Starting October 12, the RBI says it will meet the entire daily dollar requirements of Indian Oil Corporation, Hindustan Petroleum Corporation, and Bharat Petroleum Corporation
Reserve Bank of India updates its rules regarding banknote sorting machines, allowing non-permanent pencil markings on notes to no longer be classified as unfit
With India's vast population and geographical spread, the scale of currency management is immense, involving the planning, production, distribution, and refresh of approximately 176 billion rupee banknotes in cicrculation today
India's economy faces significant challenges with rupee depreciation, widening trade deficits, and capital flight, raising concerns about the growth story
India’s fundamental issues go beyond just the present conflicts. At the core of it lies its trade imbalance, with the country importing more than it exports