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Biggest Surge In 12.5 Years: How RBI Is Saving Rupee From Iran War Jitters
The rupee jumped 1.3 per cent to around Rs 93.53 per dollar on Thursday -- the most since September 2013.
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India's $60-$70 Oil Dream Is Slipping And It May Not Be Ready, Warns A Brokerage
For years, relatively low crude prices helped anchor inflation, support the rupee, and give policymakers room to drive growth. That buffer is now weakening.
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RBI Slashes Repo Rate By 25 Basis Points To 5.25%, Loans To Get Cheaper
The Reserve Bank of India (RBI) has slashed its repo rate by 25 basis points from 5.5% to 5.25%, the central bank's governor Sanjay Malhotra announced this morning.
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NPCI Enhances UPI Payments with Biometric, Wearable Glass Verification
NPCI and RBI unveiled several initiatives to advance India’s digital payments ecosystem on Tuesday. NPCI launched on-device biometric authentication for UPI, allowing fingerprint or face unlock for transactions up to Rs. 5,000, and Aadhaar-based face authentication for setting or resetting UPI PINs. UPI Lite now supports payments via wearable sma...
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Bitcoin Holds Firm as Crypto Traders Look to Seasonal ‘Uptober’ Rally
The crypto market steadied on October 1, with Bitcoin holding above $114,000 and Ethereum near $4,140. Analysts said October, often called ‘Uptober’, could provide bullish momentum, though macro risks like the US government shutdown and RBI policy remain in focus. Altcoins, including Solana, Binance Coin, and Dogecoin, showed mixed moves.
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RBI Governor Sanjay Malhotra Asks US Industry To Invest In India
Reserve Bank Governor Sanjay Malhotra has exhorted the US industry to invest in India, stressing that the country continues to be the fastest growing major economy supported by policy consistency and certainty.
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RBI Raises Real GDP Growth Forecast To 6.7 Per Cent For 2025-26
RBI Governor Sanjay Malhotra said that "looking ahead, healthy rabi prospects and an expected recovery in industrial activity should support economic growth in 2025-26".
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MobiKwik, CRED Launch CBDC eRupee in Partnership with RBI and Yes Bank
MobiKwik is the first digital wallet to go live with a full-scale production version of the e-rupee wallet, the new CBDC product is available to all its Android users. Yes Bank's role as the first sponsor bank to enable CBDC issuance for a third party application provider (TPAP) like CRED exemplifies its commitment to supporting the future of digit...
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RBI Governor Shaktikanta Das Highlights India’s Progress on CBDCs in Farewell Address: Key Insights
Shaktikanta Das concluded his tenure as RBI Governor this week. In his farewell address, he highlighted the ongoing advanced trials of India’s eRupee CBDC as one of the nation’s most significant achievements in recent years.
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Crypto Industry Criticises Lack of Bank Support for Cryptocurrencies, Asks RBI to Define Crypto-Banking Relations
The crypto industry in India has once again asked the Reserve Bank of India to define the status of the banking with crypto firms in the country. These companies have highlighted the moves taken by financial authorities in the world, who have begun to define the parameters that banks need to follow before growing their relationships with the crypto...
-
Biggest Surge In 12.5 Years: How RBI Is Saving Rupee From Iran War Jitters
The rupee jumped 1.3 per cent to around Rs 93.53 per dollar on Thursday -- the most since September 2013.
-
India's $60-$70 Oil Dream Is Slipping And It May Not Be Ready, Warns A Brokerage
For years, relatively low crude prices helped anchor inflation, support the rupee, and give policymakers room to drive growth. That buffer is now weakening.
-
RBI Slashes Repo Rate By 25 Basis Points To 5.25%, Loans To Get Cheaper
The Reserve Bank of India (RBI) has slashed its repo rate by 25 basis points from 5.5% to 5.25%, the central bank's governor Sanjay Malhotra announced this morning.
-
NPCI Enhances UPI Payments with Biometric, Wearable Glass Verification
NPCI and RBI unveiled several initiatives to advance India’s digital payments ecosystem on Tuesday. NPCI launched on-device biometric authentication for UPI, allowing fingerprint or face unlock for transactions up to Rs. 5,000, and Aadhaar-based face authentication for setting or resetting UPI PINs. UPI Lite now supports payments via wearable sma...
-
Bitcoin Holds Firm as Crypto Traders Look to Seasonal ‘Uptober’ Rally
The crypto market steadied on October 1, with Bitcoin holding above $114,000 and Ethereum near $4,140. Analysts said October, often called ‘Uptober’, could provide bullish momentum, though macro risks like the US government shutdown and RBI policy remain in focus. Altcoins, including Solana, Binance Coin, and Dogecoin, showed mixed moves.
-
RBI Governor Sanjay Malhotra Asks US Industry To Invest In India
Reserve Bank Governor Sanjay Malhotra has exhorted the US industry to invest in India, stressing that the country continues to be the fastest growing major economy supported by policy consistency and certainty.
-
RBI Raises Real GDP Growth Forecast To 6.7 Per Cent For 2025-26
RBI Governor Sanjay Malhotra said that "looking ahead, healthy rabi prospects and an expected recovery in industrial activity should support economic growth in 2025-26".
-
MobiKwik, CRED Launch CBDC eRupee in Partnership with RBI and Yes Bank
MobiKwik is the first digital wallet to go live with a full-scale production version of the e-rupee wallet, the new CBDC product is available to all its Android users. Yes Bank's role as the first sponsor bank to enable CBDC issuance for a third party application provider (TPAP) like CRED exemplifies its commitment to supporting the future of digit...
-
RBI Governor Shaktikanta Das Highlights India’s Progress on CBDCs in Farewell Address: Key Insights
Shaktikanta Das concluded his tenure as RBI Governor this week. In his farewell address, he highlighted the ongoing advanced trials of India’s eRupee CBDC as one of the nation’s most significant achievements in recent years.
-
Crypto Industry Criticises Lack of Bank Support for Cryptocurrencies, Asks RBI to Define Crypto-Banking Relations
The crypto industry in India has once again asked the Reserve Bank of India to define the status of the banking with crypto firms in the country. These companies have highlighted the moves taken by financial authorities in the world, who have begun to define the parameters that banks need to follow before growing their relationships with the crypto...
