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Banning of letters of undertaking (LoUs) and letters of comfort (LoCs) by the RBI as trade finance instruments is likely to reduce financial flexibility of importers, a Fitch group company said on Wednesday.

Business

Lanka's Central Bank gets USD 400 million swap from RBI

The total loan was expected to have been disbursed with a seventh tranche by mid-2019.

10 Jan 2019 11:39 AM IST

The Centre has hiked import duty on edible oils to curb cheaper shipments and boost local prices for supporting farmers and refiners. (Photo: Pixabay)

Business

Curb illegal palm, soybean oil imports from Nepal: SOPA to Govt

India meets over 70 per cent of its domestic edible oil demand through imports.

29 April 2019 3:34 PM IST

Narendra Modi and Imran Khan are scheduled to attend the Shanghai Cooperation Organisation (SCO) summit in Kyrgyzstan next month. (Photo: File)

India

Internal politics: Pakistan on no invite for Imran Khan to PMâ€‰Modi...

Former Pak PM Nawaz Sharif had attended PM Modi's swearing-in held in 2014 in New Delhi when leaders of SAARC countries...

28 May 2019 4:40 PM IST

A block of AJK Medical College, Muzaffarabad, named after the slain cleric and separatist leader Mirwaiz Muhammad Farooq, father of incumbent Mirwaiz (chief cleric) Umar Farooq.

India

Row erupts in Valley as UGC bars students from joining PoK institutes

The AICTE asked the J&K government to persuade students not to enrol themselves in any institution in PoK.

17 May 2019 4:58 AM IST

Opinion

With Pakistan, sulking is not the best policy

Maintaining a stance of no dialogue is not the best recipe for securing India's own interests.

16 Jun 2019 3:51 AM IST

SAARC has certain problems. I think we all know what it is, even if you were to put terrorism issue aside. There are issues related to connectivity and trade. If you look at why BIMSTEC leaders were invited for the PMs swearing-in because we see energy, mindset and possibility in it, S Jaishankar said. (Photo: ANI)

India

'Certain problems' in SAARC: Jaishankar hints at Pakistan

Jaishankar's comment can be seen as a veiled reference to neighbouring Pakistan.

6 Jun 2019 3:10 PM IST

The irony in its behaviour, and its impact on Saarc, lies in the fact that it was India that stalled the framing of the Saarc Regional Convention on Suppression of Terrorism (RCST).

Opinion

India stalled framing of Saarc terror convention

India matters enormously to Saarc, and yet, India can and has crippled Saarc.

21 July 2019 12:03 AM IST

Pakistan and India flag (Representational image)

World

Pak summons Indian envoy over alleged ceasefire violation

New Delhi has repeatedly urged Pakistan to 'respect' the 2003 Ceasefire arrangement.

15 Aug 2019 10:33 AM IST

The issue drew attention after the recent suicide by an IIT Kharagpur student, the third such case at the institute in this year.

Business

IIT KGP looks beyond borders

IIT KGP has also received applications from SAARC countries two ASEAN countries and Latin America countries Colombia and...

1 Aug 2019 1:22 AM IST

World

PM Modi, Imran Khan to address 74th UN General Assembly today

Imran Khan is likely to address the UN General Assembly shortly after Modi's speech.

27 Sept 2019 1:12 PM IST

$Jaishankar said Pakistan would remain a \unique challenge\ until it \successfully\ addressed cross-border terrorism and \becomes a normal neighbour\. (Photo: ANI)$ India

'Terror elimination precondition for cooperation, survival':...

S Jaishankar was among the first ministers to arrive for the SAARC Ministerial Meeting.

27 Sept 2019 8:49 AM IST

Pakistan Foreign Minister Shah Mehmood Qureshi said that it takes very little to worsen a situation and he was a promoter of peace. (Photo: AFP)

World

Pak's Qureshi skips Jaishankar's SAARC address, points to Kashmir

Jaishankar had, however, refused to comment on the absence of his Pakistani counterpart during his opening statement.

27 Sept 2019 8:36 AM IST