 1,500 Mw and 3,600 Mw; 750 crore for reactors with thermal power between 750 Mw and 1,500 Mw; 300 crore for reactors with thermal power between 150 Mw and 750 Mw; and 100 crore for reactors having thermal power up to 150 Mw, fuel cycle facilities other than spent fuel reprocessing plants and transportation of nuclear materials.

Nifty hits record intra-day high; Sensex jumps 573 points

Nifty hits record intra-day high; Sensex jumps 573 points

Rediff.com2 Jan 2026

From the 30-Sensex firms, NTPC, Trent, Bajaj Finance, Power Grid, Maruti, State Bank of India, ICICI Bank and Bharat Electronics were among the biggest gainers. In contrast, ITC, Kotak Mahindra Bank, Titan Company, Axis Bank and Bharti Airtel were the laggards.

Eight soldiers injured in encounter with terrorists in J-K

Eight soldiers injured in encounter with terrorists in J-K

Rediff.com18 Jan 2026

The intense exchange of fire between the two sides lasted several hours before the guns fell silent. Reinforcements have been deployed to strengthen the cordon and neutralise the terrorists, the officials said.

Sensex dives 765 points amid foreign fund exodus, tariff jitters

Sensex dives 765 points amid foreign fund exodus, tariff jitters

Rediff.com8 Aug 2025

From the Sensex firms, Bharti Airtel, Tata Motors, Mahindra & Mahindra, Kotak Mahindra Bank, Axis Bank and Reliance Industries were among the laggards. However, NTPC, Titan, Trent, ITC and Bajaj Finserv were the gainers.

RBI announces slew of measures to promote rupee

RBI announces slew of measures to promote rupee

Rediff.com1 Oct 2025

In a bid to promote the use of domestic currency for cross-border settlements, the Reserve Bank on Wednesday announced a slew of measures, including allowing banks to lend in Indian Rupees to non-residents from Bhutan, Nepal and Sri Lanka for bilateral trade.

Sebi mulls single window gateway for low risk foreign investors

Sebi mulls single window gateway for low risk foreign investors

Rediff.com11 Aug 2025

Markets regulator Sebi has proposed introducing a single window access for low risk foreign investors seeking to participate in the Indian securities market, a move aimed at simplifying compliance and enhancing the country's attractiveness as an investment destination.

Sensex down 322 points on selling in blue-chips

Sensex down 322 points on selling in blue-chips

Rediff.com5 Jan 2026

From the 30-Sensex firms, HDFC Bank, Infosys, HCL Tech, Bajaj Finance, Tata Consultancy Services and Reliance Industries were among the biggest laggards. In contrast, Bharat Electronics, Hindustan Unilever, Tata Steel and UltraTech Cement were among the gainers.

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.

Now, Trump hints at action in Colombia; sparks backlash

Now, Trump hints at action in Colombia; sparks backlash

Rediff.com5 Jan 2026

United States President Donald Trump ignited controversy after making sharp and unprecedented remarks about Colombia during a brief exchange with reporters.