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INDIAN CURRENCY
Plastic notes in India coming soon: Why govt wants polymer banknotes, which countries use them and how these currencies helpWhy is BI introducing plastic notes?The government's approval for RBI polymer notes has renewed focus on why RBI plastic notes are needed. ...
Rupee clings to two-week high as oil slides, intervention helps cement riseThe Indian rupee experienced a significant rebound on Tuesday, intensifying to its strongest position in two weeks. The decline in oil pric...
Cursor launches India specific subscription plan for developersCursor Start, a new subscription plan, has been launched for Indian developers. This plan offers access to advanced AI tools and autonomous...
Rupee rises 35 paise to 95.64 against US dollar in early tradeThe Indian rupee strengthened significantly against the US dollar in early trade. Lower crude oil prices and easing geopolitical tensions b...
Finance Ministry imposes anti-dumping duty on low ash met cokeDirectorate General of Trade Remedies had concluded in April 2026 the product under consideration has been exported to India from the subje...
NRIs can now buy term insurance in USD from India: Policybazaar explains how new plan protects against currency riskNon-Resident Indians can now purchase US dollar-denominated term insurance plans in India. These plans are available through Policybazaar's...
Rupee logs best day in over 6 weeks as RBI intervention magnifies oil slump impactOn Monday, the Indian rupee experienced its most remarkable trading day in over six weeks, thanks to decisive actions from the central bank...
AU Small Finance Bank raises NRI deposit rates by 30-60 basis pointsAU Small Finance Bank has increased its non-resident deposit rates by up to sixty basis points. The bank raised its peak interest rate on F...
Rupee nears record low amid rising oil prices and geopolitical risksThe Indian rupee is nearing a record low against the dollar this week. Elevated oil prices and geopolitical tensions are increasing pressur...
Nepal requests India to recognise National ID card as valid travel documentNepal has formally requested India's approval for its biometric National Identity card. This card is sought as an officially recognized tra...
Nepal eases post-demonetisation curbs on Indian currency; allows Rs 200, Rs 500 notesNepal's new rule facilitates Indian tourists and Nepalese nationals engaged in cross-border trade. Foreign visitors can bring up to USD 5,0...
India vs US: Where should US-based NRIs invest their money?US-based NRIs should align investments with future financial needs and currency. Future expenses should guide asset allocation decisions fo...
UAE’s top bank to offer $1.5 billion for NRIs investing in RBI's forex deposit programFirst Abu Dhabi Bank is offering up to $1.5 billion in financing to non-resident Indians investing in India's foreign-currency deposit sche...
Why is market falling today? Sensex slumps over 850 points: 7 key factors behind Rs 5 lakh crore routIndian stock markets experienced sharp losses for a fifth straight session on Friday. Sensex and Nifty indices saw significant drops, refle...
FCNR (B) vs NRE 5-year FD: Which can give higher maturity on $50,000 investment? Know currency riskFCNR(B) vs NRE currency risk: FCNR(B) and NRE deposits offer distinct investment avenues for non-resident Indians. FCNR(B) deposits provide...
Rupee rebound bets vanish as soaring crude blunts inflowsWhat makes the Indian currency more vulnerable than some of its Asian peers is the country’s reliance on imported energy and its ripple eff...
Economics of plastic notes: Why RBI is considering polymer banknotesIndia's currency printing arm is exploring polymer banknotes for future use. These notes offer enhanced durability and security features fo...
Indian rupee gains as oil comes off; inflows, RBI intervention in focusThe Indian rupee experienced a slight upturn on Tuesday, buoyed by the prospect of improved diplomatic relations between the U.S. and Iran,...
Rupee hits two-month low despite RBI intervention as crude oil surge weighsThe Indian rupee fell to a two-month low against the dollar on Monday. This decline occurred despite significant interventions by the centr...
FCNR(B) FD interest rates for NRIs: HDFC Bank, SBI, PNB, ICICI Bank and Axis Bank- which offers highest maturity on USD depositsGovernment support for FCNR(B) deposits until September 2026 has sparked renewed investor interest. Banks are now offering higher interest ...