India's plan to develop key Iranian port faces U.S. headwinds

India committed $500 million to speed development of the port after sanctions on Iran were lifted following a deal struck between major powers and Tehran to curb its nuclear program in 2015. But not a single tender has been awarded for supplying equipment like cranes and forklifts. Jun 10, 2017
HDFC Bank India

HDFC Bank to roll back UPI charge plan

The National Payments Corporation of India which runs the UPI railroads had requested the bank to reconsider the decision and is expected to call a meeting with bankers very soon Jun 9, 2017