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 ...

A Bangladeshi brand, CYCLO Recycled Fibers, says it is facing unethical challenges from Swiss sportswear giant ON AG, potentially jeopardising its position in the international market. CYCLO alleges ...

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, ...

International Criminal Court prosecutor Karim Khan has called on Sudan's de facto government to immediately transfer former president Omar Al Bashir and two other former officials to the court in The ...

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 ...

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 ...

When you purchase through links on our site, we may earn an affiliate commission. Here’s how it works. Mathieu van der Poel (Alpecin-Deceuninck) won the Hoogerheide UCI World Cup race organised ...

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 ...