16th BRICS summit to begin in Kazan, Russia Tuesday. PM Modi expected to hold bilateral talks with Russian President Putin & Iranian President Masoud Pezeshkian.
The new Swift has been tested to deliver 25.75 kmpl. And after driving both the manual and AMT variants, the trip computer showed I was getting over 22 kmpl.
The West blocked access to SWIFT for several Russian banks, including Sberbank and VTB, soon after Moscow invaded Ukraine in February last year to target Russian trade.
UPI expansion can allow better cooperation and improve business with other nations hence India can leverage the opportunity to influence the global world, writes Criti Mahajan.
SWIFT messaging system is backbone for financing global trade. US, European Commission, France, Germany, Italy, UK & Canada have excluded Russia’s central bank & some other banks from SWIFT.
While kicking it off would indeed cause severe pain to Russians and the Russian economy in the short term, it also could be too much of a shock to a Western-led payment system.
A report to the central government says Punjab National Bank had debated putting in place safeguards to prevent fraud in 2016, but put no systems in place.
The industry forecasts exports are set to grow 16% in 2025-26, boosted by surplus domestic production and a drive to push into 26 underserved global markets with strong potential.
Indigenisation level will progressively increase up to 60 percent with key sub-assemblies, electronics and mechanical parts being manufactured locally.
It is a brilliant, reasonably priced, and mostly homemade aircraft with a stellar safety record; only two crashes in 24 years since its first flight. But its crash is a moment of introspection.
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