Business

June 9, 2023 7:23 PM

Eurozone falls into recession as consumers hit by rising prices

The eurozone fell into recession this winter as revised figures show consumers hit by rising prices. The economy of the 20 nation-bloc contracted by 0.1% between January and March, after shrinking in the final three months of 2022. As in other regions, the eurozone has been hit by rising food and en...

June 8, 2023 7:34 PM

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Reserve Bank of India allows banks to use RuPay Prepaid Forex cards

In order to expand payment options for Indians traveling abroad, the Reserve Bank has decided to allow issuance of RuPay Prepaid Forex cards by banks in India for use at ATMs, PoS machines, and online merchants overseas. Governor Shaktikant Das announced some additional measures after informing deci...

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