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Dollar inflows flowing into India’s forex reserves while the rupee remains largely unchanged in the currency market.
Dollar inflows flowing into India’s forex reserves while the rupee remains largely unchanged in the currency market.
India’s planned polymer ₹10 and ₹20 banknotes displayed in front of a Reserve Bank of India emblem, highlighting the government-approved field trials of one billion notes of each denomination.
The Reserve Bank of India plans to introduce India’s first polymer currency notes at the beginning of the next financial year. The pilot project aims to improve note durability, strengthen security against counterfeiting and reduce long-term currency management costs. Key Highlights News Story The Reserve Bank of India (RBI) has...
RBI officials inspect India's new polymer ₹10 and ₹20 banknotes at the Reserve Bank headquarters as the country prepares to launch durable plastic currency under a pilot project.
Reserve Bank of India headquarters with banking officials examining new polymer currency notes, highlighting the RBI's plan to introduce longer-lasting banknotes in India.
Rupee Falls Just 0.7% Despite 20% Surge in Crude Oil Prices; RBI Support and Capital Inflows Cushion Pressure
RBI has started preparations for a pilot rollout of ₹10 and ₹20 polymer currency notes.If the trial is successful, a wider rollout could begin in 2027. Highlights India may soon introduce plastic, or polymer, currency notes as the Reserve Bank of India (RBI) moves ahead with plans to test the...
Foreign-funded NGOs face stricter compliance norms, higher penalties, and tighter oversight under revised FCRA regulations. Highlights The Central Government has introduced significant changes to the Foreign Contribution (Regulation) Act (FCRA) framework, tightening compliance requirements for non-governmental organisations (NGOs) that receive foreign funding. The revised rules aim to strengthen transparency, accountability,...
Currency gains further as lower oil prices and easing Middle East tensions boost investor sentiment Highlights The Indian rupee opened 10 paise higher against the US dollar on Tuesday, extending its recent gains as investors assessed the implications of the emerging US-Iran peace framework and its potential impact on global...
Indian currency strengthens 53 paise to 94.65 against the US dollar as easing West Asia tensions and falling crude oil prices boost investor confidence. Key Highlights • The Indian rupee surged 53 paise to 94.65 per US dollar in early trade on June 15. • The gain followed the announcement...
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