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India's digital economy poised to constitute 1/5th of GDP by 2026, highlights RBI report
Several enabling forces have come together to energise this revolution. Although internet penetrati…
PTI
Rupee falls 9 paise to 83.43 against US dollar in early trade
At the interbank foreign exchange market, the local unit opened at 83.39 and lost further groun…
PTI
E-rupee worth over ₹130 crore is in circulation says FM Sitharaman
Digital or e-rupee worth over Rs 130 crore is in circulation on a pilot basis as of February 28, fi…
PTI
CBDC: RBI to soon start pilot launch of e-rupee for specific use cases
The Reserve Bank on Friday said it will soon commence the pilot launch of e-rupee for specific use …
PTI
Indian e-rupee to boost digital payments sans bank accounts, say industry stakeholders
The rollout of the e-rupee has been one of the most sought-after developments, since its announc…
Rupee rises 10 paise to 81.72 against US dollar
The rupee gained 10 paise to 81.72 against the US dollar in early trade on Tuesday tracking a weak …
PTI
Supreme Court refuses to entertain urgent plea against ₹2,000 note withdrawal
The Supreme Court on Thursday declined urgent hearing on a plea challenging the Delhi High Court's …
Zero tolerance for high volatility, says RBI guv Shaktikanta Das as Rupee stays above 80/$
RBI governor Shaktikanta Das today reiterated that keeping the Rupee stable is his primary goal. He…
RBI to launch pilot of retail digital rupee on Dec 1
The Reserve Bank on Tuesday said it will launch the first pilot for retail digital rupee (e₹-R) on …
PTI
Rupee has behaved in an orderly manner, says RBI Governor
With the rupee witnessing a downward spiral for the past several weeks, even crossing the 83 mark a…
RBI’s ‘Save the Rupee’ bill has hit over $40 billion already and it could add another $40 billion this year
Over the last six months, India's forex reserves have fallen by over $40 billion, with the RBI inte…
Indian markets open tad higher ahead of GDP data -- Zomato, SBI, NDTV, Britannia Industries among stocks to watch
Indian benchmark indices opened with marginal gains on Wednesday, amid mixed global cues. The marke…
India e-logistics industry set to touch $9 bn with e-commerce boom
India's e-logistics sector has become one of the largest and fastest growing logistics markets glob…
Diwali week cash circulation declines for the first time in 20 years: SBI Ecowrap
For the first time since 2002 – that’s 20 years – currency in circulation has declined during…
Sensex falls 642 points as US jobs data drags down global markets
Benchmark indices started the week on a lower note tracking the US and Asian markets, which were tr…
SpiceJet announces 20% salary hike for pilots, says will bring back those put on leave without pay
SpiceJet announced a 20 per cent salary hike for pilots from October onwards.
India's external debt of $620bn is sustainable: Finance Ministry report
In a recent report, the Department of Economic Affairs said the country's external debt continue…
I'd like to believe Rupee will be in a depreciating mode rather than appreciating, says L&T CFO
R Shankar Raman, the CFO of the company said that they will vie to achieve 15% growth in revenues f…
Hiring in startups up in April, despite 6% annual drop in e-recruitment: Foundit report
Despite economic uncertainties, the hiring activity among startups has significantly increased in A…
India must pitch for Rupee as dollar distancing might be finally happening: SBI Ecowrap
Many countries across the globe has been surreptitiously searching for non traditional payment and …