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The Reserve Bank of India has permitted Indian banks and their overseas branches to offer rupee-denominated loans to individuals and banks in Bhutan, Nepal, and Sri Lanka. This move aims to simplify cross-border trade and payment systems. Additionally, the RBI has extended the repatriation period for unutilized foreign currency balances held by Indian exporters in IFSC accounts to three months....
India and Bhutan have announced a landmark initiative to establish their first cross-border rail connectivity, linking Bhutan's Gelephu and Samtse to the Indian railway network. This 90-kilometer project, costing Rs 4,033 crore, is fully funded by India under the 'Make in India' initiative. It aims to significantly boost Bhutan's economy and trade, with the MoU formally signed today....
Amidst a global surge in crypto adoption, India's regulatory uncertainty poses increasing risks. Pakistan strategically uses crypto to attract investment and potentially influence US relations, raising concerns about terror financing. Bhutan leverages Bitcoin for economic stability, while the US considers stablecoin regulation....
Der Himalaja-Staat erlaubt Zahlungen über die Kryptobörse Binance. Bhutan verfügt über 1,3 Milliarden Dollar in Bitcoin und betreibt mehrere Miningfarmen...
While New Delhi flexes its military posture to signal resolve both to Beijing and Islamabad, neighbouring microstates like Nepal and Bhutan find themselves compelled to recalibrate their security interests and economic alignments....
Reliance Power and Bhutan's Green Digital Pvt Ltd have signed a deal to build a 500 MW solar power plant, Bhutan's largest, via a joint venture. This ₹2,000 crore project, a major FDI for Bhutan, will boost regional clean energy and cross-border collaboration. Reliance has initiated EPC tendering and is seeking project financing....
Das Bruttonationalglück hat Priorität in Bhutan. Es wird bestimmt durch Regierungsstil, Kultur, Umwelt und Wirtschaft. Doch im Land fehlen Jobs. Wie steht es also um das Glück in Bhutan - und welche Rolle spielen wir dabei?...
Ed Sheeran announced this week he's taking his Mathematics Tour to Bhutan on Jan. 24, 2025 — the first major international concert to be held in the country....
Im Süden des Bhutan soll in den nächsten Jahren eine Stadt der Achtsamkeit entstehen. Ein wichtiges Ziel dabei: Das Land will die Flucht gut qualifizierter, aber arbeitsloser junger Menschen ins Ausland stoppen. Von Peter Hornung....