News for 'rupee'

Govt may not discuss Bihar SIR in Parliament

Govt may not discuss Bihar SIR in Parliament

Rediff.com1 Aug 2025

Parliamentary Affairs Minister Kiren Rijiju defends Parliament's inability to discuss the Election Commission's functioning, citing a former speaker's ruling. The Opposition's demand to discuss the Special Intensive Revision of electoral rolls continues to disrupt the Monsoon session.

The Master Of The Slide Guitar

The Master Of The Slide Guitar

Rediff.com14 Aug 2025

One of Debashish Bhattacharya's most remarkable contributions is that he has taken the scope and foundation of the slide guitar, improvised it again and again, thereby designing and creating four entirely new guitars.

The Alaska Fiasco: Lessons For India

The Alaska Fiasco: Lessons For India

Rediff.com16 Aug 2025

The point to note for India is that we must not panic. The United States may be our largest export destination, but high tariffs will not exactly mean gloom and doom. Sure, we can throw some morsels as we continue negotiating, but we must be firm that some red lines cannot be crossed, no matter what, asserts Shreekant Sambrani.

Confused by Too Many Mutual Fund Options? Do it This Way!

Confused by Too Many Mutual Fund Options? Do it This Way!

Rediff.com18 Aug 2025

When the market is down, you can buy more units, which offers you the rupee cost averaging. But the question here is, with so many options available in the market, which one should you choose? Keep reading to get the answer.

US tariff impact: India's FY26 GDP growth likely to take 60-bp hit

US tariff impact: India's FY26 GDP growth likely to take 60-bp hit

Rediff.com8 Aug 2025

The US' move to raise the tariff on most Indian goods to 50 per cent could drag India's GDP growth for FY26 by 35 to 60 basis points, according to various economists. One basis point (bp) is equal to 0.01 per cent.

'The Problem With Quick Fixes Is...'

'The Problem With Quick Fixes Is...'

Rediff.com8 Aug 2025

'...they always address problems superficially, never tackling root causes.' 'Currently, the policy response will focus on immediate relief -- getting people to safety, providing facilities, clearing debris.' 'This is necessary, but once immediate relief operations end, everything returns to 'normal' without addressing underlying vulnerabilities.'

Trump's Tariffs: Exporters To Take Big Hit

Trump's Tariffs: Exporters To Take Big Hit

Rediff.com1 Aug 2025

'The biggest point of contention is market access for US agricultural and dairy products.'

How the markets will fare this week

How the markets will fare this week

Rediff.com27 Jul 2025

Stock markets are in for an event-heavy week ahead with a raft of Q1 earnings from blue-chips, the US Fed interest rate decision and foreign investors trading activity driving investors' sentiment, analysts said. Macroeconomic data announcements, monthly auto sales numbers and global market trends would also guide movement in the domestic equities, they said.

Foreign Degree Loses Sheen As Students Question Return On Investment

Foreign Degree Loses Sheen As Students Question Return On Investment

Rediff.com4 Aug 2025

The foreign degree no longer sells itself, families are doing the math, and for many, the numbers just don't add up.

Big celebs among 29 booked for 'endorsing' betting apps

Big celebs among 29 booked for 'endorsing' betting apps

Rediff.com10 Jul 2025

The Enforcement Directorate has filed a money laundering case to look into the role of more than two dozen celebrities, including actors like Vijay Deverakonda, Rana Daggubati and Prakash Raj, apart from some social media influencers and YouTubers in Telangana as part of a money laundering probe against certain online betting platforms, official sources said on Thursday.

Big celebs among 29 booked for 'endorsing' betting apps

Big celebs among 29 booked for 'endorsing' betting apps

Rediff.com10 Jul 2025

The Enforcement Directorate has filed a money laundering case to investigate the role of celebrities, including actors Vijay Deverakonda and Rana Daggubati, in promoting online betting platforms.

ED busts 'donkey route' racket, recovers 30 passports

ED busts 'donkey route' racket, recovers 30 passports

Rediff.com11 Jul 2025

The Enforcement Directorate (ED) has recovered 30 original passports and obtained information on agents and agencies running the 'donkey-route' business of illegally sending Indians abroad.

From Kashmir to Cortina: Arif Khan chases Olympic dream

From Kashmir to Cortina: Arif Khan chases Olympic dream

Rediff.com6 Aug 2025

Out in the cold, lone Indian qualifier crowdfunds 2026 Olympic bid

Gold may remain in consolidation phase amid global trade talks: Analysts

Gold may remain in consolidation phase amid global trade talks: Analysts

Rediff.com27 Jul 2025

Gold prices are expected to witness further consolidation in the coming week as investors brace for a slew of events, ranging from central bank meetings, including the US Federal Open Market Committee (FOMC) meeting's outcome, to global trade negotiations, analysts said.

Anil Ambani appears before ED in bank loan 'fraud' case

Anil Ambani appears before ED in bank loan 'fraud' case

Rediff.com5 Aug 2025

Reliance Group Chairman Anil Ambani on Tuesday appeared before the Enforcement Directorate here for questioning in a money laundering case linked to alleged multiple bank loan fraud cases worth crores of rupees against his group companies, official sources said.

Owners face ruin after kanwariyas vandalise UP dhaba

Owners face ruin after kanwariyas vandalise UP dhaba

Rediff.com11 Jul 2025

A roadside eatery in Muzaffarnagar, India, was vandalized by a group of Kanwariyas after they allegedly found onions in their food. The owners are now facing financial ruin.

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.

RBI starts cutting short dollar book after 7 months

RBI starts cutting short dollar book after 7 months

Rediff.com6 May 2025

The Reserve Bank of India (RBI) has started winding down its short position in the dollar forward book, after a gap of seven months, on the back of a softening dollar, while infusing funds via open market operations (OMOs) to counter the resulting liquidity drain.

UP BTech student ends life, girlfriend's family accused of Rs 30L blackmail

UP BTech student ends life, girlfriend's family accused of Rs 30L blackmail

Rediff.com17 Jul 2025

A 20-year-old BTech student in Barabanki allegedly committed suicide, accusing his girlfriend and her family of blackmail and extortion in a video shared on social media. The family claims the girl's family had previously filed a harassment complaint and extorted money from them.

ED summons Anil Ambani on Aug 5, issues look out circular

ED summons Anil Ambani on Aug 5, issues look out circular

Rediff.com2 Aug 2025

The Enforcement Directorate has summoned Reliance Group Chairman Anil Ambani for questioning in a money laundering case linked to alleged bank loan fraud.

ED quizzes Robert Vadra for 5 hrs in Sanjay Bhandari case

ED quizzes Robert Vadra for 5 hrs in Sanjay Bhandari case

Rediff.com14 Jul 2025

Robert Vadra, husband of Priyanka Gandhi Vadra, appeared before the Enforcement Directorate for questioning in connection with the Sanjay Bhandari money laundering case.

6 Smart Ways To Manage Money During Tough Times

6 Smart Ways To Manage Money During Tough Times

Rediff.com23 Jun 2025

Tough times don't last, but tough people -- and smart financial strategies - do, says Ramalingam Kalirajan

Sensex tanks 690 points on selling in IT, auto stocks

Sensex tanks 690 points on selling in IT, auto stocks

Rediff.com11 Jul 2025

Key benchmark indices Sensex and Nifty declined for the third session in a row on Friday, dropping nearly 1 per cent, dragged by heavy selling in IT, auto and energy stocks. Tariff-related uncertainties amid mixed global market trends also added to the pressure, analysts said. The 30-share BSE Sensex tanked 689.81 points or 0.83 per cent to settle at 82,500.47.

Can go to any extent to uproot terror; will resume Op Sindoor if...: Govt

Can go to any extent to uproot terror; will resume Op Sindoor if...: Govt

Rediff.com29 Jul 2025

Decisive action has replaced dossiers and the new India can go to any extent to uproot terrorism, Defence Minister Rajnath Singh said on Monday while stating that Operation Sindoor was on pause as the armed forces had achieved the desired objectives.

Rupee Rebound Expected in April-June

Rupee Rebound Expected in April-June

Rediff.com2 Apr 2024

A potential risk to the rupee's appreciation trajectory lies in the event of a delay in the Federal Reserve's rate cut cycle, particularly if core inflation in the US remains elevated.

Mother, daughter con prospective grooms 'eager' to settle in Canada

Mother, daughter con prospective grooms 'eager' to settle in Canada

Rediff.com18 Jul 2025

A mother and daughter in Punjab are accused of defrauding men by promising marriage and emigration to Canada. The mother allegedly used her daughter's photos and videos to lure victims, collecting large sums of money with false promises of a wedding and relocation.

Trump slaps 25% tariff on India from Aug 1

Trump slaps 25% tariff on India from Aug 1

Rediff.com30 Jul 2025

US President Donald Trump has announced a 25 per cent plus tariff on India from Aug 1. Trump, describing India as a "friend", said the US has done relatively "little business" with the country because of its high tariffs.

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.

Key factors to drive stock markets this week

Key factors to drive stock markets this week

Rediff.com6 Jul 2025

Equity investors are up for an eventful trading week ahead as the 90-day suspension period of the reciprocal tariffs announced by US President Donald Trump ends on July 9, analysts said, adding that a positive outcome from the trade negotiations could further lift market sentiment, particularly benefiting trade-sensitive sectors.

'Your Trip Is On Me..' Neeraj Fulfills Fan's Wish!

'Your Trip Is On Me..' Neeraj Fulfills Fan's Wish!

Rediff.com27 Jun 2025

Double Olympic-medallist Neeraj Chopra showed his generous and compassionate side, surprising a fan with an all-expense paid trip to watch the Neeraj Chopra Classic, to be held in Bengaluru next week.

'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.'

How many jets were downed during Op Sindoor, asks Cong

How many jets were downed during Op Sindoor, asks Cong

Rediff.com28 Jul 2025

The Congress party launched a scathing attack on the central government regarding the Pahalgam terror attack and Operation Sindoor, demanding accountability from Home Minister Amit Shah and clarification on the number of Indian jets downed during the operation.

'Pakistan Could Be Planning Something Against India'

'Pakistan Could Be Planning Something Against India'

Rediff.com11 Aug 2025

'We need to be very vigilant as we are passing through some fraught times.'

Look What Army Has Ordered To Fight Terrorists

Look What Army Has Ordered To Fight Terrorists

Rediff.com25 Jun 2025

Low-level lightweight radars; very short-range air defence systems (launchers and missiles); remotely piloted aerial vehicles; loitering munitions, including vertical take-off and landing systems; different kinds of drones; bullet-proof vests; ballistic helmets; quick-reaction fighting vehicles -- heavy and medium; and night sights for rifles (aiming devices that are visible in low light).

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.

'India Should Reduce Tariffs For All Countries'

'India Should Reduce Tariffs For All Countries'

Rediff.com11 Aug 2025

'That way you're not hostage just to US sort of exports to India.'

'Pressure On Dollar May Continue In Near Term'

'Pressure On Dollar May Continue In Near Term'

Rediff.com12 Jun 2025

'Many global investors have been overweight on dollar assets, so some diversification or hedging is naturally expected.'

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.

The Turbaned Tornado: Fauja Singh's Inspiring Life

The Turbaned Tornado: Fauja Singh's Inspiring Life

Rediff.com15 Jul 2025

Overwhelmed by the loss of his youngest son in the 1990s, Fauja Singh found solace in running with a local club in Essex after moving out of India following the death of his wife and daughter.

Factors that will drive the markets this week

Factors that will drive the markets this week

Rediff.com15 Jun 2025

Stock investors will track the ongoing conflict between Iran and Israel, Brent crude oil prices, inflation data and the US Fed interest rate decision for further cues this week, analysts said. Tariff-related news would also dictate trends in the equity market, experts noted.