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    After sorghum spat, U.S.-China trade fears halt soybean imports

    By Naveen Thukral and Dominique Patton SINGAPORE/BEIJING - China's purchases of U.S. soybeans have come to a grinding halt, trade and industry sources say, as fears of further action by Beijing to curb imports of U.S. crops following last week's anti-dumping move on sorghum rattles the agriculture industry. Buyers from China, which takes 60 percent of soybeans traded...

    • 12 min ago
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    Anmol Ambani inducted on Reliance Nippon Life Asset Management, Reliance Home Finance boards

    Mumbai, April 25 The B oard of Directors of Reliance Nippon Life Asset Management (RNAM) and Reliance Home Finance (RHF) have appointed Anmol Ambani onto their respective boards.Anmol Ambani, 26, the eldest son of Reliance Group Chairman Anil Dhirubhai Ambani, is currently Executive Director of Reliance Capital, the holding company of the Group's...

    • 15 min ago
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    India, Mongolia to enhance bilateral trade, investments

    India and Mongolia today discussed economic cooperation in areas such as infrastructure development, energy, services and IT and agreed to explore possibility of launching direct air connectivity between New Delhi and the Mongolian capital Ulaanbaatar. External Affairs Minister Sushma Swaraj during a joint media briefing with Mongolian Foreign Minister D Tsogtbaatar after the 6th Session of...

    • an hour ago
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    India signs $ 125 mn loan agreement with World Bank

    A Loan Agreement for IBRD credit of USD 125 (equivalent) for the "Innovate in India for Inclusiveness Project" was signed with the World Bank on 24th April, 2018 in New Delhi, says Ministry of Finance. The Loan Agreement was signed by Sameer Kumar Khare, Joint Secretary, Department of Economic Affairs on behalf of Government of India and Hisham Abdo, Acting Country Director, World...

    • 2 hrs ago
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    NITI Aayog to open applications for Atal New India Challenge

    The Atal Innovation Mission (AIM) under the NITI Aayog shall be launching the Atal New India Challenge on Thursday, 26th April 2018, according to an official statement. Under the Atal New India Challenge, which shall be run in collaboration with five ministries, AIM will invite prospective innovators/MSMEs/start-ups to design market-ready products, using cutting edge technologies or...

    • 2 hrs ago
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    61% Indian IT managers clueless how bandwidth is being consumed: Sophos

    New Delhi, April 25 Nearly 57 percent Indian IT managers can't identify network traffic while 61 per cent dont know how their bandwidth is consumed, a new report said on Wednesday, adding that the majority of Indian IT managers have legal liabilities when it comes to unidentified traffic at their workplaces. According to British IT security company Sophos' global...

    • 2 hrs ago
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    Lloyds Bank just misses forecasts with $2.23 billion first-quarter profit

    LONDON - Britain's biggest mortgage lender Lloyds Banking Group reported pre-tax profit of 1.6 billion pounds ($2.23 billion) in the first quarter on Wednesday, just missing analyst expectations of 1.82 billion pounds. While falling short of the average of analysts forecasts based on Thomson Reuters data, the bank's profits grew by 23 percent compared with the...

    • 4 hrs ago
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    'India needs focus on products, services with max export potential in FTAs'

    India should focus on products and services with maximum export potential while signing free trade agreements (FTAs) with trading partners, a research note by NITI Aayog member V K Saraswat has said. It said that before getting into a trade deal, India should review and assess its existing FTAs in terms of benefits to various stakeholders like industry and consumers,...

    • 4 hrs ago
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    `India needs focus on products, services with max export potential in FTAs`

    India should focus on products and services with maximum export potential while signing free trade agreements (FTAs) with trading partners, a research note by NITI Aayog member V K Saraswat has said. It said that before getting into a trade deal, India should review and assess its existing FTAs in terms of benefits to various stakeholders like industry and consumers,...

    • 4 hrs ago
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    Singapore awards $1.1 billion contract for second phase of mega-port project

    SINGAPORE - Singapore on Wednesday announced a $1.1 billion plan to expand and modernise its port, the world's second-biggest, but which is in fierce competition with several Chinese harbours including Shanghai, Shenzhen and Guangzhou. The Maritime and Port Authority of Singapore (MPA) said it has awarded a project worth S$1.46 billion ($1.10 billion) for the...

    • 5 hrs ago

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