Finance Minister Nirmala Sitharaman rejected criticism of the rupee's decline, stating it remains stable against most currencies despite a stronger US dollar. She attributed volatility to global ...

It will also conduct a 56-day variable rate repo (VRR) auction of ₹50,000 crore on 7 February and a dollar-rupee sell swap auction of $5 billion for a tenor of six months on 31 January.

Cred and One Mobikwik Systems Ltd. announced on Tuesday the launch of their respective e-rupee pilot, in collaboration with the Reserve Bank of India and Yes Bank, the companies said in their press ...

For every rupee the government collects, here’s a broad approximation of how it is divided (based on FY 2022-25 Budgets): Taxes: About two-thirds of the government’s income comes from taxes.

The rupee's recent depreciation against the US dollar has boosted Indian IT companies' profitability in Q3 2024. However, the unpredictable movement of other currencies like the euro and pound, ...

The Reserve Bank of India (RBI) has spent $77 billion from its foreign exchange reserves through intervention in the spot market to defend Indian rupee from falling sharply. Due to this ...

Italian Jannik Sinner beat Germany's Alexander Zverev for his second consecutive Australian Open title on Sunday (Jan 26). Defending champions Sinner won the final 6-3, 7-6, 6-3 in straight-sets and ...

The Indian rupee is in free fall. Since Jan. 8, 2022, it has lost a whopping 17% against the U.S. dollar. In the last four months, it has shed almost 4%, despite a massive $79 billion in support ...

While not a classic cryptocurrency, JioCoin is said to be a crypto-based reward system which will offer enormous opportunities for Jio users to earn and redeem coins for free. But what is it and ...

However, there are media reports estimates that suggest it could be valued around Rs 43 ($0.50) per token. Whereas, the Digital Rupee (e₹) is India’s official digital currency, issued by the Reserve ...