Tag: digital currency

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Posted in Economy

India’s digital currency push targets its leaky welfare system

PHULENAGAR/MUMBAI: In the western Indian village of Phulenagar, Samadhan Sonawane set up a drip irrigation system on his small onion farm using digital currency issued…

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The initiative to link BRICS digital currency to potentially bypass the US dollar can irk Donald Trump, who sees BRICS as “anti-American”. (Reuters)
Posted in Business

RBI proposes to link BRICS digital currencies to reduce reliance on US dollar: Report| Business News

The Reserve Bank of India has proposed that BRICS countries link their official digital currencies to make cross-border trade and tourism payments easier, two sources…

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Posted in Economy

RBI launches digital currency retail sandbox

The Reserve Bank of India (RBI) on Wednesday launched a retail sandbox for its central bank digital currency (CBDC), allowing fintech firms to build and…

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