Forex traders said the rupee witnessed high volatility as the support from positive domestic equities and foreign fund inflows was negated by risk-off sentiments among investors. Illustration: Dominic Xavier/Rediff Key Points Rupee’s early gains hit a roadblock Rupee remains sensitive to
Alarmed by the digital fraud crisis, the Supreme Court has ordered the Centre to formulate a robust SOP, emphasising the need for banks to proactively prevent cybercrimes and protect vulnerable customers from digital arrest scams IMAGE: Kindly note that the
‘There is a lot of euphoria in the country after a trade agreement is signed. But it is an illusion for us. What is more important is making it real.’ Kindly note the image has been posted only for representational
The selling was driven by volatile currency movements, global trade tensions, concerns over potential US tariffs and stretched equity valuations. Illustration: Dominic Xavier/Rediff Key Points In 2025, FPIs pulled out a net Rs 1.66 lakh crore FPIs invested Rs 8,129
With lower tariffs, India’s labour-intensive sectors, such as textiles, leather and footwear, handicrafts, chemicals, and gems and jewellery, will be more competitively priced in the US market compared to these nations. Illustration: Dominic Xavier/Rediff Key Points Goyal also dismissed criticism
Gold consolidation and recovery suggest that bias still remains positive. However, in case of silver, outlook remains cautious of volatility and further corrections. Illustration: Dominic Xavier/Rediff Key Points Inflation readings from China, Germany, and India will be keenly watched Bias
The existing guidelines in respect of lending to InvITs are also being harmonised for parity with prudential safeguards proposed for lending to REITs. Illustration: Dominic Xavier/Rediff Key Points There are five listed REITs in India Measures for development of corporate
This comes after the government fell short of its budgeted divestment target of about Rs 47,000 crore in FY26. Photograph: PTI Photo from the Rediff Archives Key Points The Centre and LIC together hold a 95% stake in IDBI Bank,
The bank’s core net interest income on a standalone basis grew 9.04 per cent to Rs 45,190 crore from Rs 41,446 crore in the year-ago period on the back of 15.14 per cent loan growth and a 0.03 per cent
‘In the last one year, we have added more than Rs 1.7 trillion, and we are on track.’ IMAGE: Indian Bank. Photograph: ANI Photo Indian Bank has posted a consolidated net profit of Rs 3,146.88 crore in the third
