News for 'usd'

Key Accused Held In USD 8.5 Million US Fraud

Key Accused Held In USD 8.5 Million US Fraud

Rediff.com3 days ago

The CBI has arrested Lakhan Jaiprakash Jagwani, a key accused in a case involving the alleged defrauding of US nationals of USD 8.5 million through illegal call centres.

Rupee crashes to record low of 95.81/USD on crude oil, inflation worries

Rupee crashes to record low of 95.81/USD on crude oil, inflation worries

Rediff.com2 days ago

The Indian rupee plummeted to a new all-time closing low of 95.81 against the US dollar, driven by surging crude oil prices, persistent inflation concerns, and a strengthening dollar index.

Rupee crashes to record 95.80 against USD, settles near all-time low

Rupee crashes to record 95.80 against USD, settles near all-time low

Rediff.com4 days ago

The Indian rupee plummeted to an all-time low of 95.80 against the US dollar, settling at 95.66, driven by elevated crude oil prices and escalating geopolitical tensions in West Asia, despite potential RBI intervention and import curbs on gold.

Mallya Hits Back at Critics After RCB Sale Reaches Almost USD 2 Billion

Mallya Hits Back at Critics After RCB Sale Reaches Almost USD 2 Billion

Rediff.com26 Mar 2026

Fugitive businessman Vijay Mallya responds to criticism of his investment in Royal Challengers Bangalore (RCB) after the franchise was sold for nearly USD 2 billion.

Keegan Smith Wins Men's Singles Title At Karnataka Open

Keegan Smith Wins Men's Singles Title At Karnataka Open

Rediff.com1 days ago

Keegan Smith defeated Philip Sekulic to win the men's singles title at the Karnataka Open. Niki Kaliyanda Poonacha and Saketh Myneni won the men's doubles title.

How TCS Is Building The 'Infrastructure Of Intelligence'

How TCS Is Building The 'Infrastructure Of Intelligence'

Rediff.com1 days ago

Tata Consultancy Services (TCS) is focusing on building AI infrastructure, including India's first AI-focused data centre, as AI becomes a core operating foundation for enterprises globally.

Govt raises import duty on gold, silver after PM's appeal

Govt raises import duty on gold, silver after PM's appeal

Rediff.com4 days ago

The Indian government has increased import duties on gold and silver from 6 per cent to 15 per cent to curb inbound shipments of precious metals amid a rising import bill due to the West Asia crisis.

Customs Officials Seize Hydroponic Weed, Cash At Mumbai Airport

Customs Officials Seize Hydroponic Weed, Cash At Mumbai Airport

Rediff.com9 May 2026

Customs officials at Mumbai's Chhatrapati Shivaji Maharaj International Airport seized hydroponic weed valued at nearly 20 crore and USD 1 lakh in cash over two days.

Praggnanandhaa Faces Firouzja In Super Chess Classic Opener

Praggnanandhaa Faces Firouzja In Super Chess Classic Opener

Rediff.com3 days ago

Indian Grandmaster R Praggnanandhaa is set to compete against Alireza Firouzja of France in the opening round of the Super Chess Classic in Bucharest, marking his first classical event of the year as part of the Grand Chess Tour.

Praggnanandhaa Holds Keymer, Stays In Joint Lead At Super Chess Classic

Praggnanandhaa Holds Keymer, Stays In Joint Lead At Super Chess Classic

Rediff.com16 hours ago

Indian Grandmaster R Praggnanandhaa drew with Vincent Keymer in the third round of the Super Chess Classic, maintaining his position as joint leader alongside four other players.

CNG prices hiked by Re 1 per kg, second time in a week

CNG prices hiked by Re 1 per kg, second time in a week

Rediff.com15 hours ago

CNG prices in Delhi have been increased by Re 1 per kg, marking the second increase in less than a week, according to Indraprastha Gas Ltd.

Justina Mikulskyte Clinches ITF Title After Opponent Injury

Justina Mikulskyte Clinches ITF Title After Opponent Injury

Rediff.com7 days ago

Justina Mikulskyte won the ITF W35 Tumakuru Open after Zuzanna Pawlikowska retired due to injury in the final.

Gripen fighters escort Modi's plane on arrival in Sweden

Gripen fighters escort Modi's plane on arrival in Sweden

Rediff.com5 hours ago

Prime Minister Narendra Modi arrived in Sweden to hold talks on trade, technology, defence and other key sectors with his Swedish counterpart Ulf Kristersson.

Rupee surges 52 paise to close at 92.54/USD on US-Iran ceasefire

Rupee surges 52 paise to close at 92.54/USD on US-Iran ceasefire

Rediff.com8 Apr 2026

The Indian rupee saw a significant appreciation against the US dollar following President Trump's suspension of military strikes against Iran and the Reserve Bank of India's decision to maintain its key interest rate. Market sentiment was further buoyed by positive comments from the RBI regarding the health of the banking sector.

IPL's next TV deal could break all records again

IPL's next TV deal could break all records again

Rediff.com1 days ago

Punjab Kings co-owner Mohit Burman anticipates a significant increase in the next IPL media rights cycle, potentially reaching 20-30 per cent, driven by recent high-value franchise acquisitions and the league's consistent engagement.

US Calls For Openness, Security In AI Partnership With India

US Calls For Openness, Security In AI Partnership With India

Rediff.com9 May 2026

A senior US official has emphasised the importance of openness and security in the development of artificial intelligence between India and the US, urging both nations to avoid dependencies on adversarial countries.

How AI Will Reshape The IT Services Industry, According To Coforge

How AI Will Reshape The IT Services Industry, According To Coforge

Rediff.com7 May 2026

Coforge believes that the rapid adoption of AI is disrupting the traditional labour model but also creating new high-margin opportunities in the IT services industry.

Modi to embark on six-day visit to UAE, Europe

Modi to embark on six-day visit to UAE, Europe

Rediff.com6 days ago

Prime Minister Narendra Modi will visit the UAE, the Netherlands, Sweden, Norway and Italy to deepen India's bilateral ties amid geopolitical changes.

NIA Files Charges In Cambodia Trafficking, Cyber Slavery Case

NIA Files Charges In Cambodia Trafficking, Cyber Slavery Case

Rediff.com1 days ago

The National Investigation Agency (NIA) has filed a chargesheet against five individuals, including the alleged mastermind, in connection with the trafficking and cyber slavery of Indian youths in Cambodia.

Textile Recycling Market in India to Reach USD 3.5 Billion by 2030

Textile Recycling Market in India to Reach USD 3.5 Billion by 2030

Rediff.com10 Mar 2026

A new report indicates that India's textile recycling market is projected to reach USD 3.5 billion by 2030, potentially creating one lakh green jobs. The report highlights the current state of textile waste management and opportunities for circularity in the Indian textile industry.

Modi embarks on five-nation tour; energy security, trade in focus

Modi embarks on five-nation tour; energy security, trade in focus

Rediff.com2 days ago

Prime Minister Narendra Modi has begun a six-day tour of the UAE, the Netherlands, Sweden, Norway and Italy to strengthen bilateral relations amid geopolitical challenges. The trip will focus on energy security, trade, and technological cooperation.

How AI Can Boost India's Economy By $500 Billion

How AI Can Boost India's Economy By $500 Billion

Rediff.com4 days ago

A joint study by IBM and IndiaAI, a MeiTY initiative, indicates that Artificial Intelligence (AI) has the potential to contribute over USD 500 billion to India's economy by 2030. The report highlights the need for improved AI literacy, infrastructure, and data quality to fully realise this potential.

Govt Imposes Windfall Tax of Rs3/ltr on Petrol Exports, Cuts Levy on Diesel, ATF

Govt Imposes Windfall Tax of Rs3/ltr on Petrol Exports, Cuts Levy on Diesel, ATF

Rediff.com2 days ago

The Indian government has imposed a new windfall gains tax of Rs 3 per litre on petrol exports, while simultaneously reducing the levy on diesel to Rs 16.5 per litre and aviation turbine fuel (ATF) to Rs 16 per litre, effective May 16.

Pak gets 2nd tranche of $1bn loan from Saudi Arabia

Pak gets 2nd tranche of $1bn loan from Saudi Arabia

Rediff.com21 Apr 2026

Pakistan has received the second and final tranche of USD 1 billion from Saudi Arabia, completing a USD 3 billion aid package aimed at boosting its foreign reserves, the state bank said.

How Delhi's Forests Are Quietly Combating Climate Change

How Delhi's Forests Are Quietly Combating Climate Change

Rediff.com9 May 2026

Researchers have discovered that Delhi's urban forests are significant carbon sinks, storing substantial amounts of carbon in trees and soil, with the potential to generate revenue through carbon credits. The study highlights the importance of preserving and expanding these forests to combat climate change.

Rupee slumps 69 paise to all-time low of 92.18/USD

Rupee slumps 69 paise to all-time low of 92.18/USD

Rediff.com4 Mar 2026

Rupee slumped 69 paise to an all-time low of 92.18 against the US dollar in early trade on Wednesday, as a sharp spike in crude oil prices amid geopolitical tensions following the escalation of the US-Iran conflict weighed on investor sentiment.

US Group Claims Unfairness In Rajasthan Royals Ownership Bid

US Group Claims Unfairness In Rajasthan Royals Ownership Bid

Rediff.com5 May 2026

A US-based consortium led by Kal Somani has expressed disappointment and alleged an unfair bidding process after losing the Rajasthan Royals ownership bid to Lakshmi Mittal's group.

Indian-Origin Man In US Faces Denaturalisation Over Fraud

Indian-Origin Man In US Faces Denaturalisation Over Fraud

Rediff.com9 May 2026

A 62-year-old Indian-origin man, now a US citizen, faces denaturalisation proceedings for allegedly defrauding investors of USD 2.5 million and concealing this from US authorities.

Praggnanandhaa outwits Sindarov in Super Chess Classic, moves to joint lead

Praggnanandhaa outwits Sindarov in Super Chess Classic, moves to joint lead

Rediff.com2 days ago

Indian Grandmaster R Praggnanandhaa defeated Javokhir Sindarov in the second round of the Super Chess Classics. Other results from the round include victories for Maxime Vachier-Lagrave and Vincent Keymer, while Fabiano Caruana and Wesley So drew their respective matches.

Praggnanandhaa Held To Draw By Firouzja In Round 1

Praggnanandhaa Held To Draw By Firouzja In Round 1

Rediff.com3 days ago

Indian Grandmaster R Praggnanandhaa drew with Alireza Firouzja in the first round of the Super Chess Classics in Bucharest, while other games also ended in draws.

India's AI Job Market Sees 20% Growth: Minister

India's AI Job Market Sees 20% Growth: Minister

Rediff.com6 days ago

Union Minister Ashwini Vaishnaw highlights the growing demand for AI-related jobs in India and the transformation needed in the IT industry. He also mentions significant investments in data centres and subsea cable networks to boost digital infrastructure.

UAE to store 30 mn barrels of crude in India's petroleum reserve: Misri

UAE to store 30 mn barrels of crude in India's petroleum reserve: Misri

Rediff.com2 days ago

Foreign secretary Vikram Misri on Friday shared key details on agreements between India and the UAE, stating that the UAE will store up to 30 million barrels of crude oil in India's strategic petroleum reserve following Prime Minister Narendra Modi's visit.

Inflation, weak rupee drag Indian markets lower; fuel price hike adds to concerns

Inflation, weak rupee drag Indian markets lower; fuel price hike adds to concerns

Rediff.com2 days ago

Indian benchmark equity indices, Sensex and Nifty, closed lower due to investor caution over rising bond yields, a weaker rupee, and fresh fuel price hikes, which have revived inflation concerns.

Why India's Next Wave Of Startups Should Focus On Deep Tech

Why India's Next Wave Of Startups Should Focus On Deep Tech

Rediff.com28 Apr 2026

Infosys co-founder Kris Gopalakrishnan urges Indian startups to focus on deep technology and advanced manufacturing to ensure strategic autonomy.

IdeaForge, DMP Join Hands To Develop Next-Gen AI Drones

IdeaForge, DMP Join Hands To Develop Next-Gen AI Drones

Rediff.com28 Apr 2026

IdeaForge Technology Ltd has announced a partnership with Digital Media Professionals Inc. (DMP) to develop next-generation AI drones, aiming to enhance autonomous capabilities and expand into the Japanese market.

Why The Rupee Is At An All-Time Low

Why The Rupee Is At An All-Time Low

Rediff.com5 May 2026

The rupee weakened to a record low against the US dollar due to Gulf tensions, rising oil prices, and foreign capital outflows.

Sterlite Technologies To Boost US Manufacturing With $100 Million Investment

Sterlite Technologies To Boost US Manufacturing With $100 Million Investment

Rediff.com6 May 2026

Sterlite Technologies plans to invest up to USD 100 million in the US to strengthen its manufacturing capacity for AI data centres and telecom customers.

Stock Markets Plunge as West Asia Tensions, High Oil Price Fuel Sell-Off

Stock Markets Plunge as West Asia Tensions, High Oil Price Fuel Sell-Off

Rediff.com5 days ago

Indian equity benchmark indices, Sensex and Nifty, tumbled nearly 2 per cent for the fourth consecutive session, driven by elevated crude oil prices, escalating US-Iran tensions, unabated foreign fund outflows, and a depreciating rupee.

Stock Markets Plunge as West Asia Tensions, High Oil Price Fuel Sell-Off

Stock Markets Plunge as West Asia Tensions, High Oil Price Fuel Sell-Off

Rediff.com5 days ago

Indian equity benchmark indices, Sensex and Nifty, tumbled nearly 2 per cent for the fourth consecutive session, driven by elevated crude oil prices, escalating US-Iran tensions, unabated foreign fund outflows, and a depreciating rupee.

Why didn't austerity wisdom emerge during election campaigns?: Raj Thackeray blasts Modi

Why didn't austerity wisdom emerge during election campaigns?: Raj Thackeray blasts Modi

Rediff.com5 days ago

MNS president Raj Thackeray questions the fuel consumption during recent election campaigns, asking if austerity measures are only meant for the common people.