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India names Neelkanth Mishra as executive director at World BankEconomist Neelkanth Mishra has been appointed as India's executive director at the World Bank Group, succeeding Parameswaran Iyer. Mishra, ...
UPI transactions soar to record of Rs 29.9 lakh crores in MayUnified Payments Interface transactions reached record highs in May. Summer travel and the IPL fueled this surge. Value and volume of trans...
Can you use UPI abroad? Here’s what Indian travellers must know about charges, limits and security risksIndian travellers are increasingly using UPI abroad for convenient payments, but understanding its limitations and risks is crucial. While ...
Government specifies 40 sub-sectors for faster clearance of FDI proposals from land-bordering nationsIndia is fast-tracking foreign investment proposals from China and neighboring nations. Forty key manufacturing sub-sectors, including rare...
DPIIT issues updated SOP for processing FDI applicationsThe Department for Promotion of Industry and Internal Trade (DPIIT) has streamlined Foreign Direct Investment (FDI) proposal processing wit...
Govt has eased FDI norms for foreign cos having small Chinese/Hong Kong stake: An explainerIndia has eased Foreign Direct Investment rules for companies with up to ten percent Chinese or Hong Kong shareholding. These firms can now...
After 7 years, work restarts on India-funded Bhutan hydro projectConstruction of Bhutan's Punatsangchhu-I hydropower project has restarted after a seven-year halt. India is providing financial support for...
From Rs 20 chai transactions to Rs 285 lakh crore flows; UPI marks a decade of India's payments revolutionIn the last 10 years, UPI has registered a 12,000-fold surge in volume and over 4,000 times increase in value — that's 17.86 million transa...
India to lead South Asia growth at 7.6% in FY26, says World BankIndia will lead South Asia's economic growth. The World Bank forecasts India's economy to expand by 7.6% in FY26. The region's overall grow...
World Bank raises India’s FY27 growth forecast to 6.6%India's economic growth forecast for FY27 is now 6.6 percent. This is an upgrade from previous projections. Strong domestic demand and expo...
Tata Power shares in focus after signing agreements for Rs 13,100 crore hydropower project in BhutanTata Power is set to be a key stock on Monday following the signing of agreements for Bhutan's massive Rs 13,100-crore Dorjilung Hydroelect...
Demonetisation impacts India’s border trade with BhutanIndian currency is used as legal tender in Nepal and Bhutan. Phuentsholing is the main land border entry point between India and Bhutan.
Rs 'On Sale,' at Indo-Bhutan border areasWithout any official currency exchange facility, Indian traders in border areas usually get their Nu reserve exchanged to Rs through unoffi...
Currency crisis in India is retarding Bhutan: Bangledesh trade paceThough a bilateral issue between the two neighboring countries, thousands of Indian citizens, dependent on this trade, have become victims ...
Bank of Bhutan selects TCS BaNCS for Core Banking to power next generation banking servicesTCS, IT services, consulting and business solutions provider, announced that the Bank of Bhutan has selected TCS BaNCS for its Core Banking...
Bhutan is yet to come out of its Indian Rupee reserve crisisBhutan’s Rupee reserve crisis following current account deficit is yet to get into a definite positive situation.
Bhutan seeks to be India's hydropower plantThe 126 megawatt plant is the first under the public-private-partnership model and has already connected 9,000 rural households in Bhutan.
Indian support helped Bhutan to overcome its foreign currency reserve crisisThe crucial situation forced the Himalayan country to impose many restrictions in utilization of India currency with which Bhutan's currenc...
Bhutan's mega hydroproject Punatsangchu I: A concern for IndiaBhutan is at present on a mission to establish 10,000 MW additional installed capacity by 2020 in co-operation with the Government of India.
- Top World Bank official asks countries to emulate Bhutan
Bhutan's guiding development philosophy -- gross national happiness (GNH) -- has come in for praise from a top WB official who said other c...