News for 'Central Bank Digital Currency'

Russia on Friday agreed to encourage joint manufacturing in India of military hardware and spare parts for maintenance of Russian-origin arms and defence equipment. IMAGE: Russian President...

United States President Donald Trump has warned that countries aligning with the BRICS economic bloc will face additional 10 per cent tariffs on their goods, as he seeks to protect the dollar's...

A number of exhibitions at the Bharat Mandapam, the convention centre which will host key G20 summit meetings, will showcase India's technological prowess and innovation, and offer a multitude of...

'That way you're not hostage just to US exports to India.' IMAGE: Prime Minister Narendra Modi and British Prime Minister Sir Keir Starmer shake hands after Britain's Secretary of State for...

As Damascus teetered, Assad's aide orchestrated a shadowy airlift, spiriting millions and secrets to Russia, paving his own escape route. IMAGE: Russian President Vladimir Putin, right, speaks...

The Reserve Bank of India (RBI) is in no rush to launch the central bank digital currency (CBDC) nationwide, as its most promising use case — cross-border payments — depends on other countries...

The proposed Central Bank Digital Currency (CBDC) to be issued by the Reserve Bank will play a critical role in improving the speed of transactions and reducing the cost of cash, a Deloitte report...

Former RBI governor D Subbarao on Monday said there is a strong motivation for the central bank to launch a digital currency and cash is going to coexist with  the new-age currency....

'There are no additional benefits for banks and market participants to use CBDC...' Illustration: Dominic Xavier/Rediff   With commercial banks still in the process of developing technology to...

Despite the demonetisation of 2016 and the rise in digital transactions that followed, the economy’s dependence on cash has remained as high as ever. Illustration: Dominic Xavier/Rediff.com...