India-Maldives currency swap: RBI’s $400 million support lifts FX reserves; Fitch cites easing of liquidity strain in rating note

India on Saturday welcomed the improvement in the Maldives’ foreign exchange (FX) reserves, noting with satisfaction that the $400 million currency swap between the Reserve Bank of India (RBI) and the Maldives Monetary Authority (MMA) played a significant role in easing the island nation’s external liquidity pressures.The Indian High Commission in Male said it “noted…

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‘Best innings ever by a South African’: Kevin Pietersen hails Aiden Markram’s Lord’s epic as Proteas lift WTC crown | Cricket News

Former England skipper Kevin Pietersen has hailed Aiden Markram‘s match-winning century against Australia at Lord’s as the greatest innings ever played by a South African batter in Test cricket, placing the Proteas opener’s gritty knock above all others in the country’s long red-ball history.Markram scored a sublime 136 off 207 balls in the fourth innings…

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‘Best deal India has ever offered’: India-UK trade pact seen as landmark win in UK Parliament; deal hailed for boosting GDP

The Free Trade Agreement (FTA) concluded with India places Britain at a “genuine” competitive advantage in advanced manufacturing sectors, UK Business and Trade Secretary Jonathan Reynolds told the House of Commons during a debate this week.Fielding questions on the scope and benefits of the deal — agreed last month — Reynolds described the FTA as…

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Bengaluru stampede: BCCI forms three-member committee; to draft victory celebration guidelines | Cricket News

Footwears lie on the ground outside the Chinnaswamy Stadium following a stampede. (PTI Photo) NEW DELHI: In the aftermath of the tragic stampede at Bengaluru’s M Chinnaswamy Stadium that claimed 11 lives, the Board of Control for Cricket in India (BCCI) has decided to formulate standard guidelines for post-match and victory celebrations. On Saturday, June…

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