Here are the top stories this evening:
CBDCs could 'kill' case for private cryptocurrencies, says RBI Dy Governor
Central Bank Digital Currencies (CBDC) could 'kill' the reasons for the existence of private cryptocurrencies, Reserve Bank of India (RBI) Deputy Governor T Rabi Sankar has said. In his speech, Rabi Sankar reiterated the RBI's view that private currencies should not be permitted "just because they are backed by hi-tech".
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Tomatoes are the next big risk to Modi’s fight against inflation
Tomato prices are surging in India, putting politicians on notice as vegetables have an unusual history of toppling governments in the country. Tomatoes, potatoes and onions form
the holy trinity of Indian cooking, where they’re often mixed with spices to form the base for curries, such as chicken tikka masala.
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Exclusive | After wheat, govt pushing rice exports as bumper harvests swell supply
Even as it sorts out pending requests for wheat from more than a dozen countries in the aftermath of a wheat export ban, the government has begun to promote exports of Indian rice, people with knowledge of the development said. The government has deployed diplomats posted at Indian embassies abroad to push rice exports. Talks are underway with some countries for substituting wheat exports, banned in May, with rice.
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