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"No Proposal For BRICS Currency": S Jaishankar After Trump's Tariff Warning
No decision has been taken to start a new currency to compete with the US dollar, External Affairs Minister S Jaishankar has said in Qatar, where he has gone to attend the Doha Forum.
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Bangladesh To Remove Sheikh Mujibur Rahman's Image Off Currency Notes
Months after the ouster of Sheikh Hasina as prime minister, Bangladesh has begun the process of erasing the image of Sheikh Mujibur Rahman - her father and the iconic figure behind the founding of the country -- from its currency notes.
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BRICS' Move to Introduce Digital Assets Platform for De-Dollarisation Sparks Criticism from Trump
Over the weekend, Trump warned BRICS nations, including India, to prepare for a 100 percent increase in tariff rates if they persist in efforts to diminish the US dollar's role in the global economy.
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"Go Find Another Sucker": Trump's Big Warning For India, China, Russia
US President-elect Donald Trump has threatened a 100% tariff on the BRICS countries, including India, if they undercut the US dollar or replace it with another currency for international transactions.
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NIA Court Sentences UP Man To 10 Years In Jail For Smuggling Fake Currency
A National Investigation Agency (NIA) court here sentenced a man to 10 years of rigorous imprisonment (RI) on Thursday for his involvement in the smuggling of fake Indian currency notes.
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With YouTube As Guide, UP Men Printed Rs 500 Notes On Rs 10 Stamp Paper
Two people were arrested for running a fake currency notes-making racket and circulating dummy notes worth Rs 30,000 in Uttar Pradesh's Sonbhadra district, officials said on Friday.
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RBI Ready To Counter Rupee Slide, Fund Outflow Post-US Election: Sources
India's central bank is well-equipped to deal with a potential sudden outflow of foreign funds and any steep fall in the rupee if Republican candidate Donald Trump wins next week's US presidential election, sources said.
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Minor Among 2 Detained For Duping Army Officer With Fake Currency Notes
Delhi Police has nabbed two people, one of them a juvenile, who allegedly defrauded an army officer by stealing his mobile phone and Rs 50,000, an officer on Thursday said.
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RBI Governor Highlights Need for Faster Remittance Settlements Amid Advancing eRupee Trials
Speaking about the eRupee CBDC, RBI Governer Shaktikanta Das emphasised that it plays a key role in India's "world-class digital public infrastructure" (DPI), which has enabled the creation of various digital financial products. He highlighted that developing protocols like the eRupee is essential for enabling real-time, cost-effective cross-border...
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Huge Currency Swap Agreement To Help Maldives On Foreign Exchange Reserves
Prime Minister Narendra Modi on Monday underlined New Delhi's position as a "close friend" of the Maldives and emphasised his government's readiness to respond to medical and economic emergencies as part of its 'neighbourhood first' foreign policy.
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98% Of Rs 2,000 Notes Have Been Returned Since Withdrawal Order: RBI
The Reserve Bank of India on Tuesday said 98 per cent of the Rs 2,000 denomination notes have been returned since its May 2023 move to withdraw the currency notes.
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What is the ‘REDI’ Framework for CBDC Adoption Suggested by IMF
The IMF's REDI framework—comprising regulation, education, design and deployment, and incentives—highlights the importance of fostering awareness and understanding of Central Bank Digital Currencies (CBDCs). In alignment with insights from global financial experts, an IMF report emphasizes that enhancing knowledge about CBDCs is essential for p...
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Thane Man Duped Of Rs 4 Lakh On Promise Of Foreign Currency Exchange: Cops
A 51-year-old man was allegedly duped of Rs 4 lakh by three people who offered to exchange his foreign currency at Dombivli in Maharashtra's Thane district, police said on Tuesday.
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RBI's CBDC Yet Another Step in Taking Indian Payments Ahead, JPMorgan Blockchain Head Says
RBI's approach towards exploring the inclusion of the eRupee into the existing financial system has garnered applaud from Maveen Mallela, the global co-head of JPMorgan’s blockchain and digital currency unit called ‘Onyx’. The CBDCs is yet another step in taking Indian payments ahead, he said.
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Maldives Police Investigate Alleged Coup Plot To Overthrow Government
Police in the Maldives are investigating an alleged attempt to topple President Mohamed Muizzu by stirring anger over the Indian Ocean archipelago's worsening financial conditions.
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"No Proposal For BRICS Currency": S Jaishankar After Trump's Tariff Warning
No decision has been taken to start a new currency to compete with the US dollar, External Affairs Minister S Jaishankar has said in Qatar, where he has gone to attend the Doha Forum.
-
Bangladesh To Remove Sheikh Mujibur Rahman's Image Off Currency Notes
Months after the ouster of Sheikh Hasina as prime minister, Bangladesh has begun the process of erasing the image of Sheikh Mujibur Rahman - her father and the iconic figure behind the founding of the country -- from its currency notes.
-
BRICS' Move to Introduce Digital Assets Platform for De-Dollarisation Sparks Criticism from Trump
Over the weekend, Trump warned BRICS nations, including India, to prepare for a 100 percent increase in tariff rates if they persist in efforts to diminish the US dollar's role in the global economy.
-
"Go Find Another Sucker": Trump's Big Warning For India, China, Russia
US President-elect Donald Trump has threatened a 100% tariff on the BRICS countries, including India, if they undercut the US dollar or replace it with another currency for international transactions.
-
NIA Court Sentences UP Man To 10 Years In Jail For Smuggling Fake Currency
A National Investigation Agency (NIA) court here sentenced a man to 10 years of rigorous imprisonment (RI) on Thursday for his involvement in the smuggling of fake Indian currency notes.
-
With YouTube As Guide, UP Men Printed Rs 500 Notes On Rs 10 Stamp Paper
Two people were arrested for running a fake currency notes-making racket and circulating dummy notes worth Rs 30,000 in Uttar Pradesh's Sonbhadra district, officials said on Friday.
-
RBI Ready To Counter Rupee Slide, Fund Outflow Post-US Election: Sources
India's central bank is well-equipped to deal with a potential sudden outflow of foreign funds and any steep fall in the rupee if Republican candidate Donald Trump wins next week's US presidential election, sources said.
-
Minor Among 2 Detained For Duping Army Officer With Fake Currency Notes
Delhi Police has nabbed two people, one of them a juvenile, who allegedly defrauded an army officer by stealing his mobile phone and Rs 50,000, an officer on Thursday said.
-
RBI Governor Highlights Need for Faster Remittance Settlements Amid Advancing eRupee Trials
Speaking about the eRupee CBDC, RBI Governer Shaktikanta Das emphasised that it plays a key role in India's "world-class digital public infrastructure" (DPI), which has enabled the creation of various digital financial products. He highlighted that developing protocols like the eRupee is essential for enabling real-time, cost-effective cross-border...
-
Huge Currency Swap Agreement To Help Maldives On Foreign Exchange Reserves
Prime Minister Narendra Modi on Monday underlined New Delhi's position as a "close friend" of the Maldives and emphasised his government's readiness to respond to medical and economic emergencies as part of its 'neighbourhood first' foreign policy.
-
98% Of Rs 2,000 Notes Have Been Returned Since Withdrawal Order: RBI
The Reserve Bank of India on Tuesday said 98 per cent of the Rs 2,000 denomination notes have been returned since its May 2023 move to withdraw the currency notes.
-
What is the ‘REDI’ Framework for CBDC Adoption Suggested by IMF
The IMF's REDI framework—comprising regulation, education, design and deployment, and incentives—highlights the importance of fostering awareness and understanding of Central Bank Digital Currencies (CBDCs). In alignment with insights from global financial experts, an IMF report emphasizes that enhancing knowledge about CBDCs is essential for p...
-
Thane Man Duped Of Rs 4 Lakh On Promise Of Foreign Currency Exchange: Cops
A 51-year-old man was allegedly duped of Rs 4 lakh by three people who offered to exchange his foreign currency at Dombivli in Maharashtra's Thane district, police said on Tuesday.
-
RBI's CBDC Yet Another Step in Taking Indian Payments Ahead, JPMorgan Blockchain Head Says
RBI's approach towards exploring the inclusion of the eRupee into the existing financial system has garnered applaud from Maveen Mallela, the global co-head of JPMorgan’s blockchain and digital currency unit called ‘Onyx’. The CBDCs is yet another step in taking Indian payments ahead, he said.
-
Maldives Police Investigate Alleged Coup Plot To Overthrow Government
Police in the Maldives are investigating an alleged attempt to topple President Mohamed Muizzu by stirring anger over the Indian Ocean archipelago's worsening financial conditions.
