In a major step towards digitisation, the State Bank of Pakistan (SBP) is working with Soramitsu, a Japanese blockchain technology developer, to pilot a central bank digital currency (CBDC) in the ...

India could pivot back to West Asia oil and boost US imports, but moving away from refinery-friendly Russian crude may ...

A senior UAE trade and investment official has called India’s latest rupee trade reform a “game changer” that will deepen ...

Given that gold is traded worldwide in US dollars, domestic prices are closely tied to the rupee’s performance against the ...

The Indian rupee saw modest gains but held just under record low against the US dollar today. INR ended up 4 paise from previous close around 87.70 per US dollar. The US dollar ...

RBI allows non-residents with SRVAs to invest in Central Government Securities, boosting market liquidity and investor base.

Subbarao cautions against reputational risks from Trump’s rhetoric, rising global risk premia, cost of borrowing and the mounting pressure on India’s export-driven sectors.

RBI permits non-residents with SRVAs to invest rupee surplus in government securities (G-secs), boosting rupee trade efforts.

India's central bank said on Tuesday foreign investors may invest the surplus balance in their so-called "vostro" accounts ...

The changes are in immediate effect and operational guidelines to AD Category-I banks issued by the RBI, release said.

US President Donald Trump has announced a 50 per cent tariff on India for its continued trade relationship with Russia in the backdrop of the two countries negotiating a free trade agreement. (FTA).