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Society For Worldwide Interbank Financial Telecommunications

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US, allies cut off Russian banks from SWIFT

Seeking to cripple Russia's economy for invading Ukraine, the United States and its key allies have decided to expel selected Russian banks from the SWIFT financial messaging system and impose......

US charges N Korean programmer with WannaCry, other cyberattacks

A computer programmer allegedly working for the North Korean government has been charged in the United States with a series of massive cyberattacks around the world, including the WannaCry......

Can Rupee Dethrone The Dollar?

Those who consider the rupee as a proxy for virility have started thumping their chests and dreaming of dethroning the dollar from its coveted position, observes Tamal Bandyopadhyay. Illustration:......

SBI ready to open rupee trade account with Russian banks

State Bank of India (SBI) is willing to work with Russian banks not facing sanctions and remain on the Society for Worldwide Interbank Financial Telecommunication (SWIFT) network to open a special......

Govt likely to wait until ceasefire to announce Russia payments deal

The Centre is unlikely to announce an agreement over payment mechanism with Russia until a ceasefire is declared in the Ukraine war, said people in the know. IMAGE: A local resident reacts while......

In case of war, can India be cut off from internet?

With Western corporations, including Microsoft, AWS and Oracle, shutting down their operations in Russia, the rest of the world has become acutely aware of its dependence on a clutch of technology......

Egypt deports key official of Nirav Modi's firm

Subhash Shankar Parab, a key accused in the Rs 7,000 crore diamantaire Nirav Modi bank fraud case, was “deported” from Cairo on Tuesday after a long diplomatic and legal process,......

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