"The Union Cabinet chaired by Prime Minister Narendra Modi has given its approval for signing of a Protocol amending the convention between India and Portugal for avoidance of double taxation.
"The Union Cabinet chaired by Prime Minister Narendra Modi has given its ex-post facto approval for signing of a MoU on Renewable Energy between India and Portugal. The MoU was signed on January 6, 2017 in New Delhi," an official statement said.
Deepening ties, India and Portugal today inked seven pacts to boost engagement in a wide range of areas including defence and security, IT and renewable energy even as they took a veiled dig at China for stalling New Delhi's move at the UN to designate JeM Chief Masood Azhar as a global terrorist.
The deal consolidates Aurobindo's footprint in Portugal, making it the number one in the Portuguese generic pharma market
The proposed memorandum of understanding (MoU) was approved in the Cabinet meeting headed by Prime Minister Narendra Modi.
The agreement covers various activities which include exchange of scientific and technical information, trade in plants and plant products, exchange of information in phytosanitary issues, training programmes, seminars and visits of experts and consultants.
"Congratulations & Best wishes. India welcomes Antonio Manuel de Olivera Guterres as next Secretary General of @UN," India's Ambassador to the UN Syed Akbaruddin tweeted.
The victim of a heavy challenge by Dimitri Payet, Ronaldo went off in the first half, but returned to the touchline to see Lille striker Eder settle the game with a low 25-yard strike at Stade de France.
Egyptian military scouring the Mediteranean Sea today found the wreckage of the crashed EgyptAir aircraft, a day after the ill-fated plane en route to Cairo from Paris went down with 66 people on board, with authorities hinting at a terror angle to the deadly incident.
If one wants to read or write about ALL the must-try dishes in Portugal, one would have to resort to a multiple volume encyclopaedia. It would be preferable to just loosen up your belt and begin the culinary journey without wasting much time. Bon Apetite!
Earlier this month, agency reported Barclays' sale of its Portugal assets for 175 million euros (USD 196.02 million)and talks of it offloading its Italian retail network and a portfolio of Italian mortgages worth 4 billion euros.
The USA, the UK, Japan, Australia, France, Portugal, Spain, Italy, Denmark, Bulgaria, Africa, the UAE, among others, would participate in the three-day exposition, Mrs Veenu Gupta, Principal Secretary, Industries and Marketing Director, RIICO, said today.
In early September, both the World Bank and the IMF cautioned the US central bank against raising rates until the world economy was on a surer footing.
Portugal goes to the polls early next month and Spain is expected to hold an election by year-end, with recent polls in both countries showing tightly-run races so far.
The country, which represents the "S" in "PIIGS," a term coined as a catch-all for Europe's most troubled economies, is growing at its fastest pace in seven yearsâ€”3.1 percent in the second quarter. Of the other PIIGSâ€”Portugal, Italy, Ireland and Greeceâ€”only Ireland is growing faster.
As Congress leaders and other opposition party leaders continued their protest against the suspension of Congress MPs for the fourth day in Parliament complex, the Congress President dismissed Sushma's defence as "drama".
A furious Sushma Swaraj on Thursday flayed the Opposition for continuing to protest over the Lalit Modi scandal and delaying Parliament proceedings.
Putin has been cast as a villain in the West because of Russia's military involvement in Ukraine, while Blatter's presidency is ending next year in the wake of a huge scandal over alleged FIFA corruption.
World financial markets should be somewhat relieved that Greece and its creditors reached a reforms-for-bailout deal, closing-followed market watcher Mohamed El-Erian said Monday.
Since it first fell into dire economic straits in 2010, Greece has already been bailed out to the tune of 240 billion euros (USD 267 billion), and last week asked for an additional 53.5 billion euros. However, euro zone sources told CNBC they estimate that Greece will need a further 82 billion-86 billion euros.
Currently, the market is supported by strong domestic flows, which are likely to continue going forward too, said Nilesh Shah of Kotak Mahindra Mutual Fund.
Sanjeev Prasad, senior executive director & co-head, Kotak Institutional Equities, says the events in the European nations pose more of a political risk than economic and the upcoming elections in Spain and Portugal may give anti austerity parties a further leg-up.
The choice before Greece is stark - it will suffer whether it stays in the eurozone or leaves. If it stays in, it will have to enforce further cuts in expenditures and social security entitlements and raise taxes. If it exits and repudiates part or most of its external debt, it will get no fresh loans from any bank.
With the prospect of Greece being forced out of the euro in plain sight, the common currency fell as much as 1.9 percent to USD1.0955, its lowest in almost a month, and last stood down 1.4 percent at USD1.1007.
Japan's Nikkei led the way as a gain of 0.4 percent cleared a peak from 2000 to reach ground last trod in 1997.