“While the current practice involves settling transactions through traditional banking channels, CBDC could enable direct settlement between parties,” said Mihir Gandhi, partner and leader of payment transformation, PwC India. “The advantages are substantial, but India will also need to address numerous challenges and proactively mitigate associated risks.”
Breakout above 26,085 key for Nifty upside: Rohit Srivastava
The Indian stock market is poised for a strong weekly close, with the Nifty nearing 26,000. Analysts anticipate a bullish trend continuing into December, driven