money and monetary policy

Delhi residents line up outside banks as exchange of ₹2,000 notes begins

While some customers expressed confusion over the process of exchange, most banks claimed that the ‘process remained smooth’

RBI defends before Delhi HC ₹2,000 banknote exchange exercise

₹2,000 notes withdrawn: most city residents not bothered; a few peeved

Money is about more than just survival

A new economics for a new world

RBI likely to hike benchmark interest rate by 25 bps on April 6

PPI merchant transactions of over ₹2,000 to attract 1.1% charge from April 1

Lessons learnt: On the Silicon Valley Bank episode

A Russian fighter jet on March 14, 2023 struck the propeller of a U.S. MQ-9 drone surveillance drone over the Black Sea, causing American forces to bring down the unmanned aerial vehicle in international waters, the U.S. military said.

Morning Digest | U.S says Russian warplane hits American drone over Black Sea; RBI has allowed banks from 18 countries to trade in rupee, and more

The Hindu Bureau

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Photo used for representation purpose only.

RBI has allowed banks from 18 countries to trade in rupee: government in Rajya Sabha

Kallol Bhattacherjee

Commerce and Industry Minister Piyush Goyal.

ONDC will help small retail survive onslaught of large tech-based e-com firms: Piyush Goyal

Safe across borders: On Unified Payments Interface-PayNow link

An employee of a petrol station updates the latest fuel prices on a board in Karachi on February 16, 2023, after a hike in prices of petroleum products by the government.

Pakistan National Assembly passes bill to meet IMF demands for $1.1 billion loan facility

Prime Minister Narendra Modi.

India, Singapore launch linkage of real-time payment systems

The Hindu Bureau

Ahead of crucial talks, IMF spots PKR 2 trillion breach in Pakistan’s budgetary estimates

RBI Governor Shaktikanta Das speaks at the launch of IMF’s new book “South Asia’s Path to Resilient Growth” at a high-level conference in New Delhi, on January 6, 2023.

Government, RBI in discussion with South Asian countries for cross-border rupee trade: Shaktikanta Das

Review of C. Rangarajan’s Forks in the Road — My Days at RBI and Beyond: An unfinished agenda

UPI is India’s mobile based, 'fast payment' system that facilitates customers to make round the clock payments instantly using a Virtual Payment Address (VPA) created by the customer.

RBI to introduce new functionality for UPI payments, allowing multiple debits

The Hindu Bureau

Reserve Bank of India (RBI) Governor Shaktikanta Das.

RBI increases key lending rate by 35 bps, pegs GDP growth at 6.8%

The Hindu Bureau

Voters pose for a photo showing their fingers marked with indelible ink after casting their votes during the second and final phase of Gujarat Assembly elections, at a polling station in Ahmedabad, on December 5, 2022.

Top news of the day: About 58% voting in the second phase of polling in Gujarat Assembly; Let the history of Taj Mahal continue as it is, says SC, and more

The Hindu Bureau

Image for representation purpose only.

Pilot for retail digital rupee to begin on December 1

The Hindu Bureau

The government’s argument is that demonetisation led to phenomenal growth in digital transactions.

Currency in circulation now is almost double that in use just before demonetisation: Chidambaram

Krishnadas Rajagopal

The Reserve Bank of India

Banks increase EBLRs by 190 bps in tandem with RBI's repo rate hike

The challenge for policy-makers in India is how to be creative about our own problems given our strengths.

Review of ‘India’s Economy from Nehru to Modi — A Brief History’: Good policy, bad policy