“Now, just like that, the Rupee-Dirham mechanism which we have just signed, is the first one for both of us. In that sense, it's extremely significant. I actually see it as a paradigm shift in how we can make trade settlements”, he added.
The Jammu and Kashmir State Investigation Agency (SIA) on Tuesday conducted raids at 10 places in three districts of South Kashmir related to the killing of a Bank ATM guard in February in Pulwama village, the agency said.
“While this progress is important and welcome, the debt restructuring process still needs to be speedier and more effective. The costs of delays in reaching an agreement on needed debt treatments are borne acutely by borrower countries and their people, who are least able to bear th
Singapore/ London [UK], July 18: MODIFI, the global cross-border business payments company, has secured a USD 100 million debt facility with HSBC Innovation Banking UK to further growth.
The State Investigation Agency raids are underway at various locations in South Kashmir, at various locations of south Kashmir - Qaimoh Kulgam, Heff Shopian and Anantnag town, on Tuesday in connection with the murder of Sanjay Sharma, a bank ATM guard, as per the SIA.
US President Joe Biden during a phone call on Monday, invited Israeli Prime Minister Benjamin Netanyahu to meet him in Washington, Times of Israel reported.
Reserve Bank of India Governor Shaktikanta Das met World Bank President Ajay Banga during the G20 Summit in Gandhinagar, Gujarat and discussed various issues.
Finance Minister Nirmala Sitharaman, on Monday, met her Bangladeshi counterpart Mustafa Kamal on the sidelines of the G20 Finance Minister and Central Bank Governors meeting in Gujarat.
The appointment of David Cameron as the role of Vice President of a billion-pound China-Uk investment fund and Danny Alexander as Vice President of the Asian Infrastructure Investment Bank (AIIB) was in some part engineered by the Chinese state.
World Bank President Ajay Banga on Monday said that he is more optimistic today about India economically than he has been for a long time and lauded the government’s initiatives towards digitization of infrastructure
Global economic growth is below its long-run
“Since we last met in April, the global economic growth is below its long-run average and remains uneven further the uncertainty around the outlook remains high and downside risks to the outlook still persist,” Sitharaman said.
New Delhi [India], July 17: Unforeseen and at times some unprecedented events like the Covid 19 pandemic, can consume a major chunk of your entire life savings, if not almost all of it. What’s worse, as seen in recent times the situations of the pandemic-like magnitude can pos