India, Japan sign USD 75 bn currency swap agreement
New Delhi, Oct 29: India and Japan Monday concluded a USD 75 billion bilateral currency swap agreement, a move that will help in bringing greater stability in foreign exchange and capital markets in the country.
The agreement will further strengthen and widen the depth and diversity of economic cooperation between the two countries.
Prime Minister Narendra Modi, who is visiting Japan, and his Japanese counterpart Shinzo Abe held delegation-level talks during which the two leaders discussed a range of bilateral, regional and global issues including the situation in the Indo-Pacific region.
"With a view to enhancing financial and economic cooperation, governments of Japan and India welcomed the agreement to conclude a Bilateral Swap Arrangement (BSA) of USD 75 billion," said India-Japan Vision Statement issued after the summit-level meeting between the two leaders.
The swap agreement, a Finance Ministry's release said, should "aid in bringing greater stability to foreign exchange and capital markets in India...This facility will enable the agreed amount of foreign capital being available to India for use as and when need arises".
Recognising the unparalleled potential for development of relations between the two countries, the prime ministers reviewed the significant milestones achieved over the last four years.
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DU college asks students, staff to follow VC's X account, share posts
New Delhi (PTI): Delhi University's Shaheed Bhagat Singh College has asked its students and staff members to follow the official X account of Vice Chancellor Yogesh Singh and actively share his posts expressing solidarity with the Indian Armed Forces.
In an official notice dated May 12 and signed by Principal Arun Kumar Attree, the Shaheed Bhagat Singh College administration said, "All teachers, staff members, and students of the college are hereby requested to follow the Vice Chancellor Prof. Yogesh Singh's official Twitter (now X) account."
The college community is "encouraged to retweet the posts shared through the platform" as a gesture of support and gratitude towards the country's defence forces, it said.
"By amplifying these messages, we not only raise awareness about their courage and sacrifices but also contribute to building a strong sense of national pride and unity within our community," it stated.
Singh created his X account earlier this month and made his first post on May 8. In a post on May 12, he referred to Operation Sindoor, carried out by India in response to the April 22 Pahalgam terror attack.
In his post in Hindi, Singh claimed that Indian forces "destroyed Pakistani terrorist bases and neutralised more than 100 terrorists, including the hijackers of IC814 and the Pulwama terrorists".
The government and armed forces "do more and say less, keeping national interest paramount", he said.
The post concluded with lines from the Hindi poem "Parshuram Ki Pratiksha" by Ramdhari Singh Dinkar, calling for unity and support for the armed forces and Prime Minister Narendra Modi.
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