Trade Facilitation
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Nepal, India, Bangladesh Sign Pact For Cross-Border Electricity Trade
Nepal, India and Bangladesh on Thursday signed a long-awaited tripartite agreement to facilitate cross-border electricity trade, officials here said.
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Global Bank Messaging Network SWIFT to Trial Live Digital Currency Transactions in 2025
SWIFT will trial live transactions of tokenised assets and digital currencies next year. Banks and asset managers hope that by using digital units - usually blockchain-based tokens that represent a share of the underlying asset - trading can be quicker, cheaper and more efficient, including by cutting out middlemen involved in many transactions.
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CoinDCX’s Okto Wallet Announces Arbitrum Rewards Challenge Aiming to Incentivise Traders
Okto has announced the launch of a rewards initiative aimed at incentivising traders that are part of its community and ramping up user activities. In its official statement, Okto said it is presenting this opportunity for traders to earn rewards to provide exceptional trading opportunities to its users.
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PM Modi Proposes "Global Development Compact" At Global South Summit
Prime Minister Narendra Modi on Saturday proposed the creation of a human-centric "Global Development Compact" for the Global South to facilitate trade, sharing of technologies and concessional financing based on India's growth journey, in a move tha
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US Sanctions Over Dozen Companies, 3 From India, For Trade With Iran
The United States slapped on Thursday sanctions on over a dozen companies, individuals and vessels, including three from India, for facilitating illicit trade and UAV transfers on behalf of the Iranian military.
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Indians are Experimenting With Over-the-Counter Crypto Trading: Here’s What It Means
In over-the-counter (OTC) crypto trading, agencies or individuals carry out transactions on behalf of the traders, off the books of the exchanges. As part of traditional financial practices, OTC trading of regular assets have been facilitated by banks for years. The services now include OTC crypto trading, which is being facilitated by some exchang...
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India Best-Performing South Asian Nation In Terms Of Trade Facilitation: UN
India is now the best-performing nation amongst all the countries of South Asian region in terms of trade facilitation, as per the United Nations Economic and Social Commission for Asia Pacfic's (UNESCAP) report.
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India, New Zealand to Increase Cooperation for Facilitation of UPI System
India and New Zealand on Thursday decided to increase cooperation in areas such as facilitation of UPI system, timely resolution of trade issues, work visa, and improving the banking relations. Looking at the present quantum of bilateral trade between the two countries, both sides acknowledged the huge potential and the need for bringing in synergy...
-
Gazprombank Deepens Links With Indian Banks To Facilitate Bilateral Trade
Russia's Gazprombank has expanded its links with banks in India to expedite trade between the two countries in national currencies, a key executive told Reuters on Monday,
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Twitter Partners With eToro, Will Let Users Engage With Crypto, Trade Stocks Within Platform
Twitter will now let users engage with crypto and stock trading from within the platform itself. To facilitate this, Twitter has partnered up with eToro, an Israeli online brokerage firm. Given his personal pro-crypto approach, billionaire Elon Musk has been very vocal about making Twitter crypto friendly with newer features.
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SushiSwap DeFi Protocol Loses $3 Million in Exploit, Here’s What is Known About It
SushiSwap, an automated market maker (AMM) DEX, that uses a liquidity pool to facilitate trades, has reportedly undergone an exploit attack over the weekend. Researchers have claimed that SushiSwap users who engaged with the protocol between April 4 and April 9 were most likely to have been affected as part of this attack.
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India, US Decide To Launch Strategic Trade Dialogue
In a significant move, India and the US on Thursday decided to launch a strategic trade dialogue to address export controls, explore ways of enhancing high technology commerce, and facilitate technology transfers.
-
EU Sets Up Trade & Technology Council With India
India and the European Union on Monday announced setting up of a new Trade and Technology Council (TTC) that is expected to facilitate exchange of critical technologies relating to an array of domains.
-
Binance Granted Regulatory Approval to Manage and Trade Virtual Currencies in Sweden
The Swedish regulators have approved Binance Nordics AB to facilitate the management and trading of virtual currencies for its nationals. Crypto investors in Sweden will now have options to purchase digital assets in Euros and utilise Binance Visa card as well as Binance NFT services.
-
India's Trade With Russia In Rupees To Start Soon: Trade Body
India will soon start trading with Russia in rupees as top lender State Bank of India has agreed to facilitate the new mechanism, the president of India's exporter group said on Wednesday.
-
Nepal, India, Bangladesh Sign Pact For Cross-Border Electricity Trade
Nepal, India and Bangladesh on Thursday signed a long-awaited tripartite agreement to facilitate cross-border electricity trade, officials here said.
-
Global Bank Messaging Network SWIFT to Trial Live Digital Currency Transactions in 2025
SWIFT will trial live transactions of tokenised assets and digital currencies next year. Banks and asset managers hope that by using digital units - usually blockchain-based tokens that represent a share of the underlying asset - trading can be quicker, cheaper and more efficient, including by cutting out middlemen involved in many transactions.
-
CoinDCX’s Okto Wallet Announces Arbitrum Rewards Challenge Aiming to Incentivise Traders
Okto has announced the launch of a rewards initiative aimed at incentivising traders that are part of its community and ramping up user activities. In its official statement, Okto said it is presenting this opportunity for traders to earn rewards to provide exceptional trading opportunities to its users.
-
PM Modi Proposes "Global Development Compact" At Global South Summit
Prime Minister Narendra Modi on Saturday proposed the creation of a human-centric "Global Development Compact" for the Global South to facilitate trade, sharing of technologies and concessional financing based on India's growth journey, in a move tha
-
US Sanctions Over Dozen Companies, 3 From India, For Trade With Iran
The United States slapped on Thursday sanctions on over a dozen companies, individuals and vessels, including three from India, for facilitating illicit trade and UAV transfers on behalf of the Iranian military.
-
Indians are Experimenting With Over-the-Counter Crypto Trading: Here’s What It Means
In over-the-counter (OTC) crypto trading, agencies or individuals carry out transactions on behalf of the traders, off the books of the exchanges. As part of traditional financial practices, OTC trading of regular assets have been facilitated by banks for years. The services now include OTC crypto trading, which is being facilitated by some exchang...
-
India Best-Performing South Asian Nation In Terms Of Trade Facilitation: UN
India is now the best-performing nation amongst all the countries of South Asian region in terms of trade facilitation, as per the United Nations Economic and Social Commission for Asia Pacfic's (UNESCAP) report.
-
India, New Zealand to Increase Cooperation for Facilitation of UPI System
India and New Zealand on Thursday decided to increase cooperation in areas such as facilitation of UPI system, timely resolution of trade issues, work visa, and improving the banking relations. Looking at the present quantum of bilateral trade between the two countries, both sides acknowledged the huge potential and the need for bringing in synergy...
-
Gazprombank Deepens Links With Indian Banks To Facilitate Bilateral Trade
Russia's Gazprombank has expanded its links with banks in India to expedite trade between the two countries in national currencies, a key executive told Reuters on Monday,
-
Twitter Partners With eToro, Will Let Users Engage With Crypto, Trade Stocks Within Platform
Twitter will now let users engage with crypto and stock trading from within the platform itself. To facilitate this, Twitter has partnered up with eToro, an Israeli online brokerage firm. Given his personal pro-crypto approach, billionaire Elon Musk has been very vocal about making Twitter crypto friendly with newer features.
-
SushiSwap DeFi Protocol Loses $3 Million in Exploit, Here’s What is Known About It
SushiSwap, an automated market maker (AMM) DEX, that uses a liquidity pool to facilitate trades, has reportedly undergone an exploit attack over the weekend. Researchers have claimed that SushiSwap users who engaged with the protocol between April 4 and April 9 were most likely to have been affected as part of this attack.
-
India, US Decide To Launch Strategic Trade Dialogue
In a significant move, India and the US on Thursday decided to launch a strategic trade dialogue to address export controls, explore ways of enhancing high technology commerce, and facilitate technology transfers.
-
EU Sets Up Trade & Technology Council With India
India and the European Union on Monday announced setting up of a new Trade and Technology Council (TTC) that is expected to facilitate exchange of critical technologies relating to an array of domains.
-
Binance Granted Regulatory Approval to Manage and Trade Virtual Currencies in Sweden
The Swedish regulators have approved Binance Nordics AB to facilitate the management and trading of virtual currencies for its nationals. Crypto investors in Sweden will now have options to purchase digital assets in Euros and utilise Binance Visa card as well as Binance NFT services.
-
India's Trade With Russia In Rupees To Start Soon: Trade Body
India will soon start trading with Russia in rupees as top lender State Bank of India has agreed to facilitate the new mechanism, the president of India's exporter group said on Wednesday.
