The China-backed Asian Infrastructure Investment Bank will remain an “apolitical institution” and will continue to back projects in India despite recent tensions in the disputed Himalayan border region, according to newly re-elected president Jin Liqun.Frictions between the two nations have cooled somewhat since the deadly clash last month, with both sides h […]
The second-most populous nation has its work cut out to deal with a surge in domestic infections and global turmoil.
WhatsApp’s much-awaited payments launch in India has hit many regulatory roadblocks in the past. However, the company has moved a step closer to launch, as the National Payment Corporation of India (NPCI) has certified that WhatsApp is now in compliance with data-localization norms. As per a report by Times of India, in a court filing last month, NPCI told I […]
Meetings of the five foreign ministers and NSA are important to shape the agenda of any BRICS Summit. This year’s meet has acquired extra significance as two of five members of the BRICS – India and China – were involved in a bitter standoff.
It further said India fares the worst in its Asia recovery scorecard, implying that the country will likely take the longest among major economies to converge to its pre-coronavirus growth level.
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The Government of India (GoI) has announced the Sale (Issue/Re-issue) of (i) ‘5.09 per cent Government Stock, 2022’ for a notified amount of Rs 3,000 crore (nominal) through price based auction, (ii) ‘New 10 Year Government Stock, 2030’ for a notified amount of Rs 18,000 crore (nominal) through yield based auction, (iii) ‘GoI Floatin […]
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The Reserve Bank of India (RBI) has signed a Currency Swap Agreement with the Central Bank of Sri Lanka under the SAARC Currency Swap Framework 2019-22. Under the agreement, Central Bank of Sri Lanka can make drawals of US Dollar, Euro or Indian Rupee in multiple tranches up to a maximum of US$ 400 million or its equivalent. The agreement would be valid till […]
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Even when a vaccine does come, there’s going to be a wait before it’s available globally, former Indian central banker Raghuram Rajan told an online conference last week organized by DBS Group Holdings Ltd.
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PM Modi LIVE: Prime Minister Narendra Modi begins addressing India Ideas Summit. Natarajan Chandrasekaran, Chairman of Tata Sons, wins the USIBC Global Corporate Leadership award.
The post-pandemic world, the economist cautioned, has to face the need to not return to the pre-pandemic ‘normal’.
IBM CEO Arvind Krishna revealed that he has a huge investment plan for India, however, he did not disclose the details.
Minister Pradhan said that during the meeting, he expressed his keenness to work closely with the US government to realise the “full potential of our Strategic Energy Partnership”.
As per the MoU signed at the US-India Strategic Energy Partnership meet, the two countries would also work towards exchange of information and best practices.
Heavy rains in the northeastern region have caused flooding and landslides, killing at least 80 people. Workers are also rushing to save species including the greater one-horned rhino.
Rising coronavirus infections in large economies such as the U.S., Brazil and India have underlined the fragility of the economic rebound and increased the risk of a “W-shaped” recovery, according to economists at research firm IHS Markit.
Foreaders 