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DIGITAL CURRENCIES
India smartphone prices jump 16% in first half of 2026; market seen shrinking double digitsAverage smartphone selling prices in India rose by 16% year-over-year in the first half of 2026. OnePlus, however, managed to keep its pric...
Bitcoin skyrocketed 750% since Warren Buffett called it 'rat poison' in 2018. Why was he cautious?Bitcoin has surged around 750% since Warren Buffett called it “rat poison squared” in 2018, despite his longstanding concerns about cryptoc...
Redefining global finance: Emergence of alternative payment infrastructureChairman of PSB Bank Petr Fradkov, in an interview with RBC, discusses what is happening in one of the most closed sectors of the economy, ...
India's TV industry urges I&B Ministry to restore BARC ratings immediately, Kevin Vaz saysKevin Vaz emphasized the importance of restoring BARC audience ratings to ensure stability in the broadcasting sector. He noted the vital r...
JioStar seeks immediate restoration of BARC ratings, regulatory roadmap for linear TVJioStar CEO Kevin Vaz emphasized the urgent need for the Ministry of Information and Broadcasting to restore BARC audience ratings. This ab...
India-UAE trade in rupees, dirhams enters double digits: Piyush GoyalTrade between India and the UAE settled in local currencies has reached double digits, Commerce and Industry Minister Piyush Goyal said Mon...
Rupee, dirham and UPI: India, UAE push cross-border trade without frictionIndia and the UAE are working towards enhancing bilateral trade by adopting local currency transactions and payment system integration. The...
UAE to invest another $25 billion in India, eyes energy betsThe UAE is set to invest an additional $25 billion in India, strengthening energy cooperation between the nations. India and the UAE are ex...
IndusInd Bank eyes India’s 2,117 GCCs with new banking verticalIndusInd Bank has introduced a new banking vertical specifically for Global Capability Centres within India. This initiative aims to addres...
DHL Express to raise shipment charges by 8.9pc in India starting JanuaryDHL Express will increase its shipment charges in India by 8.9 percent starting January 1. This adjustment is necessary to address rising c...
Explained: What really drives the rupee? Decoding the forces behind currency movesThe rupee’s decline over the past four years reflects a complex interplay of fundamentals, RBI intervention and market sentiment. A Bank of...
Banks likely to deploy FCNR(B) liquidity in coming months as festive credit demand rises: RBI Deputy GuvReserve Bank Deputy Governor Rohit Jain stated that banks are expected to deploy additional liquidity from FCNR(B) deposits. This deploymen...
Banks to remain open on Sunday, September 27? Finance ministry issues key update to assist customersThe Finance Ministry has announced that all Public Sector Banks and Regional Rural Banks will operate normally on September 27. This decisi...
Binance buys $100 million stake in Circle, expands partnershipCircle said on Tuesday that Binance has purchased a $100 million stake in the stablecoin issuer, deepening the crypto exchange's ties with ...
Global Market: ECB launches blockchain payment service, to invest in digital securitiesThe European Central Bank launched Pontes, a new service connecting its payment infrastructure with blockchain markets for euro settlements...
Pass the buck to RBI, banks: Let the savings from digital payments fund UPI costs, not consumersThe RBI's MDR introduction on UPI transactions above ₹2,000 faces criticism. This move may discourage digital payments and encourage a retu...
UPI MDR kicks in October 15: RBI DG says merchant fee on payments above Rs 2,000 won’t trigger cash surgeIn a recent statement, RBI Deputy Governor Shirish Chandra Murmu clarified that adopting a Merchant Discount Rate won't necessarily encoura...
Making a dollar detour: Why BRICS isn’t breaking up with the dollarThe latest BRICS declaration emphasizes interoperable payment systems and local currency settlement. It explicitly avoids proposing a commo...
India, Russia explore digital currency payments for trade in cross-border breakthroughIndia and Russia are exploring digital currency payments for bilateral trade, potentially opening a faster route for cross-border settlemen...
Russia will discuss digital currencies payments with BRICS+ partners at India summitRussia will discuss digital currency trade settlements with BRICS+ partners this week. President Vladimir Putin will attend the BRICS+ summ...