India

India's oil deal with Russia hit high, effects dollar dominance

India's oil trade, in response to the turmoil of sanctions and the Ukraine war, provides the strongest evidence so far of a shift into other currencies that could prove lasting. Refiners...

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India, Singapore linked digital payment system for cross-border transactions

The residents of Singapore and India can instantly transfer money to each other via Unified Payments Interface (UPI) and PayNow. The cross-border real-time payment systems linkage was l...

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