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 ...

Indian bonds and stocks rallied after the central bank’s cash-infusion plan fueled hopes of an interest-rate cut as early as ...

Bank of America forecasts a shift in India’s RBI monetary policy, predicting a 25 bps repo rate cut to 6.25% in February.

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 ...