EBITDA stood at Rs 637 crore in June 2026 quarter, registering the growth of 29% as compared with Rs 496 crore in Q1 FY25.

Indians were given until Dec. 30 to trade their old rupees for the new cash, or deposit them in into a bank account. Then, on Nov. 24, the government banned cash exchanges except at a few Reserve ...

India’s love affair with cash also remains strong. ATM withdrawals dropped in 2016–17, but picked up pace when currency was freely available again. A July 2018 PwC report (pdf) on ATMs in India shows ...

The Indian rupee strengthened against the U.S. dollar in the final minutes of trade on Thursday as the dollar weakened, and traders cited likely dollar sales by the Reserve Bank of India.

The move to retire 2,000-rupee notes, worth $24, has triggered bad memories of a similar campaign in 2016. It has also left some businesses short of change.

The Indian rupee saw a modest gain early on Monday while government bonds fell on Monday after the central bank last week announced additional steps to drain cash in a bid to prop up a currency ...

Cash transfers are not limited to women. Farmers are another favoured group. Telangana, a southern state, began doling out stipends to farmers in 2018, worth 4,000 rupees an acre per season.