RBI appears to have changed it stance on forex management, allowing the rupee to depreciate gradually, thus preserving forex ...

Pranav Haridasan of Axis Securities anticipates Budget 2025 will focus on growth while maintaining fiscal discipline. He ...

On a trade-weighted basis, the dollar is at close to the highest level it has ever been. Thus, on an objective basis, a ...

Spot gold rose 0.4% to $2,751.66 per ounce by 1507 GMT. Gold had dropped over 1% in the previous session, marking its ...

RBI partners with fintech firm Cred to launch retail e-Rupee wallet, marking a major expansion of India's CBDC program.

In a historic move, MobiKwik has become the first fintech company in India to launch a Central Bank Digital Currency (CBDC) wallet, called e-rupee (e₹). The pioneering effort was done in association ...

MobiKwik, in partnership with RBI and Yes Bank, has launched India's full-scale Central Bank Digital Currency, the e-rupee ...

The digital rupee (e₹) is the RBI's official digital currency, functioning like physical cash with the backing of the central bank.

The softening of yields in early trade was attributed to the RBI's liquidity-infusion measures, which helped soothe market ...

Fintech major Mobikwik has become the first fintech to roll out a full-scale Central Bank Digital Currency (CBDC) wallet, ...

The country’s largest digital wallet Mobikwik, has launched a full-service version of the Reserve Bank of India’s Central Bank Digital Currenc.

Cred has introduced the e-Rupee wallet in partnership with Yes Bank, under the RBI's CBDC initiative. This wallet enables UPI ...