India approves rollover of Rs 3,000 crore currency swap facility with Maldives
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India approves rollover of Rs 3,000 crore currency swap facility with Maldives
New Delhi [India], October 16 (ANI): India announced on Friday its decision to execute the first rollover of the INR 3,000 crore currency swap arrangement with the Maldives, commencing October 23, following a formal request from the Maldivian administration.Addressing the media, Ministry of Externa»»»
RBI board gets three new part-time directors
The Appointments Committee of the Cabinet (ACC) has approved the appointment of Annie George Mathew, Syed Akbaruddin and Janmejaya Kumar Sinha as part-time non-official directors on the Reserve Bank of India’s central board for four years. Reserve Bank of India (RBI)New Delhi: The appointments comm»»»
India's edible oil self-sufficiency drive faces headwinds
India relies heavily on edible oil imports. More than half of the country’s edible oil consumption is met through imports. The ongoing conflict in the Middle East, along with deficient rainfall, has raised concerns in India’s edible oil market, according to a recent report published in OpenMarkets,»»»
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