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4 mins read
Explained: International trade settlement in Rupees and why RBI is doing it
The Reserve Bank of India’s efforts to keep the Rupee stable and cut down the use of the US Dollar …
4 mins read
Rupee likely to touch 82 against the greenback
Indian rupee on Friday fell to a low of 81.27 against the US dollar in early trade on the back of m…
2 mins read
Russia doesn't know what to do with the $1 billion in rupees it is amassing in India each month
Russia cannot even send the rupees back home either because India has restrictions over capital flo…
Huileng Tan
1 min read
India, UAE in talks for rupee-dirham denominated bilateral trade
India and UAE are in talks for a Rupee-Dirham-denominated bilateral trade.
ANI
1 min read
Rupee, bond yield ends almost flat ahead of the long weekend
At the interbank foreign exchange market, the rupee ended at 79.66 against the US dollar, as aga…
4 mins read
Tamil magazine editor S. Gurumurthy 'pressurised' to take up RBI Board position
As a post script in his email, Gurumurthy told Venkatachalam: "You all think that me being in the R…
1 min read
Moscow Exchange says it will stop accepting US dollars as collateral amid Russia's move away from 'toxic' currencies
Russia has been diversifying from Western currencies such as the US dollar and the euro, which are …
Huileng Tan
1 min read
Indian travellers in UAE can now use UPI for payments
This will make payments in UPI seamless for Indian travellers as it will become as easy and qu…
2 mins read
Crypto exchange Bitex’s new utility token aims to simplify trading in rupee
Utility tokens can become full-fledged cryptocurrency in future, but there’s usually a…
5 mins read
'Ms. Marvel' brought Pakistani music to a global audience, but the unlikely savior of the country's music scene? Coca-Cola.
"Ms. Marvel" brought global attention to Pakistani music, but without the efforts of corporations l…
Mohammad Zaheer
9 mins read
Choosing the best cryptocurrency exchange — your options and how to pick between them
An exchange plays a key role in enabling cryptocurrency trade and use. In the simplest terms…
2 mins read
Rupee may depreciate to 77 against dollar in next few sessions
The foreign portfolio investors (FPIs) will hold a clue because if they keep selling and the marke…
PTI
1 min read
RBI wants to extend forex trading timings to bring more global players
The Reserve Bank of India (RBI) is proposing to increase timings for forex trade to bring in more…
4 mins read
Outsourcing Currency Printing: Countries Are Courting Risk
Some time ago, the Committee On Public Undertakings (COPU) expressed serious concern over outsourci…
1 min read
Exclusive: Paytm founder-CEO Vijay Shekhar Sharma talks about his plans to go global
The company will soon launch cards with QR codes to enable users to make financial transactions, an…
4 mins read
Indian stock markets wobble as uncertainty builds around the U.S. election this week. What should investors do?
US presidential elections are causing uncertainty in the Indian stock market. Investors are cautiou…
7 mins read
Tech titans love Modi's economic powerhouse India — despite mass unemployment and abject poverty
India is on track to become the world's third-largest economy by 2027, but Narendra Modi faces a pi…
Theron Mohamed
1 min read
India's central bank urges lenders to de-dollarize trade with the UAE using local currencies
The Reserve Bank of India is pushing for non-dollar trade with the United Arab Emirates, sources to…
Filip De Mott
5 mins read
The bloc of countries that wants to overthrow the US dollar is set to gain 6 new members here's what the potential recruits have said about de-dollarization
Brazil, Russia, India, China, and South Africa have invited Saudi Arabia, Argentina, Egypt, Ethiopi…
Huileng Tan
2 mins read
Cryptocurrencies akin to 'a world of Caribbean pirates' in absence of regulation, says CEA
Chief economic adviser V Anantha Nageswaran on Thursday said cryptocurrencies are akin to 'a world …