The Reserve Bank of India on June 27 said it with the concurrence of the Government of India has decided to put in place a revised Framework on Currency Swap Arrangement for SAARC countries for the period 2024 to 2027. Under this Framework, the Reserve Bank would enter into bilateral swap agreements with SAARC central banks, who want to avail …
In a bid to help Nepal tackle the coronavirus pandemic, India on Thursday gifted a medical oxygen plant to the Himalayan nation Even as India grapples with the spread of the coronavirus disease internally, it has extended its assistance to neighbouring countries like Bangladesh, Sri Lanka, Bhutan and Nepal — all countries belonging to the South Asian Association for Regional …
The story so far: This year, India faced a trifecta of challenges in its neighbourhood from China: the COVID-19 pandemic, the growing competition for influence in South Asia, and aggressive actions at the Line of Actual Control by China’s People's Liberation Army. China also laid claim to Bhutan’s Sakteng natural reserves and pushed along the boundary lines with Nepal, all …