Economics News

FATF hands 10-point plan to Pak.

Unanimously agreeing to put into effect its February decision to place Pakistan in the grey list for inaction against terror funding, the Financial Action Task Force (FATF) has laid out a 10-point action plan for compliance with its guidelines.

posted by Jawwad Kazi 30th Jun 2018

First government blockchain centre likely in Hyderabad

The Centre is considering a proposal to set up a Centre of Excellence for blockchain technology in Hyderabad to drive innovation.

posted by Jawwad Kazi 29th Jun 2018

Rs 2,000-crore fund infusion in ECGC to boost exports

The Cabinet Committee on Economic Affairs on Wednesday approved capital infusion of Rs 2,000 crore in the Export Credit Guarantee Corporation (ECGC) to enhance insurance coverage to micro, small medium enterprises exports.

posted by Jawwad Kazi 28th Jun 2018

India-US meet over trade issues

Commerce Ministry officials at the Joint Secretary level and delegation from US is to discuss ways forward to resolve the escalating trade issues between the U.S. and India.

posted by Jawwad Kazi 27th Jun 2018

Joint bidding for oil blocks with UAE

With the firms based in UAE, India is considering jointly bidding for oil blocks.The statement came on the sidelines of the MoU signing ceremony with Saudi Aramco and ADNOC for their investment in the Ratnagiri refinery.

posted by Jawwad Kazi 26th Jun 2018