The Reserve Bank of India has urged countries to focus on central bank digital currencies over privately-issued stablecoins, citing concerns about financial stability. In its December financial stability report, released on Wednesday, the RBI argued that CBDCs preserve the “singleness of money and the integrity of the financial system,” and should remain as the “ultimate…
NEW DELHI: West Bengal CM Mamata Banerjee has become a “law unto herself”, BJP said Sunday, claiming that her allegation that the party was using President Droupadi Murmu for political reasons stemmed from a guilty conscience. “It is shameful and nonsense to comment that we are using the President,” BJP’s Ravi Shankar Prasad said, emphasising…
The market’s short-term direction is likely to be influenced by INR-USD movements. (AI image) Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, tanked in opening trade on Tuesday. While Nifty50 went below 25,900, BSE Sensex was down over 380 points. At 9:18 AM, Nifty50 was trading at 25,836.45, down 124 points…
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J&K CM Omar Abdullah (PTI) SRINAGAR: Sheikh Mohammad Abdullah “resides in the hearts of people” whether his Dec 5 birth anniversary is declared a holiday or not, his grandson and J&K CM Omar Abdullah said Thursday, five years after the date tied to the National Conference (NC) founder was taken off the list of public…
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The All India Consumer Food Price Index (CFPI) saw a year-on-year inflation rate of -5.02% (Provisional) for October 2025 versus October 2024. (AI image) October retail inflation FY 2025-26: The Consumer Price Index (CPI) inflation for the month of October dropped to a 10-year low of 0.25% according to government data. This is a reduction…
MUMBAI: The weakness of the rupee and foreign fund selling due to geopolitical concerns weighed on investor sentiment on Dalal Street on Friday, and the resultant selling pulled the sensex down by 770 points (0.9%) to 81,538 points. On the NSE, the broader Nifty slid 241 points (1%) to close just above the 25K mark,…
