India

Central Bank’s Gold Purchases Make ‘Record Breaking Start’ in Q1 2023; 228.4 Tonnes Added to World Reserves

Central banks have continued to consistently purchase gold during… More… The post Central Bank’s Gold Purchases Make ‘Record ...

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Push to Use National Currencies in SCO Cannot Be Stopped, Russia’s Lavrov Says

Efforts to transition to trade in national currencies in the Shanghai… More… The post Push to Use National ...

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Russia Projected to Start Purchasing Chinese Yuan for Its Foreign Reserves as Soon as May

Russia will start to purchase Chinese yuan for its international … More… The post Russia Projected to Start ...

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Major BRICS Countries Looking To Integrate National Payment Systems Amid Push To Ditch Dollar: Report

Two of the largest members of BRICS are reportedly exploring how they… More… The post Major BRICS Countries ...

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India-Russia bond tested by Moscow’s growing ties with China

India’s steadfast relationship with Russia is under pressure… More… The post India-Russia bond tested by Moscow’s growing ties ...

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India, Russia Mull Payment System Integration in Face of US Sanctions

The governments of India and Russia are considering integrating … More… The post India, Russia Mull Payment System ...

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Top Indian Banker Says US Dollar Has ‘Disproportionate Power’ as Reserve Currency; Retracts ‘Biggest Financial Terrorist’ Remark

Uday Kotak, the CEO of Kotak Mahindra Bank, a financial institution… More… The post Top Indian Banker Says ...

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BRICS to Promote National Currencies Before Issuing Common One

The BRICS bloc is now focused on expanding the use of the currencies… More… The post BRICS to ...

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World’s Largest Regional Organization to Switch to Settlements in National Currencies

A China-led regional organization that covers more than half of Eurasia… More… The post World’s Largest Regional Organization ...

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BRICS Currencies to Have No Alternative, Former Russian President Medvedev Says

Fiat currencies of BRICS member states will have no alternative in… More…

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