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Currency Reserve Arrangement

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Trump's Tariffs: Why India Needs To Be Strategic

In trade negotiations, as in chess, sometimes you need to accept a temporary disadvantage to secure a better long-term position, points out Sonal Varma, chief economist (India and Asia ex-Japan) at......

A Small Line Of People Crossed Into India

When I asked Krishna Gopal Sengupta, who had travelled through Bangladesh from Chittagong to Petrapole if the interim government had made any impact at ground level, he said, "it's been only a......

RBI defends Rs 2000 note exchange exercise in court, says not demonetisation

The Reserve Bank of India (RBI) on Tuesday told the Delhi high court that withdrawal of Rs 2000 notes is not demonetisation but a statutory exercise, and the decision to enable their exchange was......

'Urgent need for united global action to combat terror,' Modi tells BRICS leaders

Condemning strongly the terrorist attack in Paris, India on Sunday made a case for united global effort to combat the menace of terrorism. "We stand united in strongly condemning the dreadful acts......

The Politics Of Majboori

Demonetisation and Agniveer reveal the two mindsets India has become.In both these government schemes, one sees a desire to play the country like an orchestra anchored by conductor/conductors,......

RBI in no hurry to launch digital currency nationwide

The Reserve Bank of India (RBI) is in no rush to launch the central bank digital currency (CBDC) nationwide, as its most promising use case — cross-border payments — depends on other countries......

India rejects IMF view that US tariffs will stay indefinitely, hit growth

IMF’s Article 4 consultation report on India The Indian government has expressed its disagreement with the IMF staff’s ‘baseline’ assumption that the 50 per cent US tariffs on its goods......

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......

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 won't withdraw from G20 currency pool

A day after BRICS (Brazil, Russia, India, China and South Africa) nations agreed on a $100-billion foreign currency reserve pool to tackle the volatile foreign exchange markets, India on Friday......

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