Bloomberg Retracts Explosive Report Claiming RBI Sold Gold

Bloomberg Backs Down: Retracts Report Claiming RBI Sold Gold to Defend Forex Reserves

Bloomberg has retracted its report alleging that the RBI sold gold to protect India’s forex reserves. The central bank’s denial has been vindicated as official data confirm India’s gold holdings remain unchanged.

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Why is the Rupee Falling? Indian Currency Tanks to Record Low of ₹90.14

Why is the Rupee Falling? Indian Currency Tanks to Record Low of ₹90.14

The Indian rupee tumbled past ₹90 per US dollar for the first time, hitting ₹90.11 in early trade as global crude prices rise, investors pull funds, and trade tensions with the US weigh on sentiment. Analysts warn of continued volatility as markets await RBI action.

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ATM Withdrawal Fees to Increase from May 1, 2025

Mumbai: Starting May 1, 2025, bank customers will face higher fees for withdrawing money from ATMs. The Reserve Bank of India (RBI) has approved an increase in the ATM interchange …

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Digital India: Technology for Inclusive Growth

India’s Digital Transformation Set to Drive $1 Trillion Economy by 2028, says Report

New Delhi: India is on track to become a $1 trillion digital economy by 2028, driven by substantial advancements in its financial ecosystem, according to a report by Ask Capital. …

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