News for 'usd'

Mukesh Ambani draws nil salary for sixth consecutive year

Mukesh Ambani draws nil salary for sixth consecutive year

Rediff.com28 May 2026

Mukesh Ambani, Asia's second richest man, has not drawn a salary from Reliance Industries for the sixth consecutive year, with dividends from his extensive shareholdings serving as his primary source of income.

Super Chess Classic: Praggnanandhaa Held To Draw; Firouzja Withdraws

Super Chess Classic: Praggnanandhaa Held To Draw; Firouzja Withdraws

Rediff.com21 May 2026

Indian Grandmaster R Praggnanandhaa drew with Deac Bogdan-Daniel, while Alireza Firouzja withdrew from the Super Chess Classic due to injury.

Putin makes big Su-57 offer to India, proposes joint production

Putin makes big Su-57 offer to India, proposes joint production

Rediff.com5 Jun 2026

Russian President Vladimir Putin has offered New Delhi Russia's fifth-generation stealth aircraft Sukhoi Su-57 and even suggested that the combat jet could even be jointly produced in India in line with the strong strategic partnership between the two countries.

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

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

Rediff.com11 May 2026

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

Make Iran pay: US weighs using frozen assets for Gulf reconstruction

Make Iran pay: US weighs using frozen assets for Gulf reconstruction

Rediff.com7 Jun 2026

A source familiar with US Treasury Secretary Scott Bessent's thinking revealed on Saturday that the department "intends to utilise all available authorities to make Iranian assets accessible for rebuilding and repair efforts related to any future damage inflicted by Iran."

IPL's next TV deal could break all records again

IPL's next TV deal could break all records again

Rediff.com16 May 2026

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.

Nvidia CEO Jensen Huang Calls Marvell A 'Trillion-Dollar Company'

Nvidia CEO Jensen Huang Calls Marvell A 'Trillion-Dollar Company'

Rediff.com3 Jun 2026

Nvidia CEO Jensen Huang has publicly endorsed Marvell Technology as a potential 'trillion-dollar company,' citing its crucial role in developing advanced connectivity solutions for next-generation artificial intelligence infrastructure. This endorsement, made at Computex 2026, follows a significant Nvidia investment in Marvell and highlights the industry's shift towards optical interconnects to meet the demands of large-scale AI systems.

Praggnanandhaa Held In Super Chess Classic; Title Race Intensifies

Praggnanandhaa Held In Super Chess Classic; Title Race Intensifies

Rediff.com23 May 2026

Indian Grandmaster R Praggnanandhaa drew with Maxime Vachier-Lagrave at the Super Chess Classic, while other matches intensified the title race. Fabiano Caruana and Vincent Keymer drew, and Javokhir Sindarov secured a victory. The final round promises high stakes with multiple players in contention for the title.

NIA Files Charges In Cambodia Trafficking, Cyber Slavery Case

NIA Files Charges In Cambodia Trafficking, Cyber Slavery Case

Rediff.com16 May 2026

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.

RBI dismisses gold sale rumours, confirms physical reserves steady at 880.52 tonnes

RBI dismisses gold sale rumours, confirms physical reserves steady at 880.52 tonnes

Rediff.com3 Jun 2026

The Reserve Bank of India (RBI) has debunked reports of gold sales, stating that its physical stock of gold remains unchanged at 880.52 tonnes, countering claims of selling approximately USD 12 billion to protect foreign-currency reserves.

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.

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

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

Rediff.com13 May 2026

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.

Rupee hits record intra-day low in early trade, falls 12 paise/USD

Rupee hits record intra-day low in early trade, falls 12 paise/USD

Rediff.com13 Mar 2026

The Indian rupee fell to a record low against the US dollar due to rising crude oil prices, foreign institutional investor selling, and weak domestic equity market sentiment.

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.

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

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

Rediff.com15 May 2026

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.

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.com15 May 2026

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.

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.

Former Shaolin Temple Abbot Jailed For Corruption: What It Means

Former Shaolin Temple Abbot Jailed For Corruption: What It Means

Rediff.com29 May 2026

Shi Yongxin, the former head priest of China's Shaolin Temple, has been sentenced to 24 years in prison on graft charges, including embezzlement and bribery.

Stock markets today: Sensex, Nifty opens red on geopolitical tensions, FII outflows

Stock markets today: Sensex, Nifty opens red on geopolitical tensions, FII outflows

Rediff.com27 May 2026

Indian benchmark indices Sensex and Nifty traded lower amid volatile trends, influenced by escalating geopolitical uncertainties in West Asia and fresh outflows from Foreign Institutional Investors (FIIs).

Indian Equities Rally: Banks Lead as Global Trends Boost Market Sentiment

Indian Equities Rally: Banks Lead as Global Trends Boost Market Sentiment

Rediff.com22 May 2026

Indian stock market benchmark indices closed higher, driven by strong performance in blue-chip bank shares and a positive trend in global markets, with hopes of progress in US-Iran peace negotiations also contributing to optimism.

Supreme Court to hear Rs 500 cr UAE money decree case in July after mediation fails

Supreme Court to hear Rs 500 cr UAE money decree case in July after mediation fails

Rediff.com25 May 2026

The Supreme Court has scheduled a July hearing for the Rs 500 crore money decree case involving Ras Al Khaimah Investment Authority (RAKIA) and industrialist Nimmagadda Prasad, following the failure of a mediation process led by former Chief Justice of India U U Lalit.

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.

Thane Man Duped Of Rs 2 Lakh In Dollar Exchange Fraud

Thane Man Duped Of Rs 2 Lakh In Dollar Exchange Fraud

Rediff.com18 May 2026

A 35-year-old man from Thane district was allegedly cheated of Rs 2 lakh in a US dollar exchange fraud in Navi Mumbai. The victim was shown bundles appearing to contain US currency, but they turned out to be paper rolls and soap bars.

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.

Stock markets end lower amid spike in oil prices; Sensex drops 480 pts

Stock markets end lower amid spike in oil prices; Sensex drops 480 pts

Rediff.com26 May 2026

Indian benchmark indices Sensex and Nifty closed lower, snapping a two-day rally, as a spike in crude oil prices, triggered by reports of fresh US military operations in southern Iran, dampened investor sentiment and reignited fears of renewed energy supply disruptions.

Sensex, Nifty Close Marginally Lower on Profit-Taking, Global Cues

Sensex, Nifty Close Marginally Lower on Profit-Taking, Global Cues

Rediff.com21 May 2026

Indian equity benchmark indices, Sensex and Nifty, ended marginally lower in a volatile trading session, surrendering early gains due to profit-taking in blue-chip stocks and persistent macroeconomic concerns, despite positive global cues.

217 Indians joined Russian forces during Ukraine war, 49 dead: Govt to SC

217 Indians joined Russian forces during Ukraine war, 49 dead: Govt to SC

Rediff.com22 May 2026

The Centre has informed the Supreme Court that 217 Indian nationals reportedly joined the Russian armed forces, with 49 fatalities amid the Russia-Ukraine war, and efforts are underway to repatriate those who were misled.

Prannoy, Lakshya Sen Shine At Singapore Open

Prannoy, Lakshya Sen Shine At Singapore Open

Rediff.com27 May 2026

HS Prannoy and Lakshya Sen secured impressive victories to advance to the second round of the Singapore Open Super 750 badminton tournament, while other Indian players faced setbacks.

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

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

Rediff.com16 May 2026

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.

PV Sindhu Advances At Singapore Open; Satwik-Chirag Win

PV Sindhu Advances At Singapore Open; Satwik-Chirag Win

Rediff.com27 May 2026

PV Sindhu secured a straight-game victory at the Singapore Open, while Satwiksairaj Rankireddy and Chirag Shetty also advanced. Other Indian shuttlers faced setbacks in the tournament.

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

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

Rediff.com11 May 2026

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.

Trishul Chinnappa Stages Recovery At Morocco Rising Stars

Trishul Chinnappa Stages Recovery At Morocco Rising Stars

Rediff.com29 May 2026

Indian golfer Trishul Chinnappa recovered with five birdies in the last six holes to move into the top 10 after the first round of the AM Green IGPL Morocco Rising Stars 2026.

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.

Praggnanandhaa Held To Draw By Firouzja In Round 1

Praggnanandhaa Held To Draw By Firouzja In Round 1

Rediff.com15 May 2026

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.

US Files Charges Against Indian Man In 2017 Murder Case

US Files Charges Against Indian Man In 2017 Murder Case

Rediff.com20 May 2026

The US has announced federal charges against Nazeer Hameed, an Indian national, for his alleged involvement in the 2017 murder of Sasikala Narra and her six-year-old son Anish Narra in Maple Shade, New Jersey. Hameed fled to India after the murders and now faces charges for unlawful flight to avoid prosecution.

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.com16 May 2026

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.com15 May 2026

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.

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.

Sensex, Nifty rebound; RIL leads gains

Sensex, Nifty rebound; RIL leads gains

Rediff.com20 May 2026

Indian benchmark equity indices, Sensex and Nifty, rebounded on Wednesday, recovering intraday losses, primarily driven by strong fag-end buying and a significant rally in blue-chip Reliance Industries.

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.com12 May 2026

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.