The RBI chief said that for emerging market economies and advanced economies, travelling down that path of cryptocurrencies will create huge risks.
The memorandum of understanding was signed within 10 days of the India-US joint statement on co-production and development of technologies.
India’s GDP growth beat China’s 4.9 per cent rise in July-September, while the Western economies are getting crushed under high-interest rates and energy prices.
“SGX Group will continue to provide international access to USD-denominated Nifty contracts, which has been re-christened GIFT Nifty starting July 3, 2023, alongside other SGX derivatives products,” Janice Kan, Managing Director of Head of Markets Equities at SGX Group, told PTI on Friday.
So far, investment MoUs worth Rs 5,450 crore have been signed with multiple industrial groups in Dubai in the presence of the Chief Minister, an official statement said.
“It is not without its geopolitical challenges and the ongoing conflict in Israel and Gaza is a worrying manifestation of these”: Nirmala Sitharaman on India-Middle East-Europe Connectivity Corridor (IMEC)
Out of total 27 deliverables under India’s G20 finance track agenda, 10 have been endorsed and the other 17 have been welcomed by G20 delegations, sources said.
RBI MPC member Ashima Goyal said that a global slowdown reducing India’s export growth, geopolitics fueling oil and food prices, and erratic weather are some of the continuing risks that the country faces.
Only IndusInd Bank, Cipla, Dr Reddys and Titan closed on a negative note today in the Nifty 50 index.
The government had in July imposed a 15 per cent agri cess on imports of these goods.