India well set to face Brexit fallout

India well set to face Brexit fallout

New Delhi, Dt: 24(PTI)–India is well prepared to face any after effects of ‘Brexit’ said the Indian Finance Minister Arun Jaitley. India has strong economic fundamentals and adequate foreign exchange reserves. The Government is working closely with various regulatory bodies to mitigate the effects of volatility caused by ‘Brexit’. Mr. Arun Jaitley asserted that the […]

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DRDO ready to compete with foreign companies

DRDO ready to compete with foreign companies

The Indian Government run ‘Defense Research and Development Organization’ (DRDO) is all geared up to compete with foreign companies. DRDO is ready to export defense material, said DRDO Director General, ‘S Christopher’. ‘Make in India’ policy of the Central Government to strengthen the manufacturing hub is receiving enthusiastic response from all over the world. Renowned […]

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USIBC welcomes India’s FDI reforms

USIBC welcomes India’s FDI reforms

USIBC (US-India Business Council) welcomed India’s decision to further increase FDI(Foreign Direct Investment) limits as a boost to US-India bilateral trade. The FDI reform measures were decided at a high level meeting chaired by Prime Minister Modi on Monday. The reforms will allow up to 100 percent inflows in civil aviation, defense, food processing and […]

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Large differences remain over India’s NSG entry: Chinese Foreign Ministry

Large differences remain over India’s NSG entry: Chinese Foreign Ministry

China’s differences with India over its entry to the Nuclear Suppliers Group (NSG) continue. The spokesperson of Chinese Foreign Ministry claimed that the agenda circulated by the Chair of this year’s NSG Plenary meeting being held on 24th June at Seoul does not include the issue of India’s membership. “China recognizes India’s need and urge […]

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Government announces increased limits of FDI in key sectors

Government announces increased limits of FDI in key sectors

New Delhi Dated 23rd June (PTI): Government announces reforms in Foreign Direct Investment (FDI) in the key sectors of Defence, Aviation, Pharmaceuticals and Food Processing. The Prime Minister. Mr.Narendra Modi has expressed confidence,that with this decision the Indian market wouldopen up for FDI, and that in turn would boost the employment generation opportunities in the country. […]

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Proposal given to DGCA to allow ‘Air Ambulances’ to land on highways will help save lives of accident victims

Proposal given to DGCA to allow ‘Air Ambulances’ to land on highways will help save lives of accident victims

The Directorate-General of Civil Aviation (DGCA) has proposed allowing Air Ambulances to land near accident sites on highways. If approved, the proposal will play a vital role in saving lives of accident victims. The number of road casualties are increasing year on year. Last year 1,46,133 lac people lost their lives in then country. Various […]

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Namibia endorses supply of Uranium to India

Namibia endorses supply of Uranium to India

Resource-rich West African country Namibia assured it will look at ways to supply Uranium to India. President Pranab Mukherjee on a two day visit to Namibia held bi-lateral talks with the Namibian President Hage Geingob on Friday. President Mukherjee offered support to Namibia for efficient extraction of its natural resources for sustainable development using environmentally […]

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Pakistan piqued by India-Afghanistan friendship: Former Afghan President

Pakistan piqued by India-Afghanistan friendship: Former Afghan President

‘The friendly ties shared by India-Afghanistan leave Pakistan piqued and it is Afghanistan’s friendship with India that has soured relations between Afghanistan and Pakistan.’ stated the former President of Afghanistan, Hamid Karzai whose words assume significance especially on the background of the skirmishes at the borders that the armies of the two countries engaged in. […]

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