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India-Singapore relations take a leap forward

September 6, 2024/

During Prime Minister Narendra Modi’s two-day visit to Singapore, India and Singapore signed four agreements to strengthen cooperation in semiconductors, digital technologies, skill development, and healthcare. Singapore is India’s 6th largest trade partner, accounting for 3.2% of India’s total trade.  Image Source: PIB India and Singapore have elevated their bilateral...

India and Singapore commit to strengthening ties in new areas

August 27, 2024/

The Comprehensive Economic Partnership Agreement (CEPA) has significantly increased bilateral trade, and Singapore remains a major source of foreign direct investment for India. Going forward, India and Singapore are deepening their financial and economic ties, focusing on digital connectivity, fintech, and the green economy. Recent meetings reviewed progress and explored...

Green finance can help mobilise private investments

October 4, 2023/

Financial institutions such as banks are going aggressively towards green financing across the world. In India as well, banks are providing loans and financing options for renewable energy projects, energy-efficient building construction and retrofits, and other green initiatives.  A framework for accepting green deposits was made public by the Reserve...

India’s UPI ready to go global?

February 22, 2023/

India’s real-time retail payment system Unified Payments Interface (UPI) has been officially linked with Singapore’s PayNow, and is simultaneously finding acceptance across other markets. With this latest development, people in India & Singapore would be able to send money in real time via a QR code or via their mobile...

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