Economy News
Food inflation fell to a four-month low of 9.18% for the week ended
March 26 from 9.5% in the previous week and 21.15% a year ago (ET).
The finance ministry has said that it is holding consultations with the RBI
and will approve the draft guidelines for granting new banking licences
within 15 to 20 days (ET).
India has asked Switzerland to expeditiously ratify the amended double
taxation avoidance agreement (DTAA) to facilitate exchange of
information on funds parked in Swiss banks by Indian nationals (ET).
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