Moon Jae-in shakes hands with Narendra Modi

India, South Korea aim to more than double trade to $50 billion

President Moon Jae-in and Prime Minister Narendra Modi sign 11 agreements to double trade by 2030 in the areas of railways, healthcare, telecommunications and cybersecurity. The two nations are also keen to explore a tripartite partnership for development. Jul 11, 2018
Vedanta group Cairn India

IT department sells $216 million of Vedanta shares

Cairn Energy said on Monday it would write down the value of its investment in Vedanta Ltd after Indian tax authorities sold $216 million worth of its shares in the Indian mining company in a dispute over retrospective tax dues. Jul 10, 2018
Prime Minister Narendra Modi

Centre hikes new season common rice purchase price

India is set to announce a hefty increase in the minimum price it promises to pay for key crops later on Wednesday, sources said, as the government looks to woo the country's 260 million farmers ahead of elections due early next year. Jul 4, 2018
7th pay commission 7th cpc north block finance ministry delhi modi government

Rupee crashes to all-time low at 69 against US dollar

The rupee fell to an all-time low against the U.S. dollar in early trade on Thursday, tracking Asian peers with weakening macro-economic fundamentals on the domestic front also weighing on the currency. Jun 28, 2018