maldves

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….

npa

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…

af

Faustin-Archange Touadéra: Central African Republic’s New President

Faustin-Archange Touadéra took the oath of office in the capital, Bangui. The swearing-in ushers in the country’s first elected leader since Muslim rebels overthrew Francois Bozize’s government more than three years ago. CROSS REFRENCES The Central African Republic (CAR),an African…

ecommerce-12-638

GOVT DEFINES E-COMMERCE MARKET PLACE RULES, ALLOWS 100 % FDI

The government on allowed 100% foreign direct investment (FDI) in online retail of goods and services under the so-called “market place model” through the automatic route, seeking to legitimize existing businesses of e-commerce companies operating in India.Marketplaces essentially act as…