India’s central bank will begin testing its proposed digital rupee for retail use this week. “The pilot will test the robustness of the entire process of...
Hoping to stabilize the rupee, India has agreed to a $75 billion currency swap with Japan, according to reports on Monday (Oct. 29). “The deal...
When you want to know something: Follow the money. In India, then, to find out how well, or not so well, demonetization efforts are playing...
Since demonetization last year, Indian government and regulatory authorities have worked hard to push digital payment methods. But Indian citizens are not quite cooperating just...
Anniversaries are a time for reflection, and one year into India’s grand de-monetization drive, the results are mixed. Counterfeiting activity has simply moved to embrace...
The Reserve Bank of India (RBI) says it’s time to embrace blockchain and adopt a digital currency for the country, according to a new report....
Snapdeal, the online retailer in India, has the answer to the cash crisis going on in the country: door-to-door delivery of cash. According to a...
The country’s decision to discontinue the 500- and 1,000-rupee banknotes earlier this month in an attempt to curb fraud, corruption, illegal tax evasion and illegal...