New Delhi [India], February 4 (ANI): The proposed digital rupee to be issued by the Reserve Bank of India (RBI) starting from the next financial year will not only give a boost to the digital economy but also help curb the menace of black money, a senior finance ministry official said.
New Delhi [India], February 2 (ANI): Cryptocurrencies like Bitcoin or Ethereum will never become a legal tender, Finance Secretary TV Somanathan told ANI adding only the digital rupee issued by the Reserve Bank of India (RBI) would be the legal tender.
Islamabad [Pakistan], February 2 (ANI): Pakistan Prime Minister Imran Khan's faulty priorities have compounded problems for the country's economy which is facing issues related to inflation and unemployment.
New Delhi [India], February 2 (ANI): Prime Minister Narendra Modi on Wednesday said the digital Rupee will open up new opportunities for the Fintech sector and will give a big boost to the digital economy.
New Delhi [India], February 1 (ANI): Noting that digital currency to be issued by the Reserve Bank of India (RBI) will be official and legal tender, Union Commerce and Industry Minister Piyush Goyal on Tuesday said the government does not recognize private cryptocurrencies as legal tender
New Delhi [India], February 1 (ANI): Hitting out at West Bengal Chief Minister Mamata Banerjee over her "zero-budget" remark following the presentation of the Union Budget 2022-23 in the Parliament on Tuesday, BJP National Vice President Dilip Ghosh said that what could a person who runs "a
New Delhi [India], February 1 (ANI): India going to be the first country to implement a digital rupee and a high tax on digital currency to be beneficial for middle-class investors as it sees frequent fluctuations, says Amitabh Kant, CEO of Niti Ayog on Tuesday.
New Delhi [India], February 1 (ANI): Union Finance Minister Nirmala Sitharaman on Tuesday announced the introduction of Digital Rupee which will be issued by the Reserve Bank of India starting 2022-23, along with the setting up of 75 digital banking units in 75 districts by scheduled commerc
New Delhi [India], February 1 (ANI): To boost the Indian economy, the Reserved Bank of India (RBI) will be issuing a digital rupee using blockchain and other technologies in the Financial Year 2022-23, Finance Minister Nirmala Sitharaman told the Parliament on Tuesday.
Karachi [Pakistan], January 26 (ANI): Pakistan's economic woes has been continuing as its rupee downfall continues as International Monetary Fund continues to review its delay on its economy.
Islamabad [Pakistan], January 25 (ANI): The Chairman of Pakistan Qaumi Ittehad retired Justice Wajihuddin Ahmed on Tuesday said that the oil refineries of the country are closed down while foreign companies are importing duty-free petrol and extracting billions of rupees.
Islamabad [Pakistan], January 21 (ANI): Amid soaring inflation in Pakistan and the passing of a mini-budget worth Rs 360 billion, PKR (Pakistan currency) might fall to Rs 200 against US dollars.