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02.07.26 - 23:42
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Cryptocurrency difficult to regulate, RBI tells Parliamentary panel (Times of India)
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The Reserve Bank of India has firmly stated its opposition to legalizing cryptocurrencies, citing concerns about their potential to fund illicit activities like drug trafficking and terrorism. The central bank emphasized the challenges in regulating virtual digital assets, particularly for emerging economies like India. In contrast, the Institute of Chartered Accountants of India sees VDAs as strategic opportunities, advocating for a comprehensive law to boost cross-border payments and fintech innovation....
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01.07.26 - 08:30
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RBI′s net short forward position hits record $106.6 billion amid rupee pressure (Times of India)
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The Reserve Bank of India's intervention to shield the rupee from volatility, fueled by Middle East tensions, has widened its net short forward position to a record $106.6 billion. Despite a recent dip to a historic low, the rupee has shown recovery, buoyed by anticipated foreign capital inflows. These expected inflows are seen as a potential avenue for the RBI to reduce its forward position and bolster foreign exchange reserves....
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30.06.26 - 15:12
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Iran-US interim peace deal may support India′s growth: RBI (Times of India)
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India's economy shows resilience despite global turbulence, with an interim Iran-US peace deal potentially boosting supply chains and easing geopolitical pressures, according to the RBI's Financial Stability Report. While macroeconomic fundamentals are strong, the nation remains vulnerable to imported energy price shocks. The report highlights sustained economic activity but warns of inflation risks from supply disruptions and potential fiscal deficit pressures....
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