India's Reserve Bank leads surge in gold reserves amid global central bank slowdown

Apr 06, 2024

India's consistent efforts to bolster its gold reserves reflect a strategy aimed at diversifying its foreign exchange reserves and mitigating risks associated with currency...

RBI Governor Shaktikanta Das rated “A+” in Global Finance Central Banker Report Cards 2023

Sep 01, 2023

Reserve Bank of India (RBI) Governor Shaktikanta Das has been rated “A+” in the Global Finance Central Banker Report Cards 2023,  Central bank said...

UK central bank considering a central bank digital currency

Oct 30, 2022

The central bank of the United Kingdom said people were using cash less and financial technology (fintech) firms have started to offer new forms...

US central bank warns China's property problem could hurt global economy

Nov 10, 2021

Washington [US], November 10 : The United States central bank has warned that China's ongoing property woes could elevate financial stresses in China, which...

Samsung Electronics also participates in 'Digital Money' simulation test of the Bank of Korea

Aug 05, 2021

Seoul [South Korea], August 5 (ANI/Global Economic): Samsung Electronics will also participate in the 'central bank digital currency (CBDC)' simulation test research project conducted...

Amid global economic crisis, RBI hikes its gold reserve to 855 metric tonnes

Oct 30, 2024

Amid the ongoing global crisis India's total gold reserves held by the Reserve Bank of India (RBI) stand at 854.73 metric tonnes, according to...