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Friday, August 1, 2025
TopicSWIFT

Topic: SWIFT

Payment systems, BRICS expansion & bilateral meets. What to expect as Modi heads to Russia

16th BRICS summit to begin in Kazan, Russia Tuesday. PM Modi expected to hold bilateral talks with Russian President Putin & Iranian President Masoud Pezeshkian.

New Swift mileage shows Suzuki returning to ‘Kitna Deti Hai’. It can be so much more

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.

Unlocking the Perfect Ride: Swift, Tiago, Altroz, and Exter Compared

Choosing the right hatchback can be tricky, with many options available today that cater to different needs and budgets.

India using SWIFT global payment system to settle Russia dollar trade: trade official

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.

SubscriberWrites: Knocking off Russia from SWIFT impacts the world. India can bring digital diplomacy with UPI

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.

Cryptocurrency is the answer to sanctions imposed on Russia

Campus Voice is an initiative by ThePrint where young Indians get an opportunity to express their opinions on a prevalent issue.

How restrictions on Russia using SWIFT system can affect economy of country, rest of Europe

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.

Kicking Russia out of Swift payment system could backfire

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.

Nirav Modi seeks political asylum in UK, ED seeks extradition

ED has written to the external affairs ministry seeking approval to move an application in the UK to initiate extradition proceedings against Modi.

Punjab National Bank discussed fraud prevention in 2016, but didn’t introduce safeguards

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. 

On Camera

Free UPI was a revolution. Now costs are piling up, quality is slipping

The RBI Governor would do well to reinitiate earlier attempts to create competition for UPI. It would improve quality and security.

Over six-fold spike in digital transactions since 2019-20, govt informs Parliament

Govt says digital payments also uplift under-served communities by providing them financial footprint that can be used to assess credit worthiness in absence of traditional documents.

India to get last of Spain-built C-295 next month, focus now on 1st India-made aircraft

New Delhi: The last of the C-295 transport aircraft that is replacing the ageing Avro fleet of the Indian Air Force (IAF) will be...

Modi’s Bharat vs Indira’s India: 11-yr report card of politics, diplomacy, economy, nationalism

As Narendra Modi becomes India’s second-longest consecutively serving Prime Minister, we look at how he compares with Indira Gandhi across four key dimensions.