It might come as a surprise, but the cost of minting a one-rupee coin in India is higher than its actual value. According to a 2018 disclosure by the Reserve Bank of India (RBI) in response to an ...

RBI partners with fintech firm Cred to launch retail e-Rupee wallet, marking a major expansion of India's CBDC program.

The problem stems from the large variety of 10-rupee coins in circulation. More than 5 billion coins, worth over $775 million, have been minted since 2010. Rs. 10 coin have been issued both with ...

a 5 rupee coin costs Rs 3.69 and a 10 rupee coin costs Rs 5.54. Let us tell you that in Indian currency, some notes and coins are printed by the government, while some notes are printed by the ...

Moody's Ratings on Thursday noted the Indian Rupee has depreciated by around 5% in the last two years and has fallen by 20% ...

Kunal Shah’s CRED has become the first fintech to collaborate with the RBI on a CBDC project, launching the e₹ wallet beta ...

Jio Platforms, led by billionaire Mukesh Ambani, has partnered with internet technology company Polygon Labs. Soon after the ...

The Indian rupee was marginally weaker on Friday as the impact of heightened dollar demand, spurred by the maturity of ...

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

Rising demand from solar power and electrical sectors has pushed up silver prices, making it an attractive investment avenue.

Cred Becomes First Fintech to Access RBI's Digital Currency Pilot - Cred , an Indian fintech backed by Tiger Global and Peak ...

Osman, who is also a collector of stamps and coins, traces the various currencies that were used in the UAE since the days of the Greek currency which was known as darkham 2500 years ago, followed ...