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 ...

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 ...

News: Australia has lined up investments worth USD 10 billion for India as it is looking for greater co-operation with the country. Description: Australian High Commissioner to India Patrick Suckling  has said that one of the key elements of Indian foreign policy is ensuring its energy security and Australia can ...