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RBI's policy is to prevent excessive volatility of the rupee, or the exchange rate and also anchor expectations around the currency's depreciation

Despite substantial devaluation in other currencies, Indian rupee maintained its value: RBI Governor

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Amid extreme volatility in global stock markets, the Indian rupee has "held its own", says RBI governor Despite extreme volatility in global stock markets, especially...
Moody's cut the GDP growth forecast for G-20 nations to 2.1% from 2.9% for the year 2023

Moody’s reduces GDP growth forecast for G-20 nations’ to 2.5% in 2022

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Moody's forecasts 2.1% growth in 2022, 1.1% in 2023 for G-20 advanced economies Moody's Investors Service, the global credit rating agency on Wednesday reduced the...
Value-wise India's Q2 2022 gold demand value was Rs 79,270 crore, an increase of 54 percent in comparison with Q2 2021

India’s demand for gold rises 43% in Q2, says World Gold Council

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Akshaya Tritiya coupled with traditional wedding buying spurred jewellery demand by 49% to 140.3 tonnes Coming out of the grip of the economic slump brought...
The UN trade and development body UNCTAD says that in 2021, developing countries accounted for 15 of the top 20 economies when it comes to the share of the population that owns cryptocurrencies

In India, 7.3% of the population owned digital currency in 2021, the Seventh highest...

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Global use of cryptocurrencies has increased exponentially during Covid pandemic, says a report Even after the repeated warning from the Reserve Bank of India (RBI)...
Since Q1 2022, the macroeconomic environment has shifted dramatically, sparking a dramatic pullback in equity and crypto markets

BlockFi & Crypto.com lay off hundreds of employees as coins slump

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As global crypto market batter, BlockFi and Crypto.com lay off hundreds of employees After the global crypto market was battered owing to a "dramatic shift"...
A lot of consultation has been done from both domestic and other participants, Seth said on the sidelines of an event organized by the Finance Ministry

India finalizing consultation paper on cryptocurrencies: Economic Affairs Secretary

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Centre drives close to putting together its cryptocurrency consultation paper; will submit soon The Government of India will soon finalize a consultation paper on cryptocurrencies...
The two leaders discussed Ukraine crisis and several regional and global issues including increasing trade relations and cooperation in the field of mitigating the impact of climate change

Russia-Ukraine war: Modi urges for dialogue and diplomacy. Frederiksen urged India to talk to...

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Denmark's PM calls on India to 'use its influence' over Russia to end Ukraine war As conflict rages between Russia and Ukraine, Prime Minister Narendra...
The proposed Data privacy and Cryptocurrency bills get a thumbs up from Mukesh Ambani

Mukesh Ambani backs data privacy, cryptocurrency bills

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Mukesh Ambani supports proposed data privacy, crypto currency bills Billionaire Mukesh Ambani on Friday backed the proposed data privacy and crypto currency bills, saying India...
EP 179: Biden says stands by Ukraine & will convey this to Putin; Oli says misunderstanding resolved

EP 179: Biden says stands by Ukraine & will convey this to Putin; Oli...

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Sree Iyer: Namaskar. Today is the 8th of June 2021, Tuesday and Daily Global Insights with Sri and Sree, episode number 179. Let's take...
EP137 Indian Vaccine Diplomacy win for India in Uruguay, China warns the US on Olympics, Iran: No talks until all sanctions lifted, Modi government approves 4500 Crore Scheme for Solar PV modules & more!

EP137 Indian Vaccine Diplomacy win for India in Uruguay, China warns US on Olympics...

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 Sree Iyer:  Namaskar and welcome to PGurus Channel. This is Daily Global Insights, episode 137, today is the 8th of April 2021. Hello and...

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