New Delhi, July 1 (IANS) The National Payments Corporation of India (NPCI) on Wednesday announced a strategic partnership with HSBC India to enable real-time foreign exchange (FX) settlement for cross-border Unified Payments Interface (UPI) transactions to make international digital payments more seamless and transparent for Indian travellers.Under the collaboration, HSBC India will provide real-time FX rates through direct API integration, allowing customers to view the exact Indian rupee (INR)…
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New Delhi, June 27 (IANS) A practical business utilisation manual for the India-UK Comprehensive Economic and Trade Agreement (CETA) was launched by Union Minister of Commerce and Industry Piyush Goyal in London to help businesses in both countries maximise the benefits of the landmark trade pact before it comes into force on July 15, it was announced on Saturday.The ‘UK-India CETA Business Utilisation Manual – A Practical Activation Guide for Indian and UK Businesses’ was launched during an e…
New Delhi, May 30 (IANS) India’s macroeconomic position in the month of May reflects cautious resilience over strong services exports, adequate foreign exchange reserves and a stable labour market, Finance Ministry said in its ‘Monthly Economic Review’ on Saturday.However, the confluence of elevated global energy prices, a depreciating rupee, rising upstream cost pressures and the prospect of a below-normal monsoon calls for sustained policy vigilance, the Economic Review said. “Navigating FY2…