Local currencies will increasingly drive cross-border trade and payments, reducing costs and improving efficiency. Technology will be lever...

Cash is the item on a balance sheet that most investors accept without argument. Revenue can be recognised early, inventory can be overvalu...

Selling Indian investments triggers capital gains tax for NRIs, with rules varying by asset type. Property sales offer significant tax redu...

India's banking sector requires reforms for sustained growth and improved credit access. Banks must grow significantly to meet microenterpr...

At first glance, this auto ancillary company looks like a conventional two-wheeler supplier. But its business mix tells a wider story. A ne...

Obsessing over small expenses can hinder wealth creation and damage relationships. Financially successful individuals focus on building ass...

Indian businesses, particularly MSMEs, are hesitant to adopt yuan-denominated settlements despite a weakening rupee. They prioritise locali...

The reason NBFC stocks reacted quickly to the easing of the US-Iran war risk is not difficult to understand. For a lender, macro relief tra...

India and Sri Lanka are exploring ways to settle trade using their own currencies. This move aims to cut transaction costs and shield busin...

Over 15% of India-UAE trade has been invoiced in local currencies since the rupee-dirham mechanism launched nearly three years ago. Both na...

Despite RBI's efforts to boost rupee usage in international trade, including Special Rupee Vostro Accounts, its adoption for invoicing and ...

The Indian Rupee's use in trade invoicing is growing. Data shows a significant rise in Rupee-based imports and exports. This trend offers p...

The Reserve Bank of India, in its annual report, said the rupee weakened nearly 10% in FY26 due to trade uncertainties, a wider deficit, th...

Speaking at an event organised by IMC Chamber of Commerce and Industry, RBI's former Executive Director G Padmanabhan said, 'for internatio...

Earlier this month, RBI had asked banks to put in place additional arrangements for invoicing, payment, and settlement of exports/ imports ...

Amid the Re touching nearly 9- month low against the US dollar, RBI said it will continue to take steps to check excessive volatility in th...

A year after the rupee got its Devanagari identity, the RBI has taken the first step to popularise it in international trade.