INRx Coin, pegged to the Indian Rupee (INR), offers a stable alternative to traditional cryptocurrencies, providing ...
It might come as a surprise, but the cost of minting a one-rupee coin in India is higher than its actual value. According to a 2018 disclosure by the Reserve Bank of India (RBI) in response to an ...
New Delhi: The cost to manufacture a one-rupee coin is more than its value. According to a report in 2018, the cost of minting a one-rupee coin amounts to Rs 1.11. The disclosure was made by the ...
The problem stems from the large variety of 10-rupee coins in circulation. More than 5 billion coins, worth over $775 million, have been minted since 2010. Rs. 10 coin have been issued both with ...
Indian rupee falls to new lifetime low of Rs 86.48 on January 13. (Image: Instagram) The Indian rupee slid to an all-time low of 86.4850 per dollar on Monday as the dollar index inches up.
Radharani was not yet 11. She was well-born but now reduced to penury. Her father was dead, their vast wealth was lost and her mother too was ailing. Little Radharani made a garland of wildflowers and ...
Jio Platforms, led by billionaire Mukesh Ambani, has partnered with internet technology company Polygon Labs. Soon after the ...
RBI partners with fintech firm Cred to launch retail e-Rupee wallet, marking a major expansion of India's CBDC program.