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What is digital rupee and how will it help bolster India’s economy

Posted on Posted in Business by 34 views

In a landmark moment, the Reserve Bank of India (RBI) rolled out India’s first digital rupee pilot project for the wholesale segment on November 1. It will launch a similar trial on the retail side soon. The digital rupee (e₹) is also known as Central Bank Digital Currency (CBDC). It is a digital form of…

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India’s economy shows signs of recovery as factory activity rises in July

Posted on Posted in Business by 23 views

India’s economy has shown signs of recovery in July as factory activity rebounded on the back of rising domestic and international demand. The recovery in manufacturing has prompted companies to create new jobs after a deadly second wave of the Covid-19 pandemic disrupted the economy. The Manufacturing Purchasing…

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