The Indian rupee strengthened on Friday after struggling for most of the week as global markets were jolted by fears of a ...

The Reserve Bank of India (RBI) reduced its key repo rate on Friday for the first time since May 2020, aiming to provide ...

The shift to cashless payments is also driven by efforts from India and other countries to promote domestic digital settlement systems and reduce the dominance of Western credit card brands.

The volatility in rupee is being managed by the RBI," Pandey told reporters. He said the Indian rupee is "free-float" and no control or fixed rate is applicable on the currency. He said the exchange ...

The all-new Monetary Policy Committee under new RBI Governor Sanjay Malhotra is set to hold key deliberations from February 4. All eyes will be on the February 7 announcement, when Governor ...

The industry was broadly supportive of cashless gambling in principle, so long as punters still had the option to gamble with hard currency. People aged between 18 and 24, who are leading the ...

While economic stimulus from the Budget and easing inflation may justify a cut, global uncertainties and currency pressures could temper the RBI’s approach. For now, the market watches and waits.

The Indian rupee tumbled to a record low against the US dollar amid global trade tensions, but the government is not worried, emphasizing the currency’s free-floating nature and the RBI’s role ...

The Indian rupee has fallen to a record low of 87.29 against the US dollar due to consistent foreign fund outflows and new ...

Rupee has behaved in a far more stable fashion than any other currency," Sitharaman said. Rupee volatility is noticeable as the dollar is strengthening. "RBI also has been looking at ways in which ...

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