Rupee falls 23 paise to settle at fresh record low

The rupee fell 23 paise against the greenback to settle at a new all-time low of 91.01 (provisional) on Tuesday, weighed down by relentless foreign fund outflows, no breakthrough in India-US trade deal, and persistent US dollar buying. Illustration: Dominic

PM Internship Scheme Sees Lower Take-Up

While 28,141 applicants accepted internship in round one, in the second phase this was down to 24,638. Kindly note that this illustration generated using ChatGPT has only been posted for representational purposes.   Under the Prime Minister Internship Scheme (PMIS),

Gold surges Rs 4,000 to fresh lifetime high of Rs 1.37 lakh/10g

Gold prices surged by Rs 4,000 to touch an all-time high of Rs 1,37,600 per 10 grams in the national capital on Monday, tracking firm global cues, according to the All India Sarafa Association. Photograph: Arnd Wiegmann/Reuters The precious metal

Rupee slumps 29 paise to close at all-time low of 90.78/USD

The rupee on Monday crashed to its lowest-ever level of 90.80 before settling at a new all-time low of 90.78 against the US dollar, registering a loss of 29 paise over its previous close, weighed down by uncertainty over an

India’s IPO Count Crosses 100 After 18 Years

The milestone crowns a record year for the domestic primary market where IPO mobilisation is set to cross Rs 1.7 trillion. Kindly note that this illustration generated using ChatGPT has only been posted for representational purposes.   Mainboard initial public

Auto: 2026 will see launch of over 25 new cars

Starting January, the market is expected to welcome models like the Tata Punch 2025 which is expected to be around ₹6 lakh, Mahindra BE 07 EV around ₹29 lakh, Maruti WagonR Electric around ₹8.5 lakh, Toyota 3-Row SUV around ₹14

TVs may be costlier from January due to memory chips shortage, weak rupee

Prices of televisions are expected to rise by 3-4 per cent from January next year on account of the rising cost of memory chips and depreciation of the rupee, which recently crossed the 90-to-a-dollar mark for the first time. Photograph:

FPIs withdraw Rs 17,955 cr from Indian equities so far in Dec

Foreign investors pulled out Rs 17,955 crore (Rs 2 billion) from Indian equities in the first two weeks of this month, taking the total outflow to Rs 1.6 lakh crore (Rs 18.4 billion) in 2025.’ Illustration: Dominic Xavier/Rediff This sharp

RBI Warns Against Stablecoins, Backs CBDCs

‘We have seen that stablecoins lack the basic attributes of money, their advantages are neither unique nor unambiguous and their risks are all too real.’ IMAGE: Reserve Bank of India Deputy Governor T Rabi Sankar speaks at the Global Fintech

IndiGo moves Delhi HC seeking Rs 900 crore Customs duty refund

InterGlobe Aviation, the operator of IndiGo, has approached the Delhi high court seeking a refund of over Rs 900 crore it claims to have paid as Customs duty on aircraft engines and parts re-imported into India after overseas repairs. Photograph: