Kailash Mansarovar Yatra 2026 registration opens; Check dates, routes, eligibility, selection process & fees to visit 'the abode of Shiva'Kailash Mansarovar Yatra 2026 dates: Registration for Kailash Mansarovar Yatra 2026 has started. Pilgrims can apply online till May 19 for ...
01 May, 2026, 02.48 PM IST
Mali defence minister Sadio Camara killed, fresh fighting between army and rebelsMali's defence minister died after an attack on his house, his family said Sunday, as the army fought a second day of battles with jihadist...
26 Apr, 2026, 08.31 PM IST
China’s Cosmx ties up with Munoth Industries in JV to source lithium-ion cells in IndiaChinese battery leader Cosmx is embarking on an exciting collaboration with Munoth Industries based in India. This venture will enable Cosm...
01 Apr, 2026, 05.38 PM IST
Dim Sum bonds: Is there more to them than meets the eye? Understand these bonds because you might hear more about themDim Sum bonds are offshore renminbi (RMB) bonds, mainly issued in Hong Kong, that allow global borrowers to raise RMB outside China’s capit...
24 Aug, 2025, 03.20 PM IST
Russia’s exclusion from SWIFT an opportunity for China to internationalise RMBRussia tried to find ways to minimise the bite of sanctions. Russian businesses are using RMB to settle more of their trade. They are also ...
20 Jan, 2023, 08.37 AM IST
Celebrating the success24 Dec, 2021, 11.05 AM IST
Evergrande's EV unit terminates plans to issue RMB sharesIn a statement to the Hong Kong stock exchange, China Evergrande New Energy Vehicle Group said that after careful consideration the company...
26 Sep, 2021, 06.11 PM IST
Renminbi adoption improves across IndiaRecently released SWIFT data shows that India’s use of (Renminbi) RMB for payments by value with China and Hong Kong is on the rise, but th...
26 May, 2016, 02.08 PM IST
IMF to consider inclusion of Chinese currency in SDR basketIn a big boost to China's plans to internationalise its currency, the IMF staff has proposed to its Executive Board to include the RMB into...
14 Nov, 2015, 10.51 AM IST
China's currency Renminbi to become fourth most-used currency: ReportRMB is now the world's second trade-finance currency, fifth payment currency, and sixth foreign-exchange currency, said a report.
20 Jul, 2015, 03.33 PM IST
Chinese currency significantly undervalued: US reportThe report, warns China to stop its "frequent interventions" in the currency market and allow its currency, RMB or Yuan, to rise in value a...
16 Oct, 2014, 01.32 PM IST
China's RMB swiftly developing as major world currency: ReportChina renminbi is on track to become the third-largest international currency behind US dollar & euro within % yrs as the eastern nation ac...
21 Jul, 2014, 11.48 AM IST
China permits banks to set their own RMB-USD exchange ratesChina will allow banks to set their own exchange rates for the renminbi (RMB) against the US dollar with clients, a further step in the lib...
03 Jul, 2014, 06.58 PM IST
Anil Ambani for boosting Rupee-RMB-Dollar tradeAnil Ambani said business leaders from India and China should enhance Rupee-RMB-Dollar trade for furthering co-operation between the two na...
20 May, 2013, 07.32 PM IST
- HSBC issues first RMB documentary credit in India
HSBC has issued its first renminbi (RMB) denominated Documentary Credit (DC) in India for a Mumbai-based pharmaceuticals company.
28 Sep, 2012, 12.44 PM IST
- China will stick to Gradual Appreciation of Yuan: Wen
'We will continue to stick to the reform of the formation mechanism of the RMB exchange rate.'
15 Mar, 2011, 07.27 AM IST
- Bank of India becomes 1st Indian bank to offer trade settlement in Chinese yuan
Hong Kong is the only offshore market for the Chinese currency. The past year saw $400 billion of Chinese yuan being traded in Hong Kong ag...
24 Feb, 2011, 10.42 PM IST