News: In its fight against black money, India signed an information exchange agreement with Seychelles on tax matters, along with pacts to deepen ties in security and defence among other areas. India and Seychelles also signed four other agreements including one on air connectivity and the other for supply of ...
Read More »No immediate advantage to exporters from rupee fall
News: In line with crash in equities the rupee tumbled sharply by 82 paise — its biggest single day fall this year — to settle at 66.65 against the US dollar as global meltdown fears remained unabated. Federation of Indian Export Organisation (FIEO) President S C Ralhan said that such high ...
Read More »Haier to invest over Rs 100 cr in Pune manufacturing unit
News: Hair has announced an additional investment of over Rs 100 crore for its Pune-based manufacturing facility, taking the total to Rs 465 crore. The company plans to scale up manufacturing operations and launch new product lines in washing machines, AC, LED panels, water heaters and deep freezers. The increase ...
Read More »PM eyes UAE’s $800 billion sovereign fund to boost infrastructure spending
News: PM would try to lure a share from $800-billion sovereign fund of the UAE for infrastructural needs as well as give momentum to Bilateral Investment Protection Agreements (BIPA) that has not functioned to its potential to attract investments. The two sides had signed the BIPA two years back but ...
Read More »Online Police Verification for Issuing Fresh Passports
News: Under the Passport Seva Project, out of 728 police districts in the country, 654 districts have already been integrated with Passport Seva system for online police verification for issuing fresh passports and renewal of passports. As per January – June, 2015 passport services data, the average time taken by ...
Read More »UK to be on India’s e-visa system from Independence Day
News: The UK is among 36 new countries to be added to India’s electronic visa system from Independence Day, taking the number of nations on the list to 113. The e-visa route will allow British nationals flying to India for tourism and recreational purposes to apply and pay for their ...
Read More »India, Egypt to enhance ties for waterways development
News: India, at present, has only five National Waterways and many of the stretches are not functional. Road Transport and Highways Minister Nitin Gadkari called on his Egyptian counterpart to discuss ways to improve bilateral ties in the waterways and ports sectors. The talks to enhance cooperation in the area ...
Read More »Government signs landmark Nagaland peace treaty with NSCN(I-M) in presence of Modi
News: The Narendra Modi government has signed a “historic peace agreement” with Nationalist Socialist Council of Nagaland (NSCN-IM), the Naga outfit named after its two leaders, Isak Chishi Swu and Thuingaleng Muivah, concluding talks that began in 1997. Sources said other options discussed during talks was more autonomy to the ...
Read More »Iran Deal and India- Geopolitics
News: The framework agreement between P5+1 States and Iran ended up in the following way: The ‘great powers’ finally reconciled to an Iranian bomb, albeit making it tougher for Iran to make the N-bomb in the future. In return, Iran was assured that it would be freed from the burdens ...
Read More »India to help modernise Myanmar Army and Navy to broad-base defence partnership
News: Myanmar, considered one of India’s strategic neighbours, shares a 1,640-km-long border with a number of northeastern states including insurgency hit Manipur. Myanmar is India’s gateway to Southeast Asia and key to Modi government’s Act East policy, under which India now wants to conclude the pending development projects at a ...
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