Moving to the digital rupee — India’s central bank digital currency (CBDC) — for subsidy payments, a course the Centre is considering, could deliver multiple benefits. For one, this will ...

Information provided on Forbes Advisor is for educational purposes only. Your financial situation is unique and the products and services we review may not be right for your circumstances.

Information provided on Forbes Advisor is for educational purposes only. Your financial situation is unique and the products and services we review may not be right for your circumstances.

On his last day as the governor of the Reserve Bank of India (RBI), Shaktikanta Das shared his vision to transform India’s economy with a home-grown central bank digital currency (CBDC), the ...

India began piloting its CBDC in 2022, and saw meteoric growth, with more than 5 million investors and 400,000 merchants in the country experimenting with the digital rupee. The central bank has ...

DC Wallet, powered by Radix, is launching an advanced platform for CBDCs and digital asset management. In collaboration with ...

India’s outgoing Reserve Bank of India (RBI) governor has trumpeted the country’s status as a “pioneer” in the central bank digital currency (CBDC) space, noting its broad reach among ...

The Pound to Indian Rupee (GBP/INR) exchange rate dipped to 2-month lows near 104. 0 in early February before rebounding to... Currency exchange analysts at ICICI Securities suggest the Pound to ...

Fluctuations in the exchange rate between the Indian rupee and the US dollar influence the prices of fuels. Here's how they stand today.

By mid-2024, over 500,000 retail users and 50,000 merchants were actively using the Digital Rupee. The RBI’s proposal to expand access to CBDC wallets by non-bank operators like PhonePe and ...