An employee counts rupee notes at a cash counter inside a bank in Kolkata.

Rupee Falls Flat due to Forthcoming CPI and IIP Release

Rupee declined at early trade on Wednesday at 59.32 per dollar against previous day's closing value of 59.29 a dollar. The fall can be attributed to increased demand for American currency at Interbank Foreign Exchange market and absence of major inflows. Jun 11, 2014
Narendra Modi met with Chinese foreign minister Wang Yi on Monday

Positive Takeaways from Modi-Wang Meet

Reciprocating Prime Minister Narendra Modi's gesture of inviting Chinese premier Li Keqiang to India, China's foreign minister Wang Yi extended the Chinese government's invitation to Modi to visit the country, which the latter graciously accepted. Jun 10, 2014
china-foreign-minister-meets-pranab-calls-for-greater-cooperation

China Foreign Minister meets Pranab, calls for greater cooperation

New Delhi, June 10 (ANI): Chinese Foreign Minister Wang Yi met President Pranab Mukherjee on Monday the last day of his visit urging for greater cooperation and making a new beginning with the newly formed Modi government of the world’s largest democracy. Wang also addressed a news conference in New Delhi to deliberate on the issues discussed in the meetings. During his address, Wang expressed China’s interest for investing in India especially in infrastructure and manufacturing sector. Prior to his meeting with Mukherjee, he also called upon Prime Minister Narendra Modi on the same day. The delegations of two countries, led by Wang and Modi, held diplomatic talks to discuss ways to make Indo-China bilateral relations stronger. Speaking on the trade issues, Wang regarded the meeting as a prelude to a bilateral free trade agreement which would help boost economic ties between the two Asian giants. Jun 10, 2014
talks-between-sushma-swaraj-and-wang-yi-were-cordial-useful-productive-and-substantive-mea

Talks between Sushma Swaraj and Wang Yi were cordial, useful, productive and substantive: MEA

New Delhi, June 08 (ANI): MEA spokesperson Syed Akbaruddin on Sunday said that the talks between External Affairs minister Sushma Swaraj and her Chinese counterpart Wang Yi were productive, useful and substantial. Akbaruddin while briefing media on the Indo-Sino talks told reporters that all issues of significance were raised and discussed in a frank and cordial manner during the meeting. Jun 8, 2014
decline-of-insurgency-paves-way-for-development-in-tripuras-kambhukcherra-village

Decline of insurgency paves way for development in Tripura's Kambhukcherra village

Tripura, June 04 (ANI): Situated along the Indo-Bangladesh border area, between West Tripura and Khowai districts, Kambhukcherra village was once severely affected by militancy. Most people in the village are engaged in agriculture, pig rearing or collecting firewood and eatables from the forest for a living. With the return of peace, the remote tribal village has been witnessing rapid development. The implementation of several welfare schemes, like the MGNREGA and the Indira Awaz yojana, has improved the living standard of the people. The government has also been providing irrigation facilities to the people. The villagers now have access to electricity and clean drinking water. Jun 4, 2014
india-and-bangladesh-work-together-towards-boosting-border-trade

India and Bangladesh work together towards boosting border trade

Tripura, June 04 (ANI): India's North East region shares 1,880-km-long border with Bangladesh, and has potential for developing cross-border trade. In an effort to uplift the socio-economic status of people living on both sides of the border, both countries have been working constantly to develop `border haats' or markets. Recently, members of Indo-Bangladesh Border Haat Management Committee laid the foundation stone for proposed border haats at Kasba in Tripura. This will be the second of the proposed four border haats along the Bangladesh-Tripura border to be built by the Ministry of Commerce at an approximate cost of Rs. 2.5 crores. Jun 4, 2014