News: India is mulling the possibility of joint naval exercises with Japan and Australia to further strengthen the blossoming military relationship between the three countries. India had received a strong protest from China the last time when it had carried out such joint talks with the US in 2007. But ...
Read More »India to keep strategic oil reserves
News The government will start keeping a strategic oil reserve from this month, which would be located at Visakhapatnam in Andhra Pradesh. India had no strategic oil reserve till now and the initiative would help it tide over any crisis on the oil front. The plan is to build a ...
Read More »Delhi- Jaipur Expressway to be completed in next three months
The Union minister had assured that the construction of the Expressway between Delhi and Jaipur will be over by next three months. In the same respect he added that the seaplane facility in the lakes of Rajasthan on the lines of Goa and Mumbai will be initiated soon. This will ...
Read More »Action to be taken against undeclared overseas assets: Tax Authorities
News: Tax authorities will be able to initiate action against those having undeclared overseas assets even after a change in residency if these were held while being an Indian resident. New Regulations: Under the Black money and Imposition of Tax Bill, 2015, which came into effect on April 1, all ‘resident’ ...
Read More »Shell to open largest offshore delivery centre globally in Bengaluru
News: Shell, an Anglo–Dutch multinational oil and gas company is setting up its largest offshore delivery centre globally in Bengaluru. This unit will lead to generation of more than 5,000 jobs in the city. The company has decided to move its IT set-up in Malaysia, US and UK to Bengaluru. Shell has signed ...
Read More »India gets access to transit routes through Bangladesh
News: India’s long-pending request for transit rights have been met through several transport agreements and framework arrangements signed between PM Narendra Modi and Bangladeshi counterpart Sheikh Hasina. Agreement: The erstwhile Khaleda Zia regime had strong reservations against granting such rights to Delhi and as a result, access to landlocked Northeast ...
Read More »Qatar is pushed to reduce the LNG prices
News: Dharmendra Pradhan, has pushed for a reduction in liquefied natural gas (LNG) prices by Qatar, to be in sync with the decline in global rates over the past one year. India buys 7.5 million tonnes a year of LNG on a long-term 25-year contract. Qatar sells LNG at a ...
Read More »Water is not a political issue: Teesta deal
Teesta Deal: The Teesta deal was set to be inked during the then Prime Minister Manmohan Singh’s visit to Bangladesh in September 2011 but was postponed at the last minute due to objections by West Bengal Chief Minister Mamata Banerjee. Teesta water is crucial for Bangladesh, especially in the leanest ...
Read More »Govt imposes anti-dumping duty on some stainless steel imports
News: The finance ministry has imposed anti-dumping duties ranging from $180 to $316 per tonne for some industrial-grade stainless steel imported from China, Malaysia and South Korea in a bid to stem surging imports and protect the domestic industry. The move comes after India’s trade ministry said in March the ...
Read More »Govt to offer subsidised power, diesel and seeds if rains fail
News: To tackle the monsoon deficiency the government of India is planning to implement certain steps which would be a help to the farmers. Based on review of actual rainfall status and if situation warrants, the ministry would approach the Cabinet Committee on Economic Affairs (CCEA) for approval for the ...
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