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India seeks revision in price of gas via TAPI line

India has sought re-negotiation of the natural gas price it is to source through a proposed $10 billion Turkmenistan-Afghanistan-Pakistan-India (TAPI) pipeline due to slump in global energy markets.

posted by Jawwad Kazi 23rd Aug 2018

Credit registry: RBI Act may need tweak

RBI Deputy Governor proposed the enactment of a special law to enable the proposed public credit registry (PCR) in order to resolve the deep data asymmetry in the financial system and prevent the bad loan accumulation.

posted by Jawwad Kazi 21st Aug 2018

Half of farm households indebted: NABARD

According to a recent survey by the National Bank for Agriculture and Rural Development (NABARD), more than half the agricultural households in the country have outstanding debt.

posted by Jawwad Kazi 20th Aug 2018

U.S. tech giants plan to fight India’s data localisation plans

U.S. technology giants plan to intensify lobbying efforts against stringent Indian data localisation requirements, which they say will undermine their growth ambitions in India.

posted by Jawwad Kazi 20th Aug 2018

CAD to widen to 2.5% of GDP: Moody’s

According to Moody's and other experts, India's current account deficit (CAD) will widen to 2.5 per cent of the GDP in the current fiscal due to higher oil prices that has been accentuated by rupee depreciation.

posted by Jawwad Kazi 20th Aug 2018