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CROSS BORDER TRADE REMITTANCES
RNFI Money gets RBI approval to undertake cross-border trade remittancesRNFI Money, a wholly owned subsidiary of RNFI Services, has received RBI approval to undertake cross-border trade remittances. The licence ...- US proposes AI incident alert system in talks with China, says Scott BessentThe United States has proposed a new AI incident notification mechanism. This proposal aims to enhance transparency between the two leading...
- India must rethink cross-border payments beyond corridors, put customers first: DeloitteA shift from corridor-led expansion to customer-centric design forms the core principle needed to drive the next stage of India's cross-bor...
- Trump administration begins building border wall in Texas' Big Bend regionBorder wall construction has commenced in Texas's Big Bend region. This marks a significant step in the administration's extensive border s...
- India, Bhutan sign Rs 4,000 crore Line of Credit for energy projects during Jaishankar visitIndia and Bhutan welcomed the signing of an agreement on a concessional Line of Credit of INR 4,000 crore for energy projects in Bhutan dur...
- China built a 134-km long canal digging through mountains for four years; it now cuts 560 kms to reach the seaChina has opened the Pinglu canal, a 134.2 km waterway built over four years at a cost of USD 10.75 billion, linking Nanning in Guangxi to ...
- More talks likely between India, China to address trade concerns, imbalance, supply chain: Trade SecyIndia and China are exploring measures to narrow the trade gap. Both nations seek to address supply-chain challenges and bilateral trade co...
- Banks seek RBI nod to use new rules for old trade mismatchesBanks want RBI approval to apply new rules for closing old trade deals. These unsettled transactions have accumulated to nearly one lakh cr...
- BRICS urges IMF, World Bank reforms, condemns unilateral tariffs, secondary sanctionsBRICS leaders adopted the New Delhi Declaration, expressing serious concerns over unilateral trade measures. They called for the eliminatio...
- BRICS declaration vows cooperation to dismantle cross-border scam networksBRICS countries on Saturday voiced “serious concern” over organised scam networks, including cross-border fraud operations and scam compoun...
- BRICS leaders push faster, cheaper cross-border payments, deeper use of local currenciesBRICS leaders are calling for faster and cheaper cross-border payments among member nations. They also support greater interoperability bet...
- De-dollarisation: BRICS takes a measured route, focuses on payments and not on common currencyThere is no mention of a common BRICS currency or a formal call for replacement of the US dollar. Instead, the document sticks to the more ...
- BRICS finance chiefs flag tariff risks, push cross-border paymentsBRICS finance ministers voiced concerns over unilateral trade actions and tariffs. They endorsed efforts for cross-border payment interoper...
- BRICS fin mins, central bank chiefs raise concerns on unilateral trade and finance-related measuresBRICS finance ministers and central bank governors voiced concerns over unilateral trade measures. They backed efforts for cross-border pay...
- BRICS 2026 calls for bigger emerging-market voice in IMF, World Bank; criticises unilateral tariffsBRICS finance leaders urged greater emerging market representation in global financial institutions. They also advocated for increased loca...
- India, Russia explore digital currency payments for trade in cross-border breakthroughIndia and Russia are exploring digital currency payments for bilateral trade, potentially opening a faster route for cross-border settlemen...
- BRICS finance chiefs urge reform of global development financial institutionsBRICS finance ministers and central bank governors are calling for essential reforms within global institutions, with an aim to amplify the...
- BRICS can boost local-currency trade with deeper financial markets, stronger banking links: ExpertsBRICS nations can boost trade and investment by deepening financial markets. Experts suggest using local currencies more often for transact...
- UPI can do more tricks among BRICSIndia is championing the integration of the Unified Payments Interface (UPI) for cross-border digital transactions within BRICS countries. ...
- India seeks payment-system links in every FTA, Commerce Secy says: ReportIndia aims to link its payment systems with trading partners in new agreements. This strategy seeks to make cross-border payments faster an...
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