India International Times Latest International News from India

Amid huge layoffs by IT companies, IT-centric companies are witnessing pressure on rentals of homes in cities such as Bengaluru, Hyderabad, Chennai, Pune, Gurgaon and Noida, which may decline to the extent of 10 to 20 percent over the next three quarters, said Assocham. The worst hit was Bengaluru where the fresh inflows of young professionals is declining over the ...

South Asian Subregional Economic Cooperation (SASEC) program of Asian Development Bank (ADB) has expanded with the inclusion of Myanmar aas the 7th member in 2017. Shaktikanta Das, India’s finance secretary said on the occasion that Myanmar is key to realizing greater connectivity and stronger trade and economic relations between the SASEC sub-region and the countries of East and Southeast Asia. ...

India’s Central Electricity Authority for the first time has turned around from a net importer of electricity to Net Exporter of electricity in 2016-17. During the current financial year 2016-17, as of February, India has exported around 5,798 Million Units to Nepal, Bangladesh and Myanmar which is 213 Million units more than the import of around 5,585 Million units from ...

The delegates participating in the Commonwealth Auditors General Conference called on the President of India, Mr Pranab Mukherjee today (March 23, 2017) at Rashtrapati Bhavan. Speaking on the occasion, the President expressed happiness that the multilateral forum of Auditors General of Commonwealth countries has met in India this year to discuss contemporary issues of relevance to the member Supreme Audit ...

India has so far signed and initiated Air Services Agreement with 114 countries and latest one was with Rwanda, signed on 20th February 2017 at Kigali, informed Minister of State for Civil Aviation Jayant Sinha in written reply to a question in Lok Sabha on Wednesday. The Air Services Agreements between India and other countries have the potential to spur ...

London-based Payza, an online payment platform, has launched an online Utility Bill Payments service for Indian customers after teaming up with India’s household utility and telecommunications service providers such as Airtel, Tata Sky, Tata Docomo, Vodafone, Reliance, DishTV, MTNL, BSNL, and others. The Payza Utility Bill Payments option is available through the Payza Android App that enables users to securely ...

  As part of its special programming for International Women’s Day on the 8th of March, France 24’s culture team heads to India to explore the world’s largest democracy and see how women, and women’s rights, are making their mark on the country’s vibrant arts scene. Olivia Salazar-Winspear presents two special editions of the daily culture showEncore! Wednesday 8th March ...

The Union Minister of State for Finance and Corporate Affairs, Mr. Arjun Ram Meghwal will represent the India in the 4th Annual Devolution Conference to be held from 6th to 9th March, 2017 at Nakuru County of Kenya. He is expected to share the experience of devolution system and its progress in India and specifically highlight the 73rd-74th Constitutional Amendments ...

The Asian Development Bank (ADB) and the Government of India signed in New Delhi $375 million in loans and grants to develop 800-kilometer Visakhapatnam-Chennai Industrial Corridor, which is the First Phase of a planned 2,500–kilometer long East Coast Economic Corridor (ECEC). The Corridor is expected to spur development on India’s eastern coast in line with the Government of India’s Make ...

A Financing Agreement for IDA credit of US$ 63 million for the “Tejaswini” Socio-Economic Empowerment of Adolescent Girls and Young Women Project” was signed in New Delhi last week with the World Bank. The Financing Agreement was signed by Mr. Raj Kumar, Joint Secretary, Department of Economic Affairs, Ministry of Finance on behalf of the Government of India and Mr. ...

With 64 Indian exporters of Agriculture and Processed Food products are participating under APEDA (Agricultural and Processed Food Products Export Development Authority) will particiapte in the Gulf Food 2017 in Dubai to be held from 26th February to 2nd March, 2017. APEDA pavilion will be inaugurated by Ms. Rita Teaotia, Commerce Secretary. APEDA is an apex organization under the Ministry ...

A delegation of the Committee for Internal Market and Consumer Protection, European Union led by Ms. Vicky Ford met the Union Minister for Consumer Affairs, Food and Public Distribution, Mr. Ram Vilas Paswan, in New Delhi on February 23, 2017. The European Parliament Committee on Internal Market and Consumer Protection is on a visit to Mumbai and New Delhi from ...

To commemorate the 25th year of the ASEAN India relations, India’s Telecom Equipment and Services Export Promotion Council is holding an inter-ministerial meeting between telecom ministers of ASEAN countries and India in New Delhi today, on 20th February, 2017 to explore the posibility of strategic and commercial tie ups. Telecom Minister of State Manoj Sinha led the discussions from Indian ...

Commerce and Industry Minister Nirmala Sitharaman in a written reply in Rajya Sabha on Wednesday said separate data regarding investment made by foreign companies in Small and Medium Enterprises (SMEs) is not maintained but remittance-wise data is available in public domain at the website of Department of Industrial Policy & Promotion at www.dipp.nic. Foreign Investments bring international best practices and ...

Indian Government is taking various measures for bringing investment from Central Eastern Europe such as opening up Foreign Direct Investment in many sectors, carrying out FDI related reforms and liberalization and improving ease of doing business in the Country, said minister of State in the Ministry of Heavy Industries and Public Enterprises Mr. Babul Supriyo in reply to a written ...

Coal India Limited (CIL) has surrendered two licenses held by its subsidiary Coal India Africana Limited in Mozambique and with this has no foreign coal assets. However, CIL is looking for coking coal assets abroad since viable domestic coking coal reserves in the country are facing constraints, both commercial and technical, said Mr. Piyush Goyal, Minister of State for Coal ...

Indian government is planning to revise the tax treaties with partner countries to enable the Central Bureau of Investigation (CBI) and Enforcement Directorate (ED) to use the data for prosecution of those who have stashed black money abroad, said a statement. Treaty partner countries have been requested to modify the tax treaties to explicitly include provisions that will enable information ...

A 20-member Indian trade delegation led by Chairman of Agricultural and Processed Food Products Export Development Authority (APEDA) visited Iran from January 28 to 30, 2017 to promote export of Basmati rice that was banned since five months. In view negative publicity in Iran media about Indian rice, the promotional event was held at Hotel Espinas Palace in Iranian capital ...

Indian Ministry of Railways and Italian state-owned Ferrovie Dello Stato Italiane Group, managing the Italian railway sector, have signed on Thursday an MoU for cooperation in rail safety and train operations. The MoU covers areas of safety audit of Indian Railways and measures for enhancing safety in train operation, Assessment and certification of advanced technology based safety products and systems ...

India has signed an Agreement for IDA credit of US$201.50 million for the “Third Technical Education Quality Improvement Programme” (TEQIP III) on February 1, 2017 in New Delhi. The loan agreement envisages an active funding participation in Indian Engineering Education Institutes and improve the efficiency of the Engineering Education System in Uttarakhand, Himachal Pradesh, Bihar, Uttar Pradesh, Madhya Pradesh, Chhattisgarh, ...