Mumbai, Sep 11 (IANS) India’s foreign exchange reserves surged by $44.90 billion to a record $785.71 billion in the week ended September 4, according to data released by the Reserve Bank of India (RBI) on Friday.
Mumbai, Sep 11 (IANS) BRICS Finance Ministers and Central Bank Governors have raised concerns over higher tariffs and non-tariff barriers to global trade, while stepping up efforts to make cross-border payments within the bloc faster and cheaper, with greater use of local currencies for trade and investment.
New Delhi, Sep 11 (IANS) India can use the BRICS platform to expand its homegrown technologies and innovations into global markets, creating opportunities for both India and fellow member countries, industry experts said on Friday on the sidelines of the BRICS Summit.
Mumbai, Sep 11 (IANS) Reserve Bank of India (RBI) Deputy Governor Shirish Chandra Murmu on Friday said India’s digital finance ecosystem has progressed from expanding access and achieving scale to a new phase where trust, resilience, customer protection and accountability must take centre stage.
New Delhi, Sep 11 (IANS) India‑focused outflows moderated to about $100 million from larger redemptions in prior weeks, even as US‑dedicated funds recorded outflows for the third week at roughly $4 billion per week, a report said on Friday.
New Delhi, Sep 11 (IANS) Prime Minister Narendra Modi and Russian President Vladimir Putin on Friday met in New Delhi ahead of the 18th BRICS Summit, holding discussions on bilateral cooperation in key sectors and also on the ongoing conflicts in West Asia and the Black Sea region.
Mumbai, Sep 11 (IANS) Union Finance Minister Nirmala Sitharaman on Friday dismissed doubts over India’s demographic dividend and said the young minds of the country have simply bypassed their cynicism and gone ahead and built it.
Mumbai, Sep 11 (IANS) Indian benchmark indices ended lower on Friday but recovered from the day’s lows, supported by buying in IT, FMCG and banking stocks even as global equities remained under pressure.
Mumbai, Sep 10 (IANS) Reserve Bank of India (RBI) Governor Sanjay Malhotra has said fintech companies have emerged as important partners in India’s financial ecosystem and will play an increasingly significant role in expanding financial inclusion across the country.
New Delhi, Sep 11 (IANS) The government is encouraging private companies to acquire critical mineral assets overseas and bring raw materials to India as part of a broader strategy to strengthen supply security and reduce import dependence, Union Coal Minister G Kishan Reddy said on Friday.
