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Shaktikanta Das: Six major policy decisions in six years as RBI Governor
2 weeks, 1 day ago

Shaktikanta Das: Six major policy decisions in six years as RBI Governor

India TV News  

Outgoing Reserve Bank of India Governor Shakti Kant Das has guided the country’s monetary policy through turbulent times during his six-year tenure. The central bank also announced a monetary policy including a Targeted Long-Term Repo Operations of Rs 1 lakh crore aimed at supporting critical sectors like MSMEs and NBFCs. Indian digital currency revolution Under Das’s leadership, India made significant …

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Don't create 'fear psychosis' on privacy concerns: RBI governor Shaktikanta Das
2 years ago

Don't create 'fear psychosis' on privacy concerns: RBI governor Shaktikanta Das

The Hindu  

Asserting that the newly-introduced Central bank digital currency does not leave any trail with a bank, RBI governor Shaktikanta Das on December 7 said there is no need to create a "fear psychosis" in the minds of people over privacy concerns. The pilot on the wholesale Central bank digital currency has been very satisfactory, and the RBI is keen to …

Bank Currency Central Rbi Das Concerns Privacy Concerns
Binance CEO sees no threat to crypto from central banks' digital currencies
2 years, 1 month ago

Binance CEO sees no threat to crypto from central banks' digital currencies

The Hindu  

Plans by central banks to launch digital currencies are not a threat to other cryptocurrencies as they would validate blockchain technology and build trust among sceptics, the CEO of the world's largest crypto exchange, Binance, said on Wednesday. Most major central banks, including the U.S. Federal Reserve, the Bank of England and the European Central Bank, are studying the potential …

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Central Bank Digital Currency is going to be a major transformation in the way business is done: RBI Governor Shaktikanta Das
2 years, 1 month ago

Central Bank Digital Currency is going to be a major transformation in the way business is done: RBI Governor Shaktikanta Das

The Hindu  

Reserve Bank of India Governor Shaktikanta Das said Central Bank Digital Currency is going to be a major transformation in the way business is done — the way transactions are conducted and highlighted that RBI is among the very few central banks in the world which have taken this initiative. While addressing FIBAC on November 2, Governor Shaktikanta Das said, …

India Economy Inflation Bank Digital Currency Central
Morbi Bridge Collapse: Death toll mounts to 132; 9 from OREVA group arrested
2 years, 1 month ago

Morbi Bridge Collapse: Death toll mounts to 132; 9 from OREVA group arrested

The Hindu  

The death toll in Morbi suspension bridge collapse rose to 132 on Monday, Gujarat Minister of State for Home Harsh Sanghavi said, adding that rescue personnel are looking for two persons believed missing. Chandrachud said the sole reason behind using the test on traumatised sexual assault survivors is to see whether the woman or girl was “habituated” to sexual intercourse. …

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Cryptocurrency: RBI to bring India's own digital rupee; how much tax it will attract | All you need to know
2 years, 10 months ago

Cryptocurrency: RBI to bring India's own digital rupee; how much tax it will attract | All you need to know

India TV News  

Highlights RBI to issue digital rupee based on blockchain technology in 2022-23 With this, India will join certain countries that have their own central bank digital currency China's digital RMB was the first digital currency to be issued by a major economy Budget 2022: Finance Minister Nirmala Sitharaman on Tuesday announced the launch of India's own digital currency by the …

India Tax Cryptocurrency Assets Bank Digital Digital Currency
Fed chief says, more important for U.S. to get digital currency right than be first
4 years, 2 months ago

Fed chief says, more important for U.S. to get digital currency right than be first

The Hindu  

In any development of a cross-border digital currency, it is more important for the United States “to get it right than be first,” U.S. Federal Reserve Chair Jerome Powell said on Monday. “We do think it's more important to get it right than to be first and getting it right means that we not only look at the potential benefits …

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