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Posts by Kumari Sonali:

2025 Osaka World Expo

2025 Osaka World Expo: India has made a cultural statement at the 2025 Osaka World Expo, embracing its civilisational ethos and soft power by blending ancient wisdom with modern innovation under the theme of compassion and inclusivity. Osaka World Expo 2025 held in Japan under the theme “Designing Future Society for Our Lives”, the Osaka […]

India has extended financial support to the Maldives by rolling over (renewing) a USD 50 million Treasury Bill

India has extended financial support to the Maldives by rolling over (renewing) a USD 50 million Treasury Bill: India has extended financial support to the Maldives by rolling over (renewing) a USD 50 million Treasury Bill, under a special government-to-government (G2G) framework that began in 2019. India recognized Maldives in 1965 and established its mission […]

Canara Bank Removes Minimum Balance Rule for All SB Accounts

Canara Bank Removes Minimum Balance Rule for All SB Accounts: Canara Bank has waived the minimum balance requirement across all its savings bank (SB) accounts, including regular savings, salary, and NRI accounts. This decision eliminates Average Monthly Balance (AMB)-related penalties, making Canara Bank the first major public sector bank in India to implement such a […]

RBI Grants In-Principle Approval to PayPal and Worldline for Cross-Border Payment Aggregation

RBI Grants In-Principle Approval to PayPal and Worldline for Cross-Border Payment Aggregation: The Reserve Bank of India (RBI) has granted in-principle approval to PayPal Payments and Worldline ePayments India to operate as cross-border payment aggregators (PAs) under the Payment and Settlement Systems Act, 2007. This move is set to boost India’s position in global trade […]

Germany Becomes the World’s Top Creditor, Overtaking Japan After 34 Years

Germany Becomes the World’s Top Creditor, Overtaking Japan After 34 Years: Germany has overtaken Japan as the world’s top creditor country in 2024, ending Japan’s 34-year reign. This change, driven by current account surpluses, exchange rate dynamics, and structural economic trends, reflects broader transformations in global trade and investment patterns.Germany became the world’s largest net […]