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According to official reports, the yuan has overtaken the dollar to become the most-used currency in China's cross-border transactions, with it being used in 48.4% of all such transactions.
The head of Sonali Bank Limited, Md. Afzal Karim, stated that "Bilateral trade with India in taka and INR will reduce pressure on the US dollar." As Bangladesh dumps US currency and becomes the 19th country to trade with India with rupees, both nations stand to gain from this.
TerraPay, a London-based mobile payments provider, has revealed that India was the top recipient of money from overseas in 2022 with $100 billion.
Due to the economic separation between Russia and the West resulting from the invasion of Ukraine, Russia is developing special institutions to mine and transfer crypto across borders.
Ravindra Kaushik, RAW’s Black Tiger, ended up selling tea outside Gurdaspur after his eighteen-year prison sentence. The spy fought a long and unsuccessful battle for compensation before his death in 2016.
A source familiar with a previously unreported U.S. intelligence review of the encounter in the Arunachal Pradesh region said that US intelligence helped India beat back China.
According to an Australian Today report citing Times Higher Education After Canada, some Australian universities have started rejecting visa applications of Indian students from the states of Punjab and Haryana.
Real estate prices in European Union countries have risen, causing an increase in investment thresholds and the termination of Golden Visas offered to wealthy individuals. As a result, Indian investors are turning to the United Arab Emirates (UAE) for such residency opportunities, where high net-worth individuals (HNIs) can obtain a 10-year residency visa by investing 2 million dirhams ( ₹21.5 crore) in a real estate asset.
The Reserve Bank of India (RBI) has given the go-ahead for India and Tanzania to use their national currencies for bilateral trade settlement. The use of national currencies in bilateral trade settlements is expected to reduce the cost of transactions and enhance the efficiency of cross-border trade. This, in turn, will lead to increased trade volumes and greater economic cooperation between India and Tanzania.
A former French Embassy in India employee who allegedly issued visas to hundreds of people by using fake documents and without authorisation has escaped the country.
