Page-31 of India-International Relations

Russia removes ban on non-basmati rice and oilseeds imports from India

In what can be a major boost to Indian agricultural exports,  Russia has removed the ban on import of non-basmati rice and oilseeds from India. Why Russia had earlier imposed a ban on import of Indian non-basmati rice and oilseeds? ..

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India suggest to avoid any action against Syria without UN report

India is not in support of any action against Syria without a report of the UN Inspectors on the alleged use of chemical weapons and it asserted that no action should be taken without UN authorization. Prime Minister Dr. Manmohan ..

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Current Affairs: Top Headlines September 6, 2013

Iran to set free Indian tanker after 24 days of detention Iran ordered release of an Indian tanker detained by it for the past 24 days at its Bandar Abbas port after being seized in Persian Gulf while carrying crude ..

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Current Affairs: Top Headlines for September 3, 2013

Moortidevi award to Haraprasad Das Noted poet, Haraprasad Das has been honored with the Moortidevi Award for 2012 for ‘Vamsha’, a poetic recreation of the Mahabharata in contemporary dialect, which has been heralded as a post-modern masterwork. Food Security Bill passed ..

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India considers Iran for its oil import to slash import bill, CAD

With rupee declining to record lows impacting the import bill and Current Account Deficit (CAD) severely, the Oil Ministry has formulated a plan to save $22 billion in the oil import bill from Iran thus helping slash the CAD. Due to sanctions ..

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Afghanistan permits SAIL to develop Hajigak assets in phases

Afghanistan conveyed the SAIL-led team that it did not have any objections to the $10.8 billion iron ore and steel plant project being developed in phases in Hajigak Mine. Where is Hajigak mine? Hajigak Mine is the best known and largest ..

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India urges U.S. to renew GSP scheme

India has expressed to the United States that it must issue an immediate renewal of the US Generalised System of Preferences (GSP) programme that expired on July 31, 2013. What is the importance of the Generalised System of Preferences (GSP) programme? The GSP ..

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RBI eases portfolio investment scheme for NRIs

The Reserve Bank of India eased the rules governing portfolio investments such as equity and debt by Non-Resident Indians (NRIs) to pull in foreign currency. Under the Portfolio Investment Scheme (PIS) for NRIs, banks were given a unique code for ..

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India’s sovereign outlook remains negative on S&P ratings

Global sovereign rating agency Standard & Poor’s said it will maintain negative outlook for the India as currency depreciation is adversely impacting investors’ confidence. They will maintain a negative outlook on India’s BBB sovereign credit ratings. S&P’s statement came when the ..

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World Bank and India ink credit pact for Low income Housing Finance Project

The Government of India and the World Bank signed a $ 100 million credit agreement for providing assistance to Low Income Housing Finance Project aimed at helping low income households to secure loans to purchase, build or upgrade their dwellings. ..

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