Central Bank Digital Currency Momentum Growing
Central Bank Digital Currencies (CBDCs) are getting more attention as countries across the globe look into their ability to change the money world. With 130 nations looking into CBDCs, the effect ...
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Inflationary Pressures Continue to Challenge Economies Worldwide, Central Banks Implement Measures to Control Rising Prices
Inflation is defined as a general increase in the prices of goods and services over a given period. In general, when inflations occurs, life becomes more expensive because purchasing goods and ...
China’s central bank was making strategic investments in India, then came Coronavirus
China was able to get away with anything before the pandemic due to the reason that it was subtly investing and buying stakes across the globe through its central bank. Inundated ...
Nirmala Sitharaman attends her first G20 Finance Ministers and Central Bank Governors meeting
In her first multilateral meeting as the Finance Minister, Nirmala Sitharaman on Sunday attended the G20 Finance Ministers and Central Bank Governors meeting and associated events in Fukuoka, Japan. Accompanying her ...
Reserve Bank of India called back its 100 Tonnes of Gold
Recent initiatives undertaken by the Reserve Bank of India (RBI) have culminated in the successful repatriation of a substantial portion of the nation's gold reserves. Specifically, 100 tons of gold were ...
RBI is closing down PayTM Payments Bank
In a significant development, the Reserve Bank of India (RBI) has wielded its regulatory authority to impose stringent restrictions on Paytm Payments Bank, citing persistent non-compliances and material supervisory concerns. The ...
Dollars and Decentralization: Charting The Future Landscape Of Money
Bitcoin, introduced in 2009, was the pioneering cryptocurrency, setting the stage for the proliferation of numerous alternative coins (altcoins) with varying features and purposes. A digital dollar is a government-issued currency ...
RBI paper on mergers: Verdict on bank mergers is out
RBI paper on bank mergers: Banks. The term connotes different realities to different individuals. While for commoners like us, it refers to a place for deposits and loans, for experts it ...
There is no sense behind opposing Shri Banke Bihari Corridor
How many of you remember the construction of Kashi Vishwanath Corridor? Although the project was grand and was aimed at restoring cultural heritage, it faced a lot of backlashes during the ...
Nationalisation of Banks: How Indira Gandhi ruined economics for political success
The Indian economy, five decades back, was thrown under the bus by the Indira Gandhi-led government. The party took the first step in ruining the economy of the nation just to ...
India’s Axis Bank to buy City Bank’s India division
Axis Bank, one of the largest private sector banks in the country with more than 11 billion dollars in revenue, is all set to buy CitiGroup’s 2.5 billion dollars India retail ...
A bankrupt Turkey comes running back to India
A report by Eurasian Times states that Turkey is going to export drones to India. In the next two weeks, before the end of the year, Turkish drone manufacturing company Zyrone ...
