Bhutan Financial News

ANI, Ritesh Shukla said that India and France have just signed the agreement and Prime Minister Narendra Modi announced it during his visit to France. He said that they are working on creating readiness on both sides with banks in India and merchants in France. Speaking about the commencement of UPI operations in France, Shukla said, "We are working on creating readiness on both sides with banks in India and with merchants in France and I think it will take about three to four months for us to go live, so we are working towards making that happen." Indian tourists visiting France will now have the convenience of paying for Eiffel Tower tickets and other attractions in rupees, following an agreement between both countries to utilize the Indian government's Unified Payments Interface (UPI).

India has significantly improved its passport ranking by rising 5 spots from last years and is now ranked 80th in the latest Henley Passport Index. Owning to this, Indians can travel to 57 destinations completely visa free or visas on arrival arrangements.  However, it is to be noted here that India has scored poorly in mobility.

The largest reptile sanctuary in the US, based in Arizona, wants to import six gharials and mugger crocodiles from Tamil Nadu to help conserve these endangered species. As per a notification issued under the Endangered Species Act (ESA), the Phoenix Herpetological Society has requested permission from the US Fish and Wildlife Service.

disaster management team meeting at Uttar-Kannya Secretariat, near Siliguri, on Monday evening, Partha Bhowmick engaged with secretaries of disaster management, five district superintendents of police (SPs), district magistrates (DMs), and other officials. Also read: Himachal Pradesh floods: IMD issues alert for next 2 days; death toll climbs to 108 Speaking to ANI, State Irrigation Minister Partha Bhowmick emphasised that the region is facing substantial challenges during the monsoon due to the lack of advance weather information from Bhutan. He said, "During this monsoon session we are facing huge problems due to Bhutan.

PTC India is planning to provide round-the-clock (RTC) power offerings by «blending» green energy with thermal, its CMD Rajib Kumar Mishra has said. The offerings will also include storage solutions, the official made the remarks at the company's 24th Annual Day in the national capital. «PTC India stands strong and focused on taking up market risks and positions.

S Jaishankar on Monday met his counterparts from Nepal and Bangladesh here and agreed to work closely to implement the agenda of cooperation set out by the leaderships and exchanged views on regional issues. Jaishankar is here in the capital of Thailand and participated in the BIMSTEC retreat. The Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) is a regional grouping that comprises India, Sri Lanka, Bangladesh, Myanmar, Thailand, Nepal and Bhutan.

Disaster Management Authority (ASDMA) daily flood report indicated that over 98,800 people are affected in Sonitpur, Chirang, Darrang, Dhemaji, Dibrugarh, Golaghat, Lakhimpur, Majuli, Sivasagar, and Udalguri districts. Assam state went on high alert following the release of water from Bhutan’s Kurichhu dam, the flood situation in Assam worsened and still remains grim as rescue efforts are underway. Among the worst-hit areas, Golaghat witnessed nearly 29,000 affected individuals, followed by Dhemaji with 28,000 and Sivasagar with 13,500, the report mentioned.

Bhutan Kurichhu dam has not led to severe flooding along the villages in Assam's Baksa and Chirang districts. This has been made possible following regulated and controlled release of water from Kurichhu Hydropower Plant. Speaking to reporters at Assam House here on Saturday, Assam Chief Minister, Himanta Biswa Sarma disclosed that the Government of Assam had urged the Bhutan Government to release water from the dam in a 'controlled way' in the morning hours, instead of at night.

Disaster Management Authority (ASDMA). The state was heavily affected due to flood like situations after the release of water from neighbouring country Bhutan. Out of the total districts, 17 were hit the most including Baksa, Biswanath, Bongaigaon, Chirang, Dhemaji, Dhubri, Dibrugarh, Golaghat, Jorhat, Kokrajhar, Lakhimpuyt, Majuliu, Nagaon, Nalbari, Sivasagar, Tamulpur and Tinsukia.

Assam chief minister Himanta Biswa Sarma tweeted,” The Royal Government of Bhutan has informed us that tonight there will be an excess release of water from the Kurichu Dam. We have alerted our district administrations to remain vigilant and assist the people in every possible way in case the water breaches the Beki and Manas rivers”.

France may adopt India's Unified Payments Interface (UPI) for faster payments, according to media reports. As per reports, the two countries will discuss the launch of UPI in France during Prime Minister Narendra Modi's visit. The launch will be along the lines of India-Singapore fast payment linkage.

According to Global Firepower, a prominent data website specializing in defence-related information, the United States possesses the most powerful military force worldwide. Russia and China follow closely in second and third place, respectively, while India secures the fourth position.

Barauni-Guwahati Natural Gas Pipeline being executed by GAIL (India) Limited as part of Pradhan Mantri Urja Ganga project, by completing tunnelling under the confluence of Kanamakra, Aie & Manas River in Chirang District in Assam, near Bongaigaon city. This marks the end of micro tunnelling in the project, with Ace Energy now having completed construction of a tunnel of diameter 1600 mm across a total length of 1200 meters at a depth of 11-12 meters under the river bed, with strata consisting of extremely hard and abrasive boulders and a river flowing upto its brim for the past three months owing to the flooding in its upper reaches in Bhutan.

RBI, which is supposed to have the last word on rupee? The letter made no difference. Punters had the last laugh. Those days, RBI either sharply reacted to such phenomena, or shut its eyes when there was nothing it could do — as it refused to acknowledge the flourishing non-deliverable forward (NDF) market in Singapore, London and New York where big banks took positions on `/$ forwards and settled the trade in dollars.

NEW DELHI : The Centre will devise a strategy to tap export markets for Indian coal as domestic production sets new records, Union minister of parliamentary affairs, coal and mines Pralhad Joshi said. In an interview, Joshi said India already exports around 2 million tonnes (mt) of coal to its neighbours. He said that after the recent lithium finds in Jammu and Kashmir and Rajasthan, the Geological Survey of India (GSI) has begun six projects on lithium investigation in Chhattisgarh, Meghalaya, Jammu & Kashmir, and Andhra Pradesh.

equality and social justice, the Assembly Judiciary Committee of California recently conducted a hearing for Senate Bill 403 (SB403), which aims to prohibit caste discrimination, according to a report published by ABC10.  If passed, California would become the first state in the United States to explicitly ban caste-based discrimination by including caste as a protected category under the state's Unruh Civil Rights Act, as well as fair housing and employment laws. The bill has been passed by the Assembly Judiciary Committee, and now it will move to the Appropriations Committee.

Bhutan, a South Asian kingdom nested in the Himalayan mountains, has recently revealed a secret that stunned the international financial market: the country has been quietly mining crypto for years without telling a soul - including its own citizens.

Bhutan without any license for one more year till June 2024. Earlier, it was allowed till June 30 this year. «Import of potatoes...is allowed from Bhutan without any import license, up to June 30, 2024,» the directorate general of foreign trade (DGFT) said in a notification.

Bhutan without any license for one more year till June 2024. Earlier it was allowed till June 30 this year.

Erasmus Mundus scholarships for the degree programmes starting in the academic year 2023-24. Under this scholarship, selected students will be fully-funded by the European Union and will have an opportunity to study and conduct research in at least two universities located in different European countries and obtain a joint, double or multiple degree. The delegation of the European Union to India on Friday organised an event for the departing Indian students to mark this milestone. In 2022, 161 Indian students received the Erasmus Mundus scholarship. «I am pleased to share that 174 Indian students have won the Erasmus scholarship this year, beating the figure of 161 Indian students from last year. Given how competitive the Erasmus programme is, this deserves a big applause. »The Erasmus+ programme not only offers students state-of-the-art education opportunities and professional development, but also allows them to gain rich cultural experience and a unique opportunity to explore Europe's diversity. I wish all the students an enriching journey," said HE Seppo Nurmi, Charge d' Affaires of the EU delegation to India and Bhutan.

PTC India Ltd has clocked 16 per cent growth in its power trading volumes during the first quarter of this fiscal and hopes for around 20 per cent rise in the entire 2023-24, driven by targeted segment wise trade and innovative products, according to CMD Rajib Kumar Mishra. PTC India's trading activities include long-term trading of power generated from large power projects and short-term trading arising from supply and demand mismatches, which inevitably occur in various regions of the country. The company also has a mandate to trade electricity with Bhutan, Nepal, and Bangladesh.