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Why is India serious about Chittagong Port and Bangladesh?

News India is getting permissions from Bangladesh to use Chittagong and Mongla seaports during Narendra Modi’s upcoming visit on June 6-7. The matter of giving permission of use of two ports was discussed in all the inter-ministerial meetings held so far on Modi’s visit. An inter-ministerial meeting will be held ...

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Banks asked to keep a check on illegal asset flows: Switzerland

News: To act against black money menace, Switzerland will put in place stricter due diligence norms for banks to prevent inflow of illicit assets into the country. Description: Banks would have to terminate their relationship with existing clients in case they are unable to provide the required tax compliance proof ...

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Rs 6,000 crore investment for a new port at Mumbai

News: India’s 13th major port will come up at Dahanu, on fully reclaimed land and the project envisaging an investment of upto Rs 6,000 crore is likely to be completed over in net three years. Key Features: The port would be located 4.5 nautical miles off the Dahanu coast in northern ...

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