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"Eye-Wash...": BJP Slams Tamil Nadu Budget, Its 4 MLAs And AIADMK Walk Out
The BJP's four Tamil Nadu MLAs walked out of the Assembly Friday, as the budget was being read out, to protest the currency symbol swap and allegations of corruption in TASMAC, the state-run liquor sales agency.
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Huge Currency Swap Agreement To Help Maldives On Foreign Exchange Reserves
Prime Minister Narendra Modi on Monday underlined New Delhi's position as a "close friend" of the Maldives and emphasised his government's readiness to respond to medical and economic emergencies as part of its 'neighbourhood first' foreign policy.
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RBI Extends Currency Swap Support For SAARC Nations Until 2027
The Reserve Bank of India (RBI) has extended its currency swap arrangement with SAARC countries until 2027, introducing a revised framework to address short-term foreign exchange liquidity needs and balance of payment crises.
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Some Bank Branches Run Short On Day 2 Of Rs 2,000 Note Exchange: Report
Some bank branches ran out of cash and temporarily halted the exchange of withdrawn Rs 2000 currency notes as they awaited replenishment of supply from the currency chest on the second day of note swap on Wednesday.
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Sri Lanka Seeks $1.1 Billion Forex Swap With India Under SAARC Agreement
Sri Lankan President Gotabaya Rajapaksa has requested India to provide a special USD 1.1 billion currency swap facility to boost the country's draining foreign exchange reserves in view of the economic slowdown due to the coronavirus pandemic.
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Days After G20 Meet, China Agrees $9 Billion Currency Swap With Argentina
China and Argentina signed a $9 billion currency swap deal to boost the crisis-stricken South American country's foreign currency reserves, its central bank announced Sunday.
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India, Japan Sign 75 Billion Dollar Currency Swap Agreement
India and Japan on Monday concluded a $75 billion bilateral currency swap agreement -- less than a week after Tokyo entered into a similar pact with Beijing for $30 billion -- a move aimed at improving confidence in the country's foreign exchange and capital markets.
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China, Japan To Forge Closer Ties At "Historic Turning Point"
China and Japan on Friday pledged to forge closer ties as both countries stood together at an "historic turning point", signing a broad range of agreements including a $30 billion currency swap pact, amid rising trade tensions with Washington.
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Can't Ban Everyone From Depositing Old Notes, Says Supreme Court
People with a legitimate reason for not being able to deposit old 500 and 1,000-rupee notes - like those in prison - cannot be denied the right to swap the outlawed currency for new notes, the Supreme Court said today, asking the government to explain how it will help these citizens by the 17th of this month.
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In A First, 5 Lakhs For Family Of Woman Who Burnt Herself After Days In Bank Queue
On November 22, a mother of four set herself on fire after spending three days in a bank queue to swap six banned currency notes in Uttar Pradesh's Aligarh town. The state government has announced Rs 5 lakh compensation for her family, making it the first death officially linked to the currency ban announced last month.
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Over The Counter Swap Of Notes Ends Now: 10 Points On Cash Crunch
Prime Minister Narendra Modi met the cabinet tonight amid a ferocious attack by the opposition over his abrupt ban of 500-and 1,000-rupee notes.
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Rs 500 And Rs 1,000 Notes Banned: 360-View Of Long Lines At Banks
After a surprise announcement by Prime Minister Narendra Modi to scrap 500 and 1,000 rupee notes on Tuesday night, long queues have been seen outside ATMs and banks across the country with people rushing to deposit or swap banned notes.
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Banks To Stay Open This Weekend After Government Ban On Rs 500, 1000 Notes
Just as Prime Minister Narendra Modi had warned, getting used to the overnight scrapping of the highest-denomination currency notes brought inconveniences.
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Bitcoin Gets Boost as US Watchdog Approves First Swap
TeraExchange's swap became the first to receive approval from a U.S. federal regulator for a financial product based on the budding technology.
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First Bitcoin derivative announced by Tera Exchange
Ultimately, TeraExchange plans to list the Bitcoin swap on its Swap Execution Facility (SEF), a new type of regulated platform.
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"Eye-Wash...": BJP Slams Tamil Nadu Budget, Its 4 MLAs And AIADMK Walk Out
The BJP's four Tamil Nadu MLAs walked out of the Assembly Friday, as the budget was being read out, to protest the currency symbol swap and allegations of corruption in TASMAC, the state-run liquor sales agency.
-
Huge Currency Swap Agreement To Help Maldives On Foreign Exchange Reserves
Prime Minister Narendra Modi on Monday underlined New Delhi's position as a "close friend" of the Maldives and emphasised his government's readiness to respond to medical and economic emergencies as part of its 'neighbourhood first' foreign policy.
-
RBI Extends Currency Swap Support For SAARC Nations Until 2027
The Reserve Bank of India (RBI) has extended its currency swap arrangement with SAARC countries until 2027, introducing a revised framework to address short-term foreign exchange liquidity needs and balance of payment crises.
-
Some Bank Branches Run Short On Day 2 Of Rs 2,000 Note Exchange: Report
Some bank branches ran out of cash and temporarily halted the exchange of withdrawn Rs 2000 currency notes as they awaited replenishment of supply from the currency chest on the second day of note swap on Wednesday.
-
Sri Lanka Seeks $1.1 Billion Forex Swap With India Under SAARC Agreement
Sri Lankan President Gotabaya Rajapaksa has requested India to provide a special USD 1.1 billion currency swap facility to boost the country's draining foreign exchange reserves in view of the economic slowdown due to the coronavirus pandemic.
-
Days After G20 Meet, China Agrees $9 Billion Currency Swap With Argentina
China and Argentina signed a $9 billion currency swap deal to boost the crisis-stricken South American country's foreign currency reserves, its central bank announced Sunday.
-
India, Japan Sign 75 Billion Dollar Currency Swap Agreement
India and Japan on Monday concluded a $75 billion bilateral currency swap agreement -- less than a week after Tokyo entered into a similar pact with Beijing for $30 billion -- a move aimed at improving confidence in the country's foreign exchange and capital markets.
-
China, Japan To Forge Closer Ties At "Historic Turning Point"
China and Japan on Friday pledged to forge closer ties as both countries stood together at an "historic turning point", signing a broad range of agreements including a $30 billion currency swap pact, amid rising trade tensions with Washington.
-
Can't Ban Everyone From Depositing Old Notes, Says Supreme Court
People with a legitimate reason for not being able to deposit old 500 and 1,000-rupee notes - like those in prison - cannot be denied the right to swap the outlawed currency for new notes, the Supreme Court said today, asking the government to explain how it will help these citizens by the 17th of this month.
-
In A First, 5 Lakhs For Family Of Woman Who Burnt Herself After Days In Bank Queue
On November 22, a mother of four set herself on fire after spending three days in a bank queue to swap six banned currency notes in Uttar Pradesh's Aligarh town. The state government has announced Rs 5 lakh compensation for her family, making it the first death officially linked to the currency ban announced last month.
-
Over The Counter Swap Of Notes Ends Now: 10 Points On Cash Crunch
Prime Minister Narendra Modi met the cabinet tonight amid a ferocious attack by the opposition over his abrupt ban of 500-and 1,000-rupee notes.
-
Rs 500 And Rs 1,000 Notes Banned: 360-View Of Long Lines At Banks
After a surprise announcement by Prime Minister Narendra Modi to scrap 500 and 1,000 rupee notes on Tuesday night, long queues have been seen outside ATMs and banks across the country with people rushing to deposit or swap banned notes.
-
Banks To Stay Open This Weekend After Government Ban On Rs 500, 1000 Notes
Just as Prime Minister Narendra Modi had warned, getting used to the overnight scrapping of the highest-denomination currency notes brought inconveniences.
-
Bitcoin Gets Boost as US Watchdog Approves First Swap
TeraExchange's swap became the first to receive approval from a U.S. federal regulator for a financial product based on the budding technology.
-
First Bitcoin derivative announced by Tera Exchange
Ultimately, TeraExchange plans to list the Bitcoin swap on its Swap Execution Facility (SEF), a new type of regulated platform.
