Central Bank Budget
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From PAN-Aadhaar Rules To Credit Score Updates, Key Financial Reforms Kicking In From January 1, 2026
Major financial rule changes in India starting January 1, 2026, will impact banking, taxation, and household budgets.
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Why Are Food Prices Rising? Centre Answers In Key Document Before Budget
The central government's timely interventions and stability measures by the Reserve Bank of India (RBI) helped maintain retail inflation at 5.4% despite the pandemic and geopolitical tensions, according to the Economic Survey 2024.
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Crypto Sector Disappointed Over Australia's Decision to Treat Digital Currencies as Assets
The cryptocurrency industry said on Wednesday it was disappointed with Australia's decision to continue treating digital currencies as assets for tax purposes, and not as foreign currency. The government said in its budget announcement on Tuesday it would introduce legislation to enshrine the treatment of digital currencies such as Bitcoin as an as...
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CBDC: RBI to Commence Pilot Launch of E-Rupee for Specific Use Cases
The RBI on Friday said it will soon commence the pilot launch of e-rupee for specific use cases to boost India’s digital economy, making payment systems more efficient, and checking money laundering. The Government of India had announced the launch of the Digital Rupee — a Central Bank Digital Currency (CBDC) from fiscal year 2022-23 onwards in...
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Digital Rupee in 2022–23: How Industry Stakeholders See the Move by Government
Digital Rupee is planned to launch in 2022–23, Finance Minister Nirmala Sitharaman revealed while presenting the Union Budget 2022 on Tuesday. Fintech industry stakeholders and cryptocurrency exchanges are optimistic about the move. However, some experts are raising concerns due to the lack of details at the moment.
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Union Budget 2022: Digital Rupee Using Blockchain Technology to Be Launched by RBI in 2022-23
India will be getting its blockchain-backed digital currency this year, Finance Minister Nirmala Sitharaman said in her Union Budget speech on February 1, 2022. The Central Bank Digital Currency or CBDC will be regulated by the Reserve Bank of India. While Sitharaman did not announce any plans of banning the crypto sector, she did reveal a tax on c...
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CBI Gets Rs 835.75 Crore In Budget 2021, Nominal Cut From Ongoing Fiscal
The Central Bureau of Investigation (CBI), which is probing high-ticket corruption cases and has registered bank fraud cases of over Rs 67,000 crore last year, received Rs 835.39 crore in the Union Budget today, a nominal cut from Rs 835.75 crore it received as per revised estimates for 2020-21.
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RBI Announces New System To Settle Bad Loans
Last year, the RBI ordered banks to force roughly 40 of the biggest corporate loan defaulters into bankruptcy proceedings.
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RBI Monetary Policy Highlights: Repo Rate Kept Unchanged At 6%
The central bank held the repo rate unchanged. The Reserve Bank of India's policy announcement is the first after the release of Budget 2018 and comes amid a turmoil in global financial markets.
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Sensex Falls 113 Points, Nifty Settles Below 10,500 As RBI Keeps Rates Unchanged
The stock markets declined on Wednesday with the BSE Sensex falling more than 100 points amid a recovery in global markets. Most Asian markets ended in the red, while European markets were mostly higher in early trade. Overnight, the Dow Jones Industrial Average rose over 2 per cent in a volatile session and most of the Asian markets were also in t...
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From PAN-Aadhaar Rules To Credit Score Updates, Key Financial Reforms Kicking In From January 1, 2026
Major financial rule changes in India starting January 1, 2026, will impact banking, taxation, and household budgets.
-
Why Are Food Prices Rising? Centre Answers In Key Document Before Budget
The central government's timely interventions and stability measures by the Reserve Bank of India (RBI) helped maintain retail inflation at 5.4% despite the pandemic and geopolitical tensions, according to the Economic Survey 2024.
-
Crypto Sector Disappointed Over Australia's Decision to Treat Digital Currencies as Assets
The cryptocurrency industry said on Wednesday it was disappointed with Australia's decision to continue treating digital currencies as assets for tax purposes, and not as foreign currency. The government said in its budget announcement on Tuesday it would introduce legislation to enshrine the treatment of digital currencies such as Bitcoin as an as...
-
CBDC: RBI to Commence Pilot Launch of E-Rupee for Specific Use Cases
The RBI on Friday said it will soon commence the pilot launch of e-rupee for specific use cases to boost India’s digital economy, making payment systems more efficient, and checking money laundering. The Government of India had announced the launch of the Digital Rupee — a Central Bank Digital Currency (CBDC) from fiscal year 2022-23 onwards in...
-
Digital Rupee in 2022–23: How Industry Stakeholders See the Move by Government
Digital Rupee is planned to launch in 2022–23, Finance Minister Nirmala Sitharaman revealed while presenting the Union Budget 2022 on Tuesday. Fintech industry stakeholders and cryptocurrency exchanges are optimistic about the move. However, some experts are raising concerns due to the lack of details at the moment.
-
Union Budget 2022: Digital Rupee Using Blockchain Technology to Be Launched by RBI in 2022-23
India will be getting its blockchain-backed digital currency this year, Finance Minister Nirmala Sitharaman said in her Union Budget speech on February 1, 2022. The Central Bank Digital Currency or CBDC will be regulated by the Reserve Bank of India. While Sitharaman did not announce any plans of banning the crypto sector, she did reveal a tax on c...
-
CBI Gets Rs 835.75 Crore In Budget 2021, Nominal Cut From Ongoing Fiscal
The Central Bureau of Investigation (CBI), which is probing high-ticket corruption cases and has registered bank fraud cases of over Rs 67,000 crore last year, received Rs 835.39 crore in the Union Budget today, a nominal cut from Rs 835.75 crore it received as per revised estimates for 2020-21.
-
RBI Announces New System To Settle Bad Loans
Last year, the RBI ordered banks to force roughly 40 of the biggest corporate loan defaulters into bankruptcy proceedings.
-
RBI Monetary Policy Highlights: Repo Rate Kept Unchanged At 6%
The central bank held the repo rate unchanged. The Reserve Bank of India's policy announcement is the first after the release of Budget 2018 and comes amid a turmoil in global financial markets.
-
Sensex Falls 113 Points, Nifty Settles Below 10,500 As RBI Keeps Rates Unchanged
The stock markets declined on Wednesday with the BSE Sensex falling more than 100 points amid a recovery in global markets. Most Asian markets ended in the red, while European markets were mostly higher in early trade. Overnight, the Dow Jones Industrial Average rose over 2 per cent in a volatile session and most of the Asian markets were also in t...
