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India, Malaysia can now settle their trade in Indian Rupee

India, Malaysia can now settle their trade in Indian Rupee

Apr 02, 2023, at 07:20 am

New Delhi: India and Malaysia can now settle their trade in Indian Rupee (INR) in addition to the current modes of settlement in other currencies, the government announced on Saturday.

Union Bank of India sets up mechanism for India-Malaysia trade in INR

Union Bank of India sets up mechanism for India-Malaysia trade in INR

Apr 01, 2023, at 09:17 pm

New Delhi: Public sector Union Bank of India has operationalised the mechanism to allow Indian and Malaysian traders to invoice and settle the trade in Indian Rupee (INR).

World Bank lowers Malaysia's growth to -0.1 pct on COVID-19 impact

World Bank lowers Malaysia's growth to -0.1 pct on COVID-19 impact

Apr 01, 2020, at 12:45 pm

Kuala Lumpur/Xinhua/UNI:  The World Bank on Tuesday revised down Malaysia's gross domestic product (GDP) growth projection this year sharply to -0.1 percent from 4.5 percent, to reflect the severity of the economic impact of the COVID-19 outbreak.

World Bank lowers Malaysia's growth to -0.1 pct on COVID-19 impact

World Bank lowers Malaysia's growth to -0.1 pct on COVID-19 impact

Mar 31, 2020, at 12:21 pm

Kuala Lumpur/Xinhua/UNI: The World Bank on Tuesday revised down Malaysia's gross domestic product (GDP) growth projection this year sharply to -0.1 percent from 4.5 percent, to reflect the severity of the economic impact of the COVID-19 outbreak.

Government of India’s UJALA scheme launched in Melaka, Malaysia

Government of India’s UJALA scheme launched in Melaka, Malaysia

Sep 06, 2017, at 11:06 pm

Melaka, Sept 6 (IBNS): A yet another massive feat of energy efficiency was achieved by Government of India through initiation of the UJALA scheme in Malaysian State of Melaka on Wednesday.