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December 2, 2022 4:34 PM

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RBI launches retail digital rupee on pilot basis

RBI on December 1, launched the retail digital rupee on a pilot basis. The central bank has identified eight banks for phase-wise participation in this trial. The retail digital rupee will be in the form of a digital token that represents legal tender. Retail digital rupee transactions can be carrie...

December 1, 2022 4:39 PM

GST collection over 1.45 lakh crore rupees in November

Gross Goods and Services Tax, GST revenue collection in November 2022 was over one lakh 45 thousand crore rupees. This is the straight ninth month when the monthly GST revenue collection is more than one lakh 40 thousand crore rupees. Finance Ministry said, GST revenue collection in the month of Nov...

December 1, 2022 2:00 PM

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RBI launches retail central bank digital currency on pilot basis

The RBI today, December 1, launched the retail digital rupee on a pilot basis. The central bank has identified eight banks for phase-wise participation in this trial. The retail digital rupee will be in the form of a digital token that represents legal tender. AIR correspondent reports, the RBI will...

November 30, 2022 7:33 PM

Sensex, Nifty closed at record high

The Sensex and the Nifty today closed at record high. Both indices rose more than half a percent. Both stocks gained amid positive cues from global share markets. Extending gains for the seventh session in a row, the BSE Sensex finished above the 63,000 mark while the Nifty settled above the 18,750 ...

November 30, 2022 7:12 PM

India Post Payments Bank cautions customers of cyber frauds

India Post Payments Bank has cautioned its customers of cyber frauds. The warning came due to the rise in multiple fraudulent activities where fraudsters open fake accounts in the name of villagers, tribals and not so literate people by giving the impression that account holders would get monetary b...

November 30, 2022 6:04 PM

Rupee strengths 30 paise against US dollar

In the forex market, the rupee today strengthened 30 paise against the US dollar. The domestic currency closed at 81 rupees and 43 paise against the American currency. The dollar index, which indicates the US dollar's strength against a basket of six other leading currencies, fell 0.35 perc...

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