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India's digital rupee has witnessed substantial growth since its pilot launch in late 2022. By March 2025, the retail value soared to Rs 1,016.5 crore, a 180-fold increase from March 2023, driven by high-value denominations like Rs 500 notes. This surge indicates growing acceptance for larger retail and merchant transactions, supporting India's goals of modernizing payments and reducing cash reliance.
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The NSE's long-awaited IPO faces continued delays due to unresolved regulatory concerns raised by Sebi, including the co-location case and technology infrastructure issues. Despite NSE's efforts to address these concerns and seek resolution through settlements, the IPO's future remains uncertain, pending Sebi's approval and the outcome of ongoing investigations. NSE is actively traded in the unlisted market.
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Oil prices saw a significant increase. This happened after OPEC plus countries decided to increase oil production. The increase was less than expected. Geopolitical tensions involving Ukraine and Iran also contributed. OPEC plus agreed to a daily supply increase for July. However, some members like Russia had reservations. Banks are divided on future production hikes. Brent crude prices also increased.
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