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Bilateral Swap Arrangement

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'Extremely difficult' phase after what China did on border: Jaishankar

External Affairs Minister S Jaishankar said on Thursday that the relationship between India and China is going through an "extremely difficult phase" after what Beijing has done at the border and......

Have zero tolerance for corruption, black money: PM @ G20

Prime Minister Narendra Modi on Monday asked G20 leaders to act to eliminate safe havens for economic offenders, unconditionally extradite money launderers and end excessive banking secrecy,......

Crisis-hit Sri Lanka announces default on foreign debt

Faced with critically low forex reserves, Sri Lanka on Tuesday announced that the crisis-stricken country will default on its external debt pending a bailout package from the International Monetary......

From LPG to space: PM unveils slew of projects in Bhutan

Prime Minister Narendra Modi is in Bhutan on a two-day state visit. Increasing clean fuel supply, launch of Rupay card, foreign currency swap arrangement and enhancing cooperation in science and......

US vision of Lanka very different from 'predator' China: Pompeo

America's vision on Sri Lanka is "very different" from that of "predator" China, United States Secretary of State Mike Pompeo said in Colombo on Tuesday as he met the leadership in Colombo and......

RBI signs currency Swap Arrangement with Japan

The Reserve Bank today signed a Bilateral Swap Arrangement with the Bank of Japan for swapping of the local currencies to address short-term liquidity problems."The arrangement aims at addressing......

India, Japan to treble bilateral currency swap arrangement

India and Japan on Friday decided to more than treble their currency swap arrangement from $15 billion to 50 billion in a move seen as sending an important signal for the rupee. The decision to......

ADB lowers India's growth projection for 2013-14 to 4.7%

Asian Development Bank (ADB) has lowered India's growth projection for 2013-14 to 4.7 per cent from 6 per cent earlier saying the recent rupee depreciation and capital outflows could adversely......

Beware! The Chinese (yuan) are coming

In my column titled The Asian future of reserves, Business Standard, I had drawn attention to the significant steps being taken by China to transform its currency, the renminbi, which is......

Are global summits losing relevance?

The G-20 agenda between Ankara and Antalya must unquestionably focus on collective and co-ordinated action to prevent contagion through both channels. European Economic and Financial Affairs......

Will IPL replace postponed T20 World Cup?

IMAGE: The IPL, which has also been postponed indefinitely due to the pandemic, will likely start in the last week of September and end in the second week of November. Photograph: BCCI The......

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