Source link During his two-day visit to the country, Modi will also unveil Abu Dhabi’s first Hindu temple, built at a cost of $84 million India and the United Arab Emirates (UAE) have signed several agreements covering digital payment infrastructure, logistics and other areas. Prime Minister Narendra Modi is visiting the country in a bid […]
Source link Financial institutions are wary of Washington’s penalties for dealing with Moscow, according to MSP Bank Some Chinese banks are rejecting transactions from Russian banks on fears of being targeted by US secondary sanctions, the deputy CEO of Russia’s MSP Bank, Aleksey Potapov, revealed on Thursday, citing customers. He mentioned that some of his […]
Source link New Delhi shipped engineering goods worth over $1 billion to Moscow last year, according to an Indian trade council India’s exports of engineering goods to Russia more than doubled to over $1 billion in the first nine months of last year thanks in part to payments settled in rupees, the news outlet Mint […]
Source link Dublin may cut welfare benefits to Ukrainian refugees by more than 80 percent and introduce limits on their stay in Irish government-provided housing, the country’s minister of social protection has told the parliament. The proposed change would be retroactive and would affect any Ukrainians currently living in state accommodation, in addition to new […]
Source link The Chinese currency has topped the Japanese yen in international transactions, according to data The Chinese yuan has risen to become the fourth most active currency for global payments by value in November 2023, the latest transaction data compiled by global financial messaging service SWIFT has shown. According to the report issued this […]
Source link The proposed reductions will not apply to the 100,000 Ukrainian refugees already in Ireland The Irish government is set to drastically reduce welfare payments to future Ukrainian refugees, in a move designed to signal that the EU country has reached its limit of the numbers of asylum seekers it can accept from Kiev, […]
Source link Moscow’s ambassador to New Delhi says the settlement mechanism between the two countries requires some fine-tuning “Extra efforts” are required by Indian banks and companies dealing with Russia to fully utilize the potential of the rupee-ruble payment settlement mechanism, Moscow’s envoy to New Delhi, Denis Alipov, said at an event on Monday. Speaking […]