U.K. not to ease rules for Indian students

Britain’s efforts to reform the visa application process for international students from a number of countries will not extend to India ”” a development that highlights recent strains in the bilateral relations between the two countries since Prime Minister Narendra Modi’s visit to London earlier this year.

India’s proposed Assumption Island deal drifts

An official announcement by Seychelles President Danny Faure cancelled the agreement with India for the development of Assumption Island (a single coral island in the Outer Islands of Seychelles) in the Indian Ocean.

SBI to stop handling Iran oil payments

India’s imports of Iranian oil may be hit from the end of August after the State Bank of India (SBI) informed refiners it would not handle payments for crude from November.

High UIDAI charges leave banks stressed

Bankers have questioned the “exorbitant” charges prescribed by the Unique Identification Authority of India (UIDAI) for Aadhaar authentication services.

India is facing its worst water crisis: NITI Aayog

The NITI Aayog released the results of a study warning that India is facing its worst water crisis in history and that the demand for potable water will outstrip supply by 2030, if steps are not taken.