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The Reserve Bank of India has expanded its central bank digital currency pilots into subsidy programmes and financial markets, including tokenised certificates of deposit and cross-border projects. CBDC was also used in select welfare schemes under direct benefit transfer mechanisms.
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Supreme Court sought responses from Centre, ED, RBI and others on a plea alleging diversion of thousands of crores collected from Noida and Yamuna Expressway homebuyers. The case involves Jaiprakash group firms, with ED probing alleged fund siphoning under PMLA
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The Congress claimed the Centre’s finances are weaker than projected after the Reserve Bank of India announced a record Rs 2.87 lakh crore dividend to the government. Congress leader Jairam Ramesh alleged the payout was boosted through adjustments to the contingency risk buffer
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Rupee appreciated 35 paise to 95.25 against US dollar extending gains for third session amid optimism over US-Iran peace talks, RBI assurances on forex stability, and easing crude prices. Equity markets surged while foreign investors continued selling equities net basis
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Commerce Minister Piyush Goyal said the government does not intervene in exchange rates as they are market-driven, influenced by global factors. He added that India is focused on boosting exports, reducing imports, and strengthening investment through trade reforms and policy support
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The Indian rupee strengthened for a second straight session, rising 63 paise to close at 95.73 against the US dollar. Support came from easing crude oil prices, positive equity markets, softer US yields and expected Reserve Bank of India intervention
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The rupee strengthened by 18 paise against the US dollar in early trade on Friday, aided by softer crude oil prices, hopes of easing geopolitical tensions and RBI intervention measures. Markets also reacted positively to signals of constructive diplomatic talks involving Iran.
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Economists expect the RBI to maintain a wait-and-watch stance on monetary policy amid geopolitical uncertainty and inflation trends. Rising food inflation and global oil prices are key risks, while the central bank is likely to avoid immediate policy tightening.
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New regulatory framework "significant index" has been introduced and grievance redressal mechanisms under the regulations will apply only to significant indices provided by Sebi-registered index providers
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The Ministry of Home Affairs informed the Supreme Court of India about coordinated measures against digital arrest scams, including WhatsApp banning 9,400 accounts, SIM blocking systems, RBI safeguards, and a proposed biometric verification framework to strengthen cybercrime prevention nationwide
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In the absence of clear oversight, scammers exploit both the opacity and the hype associated with digital assets
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Reserve Bank of India Governor Sanjay Malhotra warns West Asia conflict may entrench inflation via supply shocks, prompting a wait-and-watch stance on interest rates. He highlights trade exposure, forex resilience, rupee flexibility, and ongoing digital initiatives like UPI and Unified Lending Interface platform
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The Sovereign Gold Bonds (SGB) 2020–21 Series VII has opened early redemption, offering over 200% returns as gold prices surge. The Reserve Bank of India fixed payout at ₹15,254 per unit for eligible investors
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The PIB fact-checking unit has dismissed online claims that the RBI introduced new guidelines for exchanging discontinued currency. It clarified that the claims are fake, urged citizens to rely on official sources, and warned against spreading unverified information.
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Reserve Bank of India projected 7.6% GDP growth for FY26 and 6.9% for FY27, with Sanjay Malhotra citing resilience from domestic demand but warning of geopolitical risks, inflation pressures, and global slowdown impacting India’s outlook
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The Reserve Bank of India approved Emirates NBD Bank’s plan to acquire up to 74% stake in RBL Bank, subject to regulatory clearances. The deal would make RBL a foreign-owned subsidiary, marking a significant development in India’s banking sector
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The Indian rupee recorded its biggest single-day gain in nearly 13 years, closing at 93.10 against the US dollar after the RBI tightened rules to curb speculation. Strong forex reserves and improved risk sentiment supported the sharp rally.
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Indian rupee surged 1.7%, its biggest gain in over 12 years, after Reserve Bank of India tightened curbs on currency speculation and offshore derivatives. Gains came amid global market weakness, rising crude prices, and falling Asian equities and domestic indices
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A State Bank of India report urged the Reserve Bank of India to use forex reserves to stabilise the rupee amid West Asia tensions. It flagged volatility, suggested market interventions, and proposed measures to manage foreign exchange demand
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Atanu Chakraborty resigned as part-time chairman of HDFC Bank citing ethical concerns, marking an unprecedented mid-term exit. Keki Mistry was appointed interim chairman as the RBI approved leadership transition