News for 'indian currency'

In Rio, BRICS to echo India's voice on terror, condemn Pahalgam attack

In Rio, BRICS to echo India's voice on terror, condemn Pahalgam attack

Rediff.com30 Jun 2025

The formulations in the declaration in reference to terrorism is going to be to our "satisfaction", Dammu Ravi, secretary (economic relations) in the external affairs ministry said on Monday.

2 years after getting $8 bn, Reliance raises $2.9 bn offshore loan

2 years after getting $8 bn, Reliance raises $2.9 bn offshore loan

Rediff.com16 May 2025

About 55 banks participated in the deal, making it the largest bank group for a syndicated loan in Asia so far this year.

Why Chase The Black Box?

Why Chase The Black Box?

Rediff.com12 Aug 2025

Why not stream all the data in real time to multiple recipients? It would make the investigation of aviation incidents much easier and far more transparent, recommends Devangshu Datta.

Rupee tumbles 3% in 2024; turbulence to ebb in 2025

Rupee tumbles 3% in 2024; turbulence to ebb in 2025

Rediff.com29 Dec 2024

The rupee tumbled 3 per cent against the US dollar in 2024 as concerns over slower economic growth and a stronger greenback in global markets weighed, but it was among the least volatile currencies in the world and the headwinds may be less intense in the coming year.

FY26 may be another slow year for IT firms

FY26 may be another slow year for IT firms

Rediff.com1 Aug 2025

The information technology (IT) services industry may be headed for another year of sluggish growth. Based on the results of the top five IT services companies for the first quarter of 2025-26 (Q1FY26), analysts say the possibility of hitting high single-digit revenue growth in FY26 looks unlikely.

India's top IT cos wrap up Q1 with single-digit topline growth

India's top IT cos wrap up Q1 with single-digit topline growth

Rediff.com28 Jul 2025

India's top IT services firms delivered single-digit revenue growth in April-June, capping off a mixed, somewhat-sobering quarter as macroeconomic instability and geopolitical tensions weighed on global tech demand and delayed client decisionmaking. Management commentary painted a mixed picture, caution prevailed, yet industry CEOs also emphasised cost optimisation, vendor consolidation, and opportunities in AI makeovers.

Why Is The US So Fond Of Asim Munir?

Why Is The US So Fond Of Asim Munir?

Rediff.com12 Aug 2025

Sections in the US State Department and Pentagon have always felt more comfortable dealing with all powerful Pakistani generals instead of elected civilians, points out Rana Banerji, who headed the Pakistan desk at RA&W.

'Pakistan Can't Afford To Annoy America'

'Pakistan Can't Afford To Annoy America'

Rediff.com11 Aug 2025

'America holds about 16% of IMF voting rights, giving it crucial influence over Pakistan's desperately needed bailout loans.'

Cognizant Q1 net income rises 21.4%

Cognizant Q1 net income rises 21.4%

Rediff.com2 May 2025

Information-technology (IT) services major Cognizant has kept its full-year guidance on revenue growth unchanged at 3.5-6 per cent in constant currency even as the industry is becoming cautious about macro conditions because of tariff wars.

EB-5 Visa Becoming Preferred Choice For US Migration

EB-5 Visa Becoming Preferred Choice For US Migration

Rediff.com24 Jun 2025

With more than 1.2 million Indians stuck in green card backlogs, investor-driven EB-5 programme sees rising interest as a secure route for migration to the US.

How much money did the FPIs withdraw from Indian equities?

How much money did the FPIs withdraw from Indian equities?

Rediff.com5 Jan 2025

Foreign investors pulled out Rs 4,285 crore from Indian equities in the first three trading days of the month driven by apprehensions ahead of the third-quarter earnings season and high valuations of domestic stocks. This came following an investment of Rs 15,446 crore in the entire December, data with the depositories showed.

Legal experts hail CJI's decision on Delhi HC judge cash row

Legal experts hail CJI's decision on Delhi HC judge cash row

Rediff.com23 Mar 2025

Legal experts have lauded Chief Justice of India Sanjiv Khanna's decision to make public crucial documents related to a controversy surrounding the alleged discovery of cash from Delhi High Court judge Yashwant Varma's residence. They also welcomed the formation of an in-house committee to further investigate the matter. While some expressed concerns about the incident's impact on the judiciary's image, others emphasized the need for transparency and a fair inquiry. The Supreme Court released the inquiry report by Delhi High Court Chief Justice D K Upadhyaya, which included photos and videos of the alleged cash discovery. Justice Varma has denied the allegations, calling them a "conspiracy to frame and malign him."

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.

'Companies Will Be More Powerful Than Nations'

'Companies Will Be More Powerful Than Nations'

Rediff.com19 Aug 2025

'If you align your ambition with India's rise, the peak of your careers will unfold alongside the peak of India's power.'

Cash row judge sworn-in 'clandestinely', claims Bar Association

Cash row judge sworn-in 'clandestinely', claims Bar Association

Rediff.com5 Apr 2025

The Allahabad High Court Bar Association (HCBA) has condemned the "clandestine" manner in which Justice Yashwant Varma, who was transferred from the Delhi High Court amid cash-at-home allegations, was administered the oath of office. The HCBA, which had opposed the judge's repatriation, questioned why the oath was not notified to the Bar and alleged that the move has further eroded public trust in the judicial system. The HCBA has urged the Chief Justice of the Allahabad High Court not to assign any administrative or judicial work to Justice Varma. The incident of cash recovery has reignited debate over the issue of judicial accountability, with calls for stringent action to restore faith in the judiciary.

Mishaps push up helicopter insurance premiums

Mishaps push up helicopter insurance premiums

Rediff.com27 Jun 2025

Additionally, rates in the aviation sector are also expected to increase due to huge claim outgo in the Air India crash.

The Train Action That Inspired Bhagat Singh

The Train Action That Inspired Bhagat Singh

Rediff.com11 Aug 2025

One hundred years ago, a group of 10 revolutionaries carried out an operation that shook the British Empire. Utkarsh Mishra revisits the 'Kakori Conspiracy Case', a turning point in the armed struggle for independence.

Rupee may depreciate to 84.5 against US dollar by end of December

Rupee may depreciate to 84.5 against US dollar by end of December

Rediff.com25 Nov 2024

The Indian rupee is likely to depreciate further against the US dollar through the end of 2024. This is due to the continued strengthening of the greenback, combined with the weakening of the Chinese yuan, which is expected to keep pressure on the Indian currency.

CBI repatriation rate doubles, brings back 134 over 5 years

CBI repatriation rate doubles, brings back 134 over 5 years

Rediff.com17 Jul 2025

The CBI has significantly increased the rate of fugitive repatriation, bringing back 134 individuals in the last five years, doubling the number from the previous decade. This success is attributed to enhanced diplomatic efforts, technological advancements, and improved coordination with Interpol.

RBI Forex Intervention Hits Highest In 17 Years

RBI Forex Intervention Hits Highest In 17 Years

Rediff.com23 May 2025

In response to the panic triggered by Trump's trade policies, the RBI net sold approximately $43 billion in the second half of FY25 to curb volatility, as the rupee plunged to a low of 87.95 per dollar in February this year.

Sensex jumps 1,000 points; Nifty surges over 1%

Sensex jumps 1,000 points; Nifty surges over 1%

Rediff.com26 Jun 2025

From the Sensex constituents, Tata Steel, Bajaj Finance, Bharti Airtel, Adani Ports, Eternal, Bajaj Finserv, NTPC, HDFC Bank, Reliance Industries and Axis Bank were among the major gainers. In contrast, Trent, State Bank of India, Tech Mahindra, Maruti and Mahindra & Mahindra were among the laggards.

Myanmar-linked arms smuggling racket busted in Manipur

Myanmar-linked arms smuggling racket busted in Manipur

Rediff.com6 Jul 2025

Security agencies in Manipur are investigating an arms smuggling racket originating from Myanmar, with potential nationwide implications. The probe follows the arrest of a senior leader from a Valley-based Insurgent Group (VBIG).

Why So Much Hatred For English?

Why So Much Hatred For English?

Rediff.com21 Jul 2025

There is no guarantee that if we speak in only Indian languages, all our faults will be washed away and India will shine. Why then do they bully and belittle the English-speaking? asks Shyam G Menon.

Cash row: HC probe report, SC video cast doubt on Delhi fire chief's claim

Cash row: HC probe report, SC video cast doubt on Delhi fire chief's claim

Rediff.com23 Mar 2025

A video and inquiry report have raised questions about the Delhi Fire Services' claim that no cash was found at the official residence of Delhi High Court judge Justice Yashwant Varma during a fire incident on March 14. The video, which has gone viral on social media, shows fire fighters dousing flames on articles that appear to include half-burnt Indian currency notes. The Delhi High Court Chief Justice has initiated an in-house inquiry against Justice Varma and the Supreme Court has proposed his transfer to the Allahabad High Court.

BFI vs IOA: Why Indian boxing is in turmoil

BFI vs IOA: Why Indian boxing is in turmoil

Rediff.com25 Feb 2025

Abuse of power, financial misconduct, and the never-ending turf wars are now coming to light as Boxing Federation of India's officials jostle to escape blame for the shocking turn of events.

Performance is my only currency: Virat Kohli

Performance is my only currency: Virat Kohli

Rediff.com18 May 2024

Virat Kohli says he doesn't need either approval or assurance from anyone on his capability.

'Investors: Stay Calm. Avoid Speculative Investment Behaviour'

'Investors: Stay Calm. Avoid Speculative Investment Behaviour'

Rediff.com8 Apr 2025

'My advice: Don't mark your portfolio to market every day. Focus on survival.'

'Smuggler' Kannada actress earned Rs 12 lakh for each Dubai trip

'Smuggler' Kannada actress earned Rs 12 lakh for each Dubai trip

Rediff.com6 Mar 2025

Kannada actress Ranya Rao's frequent trips to Dubai have come under intense scrutiny following her arrest for allegedly smuggling gold into India.

Consistently healthy performance behind Marico's high stock valuation

Consistently healthy performance behind Marico's high stock valuation

Rediff.com13 May 2025

Marico reported consolidated revenue growth of 20 per cent year-on-year (Y-o-Y) during the January-March quarter (Q4) of FY25. Domestic revenue surged 23 per cent Y-o-Y, while volume growth was 7 per cent. International growth stood at 11 per cent (16 per cent in constant currency growth).

Cash row: Probe in crucial second stage, findings to decide judge's fate

Cash row: Probe in crucial second stage, findings to decide judge's fate

Rediff.com23 Mar 2025

A three-member panel led by the Chief Justice of India (CJI) Sanjiv Khanna has been formed to probe the discovery of "four to five semi-burnt sacks" of Indian currency notes found after a fire at the residence of Delhi High Court judge Yashwant Varma. The incident, which occurred on March 14, has triggered an in-house inquiry, with the findings determining the judge's fate. The panel, consisting of Chief Justices Sheel Nagu (Punjab and Haryana), G S Sandhawalia (Himachal Pradesh), and Karnataka High Court judge Anu Sivaraman, will conduct a "deeper probe" into the allegations. Justice Varma has denied any knowledge of the cash being stored in the storeroom. The inquiry follows the Delhi High Court Chief Justice Devendra Kumar Upadhyaya's report that recommended a deeper investigation. The top court's 2014 guidelines for in-house procedures for probing allegations against judges will be followed during the inquiry. The panel's findings could lead to either the removal of the judge, if the misconduct is deemed serious, or a reprimand. The inquiry will also determine if the fire was indeed a short-circuit as initially reported.

India's First Emperor

India's First Emperor

Rediff.com1 Jul 2025

Chandragupta Maurya was the first king to establish an empire in India. He died a monk.

Trump, Pahalgam, Bihar: Oppn ready for showdown in Parliament

Trump, Pahalgam, Bihar: Oppn ready for showdown in Parliament

Rediff.com20 Jul 2025

INDIA bloc parties are set to raise issues such as the Pahalgam attack, US President Trump's claims of brokering a ceasefire, and concerns over electoral roll revisions in Bihar during the Parliament's Monsoon session.

SC uploads probe report, with photos, video of 'cash recovery' at judge home

SC uploads probe report, with photos, video of 'cash recovery' at judge home

Rediff.com23 Mar 2025

The Supreme Court of India has released an inquiry report into the alleged discovery of a large amount of cash at the residence of Delhi High Court judge Yashwant Varma. The report, which includes photos and videos, was uploaded on the court's website. Chief Justice of India Sanjiv Khanna has formed an in-house committee to investigate the matter and has asked the Delhi High Court Chief Justice to not assign any judicial work to Justice Varma. Justice Varma has denied the allegations, claiming they are part of a conspiracy to frame him. The inquiry report, submitted by the Delhi High Court Chief Justice, has been made public and calls for a deeper probe into the incident. The incident has raised concerns about judicial accountability and has prompted the Congress party to call for strong measures to uphold public trust in the judiciary.

'Our Nifty Target For December Is 26,500'

'Our Nifty Target For December Is 26,500'

Rediff.com24 Jun 2025

'We continue to view India as a standout within EM.'

'A Key Driver Of INR Strength Appears To Be The RBI'

'A Key Driver Of INR Strength Appears To Be The RBI'

Rediff.com29 Mar 2025

'I don't see 88 per dollar now.'

LIC picks up Adani Ports' entire Rs 5K cr issue

LIC picks up Adani Ports' entire Rs 5K cr issue

Rediff.com30 May 2025

State-owned Life Insurance Corporation (LIC) on Thursday entirely subscribed to the Rs 5,000 crore bond issue of Adani Ports and Special Economic Zone (APSEZ) at a coupon rate of 7.75 per cent, said sources privy to the development.

Can you believe Champions Trophy tickets start at....

Can you believe Champions Trophy tickets start at....

Rediff.com15 Jan 2025

The Pakistan Cricket Board (PCB) has announced ticket prices for the upcoming Champions Trophy, with the lowest priced ticket starting at PKR 1000 for the General Enclosure for all matches in Karachi, Lahore, and Rawalpindi.

Shuks' Space Flight: 'A Leapfrog Moment For India'

Shuks' Space Flight: 'A Leapfrog Moment For India'

Rediff.com11 Jun 2025

'You can imagine for India what Shuks means not just to the billions of people in India but the entire Indian diaspora around the world.'

Study Abroad Without Falling Into A Debt Trap

Study Abroad Without Falling Into A Debt Trap

Rediff.com20 May 2025

By choosing your study destination carefully, leveraging government schemes, comparing loan options, and adopting frugal living practices, Indian students can acquire global credentials without mortgaging their futures.

Currency in circulation rose in value, volume during 2022-23: RBI

Currency in circulation rose in value, volume during 2022-23: RBI

Rediff.com30 May 2023

The value and volume of banknotes in circulation increased by 7.8 per cent and 4.4 per cent, respectively, during 2022-23 as compared with 9.9 per cent and 5 per cent, respectively, in 2021-22, revealed the RBI annual report released on Tuesday. In value terms, the share of Rs 500 and Rs 2,000 banknotes together accounted for 87.9 per cent of the total value of banknotes in circulation as on March 31, 2023, as compared to 87.1 per cent a year ago. The Reserve Bank has announced withdrawal of Rs 2,000 notes, and holders of the highest value currency have been given time till September 30 to exchange or deposit them.