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24Dec 2024

India-Sri Lanka Economic Partnership Evolution

Syllabus:  GS 2: India and neighbourhood relations Effect of policies and politics of regional countries. Why in the News? Sri Lanka’s new President, Anura Kumara Dissanayake, visited India to strengthen bilateral ties. The visit resulted in agreements focusing on LNG supplies, trade enhancement, education, technology exchanges, and promoting Indian FDI in Sri Lanka. India-Sri Lanka …

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22Nov 2024

India-Maldives Pact to Boost Local Currency Transactions

Why in the news? RBI and Maldives Monetary Authority signed an MoU to promote using Indian Rupee and Maldivian Rufiyaa for cross-border transactions, enhancing trade and deepening economic ties. MoU Between RBI and Maldives Monetary Authority: The Reserve Bank of India (RBI) and the Maldives Monetary Authority (MMA) signed a Memorandum of Understanding (MoU). The …

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