India & World

GEORGIA, MALDOVA TO SIGN EU PACT NEXT MONTH

European Council President Herman Van Rompuy said on Wednesday that Georgia and Moldova would sign an EU Association Agreement next month, Georgia and Moldova initialled the agreements on political association…

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NORWEGIAN GENERAL BECOMES FIRST WOMAN COMMANDER TO HEAD UN PEACEKEEPING FORCE

UN Secretary General Ban Ki-moon appointed Maj. Gen. Kristin Lund, the first woman to command a United Nations peacekeeping force — a Norwegian general who has served in Lebanon, the…

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EXPORTS DECLINED IN MARCH

India’s exports declined 3.15% in March, limiting the growth rate for 2013-14 to about 4% and falling short of the annual target by about $13 billion even as the trade…

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RBI GIVES BANKING LICENCE TO IDFC, BANDHAN FINANCIAL

The Reserve Bank of India (RBI) has decided  to grant “in-principle” approval to two applicants viz., IDFC Limited and Bandhan Financial Services Private Limited, to set up banks under the…

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RBI ANNOUNCED BI MONTHLY MONETARY POLICY

The Reserve Bank of India( RBI), in its first bi-monthly monetary policy statement, left the short-term lending rates, or repo rate, unchanged at 8 per cent and the cash reserve…

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RUSSIAN PRESIDENT VISITED CRIMEA

Russian Prime Minister Dmitry Medvedev became the first Russian leader to visit Crimea since Moscow seized the Black Sea region from Ukraine, promising to shower economic benefits on the area…

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INDIA WORLD’S THIRD LARGEST ECONOMY IN TERMS OF PPP: WB

India has displaced Japan to become the world’s third biggest economy in terms of purchasing power parity (PPP), according to a World Bank(WB) report. The 2011 round of the bank’s International Comparison Program (ICP) ranked India after…

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