Indonesia, Malaysia renew local currency bilateral swap agreement

September 27, 2024 5:17 PM

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Indonesia, Malaysia renew local currency bilateral swap agreement

The central banks of Indonesia and Malaysia renewed their Local Currency Bilateral Swap Agreement (LCBSA) of up to 5.42 billion dollars on Friday. According to a joint statement released by Bank Indonesia (BI) and Bank Negara Malaysia (BNM), the agreement renewal is effective for five years. The ban...

India, Uzbekistan sign investment treaty to boost investor confidence

September 27, 2024 5:08 PM

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India, Uzbekistan sign investment treaty to boost investor confidence

India and Uzbekistan signed a Bilateral Investment Treaty, BIT in Tashkent on Friday. The Treaty was signed by Finance Minister Nirmala Sitharaman and Deputy Prime Minister of Uzbekistan, Khodjayev Jamshid Abdukhakimovich. The BIT between India and Uzbekistan assures appropriate protection to Uzbeki...

Sensex drops 264 points, Nifty settles at 26,178

September 27, 2024 4:49 PM

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Sensex drops 264 points, Nifty settles at 26,178

Domestic benchmark indices, Sensex and Nifty ended lower, snapping their gaining rally achieved in past sessions. Both the indices had witnessed downfall after surging to fresh all-time highs in the intraday trade on Friday.   At close, the Sensex declined 264 points, or 0.3 percent at 85,571 while ...

Second Mpox case confirmed in Kerala

September 27, 2024 4:30 PM

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Second Mpox case confirmed in Kerala

One more person, a 38 year old man has been confirmed to be infected with the Mpox virus in Kerala.   Sources said the man, who returned to Kochi from abroad, has been admitted to a private hospital for treatment. Tests of his body fluids confirmed the case to be positive.   Meanwhile, State Health ...

Nearly 700 Lives Lost as Israel Intensifies Strikes Against Hezbollah Targets

September 27, 2024 2:13 PM

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Nearly 700 Lives Lost as Israel Intensifies Strikes Against Hezbollah Targets

  In a week of intensifying violence, Lebanon's health ministry reports that nearly 700 people have lost their lives as Israel dramatically escalates its strikes against Hezbollah targets. The Israeli military claims to be focusing on Hezbollah's military capacities and senior commanders, but t...