Highlighting India's distinct progress, Shambaugh mentioned that India has effectively advanced bilateral links between its Unified Payments Interface system and those of other nations, such as Singapore and the United Arab Emirates.
The US Treasury said it will be keeping a “close watch” on the RBI's in view of the “notable increase in the scale and persistence” of dollar purchases.
Washington: US President Barack Obama on Wednesday declared that the United States will join the European Union in slapping new sanctions on Russia's energy sector, arms industry and financial institutions.The broader economic measures will hurt
New Delhi: Faced with a high current account deficit and declining forex reserves, Finance Minister P Chidambaram in his forthcoming US visit will meet FIIs in San Fransisco to woo investments. The Minister will be in
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