India and Maldives Launch RuPay Card Transactions

• India and Maldives launch RuPay card to strengthen financial cooperation.
• The move follows talks between PM Narendra Modi and President Mohamed Muizzu.
• The card aims to simplify transactions for tourists and residents in Maldives.
• This aligns with India's strategy to enhance its regional economic footprint.
• The move signals improved ties after tensions over Maldives’ past pro-China stance.

Source: CNBC