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MIR PAYMENT SYSTEM
S-400s, Russian oil & RuPay–Mir pact: Will the Modi–Putin summit push India closer to Moscow and further from the West?Modi–Putin summit on 4 December: President Putin’s visit to Delhi on December 4 will centre on defence and financial cooperation. India is ...- Delhi, Moscow eye visa-free travel for tourist groupsIndia and Russia are set to boost tourism and trade. Both nations are working towards a visa-free system for group tourists. This move aims...
- India-Russia annual summit could boost mutual recognition of national card systemsIndia and Russia are set to boost cross-border payments. Negotiations are underway to recognize each other's payment systems, MIR and RuPay...
- What's in the EU's proposed 19th package of Russia sanctionsEuropean Commission proposed a new set of sanctions against Russia. This is the 19th package after Russia's invasion of Ukraine. The sancti...
- BRICS mulls alternative payment platformsRussia advocates for trade with India in national currencies, highlighting that BRICS is exploring alternative payment platforms, potential...
- Accepting Russian MIR banking cards in India is under active discussionIndia is considering accepting Russia's Mir payment system for electronic fund transfers, potentially easing transactions for Russians visi...
- Russia has a message for BRICS summit goers: Bring cashAt the BRICS summit, Russia urges participants to bring cash, noting foreign-issued Mastercard and Visa cards are unusable within the count...
- Cryptocurrencies, SWIFT alternatives: China, Russia and other countries could threaten dollar's global dominanceEven though US' economic policies and sanctions on Russia are constantly driving Moscow crazy, they still have certain alternative strategi...
- India, Russia to explore possibility of accepting RuPay and Mir cardsThe meeting, co-chaired by External Affairs Minister S Jaishankar and Russia Deputy Prime Minister Denis Manturov, also agreed to explore t...
- Eurasian Economic Union explores common payment system with BRICSAccording to the media report, citing the EEU’s regulatory body, the plan also envisages the issuance of a single payment card within the t...
- Russia-India trade turnover witnesses 'unprecedented growth' in first half of 2022: Russian envoyRussian Ambassador to India Denis Alipov made the remarks ahead of the meeting between President Vladimir Putin and Prime Minister Narendra...
- GAIL in gas import talks with Russia's GazpromSaint Petersburg-based Gazprom, the state-owned multinational energy company, has likely proposed to the Indian public sector company that ...
- Petersburg Social Commercial Bank may be a focal point of India-Russia rupee tradeReplacement of European companies in the Russian market by Indian companies is increasing, Vladimir L Pribytkin, the bank’s founder and cha...
- Russia is rerouting trade and oil to BRICS countries: President Vladimir PutinIn order to weather the sanctions, Russia is trying to forge closer ties with Asia, seeking to supplant the markets it lost in the row with...
- Shadow over ties: China’s Union Pay stops cooperation with Russian banks“UnionPay’s hesitance to enter the Russian market is the latest example of large Chinese companies growing wary of doing business in Russia...
- Russian banks may issue cards with China's UnionPay as Visa, Mastercard cut linksRussian-issued Mastercard and Visa cards would be accepted within Russia until their expiry, the bank said. The overseas ban also applies t...
- SWIFT exclusion to affect Russia's tradeThe US and the European Commission on Saturday issued a joint statement to exclude some Russian banks from the SWIFT messaging system. TOI ...
- Sensex tumbles over 900 points as crude oil prices surge 5%At 9.30 am, BSE Sensex was ruling at 54,938.42, down 920.10 points or 1.65 per cent. The NSE Nifty stood at 16,373.95, down 284.45 points o...
- Russian IT firms ready to support India's smart city initiativeRussia’s software exports stand at $7.5 billion a year. Russia is known to have a range of modern IT-related technologies that are availabl...
- Nasscom, Russoft tie up to provide IT solutions in India, Africa & West AsiaRussia is known to have a range of modern IT-related technologies that are available only with the US and China.
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