Category: ART

lipped from: https://www.thehindubusinessline.com/economy/rbi-framework-in-place-india-russia-to-speed-up-banking-arrangement-for-rupee-denominated-trade/article65631845.ece Discussion on a payment system to circumvent Western sanctions against Russian banks was initiated during Russian Foreign Minister’s visit in April, say sources

Clipped from: https://www.business-standard.com/article/finance/asian-countries-in-talks-for-settling-trade-in-domestic-currencies-122071201015_1.html Countries to accept trading partners’ currency; move aimed at reducing dollar dependence Commodities such as crude oil are denominated in the US dollar,

Clipped from: https://www.business-standard.com/article/opinion/trading-gains-122071201487_1.html Rupee settlement will increase flexibility The Reserve Bank of India (RBI) has done well to allow international trade settlement in Indian rupees. This will give

Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/rbi-meets-bank-executives-to-get-market-pulse/articleshow/92835435.cms Synopsis This comes amid a falling rupee, which has triggered a slew of regulatory actions aimed at bringing back overseas inflows and cutting

Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/from-russia-for-crude-with-rupees/articleshow/92836038.cms Synopsis Ensuring Russian oil supply is critical for the rupee-dollar exchange rate that determines the bill for Indian energy imports from traditional suppliers.

Clipped from: https://www.business-standard.com/article/economy-policy/neighbours-russia-can-help-convert-16-38-of-india-s-trade-into-rupees-122071200484_1.html The rupee’s use in trade settlement would help the RBI in conserving foreign exchange. India’s forex reserves have fallen by more than Rs

Clipped from: https://www.business-standard.com/article/economy-policy/rupee-settlement-to-help-india-trade-with-russia-iran-and-others-experts-122071200415_1.html On Monday, the Reserve Bank of India said it had put in place a mechanism for international trade settlements in Indian rupees (INR)

<div pseudo=”-webkit-input-placeholder” id=”placeholder” style=”color: rgb(96, 94, 92); display: block !important;”><br class=”Apple-interchange-newline”>Add a note…</div><div></div> Clipped from: https://economictimes.indiatimes.com/nri/migrate/wait-time-for-employer-sponsored-green-cards-rises/articleshow/92795999.cms Synopsis Employers can opt to pay $2,500 fee, compared to

lipped from: https://www.business-standard.com/article/opinion/a-first-half-worth-forgetting-122071200019_1.html Contrasting narratives are plausible and in play after a truly terrible six months for the markets The year so far has proved to

Clipped from: https://www.business-standard.com/article/markets/at-1-79-million-new-demat-accounts-opened-in-june-lowest-since-feb-2021-122071101465_1.html The total demat count now stands at 96.5 million, with 16 million new accounts getting added during the first half of 2022 –

Clipped from: https://www.business-standard.com/article/current-affairs/hotels-restaurants-workers-demand-pay-hike-after-service-charge-ban-122071101308_1.html Industry experts say that while restaurants will increase the food prices there is no certainty on it going to staff as it will

Clipped from: https://www.business-standard.com/article/opinion/saving-sri-lanka-122071200013_1.html India will have to take the lead The scenes beamed around the world from Sri Lanka, in which a vast sea of protestors

Clipped from: https://economictimes.indiatimes.com/news/india/vivo-asks-ed-to-unfreeze-accounts-says-action-jeopardising-existence/articleshow/92814251.cms Synopsis Yes Bank, Bank of Baroda, HSBC, ICICI Bank, Citibank, IDBI Bank, HDFC Bank, Standard Chartered Bank and DBS Bank operate Vivo India’s

Clipped from: https://indianexpress.com/article/business/economy/india-inflation-likely-held-steady-just-above-7-in-june-poll-8022756/ The July 4-8 Reuters poll of 42 economists showed inflation as measured by the consumer price index (CPI) was steady at an annual

Clipped from: https://www.business-standard.com/article/finance/rbi-allows-settlement-in-rupee-to-settle-trade-with-russia-sri-lanka-122071101185_1.html Exchange rate of two trading partners may be market determined, says central bank Photo: Bloomberg The Reserve Bank of India (RBI) has allowed trade settlement between India