Page-29 of India-International Relations

FIPB nod to Tata-SIA airlines

October 25, 2013

The Foreign Investment Promotion Board (FIPB) gave approval to Tata-SIA Airlines Ltd. – an upcoming joint venture of Singapore Airlines and Tata Sons entailing an initial foreign investment of USD 49 million. This is Tata’s second venture in the aviation sector ..

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Indo-Bangladesh extradition treaty comes into effect

October 25, 2013

The India and Bangladesh extradition treaty came into effect with the handing over of the instruments of ratification. The treaty was signed in January 2013. How would Indo-Bangladesh Extradition Treaty help? With the treaty coming into effect, both the nations ..

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More transparency expected from China with Trans-border River Agreement in place

October 24, 2013

In another major confidence building measure between India and China, both nations inked Trans-Border River Agreement (TBRA). The pact extends a previous MoU to provide hydrological date in the flood season to cover a longer time period. Unlike the current ..

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ONGC Videsh Ltd bags two oil blocks in Myanmar

October 24, 2013

ONGC Videsh Ltd (OVL), the overseas arm of state-owned Oil and Natural Gas Corp, won two oil blocks in Myanmar in Onshore Blocks Second Bidding Round-2013. As per the list of winners released by the Myanmar’s Energy Ministry, OVL won ..

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India, China ink Border Defense Co-operation Agreement

October 24, 2013

In a significant international development, India and China inked a BDCA (Border Defence Co-operation Agreement) which stipulates among a set of confidence building measures that in any face-off on the Line of Actual Control (LAC) they will not use force or ..

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IFC launches $ 1 billion offshore rupee bonds to strengthen India’s Capital Markets

October 14, 2013

International Finance Corporation (IFC) launched a $1 billion offshore bond programme to strengthen India’s capital markets and attract greater foreign investment. Under the programme, IFC will issue rupee-linked bonds and use the proceeds to finance private sector investment in the ..

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India-Bangladesh power transmission link opened

October 11, 2013

In a historic event, Prime Minister Manmohan Singh inaugurated  the India- Bangladesh Grid interconnection in Bangladesh through a video-conference. The key 71-km Baharampur-Bheramara transmission link between the electricity grids of the two countries will boost the ties between the two ..

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IGI and Birmingham airport ink ‘Sister Airport Agreement’

October 10, 2013

With an aim to further strengthen trade and tourism links between the two cities, the Indira Gandhi International Airport (Delhi) and Birmingham Airport entered into an MoU called Sister Airport Agreement.  While 36 million passengers and over half a million ton of cargo ..

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"A4AI": Alliance aimed at bringing down cost of internet access launched

October 8, 2013

A number of government bodies, NGOs and private companies have formed a coalition named Alliance for Affordable Internet (A4AI) which aims at reducing the cost of internet access worldwide. The coalition will push for policy and regulatory reforms to bring down the ..

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India tops the list of recipient of foreign remittances

October 8, 2013

As per the World Bank report- Migration and Remittance Flows: Recent Trends and Outlook-2013-16, India is the largest recipient of foreign remittances among developing economies in 2013. Migration and Remittance Flows: Recent Trends and Outlook-2013-16 report: Non-Resident Indians (NRI) remitted a ..

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