Masala Bonds are rupee-denominated bonds issued outside India, primarily in international markets, to raise capital from foreign investors. These bonds allow Indian entities to access overseas funding while...
The Republic of the Marshall Islands (RMI) will become the first sovereign nation to issue a cryptocurrency that will be legal tender. The new currency is called “Sovereign”...
Pluto Exchange will launch the India’s first bitcoin trading app for transacting in virtual currencies. The Pluto Exchange mobile app offers a solution to the coordination problem between...
The Reserve Bank of India has announced that it will issue Rs 50 denomination banknotes in the Mahatma Gandhi Series-2005. The new notes will have inset letter ‘L’,...
United Opposition consisting of major political parties like Congress, Trinamool Congress, and the BSP have given a call for nationwide Bharat Bandh to escalate their protest over the...
The union government has categorically said that it has no intention to demonetise Rs 100 and Rs 50 notes to dispel rumours which are making rounds in various...
Reserve Bank of India (RBI) has extended the deadline for exchanging pre-2005 currency notes of various denominations by another six months to June 30, 2016. From January 1,...
Noticing the expanding influence of the economies of China and India among the Asian economies, the Asian Development Bank (ADB) decided to encourage and support deals denominated in...
‘Policy Paralysis’ is the new exhortation echoing in the news media. According to news search conducted via Factiva, the catchphrase hit over 590 mentions in June 2012. The...
As per RBI governor D Subbarao, despite high fiscal and current account deficit it is highly improbable that India could witness the replication of the 1991 economic crisis...
India’s Foreign exchange reserve plunged by 1.74 billion to 290 billion The RBI data showed a sharp fall in the India’s Forex reserves The Forex reserves has slipped...
The longstanding issue over the payments for export shipments has been resolved amidst India and Iran. Both the nations have accorded to admit payment in Rupee form, an...