A viral post claimed that cheques written in black ink will no longer be accepted from January 1, 2025, and cheques must be ...

India's economic growth is poised to rebound as domestic demand regains strength, though the stickiness in food inflation ...

India's foreign exchange reserves extended their losing streak for a sixth straight week and stood at a 10-month low of ...

The Reserve Bank of India likely sold U.S. dollars before the local spot market opened on Friday to support the rupee, ...

The Reserve Bank of India (RBI) on Thursday announced liberalised norms to encourage use of Indian Rupee and local/ national ...

To encourage the use of the rupee and other currencies to settle cross-border transactions, India's central bank took steps ...

Liquidity in the country's banking system stood at a deficit of 2.09 trillion rupees as of Jan. 14, data from the Reserve ...

The Reserve Bank of India, under new Governor Sanjay Malhotra, is loosening its tight control over the rupee, aligning it ...

Analysts have revised expectations for Indian rate cuts due to the rupee's decline and inflation fears. With the currency ...

This belief explains why there is a lot of hue and cry when a country’s currency is depreciating sharply, much like the rupee ...

India's central bank will be more judicious in its use of foreign exchange reserves to mitigate domestic currency market ...

An alert bank manager with the SBI in central Delhi saved a 68-year-old retired school teacher from becoming a victim of a ...