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EXPANSION OF CBDC
BRICS must cement its global roleIndia takes over BRICS leadership in 2026. The group faces global shifts and differing views. BRICS+ has expanded, increasing its economic ...
Bitcoin drops 5% in 2025, down 30% from October peak. Will institutional inflows and policy support bring stability in 2026?Bitcoin ended 2025 down 5%, 30% off its October peak, amid volatility and mass liquidations. Experts highlight improved liquidity, low exch...
ETtech Explainer: Will India toss the stablecoin, or embrace it?A stablecoin is a type of cryptocurrency pegged to another asset, such as gold or the US dollar. Unlike volatile cryptocurrencies such as B...
Bitcoin holds steady near $118,500 as Ethereum Leads gains on ETF InflowsBitcoin held above $118,500 and Ethereum outperformed on strong ETF inflows and institutional interest. Market sentiment remained cautiousl...
India, UAE discuss IMEEC; resolve to expand energy, trade tiesIndia and the UAE held their 15th Joint Commission Meeting, strengthening ties across energy, connectivity, and trade. They discussed the I...
Zepto raises $340 million; HCLTech’s growth plansHappy Friday! Zepto has announced another $340 million fundraise, valuing it at $5 billion. More details on this and other updates in today...
US as 'crypto capital': Donald Trump vows to make US 'Bitcoin Superpower' if re-electedFormer President Donald Trump pledges to make the US a "Bitcoin superpower" if re-elected. He promises to create a Bitcoin advisory council...
RBI proposes distribution of CBDC through non banks; seeks to broaden retail access to digital currencyThe Reserve Bank of India (RBI) is expanding the usage of Central Bank Digital Currency (CBDC) by allowing distribution through Non-bank Pa...
Whatever is not written in regulation, means a ‘No’: NPCI chief Dilip AsbeNPCI chief Dilip Asbe emphasized the importance of compliance for long-term success in the fintech space. He discussed recent regulatory ac...
Crypto Week at Glance: Bitcoin trades sideways amid SEC's ETF approval delayCurrently, Bitcoin is trading at the US$37,400 level, reflecting a 3% increase on the weekly chart, a 7% gain month-to-date, and an impress...
UCO Bank realigns growth strategy with focus on profitable corporate lendingState-owned lender UCO Bank is shifting its growth strategy to focus on expanding its corporate loan portfolio in a profitable manner. The ...
Getting education loan to get easier from next year, only digital admission letter would by enough to get loanReserve Bank of India plans to introduce a "frictionless credit mechanism" to simplify the process of obtaining education loans. The new sy...
UPI has become the backbone of digital payments in India: RBI Governor Shaktikanta Das at G20 TechSprintThe Unified Payments Interface (UPI) has played a significant role in driving financial inclusion in India by bringing unbanked individuals...
ETMarkets Management Talk | CMS Info Systems CFO Pankaj Khandelwal on threats from UPI, CBDCAt CMS, we currently have an order book of over Rs 1,000 crore in the first 9 months of FY23. The focus is on the implementation of the ord...
Apple suppliers created 50k direct jobs in India in 16 months; Swiggy's losses doubled in FY22Apart from the direct jobs, nearly 100,000 indirect jobs may also have been created by the Apple manufacturing ecosystem in the country, th...
At present cryptos have little value other than as speculative device: Raghuram RajanRaghuram Rajan: I do not want to enter a debate which probably is already fraught. Let me just step back from India and say more generally ...
Tax payments to rent to school fees: Soon you can use Bharat Bill Pay (BBPS) for all paymentsIn a bid to make lives easier for thousands of people, the Reserve Bank of India (RBI) has expanded the scope of the Bharat Bill Payment Sy...
Banks have ceded UPI space to nonbanking sector: RBI Dy GuvThe National Payments Corporation of India (NPCI) recently extended the deadline by two years for existing third-party apps to comply with ...
Digital pound could hit financial stability and erode privacy, UK lawmakers warnCentral banks across the world have stepped up work on CBDCs to avoid the private sector dominating digital payments as cash use falls. The...
BharatCoin: Taking the place of cash in the economyCryptocurrencies have captured the imagination of a section of investors globally.