Search For "currency"
S&P Upgrades IIFL Finance's Outlook to 'Positive' On Recovering Market Sha
Updated : 2 months, 4 weeks ago IST
Mumbai (Maharashtra) [India], December 18: Credit Rating agency Standard and Poor's (S&P) Global Ratings has revised IIFL Finance's Outlook to 'Positive' from 'Stable' on recovering market share in gold loans, while affirming 'B+/B' ratings. S&P also affirmed its 'B+' long-term foreign curre
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Stablecoins emerge as a key financial hedge against inflation across Afric
Updated : 2 months, 4 weeks ago IST
Stablecoins are rapidly emerging as a critical financial tool for everyday users seeking protection against currency depreciation and financial instability.
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Rupee likely to bounce back in second half of next fiscal despite current
Updated : 2 months, 4 weeks ago IST
The Indian Rupee, which has been under pressure in recent times, is likely to bounce back strongly in the second half of the next financial year, from October 2026 to March 2027, according to a report by the State Bank of India (SBI).
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Rishihood University's Preksha Baid Secures Top 5 Spot at DesignUp 2025 Fr
Updated : 3 months ago IST
New Delhi [India], December 16: Preksha Baid, a second year B.Design student at Rishihood University, is one of the youngest participants at DesignUp 2025, India's most respected design and tech conference. She competed with over 730 national and international designers and got shortlisted a
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Rupee breaches 91-Mark amid foreign outflows, Experts say volatility to co
Updated : 3 months ago IST
The Indian rupee touched a historic low on Tuesday, breaching the 91-mark against the US dollar for the first time. The sharp fall highlights growing pressure on the domestic currency amid continued foreign fund outflows and weak capital inflows.
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Nepal waives ban on high-denomination Indian notes after nearly a decade
Updated : 3 months ago IST
Nepal has lifted its ban on Rs 200 and Rs 500 Indian currency notes, allowing their import and export with India up to a limit of Rs 25,000 per person, the government said, easing restrictions imposed after India's 2016 demonetisation.
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Rupee records another low, nearing 91 over FPI outflow, US trade deal unce
Updated : 3 months ago IST
About a fortnight after breaching 90 mark, the Indian Rupee is inching towards 91, hitting a fresh all-time low. At the time of filing this report, the Rupee was trading at 90.904 per US dollar, with an intraday high of 90.957, just shy of 91.
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Rupee depreciation offers limited export benefit, hurts labour-intensive s
Updated : 3 months ago IST
The recent depreciation of the Indian rupee has reignited debate on whether a weaker currency genuinely enhances India's export competitiveness.
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India's forex reserves rise by $1.03 billion to $687.26 billion
Updated : 3 months ago IST
India's foreign exchange reserves rose marginally, by USD 1.033 billion in the week that ended December 5 to USD 687.260 billion, driven by a jump in gold reserves, the Reserve Bank of India's latest 'Weekly Statistical Supplement' data showed.
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RBI DG raises concerns over growing prominence of stablecoins
Updated : 3 months ago IST
"Over time, the form of money has evolved with technology - from commodities to metal to paper to balances in deposit accounts to now, digital tokens. While the forms of money have evolved with technology, the fundamental character of money - what it represents, or what gives it credibility
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As US Fed ends year with another rate cut, BoB Economist predict RBI to se
Updated : 3 months ago IST
For India, the Fed's stance carries important implications, particularly in the context of currency volatility and interest-rate differentials. The BoB Economist Dipanwita Mazumdar expected India's Reserve Bank of India (RBI) to settle at 5% repo rate in the Calendar Year 2026.
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Delhi Police seize over Rs 3.5 crore in demonetised notes; four held for i
Updated : 3 months ago IST
Delhi Police recovered demonetised currency notes of Rs 500 and Rs 1,000 with a face value of more than Rs 3.5 crore and arrested four men allegedly involved in an illegal exchange racket, officials said on Wednesday.
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