News for 'rupee'

The Future Belongs To Thinkers And Communicators

The Future Belongs To Thinkers And Communicators

Rediff.com29 Jul 2025

'For 40 years, India valued only technical skills. IITs, coding -- that became everything.' 'Soft skills were sidelined. But those are the skills that will keep you employable now, not technical skills.'

Lilavati Trust says no dues owed to HDFC Bank

Lilavati Trust says no dues owed to HDFC Bank

Rediff.com10 Jun 2025

Launching a fresh attack on HDFC Bank MD and CEO Sashidhar Jagdishan, Lilavati Kirtilal Mehta Medical Trust (LKMM Trust) on Monday said the trust or its permanent trustee Prashant Kishor Mehta has no outstanding dues to the private bank. It has never borrowed a single rupee from the bank nor they are connected to the borrowing company (Splendour Gems Ltd) in question whatsoever, LKMM said in a statement.

Patole climbs speaker's podium, suspended for a day

Patole climbs speaker's podium, suspended for a day

Rediff.com1 Jul 2025

Congress MLA Nana Patole was suspended from the Maharashtra assembly for a day on Tuesday after he climbed the speaker's podium, demanding action against Bharatiya Janata Party MLA Babanrao Lonikar and Agriculture Minister Manikrao Kokate for allegedly 'insulting' farmers.

Fadnavis, Shinde condemn Sena MLA's assault on canteen staffer

Fadnavis, Shinde condemn Sena MLA's assault on canteen staffer

Rediff.com9 Jul 2025

Maharashtra Chief Minister Devendra Fadnavis on Wednesday said the incident of Shiv Sena MLA Sanjay Gaikwad slapping an employee of a canteen at the MLAs' hostel in Mumbai sends out a wrong message about all legislators that they indulge in misuse of power.

Dukes boss hits back at ball criticism in Lord's Test

Dukes boss hits back at ball criticism in Lord's Test

Rediff.com12 Jul 2025

'The players can criticise my cricket ball. Can I criticise them for the bad shot or the bad ball? Long hop. You know what I mean? You've got to be sensible.'

ACB grills Sisodia for 3 hrs in Rs 2,000-cr school scam case

ACB grills Sisodia for 3 hrs in Rs 2,000-cr school scam case

Rediff.com20 Jun 2025

Former Delhi deputy chief minister Manish Sisodia was on Friday questioned for over three hours by the Anti-Corruption Branch (ACB) in an alleged graft case related to the construction of classrooms in government schools here, officials said.

CAPE Fear: History Suggests Rich Valuations Precede Sharp Pullbacks

CAPE Fear: History Suggests Rich Valuations Precede Sharp Pullbacks

Rediff.com2 Jul 2025

Valuations at current levels have historically corresponded single-digit returns.

How Iran-Israel conflict affects India's overseas trade

How Iran-Israel conflict affects India's overseas trade

Rediff.com20 Jun 2025

The commerce ministry on Friday held consultations with key stakeholders, including shipping lines, exporters, container firms, and other departments, to assess the impact of the Iran-Israel conflict on India's overseas trade, an official said. The meeting was chaired by Commerce Secretary Sunil Barthwal.

'PCB's earning from Champions Trophy exceeds target'

'PCB's earning from Champions Trophy exceeds target'

Rediff.com8 Apr 2025

The Pakistan Cricket Board (PCB) has claimed to have earned three billion rupees by hosting the ICC Champions Trophy, exceeding its target of two billion rupees.

Kerala police book owner, crew of sunken MSC Elsa 3 for rash navigation

Kerala police book owner, crew of sunken MSC Elsa 3 for rash navigation

Rediff.com11 Jun 2025

It further said that the owners, master and crew of the vessel handled the ship in a negligent manner despite being aware of the dangerous cargo it was carrying.

'Illegal Gambling Sites Are National Security Threat'

'Illegal Gambling Sites Are National Security Threat'

Rediff.com2 Jun 2025

'Illegal gambling operators are systematically exploiting India's advertising and payment infrastructure, siphoning off crores of rupees from outside the country.'

When Indira Gandhi donated Rs 90,000 for JP's treatment

When Indira Gandhi donated Rs 90,000 for JP's treatment

Rediff.com25 Jun 2025

In a little-known episode from the Emergency era, former prime minister Indira Gandhi quietly donated a significant sum of Rs 90,000 for treatment of her fiercest critic, Jayaprakash Narayan, the leader of the nationwide anti-Emergency movement.

Multiple Bank FDs: More Harm Than Good

Multiple Bank FDs: More Harm Than Good

Rediff.com30 Jun 2025

So, the next time someone tempts you with a slightly higher FD rate from a lesser-known bank, point them to hybrid funds that can deliver extra returns without the administrative and emotional rollercoaster.

PSL to clash with IPL again! PCB eyes bigger viewership

PSL to clash with IPL again! PCB eyes bigger viewership

Rediff.com11 Jun 2025

The Pakistan Super League (PSL) next year is set to clash with the high-profile Indian Super League as the Pakistan Cricket Board (PCB) is mulling to hold the event in the same window as the IPL.

Home Deal: 'Fair Or Has My Builder Cheated Me?'

Home Deal: 'Fair Or Has My Builder Cheated Me?'

Rediff.com24 Jun 2025

rediffGURU Jinal Mehta answers readers' financial planning and health insurance queries

'Immediately Close Your Car Loan, And...'

'Immediately Close Your Car Loan, And...'

Rediff.com15 Jul 2025

Ask rediffGURU and PF and MF expert Janak Patel your mutual fund and personal finance-related questions.

2 Must-Have Insurance Covers For Gen Z

2 Must-Have Insurance Covers For Gen Z

Rediff.com3 Jul 2025

Kunal Varma, CEO, Freo, explains what Hospicash and Day Care Insurance covers are and how they help manage financial and mental stress.

Pak hikes defence budget amid tension with India

Pak hikes defence budget amid tension with India

Rediff.com11 Jun 2025

Pakistan on Tuesday increased its defence budget by 20 per cent, allocating PRs. 2,550 billion ($9 billion) for the fiscal year 2025-26, amid tensions with India.

Why Go To China? Nepal's Got Its Own Great Wall

Why Go To China? Nepal's Got Its Own Great Wall

Rediff.com4 Jun 2025

Nestled among 108 scenic hillocks, the 500 metre Mini Great Wall in Shailung, Nepal offers breathtaking views and a peaceful escape at 3,200 metres above sea level.

7 Countries Where the Indian Rupee Scores!

7 Countries Where the Indian Rupee Scores!

Rediff.com7 Dec 2024

Here are 7 countries where Indian Rupee has a higher value, making them best destinations for Indian travelers looking for a budget-friendly trip

Can Rupee Dethrone The Dollar?

Can Rupee Dethrone The Dollar?

Rediff.com22 Sep 2023

Those who consider the rupee as a proxy for virility have started thumping their chests and dreaming of dethroning the dollar from its coveted position, observes Tamal Bandyopadhyay.

RBI holds back US dollar sales in February amid pressure on rupee

RBI holds back US dollar sales in February amid pressure on rupee

Rediff.com24 Apr 2024

The Reserve Bank of India (RBI) abstained from selling any US dollars throughout February, for the first time in nine months. The decision comes amid increasing pressure on the rupee, as expectations of rate cuts by the US Federal Reserve keep pushing back. The last time the RBI did not sell dollar over a month was in May 2023.

Illegal online betting growing fast in India

Illegal online betting growing fast in India

Rediff.com2 Jun 2025

Lacking basic safeguards and regulations, India is fast emerging as a hub for illegal online betting and gambling market, with the top 15 such unauthorised platforms logging an alarming over 5.4 billion visits in FY25, according to a report by public policy think-tank on consumer sovereignty.

RBI conducts $10 bn forex swap to inject liquidity

RBI conducts $10 bn forex swap to inject liquidity

Rediff.com1 Mar 2025

The Reserve Bank of India's (RBI's) $10 billion US dollar-rupee buy-sell swap auction for three years received bids worth $16.23 billion on Friday, reflecting robust demand amid persistent liquidity deficit in the banking system. This was the second swap auction by the central bank after it infused $5 billion via six month-swap on January 31.

'Biggest Problem Industrialists Face Is From Politicians'

'Biggest Problem Industrialists Face Is From Politicians'

Rediff.com7 Jul 2025

'If you don't fulfil whatever they ask, you are in trouble.'

'By hosting 2036 Olympics, India will make a statement'

'By hosting 2036 Olympics, India will make a statement'

Rediff.com17 Jun 2025

India's bid to host the 2036 Olympics is not merely an attempt to make a statement internationally but also a well thought out plan to create world-class infrastructure, said Minister of State for Sports Raksha Khadse.

'I'm Not A Chor'

'I'm Not A Chor'

Rediff.com7 Jun 2025

Breaking his silence after nine years, Vijay Mallya said he may return to India if assured a fair trial.

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.

Forex kitty jumps sharpest in 2 yrs, rises to $653.96 bn

Forex kitty jumps sharpest in 2 yrs, rises to $653.96 bn

Rediff.com15 Mar 2025

In the sharpest jump in over two years, the country's foreign exchange reserves increased by $15.27 billion to $653.97 billion during the week ended March 7, the RBI has said. The overall reserves had dropped by $1.78 billion to $638.7 billion in the previous week.

FPIs continue to invest; inject Rs 14,167 cr in equities in May

FPIs continue to invest; inject Rs 14,167 cr in equities in May

Rediff.com11 May 2025

Foreign investors continue to show confidence in the country's equity market, infusing Rs 14,167 crore so far this month, largely driven by favourable global cues and robust domestic fundamentals. Notably, this inflow has come despite the ongoing military tensions between India and Pakistan.

Nepal Cricket Scales New Heights With T20 League

Nepal Cricket Scales New Heights With T20 League

Rediff.com29 May 2025

Nepal takes game to new heights with T20 league

Global funds' asset under custody see second-worst plunge amid market rout

Global funds' asset under custody see second-worst plunge amid market rout

Rediff.com12 Mar 2025

Global fund managers witnessed one of their largest-ever declines in assets under custody (AUC) during the ongoing correction in the Indian markets, as stocks came under pressure from foreign outflows and the weakening rupee.

Anger over mom's mugging fuels Hasan Ali's comeback

Anger over mom's mugging fuels Hasan Ali's comeback

Rediff.com29 May 2025

In Mike Hesson's first assignment as Pakistan's new white-ball head coach, Hasan Ali grabbed a 5-30 and led a new-look Pakistan T20 cricket team to a thumping 37-run win over Bangladesh in the opening game of their three-match series.

Rupee best-performing Asian currency so far in January

Rupee best-performing Asian currency so far in January

Rediff.com29 Jan 2024

After an extremely stable 2023, the Indian rupee started 2024 on a promising note and has turned out to be the best-performing Asian currency so far in January, appreciating 0.1 per cent despite 2 per cent rise in the dollar index. All other Asian currencies depreciated by around 1.4-4 per cent during the month. The local currency regained its ground against the greenback on the back of foreign portfolio inflows, said market participants.

Forex reserves swell $10.87 bn to $676.27 bn

Forex reserves swell $10.87 bn to $676.27 bn

Rediff.com11 Apr 2025

India's forex reserves jumped $10.87 billion to $676.27 billion during the week ended April 4, the Reserve Bank of India (RBI) said on Friday. The overall kitty had jumped $6.6 billion to $665.4 billion in the previous reporting week.

Ranya Rao case: ED raids institutions linked to K'taka home minister

Ranya Rao case: ED raids institutions linked to K'taka home minister

Rediff.com21 May 2025

The Enforcement Directorate (ED) on Wednesday searched locations in Karnataka, including educational institutions linked to state Home Minister G Parameshwara, as part of a probe into alleged gold smuggling-linked money laundering case against Kannada actor Ranya Rao and others. The ED sources said an educational trust is suspected to have "diverted" funds and made a payment of Rs 40 lakh towards the credit card bill of Rao, allegedly on the instructions of an influential individual. The sources claimed the trust is linked to Parameshwara and the "influential" individual is a politically exposed person. The searches found there were no supporting vouchers or documentation to "substantiate" this payment (for credit card bill payment), they said.

Markets Choppy? Don't Worry. You Can Still Make Money

Markets Choppy? Don't Worry. You Can Still Make Money

Rediff.com30 Apr 2025

If you redeem your investments when prices have fallen sharply, you will be selling at low prices and may make a permanent loss. On the other hand, if you remain patient and remain invested, you give your investment the time to recover, says Dwaipayan Bose

India bans 16 Pak YouTube channels, raps BBC for calling Pahalgam terrorists 'militants'

India bans 16 Pak YouTube channels, raps BBC for calling Pahalgam terrorists 'militants'

Rediff.com28 Apr 2025

The Indian government has blocked 16 Pakistani YouTube channels for allegedly disseminating provocative and communally sensitive content as well as false and misleading narratives against India, its Army and security agencies. The decision was taken following recommendations from the Ministry of Home Affairs in the wake of the April 22 terror attack at Jammu and Kashmir's Pahalgam in which 26 people, mostly tourists, were killed.

FPIs Sold $10 Bn Stocks In 2025 So Far

FPIs Sold $10 Bn Stocks In 2025 So Far

Rediff.com14 Feb 2025

'Expect FPIs to continue selling for several months until the rupee stabilises.'

Is foreign exchange rate stability desirable? Not really

Is foreign exchange rate stability desirable? Not really

Rediff.com21 Jan 2025

The recent depreciation of the rupee along with sharp fall in the country's foreign exchange (FX) reserves has sparked a debate whether stability of the exchange rate is necessary and desirable. The rupee was one of the least volatile currencies among peers for almost two years before the current downward pressure started in September after the US Federal Reserve lowered interest rate.