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RBI to launch first pilot of retail digital rupee on 1 December

Finance

29 November, 2022

RBI to launch first pilot of retail digital rupee on 1 December

The Reserve Bank of India (RBI) on Tuesday announced a pilot for retail central bank digital currency (CBDC) on 1 ......

Rupee hits record low for second session, breaches 81/$ mark

Finance

23 September, 2022

Rupee hits record low for second session, breaches 81/$ mark

The Indian rupee today fell 39 paise to all-time low of 81.18 against US dollar in early trade on the ......

Markets continue to hold 6-week high in early trade

Finance

21 July, 2022

Markets continue to hold 6-week high in early trade

Shares on Thursday hovered near a six-week high, boosted by private lender IndusInd Bank after its quarterly profit surged, while ......

Rupee claws back marginally after breaching 80/$ for first time ever

Finance

19 July, 2022

Rupee claws back marginally after breaching 80/$ for first time ever

The rupee snapped a seven-session falling streak on Tuesday as central bank intervention and gains in domestic shares helped drive ......

Rupee breaches 80/$ for first time ever; Indices muted as street assesses earnings

Finance

19 July, 2022

Rupee breaches 80/$ for first time ever; Indices muted as street assesses earnings

Markets were muted on Tuesday, looking for direction amid the onset of earnings season, while the rupee surpassed the psychological ......

No respite from 'record low' streak for rupee, now near 80/$

Finance

18 July, 2022

No respite from 'record low' streak for rupee, now near 80/$

The rupee pared early gains to close at record low on Monday, as rising crude prices weighed on the currency, ......

Rupee hits fresh record low as dollar continues to soar at 2-decade high

Finance

12 July, 2022

Rupee hits fresh record low as dollar continues to soar at 2-decade high

The rupee hit a fresh historical low of 79.57 against the US dollar today in backdrop of a broad rally ......

Markets lower for 3rd day; rupee continues to hover around record low

Markets

10 May, 2022

Markets lower for 3rd day; rupee continues to hover around record low

Markets ended lower for a third straight session on Tuesday, hit by sharp losses in metal and energy stocks, while ......

Markets end in the red; rupee at record low, crosses 77.50/$ mark

Finance

09 May, 2022

Markets end in the red; rupee at record low, crosses 77.50/$ mark

Markets fell and the rupee hit an all-time low Monday, weighed down by global economic growth worries due to tightening ......

India's top lender stops handling trade with sanctioned Russian entities - sources

Economy

01 March, 2022

India's top lender stops handling trade with sanctioned Russian entities - sources

India's top lender will not process any transactions involving Russian entities subject to international sanctions imposed on Russia after its ......