News for 'us currency'

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).

Controversial calls flip Test as Aussies take control

Controversial calls flip Test as Aussies take control

Rediff.com27 Jun 2025

Australia carved out an 82-run lead over West Indies on day two of the first Test in Barbados on Thursday, with the hosts frustrated by several close umpiring calls that went against them.

Remittance tax: Cost of sending money home to rise for Indians in US

Remittance tax: Cost of sending money home to rise for Indians in US

Rediff.com17 May 2025

In President Donald Trump's big priority bill, there is a proposal for a 5 percent excise tax on remittance transfers that would cover more than 40 million people, including those holding green cards and H1B visas.

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.

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.

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.

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.

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.

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.

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).

IndusInd's risk handling under lens: Moody's

IndusInd's risk handling under lens: Moody's

Rediff.com24 Apr 2025

Global Rating agency Moody's on Wednesday said it was reviewing IndusInd Bank's risk management capabilities, and its leadership transition, with the private sector lender grappling with accounting lapses pertaining to its derivatives transactions. "The financial impact of the derivatives losses is quite manageable considering IndusInd Bank's strong capital.

Forex kitty jumps $6.6 bn to $665.4 bn

Forex kitty jumps $6.6 bn to $665.4 bn

Rediff.com4 Apr 2025

India's forex kitty jumped $6.596 billion to $665.396 billion during the week ended March 28, the RBI said on Friday. In the previous reporting week, the overall reserves rose by $4.53 billion to $658.8 billion, the RBI said on Friday.

Cash recovery: CJI sets up probe panel after HC CJ's report, police video

Cash recovery: CJI sets up probe panel after HC CJ's report, police video

Rediff.com23 Mar 2025

The Chief Justice of India (CJI) Sanjiv Khanna has ordered an in-house inquiry into allegations against a Delhi High Court judge, Justice Yashwant Varma, after reports of burnt cash being found at his residence. The inquiry will be conducted by a three-member committee headed by Justice Sheel Nagu, Chief Justice of the Punjab and Haryana High Court. The allegations stem from a report by the Delhi High Court Chief Justice Devendra Kumar Upadhyaya, who stated that four to five semi-burnt sacks of Indian currency notes were found at Justice Varma's residence following a fire. Justice Varma has strongly denied the allegations, calling them a conspiracy to frame him.

SRK's Met Gala Look Has A Whopping Price Tag!

SRK's Met Gala Look Has A Whopping Price Tag!

Rediff.com14 May 2025

There was a whole lot of cha-ching, including a Rs 21 crore watch worn with princely ease.

'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.'

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.

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.

Forex kitty jumps $4.53 bn to $658.8 bn

Forex kitty jumps $4.53 bn to $658.8 bn

Rediff.com28 Mar 2025

The country's forex reserves jumped by $4.53 billion to $658.8 billion during the week ended March 21, the RBI said on Friday. In the previous reporting week, the overall reserves had increased by $305 million to $654.27 billion.

'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.'

RBI says 97.76% of Rs 2000 currency notes returned

RBI says 97.76% of Rs 2000 currency notes returned

Rediff.com2 May 2024

The Reserve Bank of India (RBI) on Thursday said 97.76 per cent of the Rs 2000 denomination banknotes have returned to the banking system, and only Rs 7,961 crore worth of the withdrawn notes are still with the public. On May 19, 2023, the RBI announced the withdrawal of Rs 2000 denomination banknotes from circulation.

Man Scares Minor With Cobra, Molests Her

Man Scares Minor With Cobra, Molests Her

Rediff.com22 May 2025

The Kota police have arrested a 29-year-old man for allegedly molesting a minor girl after scaring her with a cobra he kept illegally at his home.

Flight To Fortune: How Assad Spirited Away Syria's Wealth To Russia

Flight To Fortune: How Assad Spirited Away Syria's Wealth To Russia

Rediff.com21 Apr 2025

As Damascus teetered, Assad's aide orchestrated a shadowy airlift, spiriting millions and secrets to Russia, paving his own escape route.

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.

Rs 2000 notes worth Rs 6,266 cr still in circulation: RBI

Rs 2000 notes worth Rs 6,266 cr still in circulation: RBI

Rediff.com2 May 2025

The high value Rs 2000 notes worth Rs 6,266 crore are still in circulation after two years of the Reserve Bank withdrawing the currency, according to official data. The Rs 2000 banknotes continue to be legal tender.

How To Travel Money Smart In 2025

How To Travel Money Smart In 2025

Rediff.com29 Jan 2025

Travel is about making memories, experiencing the unknown, and engaging in new experiences -- not worrying about fluctuating exchange rates or hidden expenditures. With a little planning and a proactive approach to handling your foreign exchange, you can reduce financial stress and enjoy your trip, suggests Pavan Kavad.

Forex kitty rises by $305 mn to $654.27 bn

Forex kitty rises by $305 mn to $654.27 bn

Rediff.com21 Mar 2025

The country's forex reserves increased by $305 million to $654.27 billion during the week ended March 14, the RBI said on Friday. In the previous reporting week, the overall reserves rose by $15.27 billion to $653.97 billion and registered the sharpest weekly rise in two years.

B'desh drops 'Father of the Nation' title for Mujibur Rahman

B'desh drops 'Father of the Nation' title for Mujibur Rahman

Rediff.com4 Jun 2025

The move comes a few days after the Yunus-led government dropped the portrait of the country's founding father and deposed prime minister Sheikh Hasina's father Mujibur Rahman from new currency notes.

Forex reserves drop $1.78 bn to $638.7 bn

Forex reserves drop $1.78 bn to $638.7 bn

Rediff.com7 Mar 2025

India's forex reserves dropped by $1.78 billion to $638.7 billion in the week ended February 28, the RBI said on Friday.

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.

'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.'

How AI Will Disrupt The Job Market: Should India Worry?

How AI Will Disrupt The Job Market: Should India Worry?

Rediff.com25 Jun 2025

Despite the alarming figures on job displacement, AI is expected to generate millions of new roles, echoing historical trends of technological transformation.

Cash row: Justice Yashwant Varma stripped of judicial work

Cash row: Justice Yashwant Varma stripped of judicial work

Rediff.com24 Mar 2025

The Delhi High Court has withdrawn the judicial work of Justice Yashwant Varma "with immediate effect" after allegations of a large amount of cash being found at his residence following a fire. The Supreme Court had previously uploaded an inquiry report, including photos and videos, regarding the allegations.

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.

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.

Dhaka trashes reports on Mujib's freedom fighter status

Dhaka trashes reports on Mujib's freedom fighter status

Rediff.com5 Jun 2025

Bangladesh's interim government on Wednesday dismissed as 'completely baseless' and 'misleading' the media reports that claimed it has dropped the 'Father of the Nation' title for Sheikh Mujibur Rahman and revised the definition of freedom fighter.

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.

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.'

Cognizant looks to break into top four IT services companies by 2027

Cognizant looks to break into top four IT services companies by 2027

Rediff.com28 Mar 2025

Cognizant has said it aims to be back among India's top four IT services companies by 2027 by improving revenue, market share, bagging large deals, and gradual margin expansion. The Nasdaq-listed company does a major part of its business in India, but has trailed peers such as Tata Consultancy Services and Accenture over the last few years as growth tapered, margins squeezed, and attrition soared.

India's first Buddhist CJI ruled against 'bulldozer justice'

India's first Buddhist CJI ruled against 'bulldozer justice'

Rediff.com14 May 2025

Justice Bhushan Ramkrishna Gavai, India's 52nd chief justice and its first Buddhist one, has played a key role in shaping the judicial landscape, penning about 300 verdicts, including landmark rulings on constitutional issues, liberty, and perhaps most important against the executive's 'bulldozer justice'.

Why RBI is likely to cut repo rate by another 25 bps

Why RBI is likely to cut repo rate by another 25 bps

Rediff.com4 Jun 2025

The weakening of inflation, prospects of economic growth, geopolitical uncertainty and comfortable system liquidity may result in the Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) to cut the repo rate by another 25 basis points, opine top economists. They also said the external economic pressures like trade policies and others would require continued RBI's accommodative stance and policy support for the Indian industry to sustain the growth.