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August 7, 2010 8:49 PM

India-B'desh sign $1 bn loan agreement

India today signed a 1 billion dollar loan agreement to assist Bangladesh in development projects. The agreement was signed in Dhaka today by secretary to the Economic Relations Division of Bangladesh M Musharraf Hossain Bhuiyan and chairman and managing director of India's Export-Import Bank T...

August 7, 2010 8:27 PM

JD (U) criticises UPA for failing to control price rise

The Janata Dal (United) today expressed deep concern and dissatisfaction over the failure of the UPA II government in containing price rise, naxalism and corruption at high places.The Party in its two day National Executive, begining in New Delhi, recommended an all party meeting to find political s...

August 7, 2010 8:21 PM

Two Panamanian ships collide off Bombay port, spill oil

Two Panamanian ships - Khalijia 3 and Chitra - collided off Arabian Sea near Bombay Port at Colaba in Mumbai, early this morning. Some oil spillage was noticed from the two ships but the officials described it as minor and completely under control. Earlier reports said the oil leak was huge. The pre...

August 7, 2010 7:29 PM

Pranab in B'desh with $1bn line of credit agreement

India is to give a $ 1bn to Bangladesh, highest financial assistance provided to any country by India. The credit agreement was signed between the Exim Bank of India and the Economic Relation's division of Bangladesh in Dhaka this evening. The fund will be used by Bangladesh for development projects...

August 7, 2010 7:21 PM

DMRC pays back Rs 567 crore loan to Japan

Delhi Metro Rail Corporation has paid back over Rs. 567 crore in loan amount to the Japan International Cooperation Agency - JICA. The loan amount is for Phase-I and the interest amount for Phase-I and II. JICA, formerly known as Japan Bank for International Cooperation had sanctioned a loan of over...

August 7, 2010 6:05 PM

Pak need to work on trust deficit: Rao

New Delhi has said that a serious and sustained dialogue with Islamabad can thrive only in a climate free of terrorism directed against India from Pakistan. In an interview to a journal, the Foreign Secretary Nirupama Rao said otherwise, the trust deficit and public alienation towards Pakistan would...

August 7, 2010 4:56 PM

Pranab in B'desh with $1bn line of credit agreement

Finance Minister Pranab Mukherjee reached Dhaka this afternoon on a short four hour visit during which India and Bangladesh will sign a one billion dollar line of credit agreement.During his stay in Dhaka, Mr Mukherjee will call on Bangladesh Prime Minister Sheikh Hasina and also hold discussions wi...

August 7, 2010 2:03 PM

‘Critising judiciary would harm democracy’

The Minister of State for Agriculture, Food and Consumer Affairs K V Thomas has observed that publicly criticising the judiciary would weaken and destablilise the democratic system in the country. He was inaugurating the Silver Jubilee Celebrations of the Central Administrative Tribunal in Kochi tod...

August 7, 2010 1:57 PM

Pranab in Dhaka, set to sign '$1' bn credit deal

Finance Minister Pranab Mukherjee will be reaching Dhaka later this afternoon on a short four hour visit during which India and Bangladesh will sign a $ 1 billion line of credit agreement. During his stay in Dhaka he would call on Bangladesh Prime Minister Sheikh Hasina and also hold discussions wit...

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