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Tag: CURRENCY

India to issue CBDC ‘Digital Rupee’ to rival bitcoin

2022-02-012022-02-02 | Sanjay Kumar
India to issue CBDC ‘Digital Rupee’ to rival bitcoin

The government of India today said it will introduce a digital rupee — a central bank digital currency — in the year starting April 2022. The move was announced by finance minister Nirmala Sitharaman. With this, India has become one of the few countries in the world to announce a date for the introduction of […]

APPS CONSUMER FINANCE FIRST ON RTNCRYPTO-CURRENCIES CURRENCY RBI RUPEE

Govt starts easing 2000-rupee notes out of circulation

2020-09-192020-09-19 | Trisha Thomas
Govt starts easing 2000-rupee notes out of circulation

Government of India and the Reserve Bank of India seem to be bringing down the number of 2,000 rupee notes in circulation, even though no decision has been taken to phase them out. 2,000-rupee notes were introduced soon after the demonetization of 1,000-rupee notes in late 2016. Their introduction came for heavy criticism and was […]

FINANCE FIRST ON RTN SOCIETYCORRUPTION CURRENCY RBI

Rupee to head towards 65.30 vs dollar in coming days – Angel Broking

2017-07-062017-07-06 | Trisha Thomas
Rupee to head towards 65.30 vs dollar in coming days – Angel Broking

The Indian rupee is likely to give up some of the gains it has made in recent weeks going forward, Angel Broking said, adding that the currency is likely to move towards the 65.30 level against the US dollar. The rupee has risen around 5% in the last six months due to various factors, including […]

BUSINESS FINANCE FIRST ON RTNCURRENCY GST RUPEE
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