Rupee hits record low as outflows, importer anxiety overshadow buoyant economy
By Jaspreet Kalra and Nimesh Vora MUMBAI, Jan 29 (Reuters) – The Indian rupee hit an all-time low…
India Wants BRICS Nations to Link Digital Currencies
India’s central bank has reportedly proposed that BRICS countries link their digital currencies. The goal here is to…
RBI proposes linking BRICS’ digital currencies, says report – here’s why it would be an important move
The Reserve Bank of India (RBI) has proposed linking the official digital currencies of BRICS countries to facilitate…
Central bank independence is very important, need to collectively preserve it, says RBI Governor Malhotra | Business News
In light of the recent criminal investigation opened against Federal Reserve Chairman Jerome Powell by the US Department…
IMF Report: Another ‘One Size Fits All’ New Year Prescription for the Indian Economy
In its assessment, the IMF evaluates India in four major policy domains – fiscal policy, monetary policy, the…
IMF reclassifies India’s exchange rate as ‘crawl-like’, signals greater flexibility
In its latest policy assessment released Wednesday, the International Monetary Fund shifted India’s “de facto” exchange rate classification…
IMF’s big move: India’s forex framework reclassified; move comes amid rupee weakness
India’s exchange rate framework came under renewed global scrutiny on Wednesday after the International Monetary Fund reclassified the…
ECB advances TIPS and fast payments interlinking initiative
The European Central Bank (ECB) Governing Council has agreed to move forward with efforts to connect the Eurosystem’s…
ECB, RBI agree to start initial phase of interlinking domestic payment systems
(Reuters) -The central banks of India and the European Union have agreed to start the initial phase of…
India Bans Crypto Talk at World’s Largest Fintech Summit—And That Silence Says Everything About Its Market Strategy
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. The…
India central banks heavy hand returns to support rupee in replay of February defence
By Nimesh Vora and Jaspreet Kalra MUMBAI (Reuters) -The Reserve Bank of India intervened heavily in the currency…
RBI moots $1 billion cap, wider eligibility, easing fund usage
The new draft proposals, issued late Friday night, mark a decisive shift from rigid ceilings toward a more…