200 stories found
Moscow has formally submitted a proposal to New Delhi for the supply of five additional S-400 Triumf air defense missile systems valued at approximately 50,000 crore rupees. The potential deal would significantly expand India’s existing long-range aerial surveillance and interception capabilities.
India’s securities regulator has granted final approval for Jio Platforms’ initial public offering, valued at approximately 37,700 crore rupees. The transaction is expected to rank among the largest equity listings in Indian market history.
Former Reserve Bank of India governor Raghuram Rajan stated that recent rupee fluctuations against the dollar do not indicate a panic situation, citing successful central bank interventions to stabilize currency reserves.
The Indian rupee dipped slightly against the US dollar in early trading, while the greenback also posted minor gains against the Japanese yen. Currency markets reflected cautious sentiment amid shifting global economic indicators.
A new Reserve Bank of India scheme provides financial incentives to the overseas Indian community, successfully helping to stabilize the domestic currency.
Motilal Oswal has initiated coverage on Adani Enterprises with a buy rating and a 3,880 rupee price target, citing significant upside potential. The brokerage also recommended purchasing shares of cable manufacturer R R Kabel, setting a target of 3,400 rupees based on strong fundamentals.
Driven by currency depreciation and limited domestic exposure to global growth themes, affluent Indian investors are significantly increasing their capital allocations to international financial markets.
Divya Mittal, an ex-Additional Superintendent of Police in Rajasthan, has been cleared of bribery allegations involving a demand for 2 crore rupees, bringing relief to the senior officer.
The United States has threatened Iran with an "economic D-Day" and new sanctions, leading to long queues at petrol stations in Iran and concerns about the impact on its economy. China has expressed opposition to the US sanctions, while Egypt and Kurdistan have welcomed the US decision to remove Syria from the terrorism list.
Precious metal values dropped by Rs600 per tola while the Pakistani rupee strengthened slightly against the US dollar.
Cholamandalam Investment and Finance Co., a major Indian shadow lender, intends to raise up to 20 billion rupees ($209 million) through the issuance of perpetual bonds, marking the largest such debt offering by a non-bank entity in India.
A beggar in Karnataka, India, died and was found to have accumulated savings of 8.4 lakh rupees (approximately $10,000 USD) in currency notes and coins. The discovery was made after her death, revealing a substantial hidden fortune despite her life of begging.
The tariff dispute between the United States and Canada is escalating, with Canada demonstrating a firm stance against US trade policies. This comes as global economic factors, including crude prices and the rupee's performance against the dollar, are under scrutiny.
The Indian Rupee opened 6 paise higher at 95.64 against the US dollar, with market attention also focused on Brent crude oil prices.
The outlook for the rupee and bond yields appears uncertain due to hawkish monetary policy minutes and the ongoing conflict in West Asia, though record forex inflows offer a cushion for the central bank.
Indian markets have posted their second consecutive weekly decline, with the rupee further depreciating against other currencies.
Open interest in Indian rupee futures has significantly increased, attributed to arbitrage trades and potential intervention in the market.
The Directorate General of Foreign Trade (DGFT) has amended the Foreign Trade Policy 2023 to align with RBI's 2023 foreign exchange rules, granting rupee export earnings the same benefits as dollar and euro payments.
A severe drought in Sri Lanka is threatening drinking water and crops, prompting the government to allocate billions of rupees for water supply to tens of thousands of residents and natural reserve protection.
The Indian rupee closed at a three-week low of 95.75, with substantial central bank interventions over nine trading sessions preventing further losses for the local currency.
The BJP and JD(S) parties have stalled proceedings in both Houses of the Karnataka legislature for a second consecutive day, demanding the dismissal of Planning and Statistics Minister B Nagendra over his alleged involvement in a multi-crore rupee scandal.
Indian traders are reducing their bets on gains in the rupee and short-term bonds after India's unexpected decision to close a special foreign-currency deposit swap window earlier than anticipated.
The Indian rupee is currently experiencing a period of 'borrowed breathing space,' indicating a temporary stabilization or relief in its market performance.
A man from Delhi reportedly left his 40,000 Rupee job to establish a dairy farm, which now generates a monthly profit of 3.25 lakh Rupees and an annual revenue of 1.2 crore Rupees.
The Allahabad High Court has rejected a lawyer's plea seeking 4.8 crore rupees in pending fees from the state of Uttar Pradesh.
Looking ahead to the coming week, the Indian rupee is anticipated to trade within a narrow range. Meanwhile, bond traders are closely awaiting the release of policy minutes for further guidance on monetary policy.
A man was fined 5 lakh rupees after he woke a sleeping polar bear by sounding a ship horn, an incident that quickly led to a penalty.
Seven laborers in Madhya Pradesh, India, have discovered a diamond worth 50 lakh rupees in an abandoned mine.
The Indian Rupee depreciated by seven paise against the US dollar in early trade, influenced by foreign institutional investor (FII) selling and heightened geopolitical uncertainties, including the Strait of Hormuz standoff.
Armed men raided a private mine in Mahian Kor, BalocChagai, abducting seven workers and stealing equipment worth millions of rupees.
Individual retail traders in India incurred losses totaling $9.6 billion (916.85 billion rupees) from equity futures and options trading in the fiscal year ending March.
India's Enforcement Directorate has filed chargesheets against Reliance Communications and Reliance Infrastructure, alleging money laundering in a bank fraud case involving over 40,000 crore rupees.
Pakistan has sanctioned 10 billion rupees for its textile and export sectors, implementing duty drawback and technology upgradation schemes to boost liquidity and support growth.
The Indian rupee depreciated by six paise against the US dollar, reaching 95.28, influenced by a strong dollar, rising US Treasury yields, and increased importer demand.
An article offers advice on how individuals can significantly reduce the amount of interest paid on a home loan over its 20-30 year term, potentially saving lakhs of rupees.
A man has won 1.34 lakh rupees after his electric scooter allegedly failed to deliver its advertised 200 km range.
India's central bank successfully raised $40 billion from its diaspora through a rare push to repatriate savings, exceeding expectations and providing support for the struggling rupee.
The Euro strengthened by 0.06% against the dollar, reaching 1.153 dollars, while the Indian Rupee rose by 31 paise. The Rupee's gain was attributed to a weaker dollar, lower oil prices, and continued foreign institutional investor inflows.
House-help platforms like Snabbit and Urban Company's InstaHelp have each completed one lakh jobs, with intense competition driving hourly service prices down to as low as twenty-nine rupees in some areas.
Noida and Ghaziabad have attracted 19,000 crore rupees in real estate investments, becoming key homebuilding centers in Uttar Pradesh and are projected to add nearly 23,000 new housing units.
The Indian government has approved an 84,084-crore rupee (approximately $8.81 billion) scheme to boost offshore oil and gas exploration and production. The plan aims to enhance the country's energy security through increased domestic output.
A job fresher was almost defrauded of thousands of rupees on Instagram by scammers who exploit the trust associated with messages from loved ones, using known names, pictures, and personal information.
Two consumers in Kerala successfully won refunds and compensation for faulty products, with one receiving 4,000 rupees for wrong-colored shoes and another 2.3 lakh rupees for a defective new motorbike.
An assistant professor in Bengaluru was allegedly stabbed by her father after she objected to his demand for a 40 lakh rupee dowry from her groom-to-be.
Key topics for the UPSC exam include the ongoing Cauvery Water Dispute, discussions around Eco-Sensitive Zones, and the economic implications of the Rupee being overvalued.
A Kerala consumer commission ordered an e-commerce platform to refund a customer and pay 8,000 rupees in compensation after it delivered incorrect wireless earbuds and ignored repeated customer concerns, deeming it a deficiency in service and unfair trade practice.
An employee of Savitribai Phule Pune University (SPPU) has been accused of selling fake degrees for 3 lakh rupees, prompting the launch of an official investigation into the matter.
Hillhouse Investment Management-backed Elevate Campuses Ltd. is reportedly preparing to launch its 25.55-billion rupee ($267 million) initial public offering in India as early as August.
The Indian Rupee is anticipated to maintain its rise past 96 against the dollar, supported by the Reserve Bank of India's actions and soft oil prices, countering the dollar's overall strength.
The number of individuals in India with rupee billionaire status, based on income, has surpassed 500 in the fiscal year 2025.
Oil prices have fallen significantly, with Brent crude dropping below $92, as a 'pause' in US-Iran hostilities and declining commercial shipping in the Red Sea due to Houthi attacks influence global markets. The Indian Rupee also strengthened against the US dollar, supported by these developments.
Opposition parties in Portugal and Pakistan have criticized their respective governments. In Portugal, the government is accused of profiting from rising fuel prices, while in Pakistan, the PTI has slammed the government over a 1.8 billion rupee package for bureaucrats.
India's new anti-paper leak bill proposes severe penalties, including up to 10 years in jail and fines of 10 crore rupees, to combat exam paper leaks.
India has reportedly paid $15 billion for Russian oil imports in rupees over three months as its purchases of Russian oil soared.
A 10-year-old girl in Uttar Pradesh died by suicide after being accused of stealing 10 rupees and allegedly beaten and publicly shamed by two teachers at her school, prompting a police investigation.
The Bombay High Court dismissed a wife's request for interim maintenance of one lakh rupees monthly from her estranged husband, citing her significant professional income and residence abroad, stating high living costs abroad alone are not sufficient grounds.
Gold prices have jumped by Rs4,600 per tola, reaching a two-week high in the international market. This rally is attributed to a soft dollar and escalating tensions in the Middle East, while the Pakistani rupee also saw a slight gain against the dollar.
The Chhattisgarh High Court upheld a divorce order, ruling that a wife's refusal to live with her husband and her demand for two crore rupees to agree to divorce proceedings constituted mental cruelty.
A detailed report outlines the immense cost, complex engineering challenges, and significant social implications of India's 44,605-crore rupee project to link two rivers.
Bollywood actor John Abraham has reportedly bought an 84 crore rupee bungalow in Mumbai's Bandra, following a previous villa purchase in Khar.
A forest officer in Bengaluru lost 10 lakh rupees after clicking on a fake wedding invitation link, falling victim to an online scam.
A Kerala consumer commission ordered Qatar Airways to pay ten lakh rupees compensation after the airline denied boarding to two children, including an infant, despite issuing boarding passes. The court deemed this a deficiency in service and unfair trade practice.
The Reserve Bank of India (RBI) has intervened in the market to support the rupee as the currency approaches a record low against the US dollar, aiming to stabilize its value.
Police in India have launched an investigation into the alleged theft of 30 million rupees (US$311,573) in donations from a revered Hindu shrine. Eight individuals responsible for handling the donations have been arrested in connection with the probe.
A peon in the Pune civic body has been accused of running a job racket, allegedly duping engineers of lakhs of rupees.
An Indian woman has won 5.5 lakh rupees in relief after suffering a life-threatening syndrome caused by the side effects of a painkiller.
A firm in Pune, India, reportedly lost 10 lakh rupees (approximately $12,000 USD) due to a minor typo in an email domain, changing from '.com' to '.cam', highlighting a significant cybersecurity vulnerability.
Law enforcement officials are under investigation for allegedly demanding a 25 million rupee bribe to avoid applying the Pre-Conception and Pre-Natal Diagnostic Techniques Act in an ongoing murder case.
Financial publications report current foreign exchange rates for the Sri Lankan rupee, providing market participants with updated currency valuation data amid ongoing economic adjustments.
Sri Lanka national expressway network has collected over 124 million rupees in toll fees within just two days of operation, signaling strong initial traffic volumes. The revenue boost comes as the country works to improve domestic transportation infrastructure and reduce travel times.
Sri Lankan police detained a couple in Matara after discovering a large cache of illicit narcotics, including heroin and methamphetamine, valued at approximately 70 million rupees.
The bank's lead economic advisor stated that recent currency weakness does not warrant panic, pointing to underlying structural stability in India's financial system.
The Indian rupee opened slightly lower against the US dollar at Rs 95.44, mirroring mixed movements across Asian currencies. Investors are closely watching for potential Reserve Bank of India interventions to stabilize the currency amid broader market volatility.
The Reserve Bank of India is actively defending the rupee against depreciation pressures, bolstered by a recent surge in foreign exchange reserves amid higher global oil prices.
Indian energy firm Adani Energy Solutions has been awarded a 4,700 crore rupee transmission project in Maharashtra, prompting a rise in its share price. The contract will support regional power grid development and expand the company’s infrastructure portfolio.
Law enforcement in Gurugram dismantled an online criminal network operating through Telegram, arresting five individuals accused of facilitating multi-million rupee money laundering schemes tied to Chinese syndicates.
Iran has threatened retaliation following the announcement of new US sanctions, which target its already struggling economy. The UAE and China have also weighed in, with the UAE stating the Iran war is entering a new phase and China warning the US of potential counter-retaliation.
The Reserve Bank of India (RBI) has intervened to support the Indian rupee, which slipped to 95.74 against the US dollar due to rising crude oil prices and increased demand for the dollar.
Gold prices have increased, jumping Rs4,200 to Rs487,136 per tola, as global interest rates reached a three-month high, while the Pakistani rupee saw a slight uptick.
India's IPO market experienced a significant recovery in August, with over twenty companies raising more than 21,000 crore rupees through public offerings, marking the most active month in nearly a year.
The Indian Rupee remained largely unchanged, balancing the pressures of high oil prices with supportive measures from the Reserve Bank of India.
Foreign Portfolio Investors (FPIs) injected Rs 23,544 crore into Indian equities in August, driven by an earnings revival and stability in the rupee, following significant withdrawals in previous months.
Indian markets have recorded their second consecutive weekly decline, accompanied by a further depreciation of the rupee against major currencies.
The Indian Rupee has dipped over the week due to lingering oil price concerns, with intervention preventing it from falling past 96 per US dollar.
After three decades, India's Supreme Court has acquitted two individuals who were accused of taking a 20 Rupee bribe.
Indian Income Tax authorities have uncovered a trail of Rs 1.29 lakh crore in overseas remittances, with money reportedly sent to countries including China and the UAE, amidst pressure on the rupee.
The final hours of Twisha Sharma are under scrutiny, with her family accusing Samarth Singh and his mother of pressuring her to move funds for Chinese stock purchases, leading to a violent outburst over a 20 lakh rupee investment dispute.
Police officials in Gujarat have successfully busted a sophisticated 'Boss Scam' operation, which was reportedly handled via China and Pakistan. The operation secured over 10,000 compromised devices and prevented potential financial losses amounting to crores of rupees for citizens.
The Bharatiya Janata Party (BJP) and Janata Dal (Secular) disrupted proceedings in both Houses of the Karnataka legislature, demanding the dismissal of Minister B Nagendra over his alleged involvement in a multi-crore rupee scam.
Indian bond yields rose and the rupee fell against the US dollar after the central bank announced an early end to its FCNR deposit window. The Reserve Bank of India's decision is impacting market sentiment and currency performance.
Actor Yash states that the Ramayana film's 4000 crore rupee budget includes Hollywood promotions, emphasizing that the effort is 'doing it for India'.
The Reserve Bank of India's significant intervention in the foreign exchange market is drawing comparisons to past periods when the rupee was more tightly controlled.
Equirus predicts that India's economy could grow to $20 trillion by 2036, driven by a 14.2 percent growth in the rupee.
The founders of an Indian 'space taxi' company won 12.5 lakh rupees on Amitabh Bachchan's popular game show, Kaun Banega Crorepati (KBC) season 18.
The relative stability of the Indian rupee compared to other regional currencies like the Indonesian rupiah and Philippine peso may help attract more foreign investment into India.
India's NHAI has tightened norms, introducing a 10,000 Rupee fine for ambulances that fail to reach crash sites within 10 minutes.
A woman who was awarded 2.23 crore rupees in compensation has stated that the amount is not enough to cover the mental trauma she experienced.
The Indian rupee slipped 8 paise against the US dollar on Tuesday, reflecting caution in global markets due to rising crude oil prices and concerns over the West Asia crisis.
Pakistan has launched a multibillion-rupee airport upgrade initiative, including the completion of Gwadar airport worth Rs55 billion and the rebuilding of Karachi's Rs10 billion runway by the PAA.
Authorities in Jammu and Kashmir have put up posters and declared a 15 lakh rupee reward for information leading to the capture of Lashkar commander Mohammad Lateef Bhat, who is linked to targeted murders.
AGS Entertainment reportedly faced significant financial difficulties, nearly collapsing due to losses incurred from the film Madrasapattinam and a substantial 23-crore rupee gamble.
The Reserve Bank of India (RBI) has formulated a comprehensive strategy aimed at strengthening the Indian rupee, indicating proactive measures to manage currency stability and economic resilience.
A woman in Bengal was awarded 17.17 lakh rupees in compensation after a finance company illegally seized her truck despite her loan payments being current, an action deemed a severe deficiency in service by the consumer commission.
A boss who reportedly gave out bonuses worth 254 crore rupees allegedly fired an employee for failing to invite his mother to his wedding.
Despite significant foreign inflows totaling $49 billion, primarily driven by FCNR(B) deposits, the Indian rupee has not seen an appreciation.
Foreign portfolio investors injected 20,200 crore rupees into Indian equities in July, marking a return after four months of outflows, driven by attractive valuations.
India's efforts to attract overseas capital have resulted in more than $40 billion flowing into the country since June. This influx has boosted the Reserve Bank of India's foreign-currency buffers, helping policymakers stabilize the rupee amid rising crude prices.
Waliv police arrested seven individuals, including the chairman of GSM Foils, for allegedly plotting to kill the managing director. The motive was to avoid repaying thirty-two crore rupees after the chairman suffered significant financial losses.
The Reserve Bank of India (RBI) may face increased pressure to maintain a tighter monetary policy if US yields continue to rise, potentially complicating its strategy on interest rates and the rupee.
A luxury car manufacturer and its dealer have been ordered to pay Rs 10 lakh (1 million Indian Rupees) to a customer for concealing the purchase history of a vehicle.
India's central bank reportedly sold approximately $7 billion on Friday to defend the rupee against depreciation. Despite $32 billion in forex inflows, the rupee has yet to see a significant boost.
Owners of a safe vault in Surat, India, were arrested for stealing 2.67 crore rupees worth of gold, which they allegedly used to repay losses from trading.
The Kerala Cabinet has approved five reforms aimed at digitizing governance and tracking public spending, including SAMPATH, a digital asset registry, and PlanSpace 2.0, which will geo-tag government capital projects in real time.
The Indian rupee is reportedly no longer considered overvalued, a development that analysts suggest could provide a boost to India's economic prospects.
Bankers indicate that the Reserve Bank of India's three-day intervention push suggests a reduced tolerance for the Indian rupee's depreciation.
An Indian-origin diamond trader, who was kidnapped in Mali, has been released after his family paid a ransom of approximately 44 crore rupees (4 million Euros). The trader's freedom was secured following the significant payout.
Analysts anticipate a stable phase for the Indian rupee, with global crude oil prices and the Reserve Bank of India's policies significantly shaping its movement ahead of the Monetary Policy Committee meeting.
The Indian Rupee gained 28 paise against the US dollar, supported by declining crude oil prices and a weaker dollar. This rise was also bolstered by easing Middle East hostilities between the US and Iran, which improved global sentiment.
Pakistan's Economic Coordination Committee (ECC) has approved a 4.2 billion rupee package for the Pakistan Agricultural Storage and Services Corporation (PASSCO), linking compensation to the disposal of wheat stock.
Pakistan's economic discourse is focused on the weakening rupee and whether the exchange rate should be defended or strengthened, with headlines often screaming 'devaluation'.
The Indian Rupee recovered 22 paise against the US dollar in early trade, despite Brent crude topping $100, with the Reserve Bank of India's intervention likely aiding stabilization.
India's Central Consumer Protection Authority has fined Chaayos 50,000 rupees for automatically adding service charges to customer bills, ruling that restaurants cannot compel customers to pay voluntary tips and ordering refunds.
The Indian rupee saw a slight gain against the US dollar, though rising crude oil prices continue to exert pressure on the currency, with the Reserve Bank of India's intervention expected to limit sharper losses.
A man who ordered a 'rare' 1-rupee note online but never received it successfully won a payout of Rs 13,000.
The Indian Rupee has fallen by 11 paise to 96.36 against the US dollar, as US-Iran tensions and rising crude oil prices dampen hopes for a rupee rebound. Soaring crude prices are blunting capital inflows, impacting the currency's performance.
Japan has introduced an innovative device dubbed a 'human refrigerator,' designed to cool individuals in just five minutes. The product is priced at approximately 9 lakh rupees.
An 83-year-old woman lost 2 lakh rupees in just 18 minutes due to a fraudulent phone call but successfully recovered 94,339 rupees from her bank.
Burglars broke into a showroom in the Phase-2 market of Mohali, making off with cash and goods valued at lakhs of rupees.
India's defence ministry is seeking domestic firms for a 15,000 crore rupee project to develop high-altitude airship-based pseudo satellites. These platforms are intended to provide persistent intelligence, surveillance, and reconnaissance capabilities as a lower-cost alternative to existing satellite systems.
Global markets are experiencing pressure as oil prices climb above $90 per barrel, leading to a weaker opening for the Indian rupee at 96.41 against the dollar.
Pakistan's Capital Development Authority (CDA) has asked a court to set aside an arbitration award of Rs643 million to a contractor involved in the multi-billion-rupee Parliament Lodges extension project, which remains unfinished for nearly 15 years.
India's spending on LPG subsidies is expected to significantly surpass its budget allocation, potentially reaching one lakh crore rupees this fiscal year due to higher fuel prices and ongoing global uncertainties.
The Indian Rupee strengthened by fourteen paise against the US dollar in early trade, supported by upbeat equity markets, though sustained foreign fund outflows and firm crude oil prices capped further gains.
An investigation revealed how a 14% interest trap led to the diversion of 50 crore rupees from a Haryana corporation's funds.
Dairy distributors in Mumbai will increase retail milk prices by nine rupees per litre starting September 1 following a surge in wholesale costs. Consumers can expect to pay up to 110 rupees per litre as supply chain pressures drive the adjustment.
State minister Aadhav Arjuna has initiated legal proceedings demanding one crore rupees in compensation from DMK leader M.K. Stalin.
Indian ministers have expressed openness to initiating formal trade negotiations with Canada, targeting a bilateral investment treaty to expand economic cooperation worth hundreds of billions of rupees.
Indian conglomerate Vedanta, led by Anil Agarwal, intends to raise approximately $105 million through local-currency bonds in the coming weeks.
The ongoing depreciation of the Indian rupee is causing many taxpayers' undisclosed foreign assets to exceed the Rs 1 crore valuation limit, triggering higher tax bills and discouraging voluntary disclosure.
The rupee reversed early intraday gains to decline against the dollar, driven primarily by strong corporate demand for foreign exchange to cover import payments.
India's recent rupee decline and stringent currency conversion timing requirements are preventing numerous citizens from utilizing a temporary voluntary disclosure program for overseas assets capped at one crore rupees.
The Indian currency gained ground following a decline in crude oil costs and active dollar sales by the Reserve Bank of India to manage exchange rate stability.
Indian engineering firm Larsen & Toubro has secured a multi-billion rupee order to develop three battery energy storage projects in the Middle East, combining for 6 GWh of capacity.
India's leading supermarket operator Avenue Supermarts is preparing to raise up to $105 million through its largest-ever domestic corporate bond offering.
CapitaLand India Trust (CLINT) is converting its debt to Indian rupees, holding approximately S$1.7 billion in borrowings as of June 2026, in response to the falling INR.
The Indian rupee has fallen to a record low, with one UAE dirham now equivalent to 26 rupees for remitters.
Traders report that the Indian central bank has likely intervened in the market to stabilize the rupee amidst global financial ructions.
An inflow cushion is anticipated to stabilize the Indian rupee against month-end flows, while bonds are tracking movements in oil prices and US Treasuries.
Indian markets experienced their second consecutive weekly decline, with the rupee further depreciating against other currencies amidst economic pressures.
Regular Systematic Investment Plan (SIP) contributions are crucial for long-term wealth creation, benefiting from compounding and rupee-cost averaging. Experts explain five reasons why skipping these installments can negatively impact financial goals and investment habits.
The Indian Rupee continued its rally, opening 9 paise stronger against the US dollar, while the euro also saw a slight gain. This comes amidst broader currency fluctuations and discussions about the dollar's strength.
India has eased its rupee trade rules, providing exporters with alternative payment options to boost the global use of the currency. This move aims to facilitate international trade and reduce reliance on other currencies.
The Congress government in Karnataka has firmly supported minister B Nagendra, stating he will not resign despite his alleged involvement in a multi-crore rupee embezzlement case within the Karnataka Maharshi Valmiki Scheduled Tribes Development Corporation.
The Indian Rupee opened marginally lower at 95.70 against the dollar, while other Asian currencies experienced mixed trading results in the global market.
The Indian rupee depreciated by 7 paise against the US dollar, influenced by a surge in crude oil prices beyond $90 per barrel and persistent demand for the dollar.
India has signed a 1,943-crore rupee (approximately $203 million) deal with a US firm to lease two MQ-9B Sea Guardian unmanned aircraft for its Navy. These drones will enhance the Indian Navy's surveillance capabilities in the Indian Ocean.
Multi Commodity Exchange of India Ltd. plans to invest up to 2 billion rupees to launch coal and mineral trading platforms, aiming to improve price discovery and transparency in the domestic market.
A baba in Delhi is alleged to have lured three individuals to their deaths with promises of 2 crore rupees and five laddoos.
Traders report that the Indian central bank has likely intervened in the market to defend the rupee amidst currency fluctuations.
A NASA engineer started a side hustle with just Rs 19,000 and now earns over Rs 30 lakh per month.
The Indian government has initiated an e-rupee based subsidy transfer program in Chandigarh and Dadra & Nagar Haveli, marking a new step in digital financial inclusion.
An analysis highlights the measurable financial costs and intangible losses resulting from the inefficiency of the Indian Parliament.
Actor Shakeela underwent a 3 lakh rupee neck surgery after her mobile gaming habit led to a significant injury.
The Reserve Bank of India (RBI) plans to intensify its efforts for the internationalisation of the rupee and explore faster cross-border payment mechanisms. This initiative aims to enhance the global use and efficiency of the Indian currency.
The World Bank has warned Pakistan that redirecting funds from a multi-billion-rupee resilient housing program for flood-affected populations to infrastructure projects would further damage its reputation.
Authorities have uncovered a fake call centre operating from a rented flat in Jaipur, which allegedly orchestrated an online fraud scheme amounting to over a crore rupees.
Isha Ambani garnered significant attention for her appearance in a Schiaparelli couture outfit reportedly worth over ₹50 lakh.
Employees in Punjab have approached the Supreme Court regarding 25,000 crore rupees in pending Dearness Allowance (DA), seeking resolution for their long-standing financial claims.
The Indian Rupee achieved its strongest closing level against the US dollar in a month, supported by sliding oil prices, even as the Reserve Bank of India paused its actions.
A police constable in Gujarat, a dry state, has been arrested for allegedly demanding a 12,000 Rupee bribe related to illegal liquor transport. The arrest highlights ongoing issues with corruption and prohibition enforcement in the state.
Iran has denied any current negotiations with the United States, contradicting President Trump's claims of progress on talks regarding the Strait of Hormuz. This denial comes after Trump announced he had called off a planned attack on Iran to seek a nuclear deal, causing oil prices to drop.
The Indian rupee has climbed to a one-month high, driven by a slump in oil prices and an increase in foreign investment inflows into the country.
This article provides the latest quote for the Danish Krone/Pakistan Rupee (DKKPKR) currency pair, reflecting current exchange rates.
The Supreme Court of India has ordered the Rajasthan government to pay one lakh rupees to a government official as compensation for harassment caused by political interference in a prosecution sanction.
Superstar Rajinikanth has provided financial assistance of one lakh rupees to veteran actor Mohan Sharma, who had appealed for help after facing financial difficulties and family issues.
Dubai launches a tourist referral scheme with rewards up to 2 lakh Indian Rupees.
A woman was awarded ₹22 lakh in compensation after a company failed to substantiate its claim of 'poor performance' as the reason for her termination.
New findings reveal all four dengue virus serotypes are circulating in India, with DENV-2 dominant, a discovery that will influence the country's upcoming vaccine strategy. This comes as questions are raised about the comprehensive effectiveness and challenges of a 12,000 Rupee dengue vaccine in the region.
A proposal to settle bilateral trade between Russia and Bangladesh using Indian rupees is currently under review. This initiative includes plans for establishing a dedicated payment infrastructure, such as opening a branch of a Russian bank in Dhaka.
The Indian Rupee gained five paise against the US dollar, reaching 95.77, marking its fourth consecutive session of strengthening. This rise was supported by a weaker American currency, crude oil prices remaining below $90, and improved domestic equity sentiment.
An analysis suggests that the Reserve Bank of India (RBI) should consider strategies beyond merely defending the rupee, implying a need for a more comprehensive approach to monetary policy.
Pakistani journalist Fakhar Durrani claims a foreign network attempted to recruit him to publish anti-Pakistan content, transferring 103,000 rupees to his account via digital and cryptocurrency-based payment methods.
Gold prices in Pakistan climbed by Rs. 4,000, reaching Rs431,736 per tola, as global gold prices rebounded, with silver also seeing an increase and the rupee closing at 277.86 against the dollar.
India's central bank intervened in the local currency market by selling dollars, leading the rupee to its best performance in over a month, according to traders.
Indian markets opened with gains, and the Rupee rose by 35 paise, trading at 96.18 against the US dollar.
Nepal's central bank has confirmed its intention to mint a one-rupee coin featuring a map that includes disputed territories, a move likely to spark diplomatic tensions.
An Assam woman died following a C-section procedure, leading to her husband and daughters receiving 40 lakh rupees in compensation.
A doctor was awarded a 12,500 rupee payout after a 'wrong entry' in their CIBIL credit report negatively impacted their reputation.
A man from Thane was defrauded of 12.6 lakh rupees by three scammers who offered him a job at a German company.
India is strategically utilizing its diaspora to help defend and strengthen the value of the Indian Rupee.
Abhishek Banerjee has demanded an apology and 10 crore rupees in damages from Madan Mitra after being called a 'murderer'.
Indian stocks experienced a decline and the rupee weakened as crude oil prices surged to a five-week high.
A man from Kerala successfully won an 8,400 rupee payout after being charged an 800 rupee "extra" fee for hotel check-in.
Cold storage ordered to pay 31.5 lakh rupees for selling farmer's carrots without consent
The Indian rupee is expected to open lower, trading in the 96.50 to 96.55 range, as concerns over oil prices weigh on its outlook despite inflows spurred by the Reserve Bank of India.
The Indian Rupee tumbled 12 paise against the US dollar, driven by escalating Middle East tensions that have pushed crude oil prices higher and led to foreign capital outflows from equity markets.
The persistent weakness of India's rupee has been misdiagnosed, with analysts now suggesting it primarily reflects subdued private investment and uncertainty surrounding the business climate.
A UK businesswoman of Indian origin has been sentenced to over two years in jail for committing £216,250 (approximately 2.8 crore rupees) in Covid loan fraud. She was found guilty of illegally obtaining funds intended for pandemic relief.
A woman in Bengaluru has accused a fake godman of duping her out of gold and 1.3 lakh rupees under the guise of performing a ritual.
Cyber experts warn about remote device takeover fraud scams targeting mobile users. A Lucknow woman lost over three lakh rupees in such a sophisticated scam.