“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.
“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
"Tomorrow three central teams are reaching Chandigarh, they will be visiting Mandi, Kullu and Rohru areas of Shimla district," Revenue Minister Jagat Singh Negi said.
Telugu Desam Party (TDP) chief Chandrababu Naidu held a meeting with the party MPs at his residence in Hyderabad in the background of the parliamentary sessions to be held from the 20th of this month.
Four more bodies were recovered from a flooded underground road in central South Korea, bringing the toll of those dead or missing in recent downpours to 49, Yonhap news agency reported citing officials on Monday.
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.
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.
The Reserve Bank of India (RBI) has showcased its innovations -- ‘Frictionless Credit’ and ‘Central Bank Digital Currency’ -- at the innovation pavilion on the sidelines of the 3rd meeting of Finance Ministers and Central Bank Governors (FMCBG) under India’s G20 presidency here at the Mahatm