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June 30, 2024 11:23 AM

INS Ranvir arrives Chattogram, Bangladesh on goodwill visit

Indian Navy Destroyer INS Ranvir arrived in Chattogram for a week-long goodwill visit. The visit of INS Ranvir to Chattogram, Bangladesh coincided with the visit of Admiral Dinesh K Tripathi, Chief of the Naval Staff, Indian Navy to Bangladesh, sa...

June 29, 2024 10:09 AM

India and USA extend agreement on equalisation levy until June 30

India and the United States have agreed to extend their transitional agreement on the Equalisation Levy until June 30. This decision comes after both countries initially joined 134 other members of the OECD/G20 Inclusive Framework in October 2021 to ...

June 29, 2024 10:02 AM

How Democrats could replace Biden as presidential candidate before November

After President Joe Biden's shaky performance at the debate with former President Donald Trump on Thursday night, some Democrats openly questioned whether he should be replaced as their candidate for the 2024 election. There is a process for doing s...

June 28, 2024 5:32 PM

FATF recognises India’s efforts to combat money laundering, terrorist financing

India has achieved an "outstanding outcome" in the 2023-24 Mutual Evaluation by the Financial Action Task Force (FATF). The evaluation by FATF highlights India's effective measures to combat money laundering (ML) and terrorist financing (TF), incl...

June 28, 2024 4:46 PM

German businesses see India as a stable place to invest, says envoy Ackermann

German businesses view India as a highly "stable place" to invest, according to Germany's ambassador Philipp Ackermann, who expects increased German investment in India once the India-EU Free Trade Agreement addresses existing tax and tariff "impedim...

June 28, 2024 3:01 PM

China’s Xi calls for ‘bridges’ amid trade, diplomatic frictions

Chinese President Xi Jinping called on Friday for the building of "bridges" in the global economy, as Beijing grapples with economic, trade and territorial disputes with neighbours and trading partners. The world's second-largest economy will never ...

June 28, 2024 5:10 PM

Turkey removed from FATF money laundering grey list in boost to standing

The international crime watchdog Financial Action Task Force (FATF) removed Turkey from its "grey list" of countries that require special scrutiny on Friday, in a boost to the country's economic turnaround plan. Turkey was downgraded to the "grey li...

June 28, 2024 3:22 PM

Pakistan passes tax-laden budget ahead of talks on fresh IMF loan

Pakistan's parliament on Friday moved to pass the government's tax- heavy finance bill for the coming fiscal year ahead of more talks on a new IMF bailout as it seeks to avert a debt default for an economy growing at the slowest pace in South Asia. ...

June 28, 2024 1:22 PM

Russian satellite breaks up in space, forces ISS astronauts to shelter

A defunct Russian satellite has broken up into more than 100 pieces of debris in orbit, forcing astronauts on the International Space Station to take shelter for about an hour and adding to the mass of space junk already in orbit, U.S. space agencies...

June 28, 2024 12:39 PM

EU leaders pick von der Leyen for second term as Commission chief

European Union leaders agreed on Friday to nominate Ursula von der Leyen of Germany for a second five-year term as president of the European Commission, the EU’s powerful executive body. At a summit in Brussels, the bloc’s 27 national leaders al...

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