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Friday, July 18, 2025
TopicIndian Currency

Topic: Indian Currency

Rupee touches over two-week high on dollar inflows, gains in Asia FX

The rupee was at 84.30 as of 11:00 am, its highest since 7 November, up 0.1% from its close at 84.4450 in the previous session.

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.

How India’s humble Paisa came about—and what the coins tell us about sovereignty

RBI decision to not reissue copper-nickel series of Re 1 and 50 paise coins brings the end of a long coinage history that started with 'phootie cowries'.

Indian rupee can become global reserve currency. But Modi govt must bring reforms for that

India must offer the rest of the world sizable amounts of safe, readily available, and convertible assets that could be used as collateral in financial markets.

Banknotes with star mark are legal tenders, clarifies RBI

The central bank said the mark was placed before the bank note’s serial number to identify it as a reprinted or replaced note.

India-UAE vow to double non-petroleum trade to $100 bn by 2030, discuss rupee-dirham trade mechanism

Union minister Piyush Goyal and UAE's Thani bin Ahmed Al Zeyoudi conclude 1st session of India-UAE Joint Committee on Comprehensive Economic Partnership Agreement.

“Do not rush to banks:” RBI governor says Rs 2000 notes will continue to be legal lender

Maharashtra: Reserve Bank of India Governor Shaktikanta Das on Monday reiterated that Rs 2000 notes will continue to be a legal lender, after the...

‘Will not affect common man,’ says former CEA Krishnamurthy Subramanian on Rs 2000 note withdrawal

According to the former CEO Krishnamurthy Subramanian, the 2000 notes are not in use in the everyday life of the common people and its cash in circulation is only 10 per cent.

Rs 2000 notes mean ‘black money’, phase them out gradually — BJP MP’s plea to Modi govt

While Rajya Sabha MP Sushil Modi urged central government to discontinue ₹2000 notes, fellow BJP MP Nishikant Dubey defended demonetisation in Lower House.

Will ask PM to include photos of Lakshmi, Ganesha on our currency notes, Kejriwal says

The Delhi CM said 'India will prosper' if photos of the deities are put on the notes. He also cited the example of Indonesia, a Muslim nation, that has a Ganesha on its currency note.

On Camera

Critical minerals are the new oil. India can’t afford to depend on China

Mineral security is no longer just an economic concern but a national security imperative, underpinning the country’s ambitions in clean energy, defence self-reliance, and advanced manufacturing.

India-US set to ink mini trade deal soon, reach understanding on agricultural & dairy products

Mini deal will likely see no cut in 10% baseline tariff on Indian exports announced by Trump on 2 April, it is learnt, but additional 26% tariffs are set to be reduced.

Not just AK-203, India & Russia to jointly manufacture AK-19 and PPK-20 for domestic use and export 

India-Russia JV is also racing to deliver 7,000 more AK-203 assault rifles by 15 Aug. These are currently being made with 50% indigenisation and this will surge to 100% by 31 December.

RSS chief Bhagwat draws the line at 75. India’s politics stares at the Modi Exception

BJP has no dynastic succession, at least not at the top. You can trace this back to Vajpayee-Advani era. This act of spotting, empowering younger talent is even more striking with the choice of BJP presidents.