The government has said BRICS countries are not currently considering a proposal for a common currency. It also said discussions on settling bilateral trade in local currencies would continue as a ...

BRICS is not creating a common currency; the New Delhi Declaration focuses on payment infrastructure to facilitate local currency use, not reserve status. The U.S. dollar remains dominant in global ...

The head of Russia’s biggest lender said his country’s central bank is working with the Reserve Bank of India on a mechanism to use digital currencies to settle bilateral trade, in what would be a ...

Indian 10-year bond yields rose, adding pressure on banking stocks. The National Stock Exchange (NSE) saw a 3.05% erosion in market capitalisation, indicating the sell-off was broad-based. Market-wide ...

India’s new UPI MDR rules could change payment costs for forex and crypto traders. Here’s how it could affect INR liquidity and trading.

New Delhi: India has called on BRICS countries to deepen economic cooperation by encouraging trade in local currencies, linking payment systems and making cross-border transactions easier and more ...

Your Call to Action – The medium-term hurdle still remains at 24,650. Only if this level is overcome confidently can a new bullish phase begin. A sustained trade below the 23,000 level can trigger ...

Add Yahoo as a preferred source to see more of our stories on Google. Security personnel walk past a projection of the BRICS logo on the Railway Bhawan building ahead of the upcoming BRICS Summit in ...

India’s Prime Minister Narendra Modi is hosting the annual BRICS Summit beginning today in the Indian capital, New Delhi, which has been decked out in BRICS-themed signs and illuminated buildings and ...

India to Push BRICS Digital Currency Link Despite Hurdles, Sources Say By Nikunj Ohri and Jaspreet Kalra NEW DELHI, Sept 10 (Reuters) - India ⁠is ⁠pushing to link central bank digital ⁠currencies ...