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President nominated 6 eminent personalities to Rajya Sabha

The Govt. nominated six distinguished personalities of different fields for the Rajya Sabha. The latest nominees for the Rajya Sabha membership are Mary Kom, Navjot Singh Sidhu, Subramanian Swamy, Narendra Yadav, Swapan Dasgupta and Suresh Gopi. The nominees for the Rajya…

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EXPANSION OF INDIA-CHILE PREFERENTIAL TRADE AGREEMENT

The Union Cabinet has given its approval for expansion of India – Chile Preferential Trade Agreement (PTA) between India and Chile, under which 86% of India’s exports to Chile will get covered for concessions. India has friendly relations with Chile. Chile…

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BRICS BANK OKAYS FIRST LOAN OF $811 MN FOR GREEN ENERGY

The New Development Bank (NDB), formed by the BRICS group of emerging nations, has approved its first loans – $811 million for renewable energy projects in Brazil, China, India and South Africa.                           The BRICS bank, with authorised capital of…

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India, Maldives signed six agreements to deepen bilateral cooperation

India and Maldives signed six agreements in different sectors including avoidance of double taxation, conservation and restoration of ancient mosque, tourism and defence. The agreements were signed after comprehensive talks between Prime Minister Narendra Modi and visiting Maldives President Abdulla Yameen Abdul Gayoom….

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Bank Board Bureau’s first meeting discusses stressed assets

The first meeting of the recently-formed Bank Board Bureau (BBB) met  at the RBI headquarters in Mumbai and discussed issues of non-performing assets (NPAs), or bad loans, as well as strategies for recapitalising banks. Taking the first step towards a holding company…