India Introduces Electronic Tracking System for Nepal-bound Cargos
This is a significant step towards automating customs transit facilitation between the two countries and renews the commitment of government of India to improve the transit facilities for Nepalese trade, the Indian embassy in Nepal said in a statement.from Top Business News- News18.com http://bit.ly/2GwOBFE
In April 2014, former senior executives of Cognizant, Coburn and Schwartz allegedly authorised an unlawful payment to one or more foreign government officials in India to secure and obtain a necessary permit to open a new office campus.
India's forex reserves comprise Foreign Currency Assets (FCAs), gold reserves, Special Drawing Rights (SDRs) and India's position with the International Monetary Fund (IMF).
Debt-laden Jet Airways board on Thursday approved a bank-led provisional resolution plan (BLPRP) which will pave the way for conversion of the airline's debt into equity, making lenders the largest shareholders in the company.
Recently IDBI and LIC officials met Department of Financial Services senior officials and are said to have taken up the matter of fresh capital infusion. LIC has not commented so far.
The RBI conducted its first asset quality review (AQR) of banks in 2015 in order to find corporate loan accounts with severe financial weakness which were still classified as standard accounts on the books of the lenders.
The Commerce Ministry in a statement said the issues were addressed by the senior officials and will be taken up in the forthcoming meeting of the Committee of Exports and the GST Council.
According to data from the commerce ministry, exports during the month increased to USD 26.36 billion, compared with USD 25.41 billion in January 2018.
Forex traders said heavy selling in domestic equities coupled with foreign capital outflows affected the movement of the rupee.
The discounted tickets are applicable to all bookings made through the airline's website and Mobile app, the airline said in a statement.
Market staged a sharp recovery from the bottom, confirming support for the market at lower levels, said Sunil Sharma, chief investment officer, Sanctum Wealth Management.
The strengthening of the US dollar and persistent outflow from the domestic capital market weighed on the domestic currency.