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Tuesday, November 5, 2024
TopicDigital rupee

Topic: Digital rupee

RBI wants to scale up e-rupee via UPI. Why target of 1 mn transactions a day could be ‘far-fetched’

RBI piloted Central Bank Digital Currency, or e-rupee, last November and now hopes to ramp up its use through UPI. But experts say lack of awareness and adoption are obstacles.

RBI uses e-rupee to settle 2.75 billion rupees of government bonds in pilot project

The digital rupee would make the interbank market more efficient, the RBI said Monday, when it announced the pilot for CBDC in the wholesale segment.

Before RBI launches digital rupee, it must clear for Indians what the incentives are

RBI should be mindful of four key aspects as it lays the foundation for a digital rupee architecture.

Will RBI’s digital rupee be a hit? Well, there are so many ifs and buts

The currency is likely to have stable value, limiting appeal as an asset. It may be safer than holding cash, but tech, connectivity will pose issues, if meant for wide use by households.

Govt can ban Bitcoin but for ‘digital rupee’ to succeed, India has to do a lot

The ‘digital rupee’ could be India’s chance to move away from being an economy with one of the highest cash to GDP ratios.

On Camera

Trudeau is nursing snakes in his own backyard. Misguided Sikhs in Canada are losing the plot

By turning a blind eye to the snakes in his own backyard, Trudeau is setting the stage for a disaster of epic proportions for his country, his people, and the world at large.

Watch CutTheClutter: Flattening INR-USD rate, and debate on pros and cons of a ‘strong’ rupee

In Episode 1544 of CutTheClutter, Editor-in-Chief Shekhar Gupta looks at some top economists pointing to the pitfalls of ‘currency nationalism’ with data from 1991 to 2004.

India carries out 1st patrol in Depsang since disengagement with China, to take things ‘slow’

While there are patrolling points (PP) 10, 11, 12, 12A and 13 in the Depsang Plains, the patrol in the region Monday was carried out to only one point as decided by India and China.

Xi wanted to teach India about imbalance of power. We should take a budgetary lesson from it

While we talk much about our military, we don’t put our national wallet where our mouth is. Nobody is saying we should double our defence spending, but current declining trend must be reversed.