RBI to launch digital rupee pilot project soon
India Today
The Reserve Bank of India will soon launch a pilot project on the digital rupee.
The Indian central bank will soon commence limited pilot launches of a central bank-backed digital rupee for specific use cases, it said in a concept paper released on Friday.
The Reserve Bank of India has been exploring the pros and cons of a central bank digital currency for some time and is currently engaged in working towards a phased implementation strategy, it said.
Use cases are being examined for an e-rupee in a way that there is minimal or no disruption to the financial system, the RBI added.
In February, the Indian government had said that a digital rupee will be launched during the course of the current financial year.
Since the Iran war began, the Sensex has fallen about 10.6%, while the Nifty has dropped nearly 11%. At the same time, gold and silver have also declined, leaving investors with limited places to hide.
Food delivery bills are inching up again. Swiggy has increased its platform fee soon after Zomato, meaning customers will now pay more each time they order online.
Perfectly timed oil and equity trades worth $580 million before US President Donald Trump claimed "productive talks" with Iran and paused strikes, later denied by Tehran, are raising insider trading concerns.
Between December 3 and 5, 2025, IndiGo cancelled 2,507 flights and delayed 1,852 others, affecting over three lakh passengers nationwide. The disruptions were linked to challenges in implementing revised Flight Duty Time Limitation (FDTL) norms for pilots.
Oil prices jumped in the morning with Brent nearing $113, but later fell to around $100.34, down 6.2%, later in the day.
A look at Sensex stocks shows that IT names such as HCLTech, Tech Mahindra, and TCS were trading in the green, even as heavyweights across banking, auto, metal and consumption sectors saw sharp declines.
As of 10:26 am on MCX, gold futures were trading at Rs 1,37,307, down Rs 7,185 or 4.97%. Silver futures were at Rs 2,13,600, down Rs 13,172 or 5.81%.
The stock has seen a steep decline recently. In just two sessions, the share price fell from around Rs 843 to Rs 781 on the NSE, marking a drop of over 7%. After closing at Rs 781 on Friday, the stock is now only Rs 11 above its 52-week low of Rs 770.
As the war enters its fourth week, airlines are struggling to cope with a sharp rise in jet fuel prices, which have surged significantly in a short span of time. The impact is already visible for passengers, with ticket prices expected to rise in the coming months as airlines try to protect already thin profit margins.
The world is already feeling the heat as the West Asia conflict enters its fourth week, pushing global crude oil prices higher. In this article, we speak to experts to understand whether this shock could tip the world toward a recession.
The additional allocation will be subject to commercial establishments registering with oil companies and applying for a piped natural gas connection, according to a letter written by the oil secretary to states.
Civil Aviation Minister Ram Mohan Naidu said that the impact of the ongoing Iran war on the aviation sector is likely to be visible from April 1, when the Air Turbine Fuel (ATF) prices will be revised.
A new government directive on free seat allocation has triggered sharp opposition from airlines, who warn it could push up fares, hurt affordability and reshape how tickets are priced across India's aviation sector.