Extending its support to Saarc Bank, Sri Lanka on Thursday said the proposed financial institution will help in alleviating poverty in the South Asian region.
Reserve Bank on Tuesday launched mobile application 'RBIDATA' which will provide access to more than 11,000 different series of economic data related to the Indian economy. The mobile app offers macroeconomic and financial statistics relating to the Indian economy in a user-friendly and visually engaging format, Reserve Bank of India (RBI) said in a release.
The existing SAARC Development Fund could be merged into the bank.
Consider this: despite a traffic of over 130 million passengers flying international-to-international (I2I) routes per annum over India, only one-sixth of the long-haul traffic (26 million) emanates from the country.
P K Mishra, a retired IAS officer of the Gujarat cadre, is currently serving as the principal secretary to the prime minister.
The Cabinet Committee on Security (CCS) met on Wednesday under the chairmanship of Prime Minister Narendra Modi and firmed up the responses to the terror attack.
India and other Saarc countries have decided to work towards creation of a South Asian Economic Union and establishment of a regional food bank.
This will be External Affairs Minister K Natwar Singh's first visit to Pakistan after assuming office.
Pakistan's High Commissioner to India Abdul Basit on Wednesday hoped that Prime Minister Narendra Modi's visit to his country during the next SAARC meet would go beyond SAARC issues.
It is time the political leaderships in this country arrived at a common ground over issues of foreign and security policy concerns. There has to be a greater communication between the government and the Opposition leaderships for the nation to present a unified face against the rest of the world, advises N Sathiya Moorthy.
Borrowers should be careful if the app promises too-quick disbursal, and doesn't provide adequate information on the terms of the loan, such as interest rate, repayment schedule, etc.
He added that the risks can increase if the Chinese slowdown gathers more speed.
India will look to play a key role in the APEC, EU and Africa regions to increase its competitiveness.
New Delhi has reached out to neighbours like seldom before while singling Islamabad for criticism at international forums.
'There is nothing that Pakistan has done which deserves a resumption of dialogue. The assurances made in Ufa contain no commitment except a whole range of talks, which could take place without the paraphernalia associated with a joint statement of prime ministers.'
The South Asian nations could script a new history of cooperation and prosperity that could serve as an example for other nations, notes Dr Rahul Mishra.
He also said it was important that even during the difficult moments of this "crisis" India has been communicating and engaging with China.
Companies from both sides have shown interest in entering the energy, cement, healthcare, and hospitality segments. Banking is also likely to draw some interest.
The RBI is scheduled to review its short-term lending rates on Tuesday, amidst apprehensions that it may not go in for interest rate cut even as the pause on the hikes may continue.
Bankers see upward pressure on interest rates after the Reserve Bank raised two key short-term rates in the busy season credit policy of October.
The first to see price hikes will be soaps. In the past six months, domestic palm oil prices have increased by 46 per cent. Palm oil is a key input going into soaps.
The Shanghai Cooperation Organisation is very much aligned with the foreign policy priorities of the Modi 2.0 government, says Sana Hashmi.
CDMA mobile pioneer Qualcomm is banking on BREW (Binary Runtime Environment for Wireless), its open source application development platform for wireless devices, to deliver the next killer-app for the fast-growing data services market.
Security will be a consideration, as would protocol, but given Modi's penchant for the unconventional, it should not come as a surprise if he indeed decides to attend the ceremony in Kabul, says Ramesh Ramachandran.
Pakistan's prime minister is trying to use the unrest in Kashmir to save his government, says Ambassador G Parthasarathy, a former high commissioner to Islamabad.
B S Prakash takes a tongue-in-cheek look at what India's neighbours think about the proposal of a SAARC satellite.
'Terrorism continues to be the overwhelming threat to security and stability in the SCO region and therefore Dr Jaishankar strongly pitched for 'collective action',' observes Dr Rajaram Panda.
India's full membership of the grouping would extend its reach to the Central Asian region in whose peace and stability it is a major stakeholder, says Sana Hashmi.
FM said every major terrorist incident in the world has a 'Pakistani footprint' around it.
India's national security strategy needs to be revised periodically since the global and regional geopolitical situation is dynamic, points out Commodore Venugopal Menon (retd).
'Secretiveness and the element of surprise in announcing decisions marks the Modi style of diplomacy. From being a voluble politician, he became a reticent statesman... But the diplomatic dance is performed on thin ice and his adroitness is still to be proved,' says Ambassador T P Sreenivasan.
Because of the treaty, no big dams or power projects can be built by India on Jhelum, Indus or Chenab.
Prime Minister Narendra Modi on Tuesday held talks with his Nepalese counterpart Sushil Koirala on key strategic issues after which ten agreements, including a pact on $1 billion assistance to Nepal, were inked.
Over a year after the deadline to grant Most Favoured Nation (MFN) trading status to India, the Pakistani government on Thursday declined to specify any time limit to meet the long-pending demand from here.
Dream rally: Investors' wealth doubled in 5 years in India's equity market on Friday.
Vajpayee's ashes will be immersed in rivers in all the districts in Uttar Pradesh -- his karmabhoomi.
How China's all powerful Communist party bungled the response to the coronavirus crisis.
Don't reveal any information to strangers.
For the CBI, crimes are likely to become more innovative, complex, driven increasingly by technology and transcending geographical boundaries, says Anil Kumar Sinha.
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