India is a favourite destination for investments
New Delhi-The Vice President of India M Venkaiah Naidu said that a steady growth rate of almost 7% coupled with a series of reforms made India, the most favourite destination for investments in the world. Shri Naidu said that it
RBI imposes of Rs 30 million penalty on Citibank NA India
New Delhi-The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs 30 million on Citibank NA India (the bank) for deficiencies in compliance with the RBI instructions on Fit and Proper criteria for directors of banks. This
MoU between India and Japan on Single Window to promote Ease of Doing Business in India
New Delhi-The Union Cabinet chaired by Prime Minister Narendra Modi has approved the Memorandum of Understanding between India and Japan on Development of Advanced Model Single Window.The MoU would lead to cooperation between India and Japan on the development of
Reserve Bank releases guidelines on Tokenisation for Card Transactions
New Delhi-The Reserve Bank has released guidelines on tokenisation for debit, credit and prepaid card transactions as a part of its continuous endeavour to enhance the safety and security of the payment systems in the country. Tokenisation involves a process
Modi and Trump expressed satisfaction at the progress in strategic partnership
New Delhi-Prime Minister Narendra Modi and President Donald J. Trump of the United States exchanged New Year greetings in a telephonic conversation last evening.They expressed satisfaction at the progress in India-U.S. strategic partnership in 2018. They appreciated developments such as
International Civil Aviation Organization Predicts 100 % Increase in Global Air Travel by 2030
Mumbai-With hundreds of millions of people joining the global middle-class, the demand for air travel is witnessing an unforeseen upsurge. The International Civil Aviation Organization has predicted a 100 percent increase in global air travel by the year 2030, creating
Prime Minister of Norway visiting India to expand business partnership
New Delhi-Prime Minister of Norway, H.E. Ms. Erna Solberg will be paying a State visit to India from 7-9 January, 2019 at the invitation of Prime Minister Shri Narendra Modi. Prime Minister Solberg will be accompanied by senior officials from
