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What is Tokenization and why you should use it

In a world where online fraud and cyberattacks constantly create hurdles in the adoption of digital payments, therefore to prevent online and digital data breaches tokenization is introduced by RBI. However due...

Why is Kuwait’s Currency Dinar Value the Highest in the World?

Kuwait is a small country located between Iraq and Saudi Arabia on the Persian Gulf. Its economy is primarily dependent on oil which makes it one of the wealthiest nations in the...

How has the US Dollar Become the Most Traded Currency in the World?

The USD (United States Dollar) tops the list of most traded currencies. It is issued by the Federal Reserve (Fed). It is the official currency of the United States. It accounts for...

Top 5 Most Traded Currencies in the World

Forex is an abbreviation for Foreign Exchange. It is the transaction of exchanging one currency for another. It can be performed for a variety of reasons, including commercial, tourism, and to enable...

Indermit Gill to be the next Chief Economist of World Bank from India

Indermit Gill will be the second Indian national to become the chief economist of the World Bank, after Kaushik Basu. Gill is currently the World Bank's vice president for equitable growth, finance, and...

Reserve Bank of Zimbabwe introduces Gold coins to tackle inflation

In a bid to tackle chronic hyperinflation, Zimbabwe has launched new gold coins which will have "liquid asset status". This means they can be converted to cash, traded locally and internationally, and...

Central Bank of India Q1 Result: Net profit of Rs 235 crore

Today on 25th July 2022, Central Bank of India declared their first quarter result for the financial year 2022-23. Major highlights of Central Bank of India Q1 result press release: Bank earned Net...

Things You Must Know About Asian Development Bank Downgrades Asia GDP Forecast

The Asian Development Bank has downgraded its forecast for gross domestic product growth in developing Asia this year. The sole reason for this is China's Covid Zero approach. The measure of containing...

What Are Floter Fund?

A floater fund is a fund which invests in financial instruments with a debt orientation, they provide you with a variable or ‘floating interest rate’ and thus, the name. Investors prefer debt...

What does the Rupee falling mean for the common man in India?

The rupee falling in India can seriously impact the economy and the common person. It is a calling for several financial disturbances for the country as well as the common person. The following...