Russia and India move closer to integrating their payment infrastructures through a new cross-border project, aiming to facilitate trade within BRICS and reduce reliance on third-country currencies, ahead of the upcoming BRICS summit in New Delhi. Russia and India have…
India has launched a pilot for a tokenised settlement system in its $620 billion corporate bond market, integrating the digital rupee and blockchain technology to potentially reshape debt issuance, transfer, and settlement practices. India has begun testing a tokenised settlement…
A collaborative workshop in Keyi Panyor district promotes vital skills in money management and digital security, highlighting recent developments in cyber threats and banking practices. A workshop in Keyi Panyor district brought together finance and cyber safety in one setting,…
BRICS leaders have endorsed new initiatives to facilitate easier financing and trade for micro, small, and medium-sized enterprises, including a potential invoice discounting mechanism and digital trade documentation, aiming to integrate smaller firms more effectively into global markets. BRICS leaders…
Indian equities extended their weekly slide amid weak global signals, sustained foreign selling, and sector-specific pressure, prompting caution among traders and analysts about the market’s near-term recovery prospects. Indian equities extended their slide last week as weak global cues, continued…
The Pradhan Mantri Shram Yogi Maandhan scheme aims to provide a basic pension to India’s informal sector workers, but faces challenges in enrolment and funding pressures as it strives to secure support from the country’s lowest-paid workers. The Pradhan Mantri…
With income varying sharply month to month, self-employed families are adopting a conservative approach, focusing on baseline earnings, separating accounts, and maintaining buffers, to build financial resilience amid irregular paychecks. For self-employed families, money rarely follows a neat monthly rhythm.…
India’s Commerce and Industry Minister Piyush Goyal calls for deeper cooperation among BRICS nations to link payment systems, promote local currency trade, and enhance economic collaboration in technology and agriculture. Commerce and Industry Minister Piyush Goyal used the BRICS Business…
The International Monetary Fund has praised India’s resilient economy, noting a stronger-than-expected 7.8% growth in the second quarter, driven by robust services and exports despite soaring energy costs. The International Monetary Fund has said India is emerging as one of…
Indian stocks remain under pressure as traders react to increased short positions and global economic uncertainties, with key support levels at risk and further declines possible. Indian equities remain under pressure, with the Nifty 50 and Nifty Bank both ending…
