News for 'usd'

Key Accused Held In USD 8.5 Million US Fraud

Key Accused Held In USD 8.5 Million US Fraud

Rediff.com14 May 2026

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.com15 May 2026

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.com13 May 2026

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.

West Asia Conflict Caused Sri Lankan Rupee's Fall, Says Government

West Asia Conflict Caused Sri Lankan Rupee's Fall, Says Government

Rediff.com22 May 2026

The Sri Lankan government attributes the sharp depreciation of the rupee against the US dollar to the ongoing conflict in West Asia, citing increased costs for essential imports like gas, fertiliser, and oil.

Petr Bar Biryukov Clinches SM Krishna Memorial Open Title

Petr Bar Biryukov Clinches SM Krishna Memorial Open Title

Rediff.com7 days ago

Petr Bar Biryukov defeated Ilya Ivashka to win the men's singles title at the SM Krishna Memorial Open. Adil Kalyanpur and Mukund Sasikumar won the doubles title.

Blackstone's Neysa Networks Stake Acquisition Gets CCI Nod

Blackstone's Neysa Networks Stake Acquisition Gets CCI Nod

Rediff.com20 May 2026

The Competition Commission of India (CCI) has approved the acquisition of a stake in AI acceleration cloud provider Neysa Networks by Blackstone-backed private equity funds and other investors, following Neysa's announcement of a USD 1.2 billion capital raise.

Rupee Rebounds 50 Paise from All-Time Low to Settle at 96.36/$

Rupee Rebounds 50 Paise from All-Time Low to Settle at 96.36/$

Rediff.com21 May 2026

The Indian rupee rebounded 50 paise from its all-time closing low to settle at 96.36 against the US dollar, driven by retreating crude oil prices, signs of easing geopolitical friction, and likely central bank intervention.

Keegan Smith Wins Men's Singles Title At Karnataka Open

Keegan Smith Wins Men's Singles Title At Karnataka Open

Rediff.com16 May 2026

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.

Pakistani Hockey Players' Dues Unpaid, Allowance Slashed

Pakistani Hockey Players' Dues Unpaid, Allowance Slashed

Rediff.com22 May 2026

Pakistani hockey players are facing financial difficulties as they await pending dues from the Pakistan Hockey Federation (PHF). Their daily training camp allowance has also been reduced ahead of the FIH World Cup.

NASA Unveils Plan For Permanent Lunar Base

NASA Unveils Plan For Permanent Lunar Base

Rediff.com3 days ago

NASA has announced three missions to the moon as part of efforts to establish a permanent base on the earth's natural satellite. The USD 20 billion plan includes lunar rovers and drones for experiments to help master skills to live and operate in the dangerous environment.

Byju's Founder Byju Raveendran Sentenced to Jail in Singapore for Contempt of Court

Byju's Founder Byju Raveendran Sentenced to Jail in Singapore for Contempt of Court

Rediff.com3 days ago

Byju Raveendran, founder of the embattled edtech firm Byju's, has been sentenced to six months in jail by a Singapore court for contempt of court over alleged non-compliance with disclosure orders, a ruling he described as "procedural" and plans to appeal.

India Emerges As A Leader In Digital Economy And AI

India Emerges As A Leader In Digital Economy And AI

Rediff.com1 days ago

A new report indicates India has become the world's fifth most digitalised economy and ranks fourth globally in AI performance, driven by increasing AI adoption and a strong digital infrastructure.

Sensex, Nifty Decline on Geopolitical Cues, FII Selling

Sensex, Nifty Decline on Geopolitical Cues, FII Selling

Rediff.com3 days ago

Indian benchmark indices Sensex and Nifty closed lower for the second consecutive day, driven by investor caution over conflicting geopolitical signals from West Asia and fresh foreign institutional investor (FII) outflows.

Praggnanandhaa Aims To Break Draw Streak At Super Chess Classic

Praggnanandhaa Aims To Break Draw Streak At Super Chess Classic

Rediff.com20 May 2026

Indian Grandmaster R Praggnanandhaa is set to compete against Romania's Deac Bogdan-Daniel in the sixth round of the Super Chess Classic, part of the Grand Chess Tour, aiming to end his series of draws.

Praggnanandhaa Seeks Victory Against Bogdan-Daniel In Super Chess Classic

Praggnanandhaa Seeks Victory Against Bogdan-Daniel In Super Chess Classic

Rediff.com20 May 2026

Indian Grandmaster R Praggnanandhaa will face Romania's Deac Bogdan-Daniel in the sixth round of the Super Chess Classic, part of the Grand Chess Tour, hoping to end his series of draws.

How TCS Is Building The 'Infrastructure Of Intelligence'

How TCS Is Building The 'Infrastructure Of Intelligence'

Rediff.com16 May 2026

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.

Stock markets today: Sensex, Nifty rise on low oil price

Stock markets today: Sensex, Nifty rise on low oil price

Rediff.com1 days ago

Indian benchmark indices Sensex and Nifty climbed in early trade, driven by a significant drop in crude oil prices following reports of a potential 60-day ceasefire extension between the US and Iran, coupled with positive global market trends and buying in IT stocks.

Why US Dropped Criminal Charges Against Gautam Adani

Why US Dropped Criminal Charges Against Gautam Adani

Rediff.com18 May 2026

The U.S. Department of Justice has permanently dropped all criminal charges against Indian tycoon Gautam Adani and his nephew Sagar, bringing a high-profile securities and wire fraud case in New York to a close after prosecutors concluded they could not sustain the allegations.

Stock markets today: Sensex rises 300 points; Nifty over 23K

Stock markets today: Sensex rises 300 points; Nifty over 23K

Rediff.com22 May 2026

Indian benchmark equity indices, Sensex and Nifty, saw a rebound in early trade, driven by a rally in global markets and easing Brent crude oil prices, with hopes of US-Iran peace negotiations also contributing to investor optimism. Track Sensex, Nifty on May 22

Why Mid-Tier BFSI Firms In India Face Heightened Cyber Risks

Why Mid-Tier BFSI Firms In India Face Heightened Cyber Risks

Rediff.com2 days ago

A report indicates that mid-tier banking, financial services, and insurance (BFSI) entities in India are highly exposed to cyberattacks due to aggressive digitisation coupled with insufficient cybersecurity investments.

Why rupee is among the most vulnerable Asian currencies

Why rupee is among the most vulnerable Asian currencies

Rediff.com7 days ago

The Indian rupee is highly vulnerable among Asian currencies, with Barclays and MUFG warning of a potential depreciation towards 100/$ if the West Asia conflict persists, driven by widening current account deficits and elevated crude oil prices.

How Nihal Sarin Secured His Spot At The Esports World Cup

How Nihal Sarin Secured His Spot At The Esports World Cup

Rediff.com3 days ago

Indian Grandmaster Nihal Sarin has qualified for the chess event of the upcoming Esports World Cup (EWC) in Paris through the Champions Chess Tour (CCT) leaderboard, joining teammate Aravindh Chithambaram as the second Indian player to qualify.

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

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

Rediff.com13 May 2026

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.

Gold extends gains to Rs 1.65 lakh/10g; silver rebounds Rs 5,000

Gold extends gains to Rs 1.65 lakh/10g; silver rebounds Rs 5,000

Rediff.com21 May 2026

Gold prices in the national capital surged by Rs 600 to Rs 1.65 lakh per 10 grams, extending gains for the third consecutive day, while silver rebounded by Rs 5,000 to Rs 2.71 lakh per kilogram, driven by geopolitical tensions and inflation concerns.

US lost 42 aircraft, including fighter jets in Iran war: Report

US lost 42 aircraft, including fighter jets in Iran war: Report

Rediff.com20 May 2026

A Congressional Research Service report reveals that at least 42 US aircraft were lost or damaged during Operation Epic Fury, targeting Iran, with costs estimated to reach USD 29 billion.

Praggnanandhaa Faces Firouzja In Super Chess Classic Opener

Praggnanandhaa Faces Firouzja In Super Chess Classic Opener

Rediff.com14 May 2026

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.com17 May 2026

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.

Virat Kohli Leads IPL Earnings, KKR Tops Franchise Valuations

Virat Kohli Leads IPL Earnings, KKR Tops Franchise Valuations

Rediff.com19 May 2026

Virat Kohli has emerged as the highest earner in IPL history, grossing Rs 230 crore. Kolkata Knight Riders leads franchise valuations at over Rs 19,200 crore. The average IPL team valuation is projected to jump to USD 15 billion by 2032.

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.com17 May 2026

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.com10 May 2026

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

Vincent Keymer Clinches Super Chess Classic Title; Praggnanandhaa Finishes With Draw

Vincent Keymer Clinches Super Chess Classic Title; Praggnanandhaa Finishes With Draw

Rediff.com7 days ago

Vincent Keymer secured the Super Chess Classic title with a victory over Jorden Van Foreest, while R Praggnanandhaa concluded his campaign with a draw against Anish Giri. Keymer's win earned him the top prize and boosted his chances for the Grand Chess Tour finals.

Mukesh Ambani draws nil salary for sixth consecutive year

Mukesh Ambani draws nil salary for sixth consecutive year

Rediff.com2 days ago

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.

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.

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.

Tanvi Patri Finishes Runner-Up At Austrian Open

Tanvi Patri Finishes Runner-Up At Austrian Open

Rediff.com6 days ago

Young Indian shuttler Tanvi Patri finished as runner-up at the Austrian Open International Series, losing to Canada's Rachel Chan in the women's singles final. In mixed doubles, the Indian pair of Sathish Karunakaran and Zenith Abbigail also finished as runners-up.

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.

Salesforce To Create 'Digital Labour Platforms', Not Replace Humans

Salesforce To Create 'Digital Labour Platforms', Not Replace Humans

Rediff.com18 May 2026

Salesforce is concentrating on developing 'digital labour platforms' and using AI to augment human capabilities rather than replace them, according to a senior company official.

Gripen fighters escort Modi's plane on arrival in Sweden

Gripen fighters escort Modi's plane on arrival in Sweden

Rediff.com17 May 2026

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