India's first digital rupee pilot project will commence on Tuesday with nine banks, including SBI, HDFC Bank and ICICI Bank, issuing the virtual currency for transactions in government securities. "...the first pilot in the digital rupee - Wholesale segment shall commence on November 1, 2022," the RBI said in a statement on 'Operationalisation of Central Bank Digital Currency-Wholesale (e?-W) Pilot'. It also announced that the first pilot in digital rupee - Retail segment is planned for launch within a month in select locations in closed user groups comprising customers and merchants.
Deepika joins Dwayne Johnson, Michael B Jordan, Riz Ahmed, Emily Blunt, Glenn Close, Troy Kotsur, Jennifer Connelly, Samuel L Jackson, Melissa McCarthy, Zoe Saldana, Donnie Yen, Jonathan Majors and Questlove.
Rohan Bopanna often gets baffled to find the love of playing Davis Cup diminishing with passage of time.
Retired from the Indian Navy, his passage in the Golden Globe Race wasn't easy. Although he kept himself in the basket of race leaders, the position revealed little of what he was actually enduring. Shyam Menon captures the drama of Abhilash Tomy's incredible solo voyage across the world.
Prime Minister Narendra Modi said the country is proud and elated with "Naatu Naatu" winning an Oscar and hailed the song as one that will be remembered for years to come.
Sweden goalkeeper Zecira Musovic emerged as the hero as her team beat the United States 5-4 on penalties
First Lady Jill Biden said after years of strengthening ties, the US-India partnership is deep and expansive as the two countries jointly tackle global challenges.
Yoga was the mantra and asanas the discipline on Wednesday as millions across the globe and distant corners of India stretched for the skies and dived for their toes, breathed in and out -- mindfully -- and twisted and turned to celebrate the International Day of Yoga.
Fuelled by robust market demand and higher revenues, InterGlobe Aviation on Thursday flew into the profitability zone, raking in a net profit of Rs 919.2 crore in the March quarter. The parent of the country's largest airline IndiGo, which had faced turbulence last year, had a net loss of Rs 1,681.8 crore in the three months ended March 2022. Reflecting the bullishness in the aviation market, the carrier has forecast a 5-7 per cent rise in Available Seat Kilometres (ASK), an indicator of seat capacity, in the June quarter.
The Narcotics Control Bureau on Tuesday claimed to have busted the "biggest" darknet-based LSD cartel operating in India with the seizure of more than 13,000 blots and Rs 26 lakh in cash and the arrest of three persons.
Venture Capital giant Sequoia India & Southeast Asia has rebranded itself to Peak VX Partners. The VC firm will now manage its assets under management (AUM) in the region of over $9.2 billion across 13 funds independently. The rebranding exercise followed Sequoia Capital's break-up into three independent entities across the globe. Besides Sequoia India & Southeast Asia, Sequoia China business has adopted the name HongShan in English (it will
After reports of contamination in cough syrups sent from the country, India is considering a system to test them before exporting. It is learnt that the Central Drugs Standard Control Organisation (CDSCO) has sent a proposal to the Union health ministry on this. The idea is to test the medicines at government labs before exporting.
RBI Governor Shaktikanta Das on Friday called upon G20 nations to resolutely address the challenges, like threats to financial stability and debt distress that confront the global economy. Addressing the inaugural session of the meeting of G20 finance ministers and central bank governors, Das said although the outlook for the global economy has improved in recent months and there is now greater optimism that the world may avoid a deep recession and only experience slow growth or softer recession,"yet uncertainties lie ahead of us." "Together we must resolutely address the challenges that confront us, including those that are of medium to long-term nature such as threat to financial stability, debt distress, climate finance, fractures in global trade and strains on global value chains.
Mitchell Starc keeps away from T20 leagues around the world, including the IPL, despite the handsome money on offer as he wants to be at his best playing for Australia.
The singers' live performance at the 95th Academy Awards was a goose-bump moment with American dancers doing justice to the track.
The ICC Men's Cricket World Cup 2023 Trophy Tour kicked off in spectacular style, launching 120,000 feet above the Earth.
It's back to school time and with children getting back to the grind, here are 5 yoga poses that RediffGuru Sabrina Merchant recommends to help your child ease into the process.
Prime Minister Narendra Modi on Friday embarked on a tour of Japan, Papua New Guinea and Australia to attend three key multilateral summits including that of the G7 grouping and Quad.
Citadel proves unworthy of Priyanka's splendour, Madden's intensity or veteran talents like Lesley Manville and Stanley Tucci squandered in banal parts, complains Sukanya Verma.
FIH president Tayyab Ikram asserted that the dynamics of the sport would not be compromised at any cost when they try out the proposed penalty corner rule.
The Met Gala was also the red carpet for a bunch of lovely-looking pregnant celebs who proudly showed off their baby bumps.
Luis Rubiales' kiss of Jenni Hermoso triggered a torrent of allegations from other women in sport of predatory behaviour by men.
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The West Stand at the iconic stadium has been renamed the 'Sachin Tendulkar Stand.'
From The New York Times to BBC and The Guardian to The Washington Post, the historic event in India's space programme on Wednesday made headlines across the globe.
It is the first mega exercise involving the two aircraft carriers after induction of the indigenously-built INS Vikrant in September.
A quick look at the winners.
With as many as fourteen Australians taking part in the inaugural edition of the Women's Premier League, CA CEO Nick Hockley was happy to see the growth of women's cricket.
'If we want our economies to be strong, we need to invest in young people who are our future.'
The location of the bust of Gandhi has been chosen as a mark of solidarity for peace and non-violence.
Tesla Inc, the world's largest electric car producer, is looking to make a significant investment in India, said its chief Elon Musk, who saw India as holding more promise than any other large country around the globe. Musk, after meeting Prime Minister Narendra Modi, said he plans to visit India in 2024. "I am confident that Tesla will be in India and we will do so as soon as humanly possible," Musk told reporters after the meeting.
Prime Minister Narendra Modi arrived in the Japanese city of Hiroshima on Friday to attend the annual summit of the G7 grouping and the third in-person Quad leaders' meeting during which he will exchange views with world leaders on global challenges and discuss ways to collectively address them.
'Every award that Naatu Naatu is getting is special, but the Critics Choice Award is more special since RRR also won in the Best Foreign Language Film category.'
Senior Tesla executives including those from its supply chain are planning to come to India on Wednesday and Thursday for meetings with government officials, including those in the Prime Minister's Office, according to sources. Prashant R Menon, director of Tesla India, did not respond to a specific query on the meetings. Sources say that the executives are coming to see how they can expand and develop local sourcing of components from India for the Tesla car.
Six wondrous wardrobe moments that set the mood board this week.
Ravi Sinha is described as "highly tech-savvy", and credited with infusing modern technology in the field of intelligence collection.
India's star shuttler H S Prannoy doesn't want to think about Paris right now and is instead focussing on "short-term targets" like breaking into the world's top three.
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