Posted inBusiness
Maharashtra Government and RBI Advance Asset Tokenisation Framework
Discover how the Maharashtra government and RBI are advancing the asset tokenisation framework for physical assets like real estate and gold.
Posted inBusiness
RBI Forex Swap Attracts Massive Inflows Driven by FCNR Deposits
The central bank of India's recent foreign exchange swap pulls in over 136 billion dollars, heavily propelled by robust FCNR deposit growth.
Posted inNational
India Moves Forward With Polymer Currency Notes Implementation
Discover how India is advancing its polymer currency notes initiative with strict security measures and strict vendor certifications.
Posted inBusiness
Current Account Deficit Widens to $6.2 Billion in June: RBI Data
India's current account deficit expanded to $6.2 billion during June 2026, according to official data released by the Reserve Bank of India. This figure marks a significant shift in the…
Posted inNational
Mumbai Police Arrest Four Individuals in Connection with Massive 30 Crore Ponzi Scheme
Law enforcement authorities in Mumbai detained four individuals last week following the exposure of an illegal multi-level marketing and Ponzi scheme valued at approximately 30 crore rupees. According to official…
Posted inBusiness
RBI Monetary Policy Committee Maintains Status Quo, Keeps Policy Rate at 5.25 Percent
The Reserve Bank of India's Monetary Policy Committee announced its decision to keep the benchmark policy rate unchanged at 5.25 percent during its latest bi-monthly review meeting.Financial authorities maintained the…
Posted inBusiness
Reserve Bank of India Maintains Benchmark Interest Rates Amid Persistent Inflationary Pressures
In a widely anticipated decision announced earlier this week, the Reserve Bank of India's Monetary Policy Committee voted to keep the benchmark repo rate unchanged at its current level. Official…
Posted inBusiness
RBI Considers Rupee Undervalued as FCNR(B) Inflows Surge Past $32 Billion
As FCNR B deposits top 32 billion dollars, the RBI views the rupee as undervalued while prioritizing inflation control to sustain economic growth.
Posted inBusiness
Indian Rupee Slips 4 Paise to 96.57 Against U.S. Dollar Amid Central Bank Defense
The Indian rupee edged lower by 4 paise to settle at 96.57 against the U.S. dollar on Tuesday in interbank foreign exchange markets, weighed down by persistent foreign fund outflows…
Posted inBusiness
Indian Rupee Faces Pressure as Market Volatility Strains Exchange Rate
The Indian rupee weakened by 20 paise to reach 95.16 against the U.S. dollar during early trade on July 8, driven by persistent demand for the greenback from importers and…
