Searched for
LCS
India, UAE step up efforts to expand rupee-dirham tradeOver 15% of India-UAE trade has been invoiced in local currencies since the rupee-dirham mechanism launched nearly three years ago. Both na...- Two pacts to boost India’s LPG supplies & strategic reserves during PM Modi's visit to UAEIndia and the UAE are likely to sign two MoUs on Friday focused on LPG supplies and strategic petroleum reserves during Prime Minister Nare...
- NEDFi Partners with Veefin Solutions to revolutionize digital lending operations in Northeast IndiaNEDFi and Veefin Solutions have partnered to implement a digital lending ecosystem aimed at enhancing credit access across Northeast India....
- India, Kenya discuss possibility of trade settlement in local currenciesIndia and Kenya are exploring trade settlements in their own currencies. Discussions also covered digital payment systems like UPI. A joint...
- US mine hunters sail west, likely bound for Middle East amid Trump’s new strategy for the Strait of HormuzUS Navy mine countermeasure assets are redeploying from the Pacific to the Indian Ocean, signaling preparations for a sustained effort to c...
- MHI holds pre-bid consultations on permanent magnet manufacturing schemeIndia is set to boost its rare earth permanent magnet manufacturing. The Ministry of Heavy Industries is inviting bids for integrated facil...
- JSW Group, NLC India among 25 companies in pre-bid meet for Rs 7,280-cr rare earth magnet scheme: SourcesThe government will select maximum of five entities through the bidding process, with each entity setting up facilities of up to 1,200 MTPA...
- India allows broken rice exports backed by already issued LCsThe surprise move trapped nearly 1 million tonnes of rice that was moved to the ports or was in transit before the government made the anno...
- Centre warns of CBI action against post-dated wheat export letter of creditThe government had banned wheat on May 13 but allowed exports against valid irrevocable LCs issued on or before then as a transitional arra...
- Export of 1 million tonne wheat likely to get green signalThe government on May 13 banned exports of wheat amid accelerating inflation, but exempted shipments under contracts where letters of credi...
- Major buyers of Russian oil struggle with bank guarantees: Sources"Banks are not willing to open LC’s for the moment so it is a bit of a standoff," one of the sources said. He asked not to be named due to ...
- HC breather to Andhra discoms on LCs to wind, solar firmsThe AP government stopped procuring renewable energy and, by extension, did not provide LCs to to renewable energy companies. A Power Minis...
- Lenders voice concerns over maturing letters of credit by PMC BankOne of the largest urban cooperative banks in the country, PMCB has been active in issuance of LCs. Among its regular clients was a Mumbai-...
- Power ministry order on LCs to face challenges: India RatingsLoad-shedding would be politically sensitive and push back is likely from discoms and state governments against the timeline for implementi...
- Banks' overseas arms may have to rejig biz model after LoU banWith trade financing moving to LCs, importers will have to cough up additional costs as these instruments involve a commission fee along wi...
- Stage set for inauguration of Land Customs Station in TripuraUnion Minister of State for Commerce Nirmala Sitharaman will inaugurate the LCS at Srimantapur, about 45 km from the state capital.
- US launches new littoral combat ship amid China's moves in SCSThe US has launched its newest littoral combat ship, ideal for missions in shallow waters, as the US Navy is increasing its presence.
- Gold crash causes collateral damage: Bullion banks invoke LCs worth Rs 4,000 cr on jeweller WinsomeInternational bullion banks likely to have invoked LCs worth more than Rs 4k cr after the jeweller Winsome failed to cough up a smaller amo...
- Indo-Bangladesh cross border trade set to add new dimension with Fulbari Land Customs StationLCS is expected to start functioning full fledged soon to facilitate a projected cross border trade volume of near 1000 crore per annum.
- Israel may buy littoral combat ships: PentagonThe Pentagon said that it has notified Congress of a possible sale of four littoral combat ships (LCS) to Israel valued at up to 1.9 bn dol...
Load More
