India, Singapore launch UPI-PayNow linkage

The linkage is set to ease financial transactions for the Indian diaspora. Singapore has now become the first country with which cross-border Person to Person

22nd Feb 2023

National

Australia to host Malabar naval exercise for the first time this August

“Malabar 2023 is scheduled to be held in August and Australia will host this edition,” official sources confirmed.  “The exercise is likely to be held in...

22nd Feb 2023

International

20 Russian banks, including Rosbank, Tinkoff Bank, Centro Credit Bank and Credit Bank of Moscow have opened Special Rupee Vostro Accounts (SRVA) with partner banks in India.

A Vostro account is an account that domestic banks hold for foreign banks in the former’s domestic currency, in this case, the rupee.

22nd Feb 2023

Economy