The Reserve Bank of India is reviewing a proposal to introduce polymer, or plastic, currency notes in the country. However, no final decision has been taken yet.
RBI Governor Sanjay Malhotra said the idea is still at a preliminary stage and the central bank is currently studying whether such notes would be suitable for India.
According to him, the proposal is under consideration, and the public will be informed whenever a decision is made.
RBI Studying B
The Reserve Bank of India is reviewing a proposal to introduce polymer, or plastic, currency notes in the country. However, no final decision has been taken yet.
RBI Governor Sanjay Malhotra said the idea is still at a preliminary stage and the central bank is currently studying whether such notes would be suitable for India.
According to him, the proposal is under consideration, and the public will be informed whenever a decision is made.
RBI Studying B
The ISS Zvezda module air leak is drawing renewed attention to the challenge of maintaining aging spacecraft hardware in low-Earth orbit.
NASA and Roscosmos continue to manage the long-running issue inside the International Space Station’s Zvezda service module, where small cracks have been linked to the PrK tunnel.
ISS Zvezda Module Air Leak Remains Under Monitoring
The Zvezda module, launched in July 2000, provides living s
The ISS Zvezda module air leak is drawing renewed attention to the challenge of maintaining aging spacecraft hardware in low-Earth orbit.
NASA and Roscosmos continue to manage the long-running issue inside the International Space Station’s Zvezda service module, where small cracks have been linked to the PrK tunnel.
ISS Zvezda Module Air Leak Remains Under Monitoring
The Zvezda module, launched in July 2000, provides living s
Proposal Raises Currency Debate
President Donald Trump could appear on a proposed new $250 bill if Congress approves legislation that would change current restrictions on US currency. The proposal has drawn attention because federal law currently bars living people from appearing on American paper money. If approved, the measure would allow Trump to be featured on a commemorative bill connected to the 250th
Proposal Raises Currency Debate
President Donald Trump could appear on a proposed new $250 bill if Congress approves legislation that would change current restrictions on US currency. The proposal has drawn attention because federal law currently bars living people from appearing on American paper money. If approved, the measure would allow Trump to be featured on a commemorative bill connected to the 250th
India’s 1991 gold pledge remains one of the clearest examples of how a financial crisis reshaped the country’s economic direction. The episode matters again in 2026 as India holds larger foreign exchange and gold reserves, signaling preparation rather than panic.
India’s 1991 gold pledge and the Gulf shock
India’s balance-of-payments crisis deepened after Iraq invaded Kuwait on Thursday, August 2, 1990, triggering a Gulf crisis that added pressur
India’s 1991 gold pledge remains one of the clearest examples of how a financial crisis reshaped the country’s economic direction. The episode matters again in 2026 as India holds larger foreign exchange and gold reserves, signaling preparation rather than panic.
India’s 1991 gold pledge and the Gulf shock
India’s balance-of-payments crisis deepened after Iraq invaded Kuwait on Thursday, August 2, 1990, triggering a Gulf crisis that added pressur
The Indian rupee has reached a historic low of 96 against the US dollar, affecting household budgets, imported goods, and fuel prices. With each dollar costing more in rupees, daily expenses are rising for families across India.
Why the Rupee Is Weak Today
Several factors are driving the rupee’s decline:
Rising Oil Prices
Global tensions near key oil routes have pushed crude prices above $
The Indian rupee has reached a historic low of 96 against the US dollar, affecting household budgets, imported goods, and fuel prices. With each dollar costing more in rupees, daily expenses are rising for families across India.
Why the Rupee Is Weak Today
Several factors are driving the rupee’s decline:
Rising Oil Prices
Global tensions near key oil routes have pushed crude prices above $
Royal Challengers Bengaluru secured a dramatic two-wicket victory over Mumbai Indians on the final ball of their IPL clash in Raipur on Sunday,May 10th, with Krunal Pandya delivering a decisive all-round performance under pressure. Despite an outstanding four-wicket spell from Corbin Bosch, Mumbai Indians failed to defend their total as RCB completed another memorable last-ball chase against their long-time rivals.
The result officially ended the playoff hopes of both Mumbai Indians
Royal Challengers Bengaluru secured a dramatic two-wicket victory over Mumbai Indians on the final ball of their IPL clash in Raipur on Sunday,May 10th, with Krunal Pandya delivering a decisive all-round performance under pressure. Despite an outstanding four-wicket spell from Corbin Bosch, Mumbai Indians failed to defend their total as RCB completed another memorable last-ball chase against their long-time rivals.
The result officially ended the playoff hopes of both Mumbai Indians
Regulatory action culminates in license cancellation
What happened to Paytm Payments Bank? RBI cancels its license after violations forms the central development in India’s financial sector, as the Reserve Bank of India revoked the banking license of Paytm Payments Bank Ltd wi
Regulatory action culminates in license cancellation
What happened to Paytm Payments Bank? RBI cancels its license after violations forms the central development in India’s financial sector, as the Reserve Bank of India revoked the banking license of Paytm Payments Bank Ltd wi
The Reserve Bank of India has kept the policy repo rate unchanged at 5.25% in its first monetary policy announcement for the financial year 2026–27. The decision was announced by RBI Governor Sanjay Malhotra following a detaile
The Reserve Bank of India has kept the policy repo rate unchanged at 5.25% in its first monetary policy announcement for the financial year 2026–27. The decision was announced by RBI Governor Sanjay Malhotra following a detaile
On April 8, 2026, India’s stock markets experienced a remarkable surge, with the BSE Sensex climbing over 2,700 points, marking a 3.66% increase, and the Nifty rising by more than 3.4%. Investor wealth swelled by over Rs 14 lakh crore during the early trade, signaling a sharp recovery after a period of volatility. This rally was fueled by multiple factors, including easing global geopolitical tensions, softer crude prices, and an increase in investor confidence.
The biggest trigge
On April 8, 2026, India’s stock markets experienced a remarkable surge, with the BSE Sensex climbing over 2,700 points, marking a 3.66% increase, and the Nifty rising by more than 3.4%. Investor wealth swelled by over Rs 14 lakh crore during the early trade, signaling a sharp recovery after a period of volatility. This rally was fueled by multiple factors, including easing global geopolitical tensions, softer crude prices, and an increase in investor confidence.
The biggest trigge
The Reserve Bank of India (RBI) is expected to introduce incentives for Non-Resident Indian (NRI) deposits in its upcoming April monetary policy review to help stabilize the Indian Rupee. Experts suggest that the RBI may revive the foreign currency non-resident (FCNR B) deposit scheme to attract foreign deposits and address the rupee's volatility. Currently, the UAE accounts for over 40% of FCNR (B) deposits, showing a heavy reliance on the Gulf region.
NRI deposit inflows have seen
The Reserve Bank of India (RBI) is expected to introduce incentives for Non-Resident Indian (NRI) deposits in its upcoming April monetary policy review to help stabilize the Indian Rupee. Experts suggest that the RBI may revive the foreign currency non-resident (FCNR B) deposit scheme to attract foreign deposits and address the rupee's volatility. Currently, the UAE accounts for over 40% of FCNR (B) deposits, showing a heavy reliance on the Gulf region.
NRI deposit inflows have seen
The Indian rupee slipped past the 95 mark against the US dollar on March 30, 2026, hitting an all-time low of 95.20 per dollar, a decline of 0.3% for the day. This drop occurred despite the Reserve Bank of India's (RBI) recent intervention aimed at curbing currency volatility. The currency has been under pressure from a mix of global factors, sustained foreign outflows, and rising oil prices.
The RBI had introduced measures to support the rupee by tightening limits on banks' foreign exchange positions. As of late Friday, the central bank directed banks to cap their net open rupee positions in the foreign exchange market at $100 million by the end of each business day, with compliance required by April 10. While this move offered temporary relief, the impact was limited as analysts pointed out that underlying factors, such as persistent foreign outflows and high crude oil prices, continued to weigh on the rupee.
Foreign portfolio outflows have been one of the major contributors to the rupee's weakness. These outflows, coupled with high global oil prices, have put pressure on India’s current account deficit, thus exerting more pressure on the currency. The rising oil prices are linked to geopolitical tensions, such as the ongoing conflict in Iran, which has exacerbated market volatility. Additionally, the wider spread between the onshore and non-deliverable forward (NDF) markets, due to increasing volatility, has contributed to the rupee’s decline.
Despite the RBI’s directive, the rupee continued its downward spiral, reflecting broader economic challenges. The currency has fallen over 4% in March alone, marking its worst monthly performance in over seven years. The Nifty 50 index also reflected the market's overall weakness, dropping by about 2% on Monday, with a looming risk of its worst monthly decline since March 2020.
In this uncertain climate, analysts predict that unless there is a significant drop in oil prices or a reversal in foreign fund flows, the pressure on the rupee is likely to persist. The continued outflows from emerging markets and heightened global uncertainty have created a negative sentiment surrounding India’s economic outlook, which, in turn, has kept the rupee under significant pressure.
The Indian rupee slipped past the 95 mark against the US dollar on March 30, 2026, hitting an all-time low of 95.20 per dollar, a decline of 0.3% for the day. This drop occurred despite the Reserve Bank of India's (RBI) recent intervention aimed at curbing currency volatility. The currency has been under pressure from a mix of global factors, sustained foreign outflows, and rising oil prices.
The RBI had introduced measures to support the rupee by tightening limits on banks' foreign exchange positions. As of late Friday, the central bank directed banks to cap their net open rupee positions in the foreign exchange market at $100 million by the end of each business day, with compliance required by April 10. While this move offered temporary relief, the impact was limited as analysts pointed out that underlying factors, such as persistent foreign outflows and high crude oil prices, continued to weigh on the rupee.
Foreign portfolio outflows have been one of the major contributors to the rupee's weakness. These outflows, coupled with high global oil prices, have put pressure on India’s current account deficit, thus exerting more pressure on the currency. The rising oil prices are linked to geopolitical tensions, such as the ongoing conflict in Iran, which has exacerbated market volatility. Additionally, the wider spread between the onshore and non-deliverable forward (NDF) markets, due to increasing volatility, has contributed to the rupee’s decline.
Despite the RBI’s directive, the rupee continued its downward spiral, reflecting broader economic challenges. The currency has fallen over 4% in March alone, marking its worst monthly performance in over seven years. The Nifty 50 index also reflected the market's overall weakness, dropping by about 2% on Monday, with a looming risk of its worst monthly decline since March 2020.
In this uncertain climate, analysts predict that unless there is a significant drop in oil prices or a reversal in foreign fund flows, the pressure on the rupee is likely to persist. The continued outflows from emerging markets and heightened global uncertainty have created a negative sentiment surrounding India’s economic outlook, which, in turn, has kept the rupee under significant pressure.
The Indian rupee has slipped to a new record low, falling to 94.1575 per US dollar, surpassing its previous all-time low of 93.98 set earlier this week. The continued decline is being attributed to growing concerns over the ongoing conflict in the Middle East, which has placed significant pressure on global markets, including the Indian currency.
Since the war broke out late last month, the rupee has weakened by about 3.5%, reflecting the heightened uncertainty in international mark
The Indian rupee has slipped to a new record low, falling to 94.1575 per US dollar, surpassing its previous all-time low of 93.98 set earlier this week. The continued decline is being attributed to growing concerns over the ongoing conflict in the Middle East, which has placed significant pressure on global markets, including the Indian currency.
Since the war broke out late last month, the rupee has weakened by about 3.5%, reflecting the heightened uncertainty in international mark
The central government has retained the 4% retail inflation target for the next five years, from April 1, 2026, to March 31, 2031, with a tolerance band of 2–6%. This decision, made in consultation with the Reserve Bank of India (RBI), continues the inflation-targeting framework that was first introduced in 2016. The move aims to maintain price stability while allowing some flexibility in the target, accommodating short-term volatility.
The government’s inflation target, outline
The central government has retained the 4% retail inflation target for the next five years, from April 1, 2026, to March 31, 2031, with a tolerance band of 2–6%. This decision, made in consultation with the Reserve Bank of India (RBI), continues the inflation-targeting framework that was first introduced in 2016. The move aims to maintain price stability while allowing some flexibility in the target, accommodating short-term volatility.
The government’s inflation target, outline
As Illinois prepares for its 2026 primary election, early voting is already underway in several parts of the state, setting the stage for a contest that could reshape the political landscape despite the absence of a presidential race. The March 17 primary arrives at a pivotal moment, marked by the retirement of long-serving U.S. Sen. Dick Durbin and a series of high-profile matchups across statewide and congressional offices.
In suburban Cook County, early voting begins Monday, with
As Illinois prepares for its 2026 primary election, early voting is already underway in several parts of the state, setting the stage for a contest that could reshape the political landscape despite the absence of a presidential race. The March 17 primary arrives at a pivotal moment, marked by the retirement of long-serving U.S. Sen. Dick Durbin and a series of high-profile matchups across statewide and congressional offices.
In suburban Cook County, early voting begins Monday, with
LARGO, Md. — Facing mounting public pressure over sharply rising utility costs, Maryland lawmakers and local officials are advancing a series of measures aimed at delivering immediate financial relief while pursuing long-term changes to the state’s energy infrastructure. The coordinated push reflects growing concern among residents who say recent power bills have become increasingly difficult to manage.
In Annapolis, the administration of Gov. Wes Moore introduced Senate Bill 38
LARGO, Md. — Facing mounting public pressure over sharply rising utility costs, Maryland lawmakers and local officials are advancing a series of measures aimed at delivering immediate financial relief while pursuing long-term changes to the state’s energy infrastructure. The coordinated push reflects growing concern among residents who say recent power bills have become increasingly difficult to manage.
In Annapolis, the administration of Gov. Wes Moore introduced Senate Bill 38
India’s financial sector has been grappling with the persistent issue of mis-selling, especially in the realm of banking and insurance products. In a recent statement, Finance Minister Nirmala Sitharaman addressed the ongoing concern, declaring that banks cannot treat mis-selling as a routine part of their business. She went as far as to say that mis-selling is an "offence," sending a clear message to financial institutions that such practices will not be tolerated. Her remarks came at a pr
India’s financial sector has been grappling with the persistent issue of mis-selling, especially in the realm of banking and insurance products. In a recent statement, Finance Minister Nirmala Sitharaman addressed the ongoing concern, declaring that banks cannot treat mis-selling as a routine part of their business. She went as far as to say that mis-selling is an "offence," sending a clear message to financial institutions that such practices will not be tolerated. Her remarks came at a pr
The Reserve Bank of India (RBI) will announce its latest monetary policy decision today, February 6, 2026, with markets largely expecting the central bank to keep the repo rate unchanged. This announcement follows a series of rate cuts, with the last one made in December 2025, reducing the repo rate from 5.50% to 5.25%. Experts predict that the RBI will maintain a pause in rate cuts as it assesses the impacts of the previous changes on inflation and growth.
RBI Governor Sanjay Malho
The Reserve Bank of India (RBI) will announce its latest monetary policy decision today, February 6, 2026, with markets largely expecting the central bank to keep the repo rate unchanged. This announcement follows a series of rate cuts, with the last one made in December 2025, reducing the repo rate from 5.50% to 5.25%. Experts predict that the RBI will maintain a pause in rate cuts as it assesses the impacts of the previous changes on inflation and growth.
RBI Governor Sanjay Malho
The Indian rupee weakened to a fresh all-time low of 91.99 against the US dollar on January 29, extending its recent slide amid persistent pressure from global and domestic factors. The currency has now fallen 2 percent so far this year and nearly 5 percent since the United States imposed higher tariffs on Indian merchandise exports. The sharp decline reflects continued weakness in foreign capital inflows and a surge in corporate demand for dollar hedging, which have outweighed the positive i
The Indian rupee weakened to a fresh all-time low of 91.99 against the US dollar on January 29, extending its recent slide amid persistent pressure from global and domestic factors. The currency has now fallen 2 percent so far this year and nearly 5 percent since the United States imposed higher tariffs on Indian merchandise exports. The sharp decline reflects continued weakness in foreign capital inflows and a surge in corporate demand for dollar hedging, which have outweighed the positive i
As people across the globe prepare to welcome the New Year with countdowns, fireworks, and celebrations across different time zones, a small group of astronauts orbiting far above Earth will experience the arrival of the new year in a way unlike anyone on the planet. Aboard the International Space Station, astronauts currently in orbit will celebrate the New Year an astonishing 16 times, highlighting the extraordinary reality of life in space and the unique way time is experienced beyond Earth.
As people across the globe prepare to welcome the New Year with countdowns, fireworks, and celebrations across different time zones, a small group of astronauts orbiting far above Earth will experience the arrival of the new year in a way unlike anyone on the planet. Aboard the International Space Station, astronauts currently in orbit will celebrate the New Year an astonishing 16 times, highlighting the extraordinary reality of life in space and the unique way time is experienced beyond Earth.
The Reserve Bank of India has reduced the repo rate by 25 basis points, bringing it down from 5.5% to 5.25%. This marks a total reduction of 125 basis points in 2025, sparking fresh hope among homebuyers for affordable loan EMIs as banks prepare to revise lending rates. The Monetary Policy Committee (MPC), which met on December 3, 4 and 5, voted unanimously after assessing inflation control, liquidity status and growth expectations.
Governor Sanjay Malhotra confirmed the move, addin
The Reserve Bank of India has reduced the repo rate by 25 basis points, bringing it down from 5.5% to 5.25%. This marks a total reduction of 125 basis points in 2025, sparking fresh hope among homebuyers for affordable loan EMIs as banks prepare to revise lending rates. The Monetary Policy Committee (MPC), which met on December 3, 4 and 5, voted unanimously after assessing inflation control, liquidity status and growth expectations.
Governor Sanjay Malhotra confirmed the move, addin
