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An expanded RTGS using major trade currencies would accelerate access to cheaper cross-border payments and remittances. The RBI has often spoken of the need for more cost-effective cross-border payment systems, with deputy governor T Rabi Sankar stating in September 2023 that the prevailing high costs for cross-border remittances were "simply unconscionable".
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What could happen if Donald Trump drastically increases tariffs as he has promised to do?
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Falling launch costs have given African nations a chance to send their own satellites into orbit.
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News and Media
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