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No hurry to launch CBDC nationwide: RBI DG

October 08, 2025

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Business Standard

The Reserve Bank of India (RBI) is in no rush to launch the central bank digital currency (CBDC) nationwide, as its most promising use case - cross-border payments - depends on other countries rolling out their own CBDCs simultaneously for the system to work effectively.

- SUBRATA PANDA

No hurry to launch CBDC nationwide: RBI DG

That said, the CBDC pilot is progressing well, with the user base in India expanding to about seven million, said RBI Deputy Governor T Rabi Sankar.

المزيد من القصص من Business Standard

Business Standard

Women are falling in love with AI chatbots. It’s a problem for Beijing

Phoebe Zhang has gone on more than 200 dates over the past year, and she has narrowed down her suitors to two. Often, she takes screenshots of their conversations to remember the moments they share.

time to read

3 mins

February 27, 2026

Business Standard

Six OEMs meeting targets makes BEE rethink CO2 norms

India’s top six carmakers have been able to meet their targets on carbon-dioxide emission under the norms of Corporate Average Fuel Efficiency-2 (CAFE-2) for 2023-24 (FY24) as well as FY25, leading to the Bureau of Energy Efficiency (BEE) considering tougher goals under the upcoming CAFE-3 regime, Business Standard has learnt.

time to read

2 mins

February 27, 2026

Business Standard

New smartphone PLI may be linked to value addition

Existing scheme with incentives only for output ends on March 31

time to read

2 mins

February 27, 2026

Business Standard

Business Standard

Social media platforms must take responsibility for content: Vaishnaw

Social media and internet intermediaries must take responsibility for the content hosted on their platforms to make them safer for children, women, and other online users, Union Electronics, Information Technology and Information and Broadcasting Minister Ashwini Vaishnaw said on Thursday.

time to read

2 mins

February 27, 2026

Business Standard

Time, space, experience

An excursion to the White Continent or a secret ski party, travel diaries now seek the exotic, writes Akshara Srivastava

time to read

4 mins

February 27, 2026

Business Standard

Threat to large IT firms 'overblown': Cognizant's AI chief

Fears that new artificial intelligence tools could replace large IT services firms are ‘overblown’ as clients still need help deploying and scaling the technology, Babak Hodijat, chief AI officer at Cognizant, told Reuters in an interview.

time to read

1 min

February 27, 2026

Business Standard

'US imports' impact on animal feed mkt speculative'

Cargill opened its largest dairy feed plant in Punjab’s Wazirabad

time to read

3 mins

February 27, 2026

Business Standard

Info Edge launches new growth-stage fund with %250 crore corpus

Info Edge on Thursday announced the launch of a ₹250 crore growth-stage fund as it looks to deepen its investment footprint in India’s startup ecosystem.

time to read

1 min

February 27, 2026

Business Standard

Lutnick meets Goyal, holds 'highly productive' trade talks

US Commerce Secretary Howard Lutnick on Thursday made a surprise visit to Delhi and held “highly productive” discussions with India’s Commerce and Industry Minister Piyush Goyal, days after the US Supreme Court overturned the sweeping tariffs imposed by President Donald Trump.

time to read

2 mins

February 27, 2026

Business Standard

RBI gives compliance breather for small-merchant UPI transactions

The Reserve Bank of India's (RBI's) latest clarification on Unified Payments Interface (UPI) transactions is set to bring relief to fintech players, such as PhonePe and Paytm, particularly those with deep merchant-acquiring networks in the unorganised retail segment.

time to read

2 mins

February 27, 2026

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