India's EXIM bank and State bank of India, for the import of essential commodities, extended export credit facilities worth USD 1,500 million to Sri Lanka.
The National Company Law Tribunal (NCLT) has given the consortium six months from the effective date to pay dues to various creditors and has set November 16, 2022, as an effective date.
The inability of banks to open LC's despite the State Bank of Pakistan's (SBP) directives about import facilitation, poses a threat to the supply of food, as well as, could escalate price pressures and create a shortage of medications.
Union Defence Minister Rajnath Singh on Thursday said that India is being established as a self-respecting, capable and prosperous country under the leadership of Prime Minister Narendra Modi.
New Delhi [India], January 11 (ANI/NewsVoir): Distressed by the issue of the successive construction bans, the real estate sector today met Union Minister, Bhupendra Yadav, Minister Environment, Forest and Climate Change. During this meeting, many distinguished personalities like Manoj Gaur
"Optimism for India is driven by strong democracy, young demography, and political stability. Due to these, India is taking decisions that boost the ease of living and ease of doing business. India has become an attractive destination for investment," said PM Modi.
Singapore/ New Delhi [India], January 10 (ANI/PRNewswire): RING the consumer-first digital payment app (part of the ONEMi Technology group which launched Kissht), serving over 5 million customers with speedy and hassle-free credit solutions, is reimagining the way consumers interact with dig
Infrastructure Leasing & Financial Services (IL&FS) on Monday said it completed the interim distribution pay-out for Rapid MetroRail Gurgaon South (RMGSL), an IL&FS Group company.
Amid depleting foreign reserves, currency exchange firms of Pakistan on Saturday offered to pay for resuming the letter of credit facility (LC) for supporting imports as banks step back due to Pakistan's ongoing economic crisis, according to a Geo News report.
In Kota, the Union minister on Sunday said the government gave out more credit sanction to more than 2,363 farmers under PM SVANidhi scheme, which amounts more than Rs 3 crore, in one day.
The Union minister said, "Altogether, we will give credit sanctions to 9,000 farmers whether it would b
To support the assertion, the publication has cited circumstances made by the Western diplomat. In an apparent message to Beijing, Russia and Belarus launched joint training exercises called "Allied Resolve 2022," which finished on February 20--the day of the 2022 Beijing Olympics' closing c