“Nexus, conceptualised by the Innovation Hub of the Bank for International Settlements (BIS), aims to connect the FPSs of four ASEAN countries (Malaysia, Philippines, Singapore, and Thailand); and India, who would be the founding members and first mover countries of this platform,” read a statement issued by the RBI.

Economist warns India about mounting debt as IMF presents worst-case scenario

Noted economist Ajit Ranade has warned India about its high debt, echoing concerns projected by the International Monetary Fund recently, where the body said that the debt could exceed 100 percent of the national GDP in the next four years. Here’s what the Vice Chancellor of Gokhale Institute Of Politics & Economics Pune said, as […]

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