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Category RBI

India's central bank proposes a plan to create digital-currency link among BRICS nations

India's central bank proposes a plan to create digital-currency link among BRICS nations

The Reserve Bank of India is urging the government to put a plan to link BRICS nations' central bank digital currencies on the agenda for the 2026 ...
Kremlin has cleared Citigroup to transfer its business to the Russian investment bank Renaissance Capital

Kremlin has cleared Citigroup to transfer its business to the Russian investment bank Renaissance Capital

The Kremlin has cleared Citigroup to transfer its business to the Russian investment bank Renaissance Capital, signaling a mass exit by Western ban...
President Donald Trump has hinted that tariffs on India may be reduced soon

President Donald Trump has hinted that tariffs on India may be reduced soon

President Donald Trump has hinted that tariffs on India may be reduced soon as longtime loyalist Sergio Gor is appointed as ambassador in New Delhi.
India’s booming economy fails to lift its weakening rupe

India’s booming economy fails to lift its weakening rupe

The Indian rupee will likely stay flat against the dollar in coming months as the RBI jumped back into active market intervention to stop wild swin...
India seizes $280 million, arrests OctaFX Ponzi mastermind in Spain

India seizes $280 million, arrests OctaFX Ponzi mastermind in Spain

Indian authorities have announced the seizure of more than $280 million from the mastermind of the OctaFX Ponzi scam.