MoUs signed between the Luxembourg Stock Exchange (LuxSE) with SBI and India International Exchange, informed Sandeep Chakravorty, Joint Secretary, Europe West, Ministry of External Affairs while addressing press conference on November 19. He said, "Three agreements were signed coinciding with the summit -- one was between Luxembourg Stock Exchange and State Bank of India, second between Luxembourg Stock Exchange and India International Stock Exchange and third between Luxinnovation and Invest India." "MoUs signed between the Luxembourg Stock Exchange with SBI and India International Exchange. Agreement between Luxinnovation and Invest India also signed. Very good prospects of India and Luxembourg on financial collaboration," he added. Earlier, Prime Minister Narendra Modi took part in India- Luxembourg virtual summit, with PM of Luxembourg, Xavier Bettel.
Prime Minister Narendra Modi took part in India- Luxembourg Virtual Summit on Nov 19. PM Modi said, "I am happy that our space agency recently launched Luxembourgh's four satellites. We welcome Luxembourg's decision to join the International Solar Alliance."
EU chief negotiator Michel Barnier has arrived in London ahead of face-to-facetalks in a bid to reach a Brexit deal. Mr Barnier was pictured wearing a maskas he left St Pancras International station in central London, waving to themedia as he left in a car.
Credit: PA - Press Association STUDIO Duration: 00:52Published
An Iranian diplomat and three other Iranians went on trial in Belgium on Friday accused of planning to bomb a meeting of an exiled opposition group in France in 2018, the first time an EU country has put an Iranian official on trial for terrorism. Olivia Chan reports.
Department of Economic Affairs Secretary Tarun Bajaj said that India's economy is moving much faster than it was anticipated by economists. Bajaj further mentioned the International Monetary Fund report had predicted that India's growth should be 8.8% in next financial year. Tarun Bajaj said, "Despite COVID-19 situation, our growth story, which we feel is intact, is also accepted by others, who are ready to invest in India. We continue to see an uptick in economy for past few months since opening up of economy post lockdown. We are expecting a further improvement in November. The economy is moving much faster than anticipated by economists. This is mentioned in IMF report which says India's growth should be 8.8% in next financial year, which is highest for major economies."
Equity benchmark indices tumbled over half per cent during early hours on October 14 tracking Asian peers as halted COVID-19 vaccine trials soured investor risk appetite. Besides, the International Monetary Fund (IMF) revised its projection of contraction in India's GDP for current fiscal year to 10.3 per cent from 4.5 per cent earlier, citing a rise in COVID-19 cases. At 10:15 am, the BSE SandP Sensex was down by 232 points or 0.6 per cent at 40,393 while the Nifty 50 lost by 88 points or 0.73 per cent at 11,847. All sectoral indices at the National Stock Exchange were in the red zone with Nifty private bank down by 1 per cent, PSU bank by 0.7 per cent, IT by 1.1 per cent and metal by 0.9 per cent. Among stocks, Wipro slipped by 6.5 per cent to Rs 351.45 per share despite improving its performance in the second quarter of FY21 on several parameters.