California rally against caste legislation
The legislation was initially submitted in the California Senate on March 22 by state senator Aisha Wahab, the first Muslim
No cap for foreign investors in Indian Sovereign Green Bonds
“The government sovereign green bonds issued in the fiscal year 2022-2023 that were eligible for investment under the FAR will
NRI deposits shoot to $5 bn between April 2022 and January 2023
Non-resident Indian (NRI) bank accounts received USD 5.95 billion from April 2022 to January 2023, more than doubling the USD
Indian Rupee has strong fundamentals to emerge as an international currency
India and Russia completed their first trade settlement in Rupee in December 2022 under an agreement called International Settlement of
Pine Labs, Thomas Cook India partner to enable UPI payments for foreign nationals from G20 nations
The prepaid payment product is issued by Pine Labs under the PPI authorisation obtained from RBI. This facility can be
EbixCash to enable UPI for foreign nationals
“As a part of that initiative, EbixCash has become the first entity to enable UPI services for foreign delegates attending
India opens UPI Payments for foreign tourists from G20 countries
The system will enable users to link their bank accounts to related apps such as Paytm, PhonePe and Google Pay
India’s forex reserves now at $6.56 bn
According to the data released by Reserve Bank of India (RBI), the foreign exchange reserves rose to USD 531.08 billion
NRI deposits go down to $1.43 billion in April-August
Money into non-resident Indian (NRI) deposits went down to $1.43 billion in April-August 2022. It was $2.44 billion in April-August
RBI could replenish forex reserves with help from NRIs
“The central bank should intervene to ensure that a falling currency does not eclipse India’s fundamentals.” — Abheek Barua, HDFC