The Reserve Bank of India (RBI) has recently scaled the pilot of Central Bank Digital Currency (CBDC) or e-rupee for the retail sector. The central bank has received “very satisfactory” feedback and after the pilot, the digital currency might be made public, enabling payments digitally. However, Unified Payments Interface (UPI)Continue Reading

Reuters | | Posted by Singh Rahul Sunilkumar Indian salt-to-software conglomerate Tata Group plans to open 100 stores across the country that will only sell Apple Inc products, the Economic Times newspaper reported on Monday, citing two people aware of the matter. Tata Group’s Infiniti Retail, which runs the consumerContinue Reading

NDTV has offered billionaire Gautam Adani’s group two seats on its board of directors for the pre-open offer 29.18 per cent shareholding the ports-to-energy conglomerate had acquired in the broadcaster, according to a stock exchange filing. The Adani group acquired a 29.18 per cent stake in NDTV by buying aContinue Reading