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Now, China snubs Pakistan at UNGA after Pak PM Shahid Khaqan Abbasi’s rant on Kashmir

After getting rapped by US and India on terrorism, Pakistan failed to find support on Kashmir issue from its all-weather ally China at the UN General Assembly.


India eyes $8 bn deal for 100 Avenger Predator drones with US for IAF

Having struck a deal with Washington recently to purchase Sea Guardian Unmanned Aerial Systems for the Indian Navy, the Narendra Modi government has now set its sights on acquiring jet-propelled Avenger Predator drones from the US for the Indian Air Force (IAF).


Rupee tumbles to 6-1/2 month low on news of Modi’s economic booster to support growth

Indian rupee dived to a six and a half month low on Friday morning on the news reports that government is planning Rs 40,000 crore fiscal stimulus to the economy to boost exports, support MSMEs, and expand bank credit, even at the cost of letting the fiscal deficit widen a little.


PSU Bank consolidation inches ahead as Vijaya Bank, Dena Bank enter merger talks

In early signs of the government’s ambitious plan for consolidation among state-run lenders to help them gain efficiency and scale, Vijaya Bank and Dena Bank have expressed interest in a merger and are reportedly in the initial stages of discussing synergies.


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