The deal, signed on Wednesday in Dhaka, came after Prime Minister Narendra Modi's announcement of the new credit line to Bangladesh during his Dhaka visit in June last year. It follows India's USD 1 billion in assistance provided to Bangladesh in 2011 for infrastructure development.
The same day Bangladesh Prime Minister Sheikh Hasina would provide 10 GB Internet bandwidth to India, Tripura Power and Communication Minister Manik Dey told reporters here today.
The tender for the project was floated by Bangladesh India Friendship Power Company Private Ltd (BIFPCL), a 50:50 joint venture between NTPC and Bangladesh Power Development Board (BPDB).
Axiata Group Berhad and Airtel today signed a definitive agreement to merge their respective telecom subsidiaries -- Robi Axiata Ltd and Airtel Bangladesh Ltd -- in Bangladesh, Airtel said in a statement.
The quake struck while many residents were asleep, and roofs and staircases of some buildings collapsed in the city of about 270,000 people.
A meeting of the Union Cabinet, chaired by Prime Minister Narendra Modi, approved rehabilitation package and upgradation of infrastructure of former Bangladeshi enclaves in Cooch Behar district after transfer of enclaves between India and Bangladesh, an official release said.
"Bangladesh and India would ink an agreement for dispatch of 100 MW power from Palatana project on November 27 in Delhi. It (the agreement) would also decide about the tariff rate of power," Technical Director of Tripura State Electricity Corporation Ltd (TSECL), M K Chowdhury said.
Chetia, who was in Bangladesh since his arrest by the neighbouring country's police in 1997, was handed over to India at the personal intervention of Prime Minister Narendra Modi and through active involvement of NSA Ajit Doval.
The company's net profit in the corresponding quarter last year was Rs 96.31 crore, it said in a regulatory filing. The company's total income from operations dropped to Rs 3,520.99 crore, from Rs 4,212.29 crore in the year-ago period.
At the G20 nations' Australia summit last November, leaders endorsed a new global transparency standard by which more than 90 jurisdictions will begin automatic exchange of tax information, using a common reporting standard by 2017-18.
Police cordoned off the area and were investigating the blasts, which they said were caused by improvised explosive devices. They said it was unclear who carried out the attack.
"The key nations out of the 12 countries which India exports textile and apparels to are US, Japan and Canada. The value of India's textile and apparel exports to these three countries stood at USD 11.5 billion in FY15 which is likely to reduce due to the TPP
India had exported 2,68,863 units in the same period of last fiscal, 2014-15. According to Society of Indian Automobile Manufactures (SIAM), during April-September, 2015-16, the largest car exporter from the country Hyundai Motor India saw 13.91 percent drop in car exports to 83,522 units from 97,021 units in April-September period of 2014-15.
Finance Minister Arun Jaitley speaking in the Plenary Meeting of the Development Committee here emphasised the need for bigger financing and implementation plans by the World Bank Group to achieve the Sustainable Development Goals (SDGs).
Speaking exclusively to CNBC-TV18's Priya Sheth, Chairman and MD of Bisleri International Ramesh Chauhan also said the company is beefing up local manufacturing.
According to The Global Competitiveness Report 2015-2016, the failure, particularly by emerging markets, to improve competitiveness since the recession suggests future shocks to global economy could have deep and protracted consequences.
The jump in India's position underlines the country's recent economic recovery, improvement in the competitiveness of the country's institutions and its macroeconomic environment and a "slight improvement" in infrastructure, the World Economic Forum (WEF) said in its latest Global Competitiveness Report.
The IPO comprises fresh issue of shares worth Rs 400 crore and an offer for sale of up to 37.67 lakh equity shares by the existing shareholders -- Indivision India Partners and Leon International.
The continuing decline in exports of cotton textiles is a matter of deep disappointment and concern requiring urgent action from the government," Texprocil chairman RK Dalmia said in a statement.
"Bangladesh Power Development Board awarded the EPC contract for setting up the 400-mega watt (MW) gas-based power plant project to Marubeni Corporation of Japan, which in turn awarded the EPC sub contract to L&T on a turnkey basis," L&T said in a BSE filing.
The previously unreported case underlines the weakness of India's unwieldy and poorly resourced drug and food regulatory system, the uncertainty it creates for foreign and domestic companies operating there and the potential risk to consumers.
Hero MotoCorp's first global manufacturing facility at Villa Rica in Colombia, entailing a project investment of USD 70 million, became operational this week.
In a report released today, the World bank said in India job restrictions remain widespread, with women not allowed to work in mining or in jobs that require lifting weights above a certain threshold or working with glass.
Telecom major Bharti Airtel and Malaysia-based Axiata Group have begun talks to merge their operations in Bangladesh to create the second-largest operator in that country.
The Bhartiya Reserve Bank Note Mudran Pvt Limited (BRBNMPL) and Security Printing and Minting Corporation of India Limited (SPMCIL) have initiated steps for introduction of the revised number pattern, official sources said.