CBDC Digital Food Currency Pilot Launched in Puducherry Under PMGKAY
The Government of India launched a Central Bank Digital Currency (CBDC)‑based Digital Food Currency pilot for Direct Benefit Transfer (DBT) ...
Tag: RBI
7th State-Level Financial Inclusion Conclave Boosts Women’s Empowerment in Odisha
In a significant push for economic empowerment, the 7th State-Level Financial Inclusion Conclave was held in Bhubaneswar on February 6, ...
India’s Retail Inflation Rises to 0.71% in November 2025, Remains Below RBI Target for Third Month
India’s retail inflation rate increased to 0.71% in November 2025, rising from a record low of 0.25% in October, according ...
Rupee Hits Record Low of Rs 90.42 Against Dollar Despite US Fed Rate Cut
The Indian rupee fell to a fresh record low, trading at Rs 90.42 per US dollar on Thursday, as persistent ...
RBI Cuts Repo Rate by 25 bps to 5.25% Amid Rupee Slump and Strong GDP
The Reserve Bank of India (RBI) has reduced the repo rate by 25 basis points to 5.25%, balancing record-low inflation ...
Rupee Falls Past 90 per Dollar for the First Time as India-US Trade Deal Remains Stalled
The Indian rupee weakened beyond the crucial ₹90 per US dollar mark for the first time on Wednesday, as uncertainty ...
Retail Inflation Falls to 1.55% in July 2025, Lowest Since 2017
India’s headline retail inflation fell dramatically to 1.55% in July 2025, marking its lowest level since June 2017, according to ...
RBI Governor Counters Trump’s ‘Dead Economy’ Remark, Says India Contributing More to Global Growth Than US
Reserve Bank of India (RBI) governor Sanjay Malhotra on Wednesday dismissed US President Donald Trump’s recent description of India as ...
RBI Keeps Repo Rate Unchanged at 5.5% Amid Transmission Lag
In its August 2025 monetary policy review, the Reserve Bank of India (RBI) has decided to maintain the repo rate ...
ICICI Bank Starts Charging UPI Aggregators Amid Record Usage Surge
ICICI Bank has rolled out transaction fees on UPI payments processed by aggregators like PhonePe and Google Pay. This development ...
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