The Reserve Bank of India (RBI), India’s central bank, has confirmed a partnership with Ripple Labs for its Digital Rupee ...

The Indian rupee is likely to hover near its all-time low on Friday as concerns about portfolio outflows override the ...

The Indian rupee weakened on Thursday to close just shy of its all-time low, pressured by foreign portfolio outflows and ...

The Reserve Bank of India (RBI) is expanding its cross-border payments platform to enable instant settlements, with plans to ...

Updated - November 28, 2024 at 04:08 PM. | Mumbai ...

Finance Minister Nirmala Sitharaman confirmed that the Reserve Bank of India (RBI) will be at the helm of launching the ‘ digital rupee ’. The digital rupee will run on the blockchain with the ...

The Reserve Bank of India (RBI) is seeking to expand its cross-border payments platform — which will allow instant settlement ...

India’s upcoming digital rupee may not necessarily use blockchain technology for RBI ’s central bank digital currency (CBDC). “The technology choices are open,” said RBI executive director ...

Commonly known as the digital rupee, it will be exchangeable at par with existing currencies and will be considered acceptable for payments and a safe store of value. Also being called the e₹ or ...

Money Talks: India's Luxury Market Expected to Surge to Rs 82,186 crore by 2027; BT Magazine’s The Point Decodes Key Figures China's real estate crisis: How things came to such dire pass and ...

India's finance minister has said the country will launch a digital version of the rupee as early as this year. In her annual budget speech, Nirmala Sitharaman also outlined plans for a 30% tax on ...

From the launch of the retail digital rupee and a likely increase in the repo rate to a new rule to calculate the minimum amount due on credit cards, a lot is happening in December. Here’s what ...