India, China need to work together
KOLKATA: Consul General of People’s Republic of China in Kolkata Maa Zhanwu has said his country along with India needed to work together for greater welfare of the world. The relations between the two countries have seen much progress and the meeting with India Prime Minister Narendra Modi and Chinese President Xi Jinping in July […]
India signs air services agreement with Morocco
NEW DELHI: India and Morocco have signed the revised Air Services Agreement between the two countries enabling greater connectivity through a modernized agreement. The delegation of the two countries have met three times in the past years wherein they have worked towards liberalization of markets between the two countries and updating of the existing Air […]
Mastercard, Mahendra Singh Dhoni team up to accelerate digital payments in India
NEW DELHI: Cricketer Mahendra Singh Dhoni (MSD) has joined Mastercard’s ongoing efforts to build a Less-Cash India. Under this partnership, MSD, along with Mastercard will build awareness about digital payments through a Cash-to-Digital campaign. The campaign will aim to educate consumers and merchants about the convenience, wide acceptance, and safety and security features of debit […]
India signs S$ 74 million financing loan agreement with World Bank
NEW DELHI: A Loan Agreement for IBRD Credit of US$74 million equivalent for the Uttrakhand Workforce Development Project (UKWDP) was signed with the World Bank here today. The Loan Agreement was signed by Sameer Kumar Khare, Additional Secretary, Department of Economic Affairs, Ministry of Finance, Government of India on behalf of the Government of India […]
India urges G-20 members to focus on services for enhancing global trade
NEW DELHI: India’s commerce and Industry Minister Suresh Prabhu led the Indian delegation for the G-20 Trade Ministers Meeting (TMM) held at Mar del Plata, Argentina on 14 September 2018. The G-20 TMM was represented by Ministers/Vice Ministers of G20 countries, 8 guest countries and 7 Heads/Deputy Heads of International Organisations such as WTO, ITC, […]
India modifies operational guidelines for Pradhan Mantri Fasal Bima Yojna
NEW DELHI: The Government of India has decided to incorporate the provision of penalties for States and Insurance Companies for the delay in settlement of insurance claims under the Pradhan Mantri Fasal BimaYojana (PMFBY). This crucial provision is part of the new operational guidelines issued by the Govt for the implementation of PMFBY.The farmers will […]
India again extends deadline to impose high import duties on 29 USA products till November 2
NEW DELHI: The government of India , for the second time, has extended the deadline for the imposition of higher customs duties on 29 products, including almond, walnut and pulses, imported from theUnited States of America (USA), till November 2. In June, India decided to impose retaliatory tariffs from August 4. But it was extended […]
India eyes record 285.2 MT foodgrain output in 2018-19
NEW DELHI: The government of India has set a target of record 285.2 million tonne (MT) foodgrain production in the 2018-19 crop year despite deficit rains so far this monsoon. India harvested a record 284.83 MT of foodgrain in the 2017-18 crop year (July-June). The target for 2018-19 crop year was set at a conference […]
Air Tanzania to soon resume direct flights to India
By Shah Imran Ahmed CAIRO: Air Tanzania will soon resume services to India with direct flights to Mumbai from Tanzanian city Dar Es Salaam, an official said on Monday. Air India and Air Tanzania had direct flights between the two countries but the operations were stopped in mid-1990s due to commercial reasons. “Air Tanzania has […]
Indian Rupee sinks to new low of 72.91, drops 22 paise against USD
NEW DELHI: The Indian rupee of Wednesday collapsed to a lifetime low of 72.91 against the dollar at the interbank foreign exchange market. The domestic currency was quoting 22 paise lower at a fresh record low of 72.91 against the US dollar in morning trade amid surging crude oil prices and uanabated foreign fund outflows. […]