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Last updated on 2 Nov,2022 03:02 PM
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Refresh- RBI to launch Digital Rupee pilot for wholesale segment from November 1“The use case for this pilot (wholesale segment) is settlement of secondary market transactions in government securities. Use of e₹-W is expected to make the inter-bank market more efficient,” the Reserve Bank of India said in a statement today. The RBI will also within a month commence the first pilot for the retail segment in select locations in closed user groups comprising customers and merchants.
- Season 2 of House of the Dragon: Cast and release dateThe makers of HBO’s House of the Dragon have renewed the drama series for its second season.
- There’s historical shift towards India as China is moving towards a Maoist type of environment: Mark Mobius“There is a tremendous change taking place in China where the idea of an open society is not taking place to a degree that we expected. It will be moving more towards a Maoist type of environment. The outlook for business is not going to be as good as it was in the past when market voices were given a free rein..”
- Diesel shortage across the US? Reports say only 25 days of supply leftThere could be some good news on the horizon for citizens of America who are burdened with a shortage of diesel and high fuel prices. A preliminary poll conducted by Reuters stated that there would be a cap to price gains and crude oil stocks in the United States are expected to climb in the week ending October 28.
- MG Motor India’s books under scanner as probe on Chinese executives intensifiesMG Motor India, in a statement to ET said it was a law-abiding, professionally managed company that adhered to the highest standards of compliance and governance, and was committed to transparency. “We fully cooperate with the government authorities on all issues and are in process of providing the desired records and information to the Registrar of Companies within the stipulated time frame,” the company said.
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