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.
Kaynes shares plunge 43% from October peak. Is a tactical rebound on the cards or more pain ahead?
Kaynes has plunged 43.5% from its October peak, with Friday’s 12.5% drop marking the steepest single-day decline. Momentum indicators remain bearish, signaling a risk of