Senior IAS officer Rajesh Agrawal was the chief negotiator for the India-US Bilateral Trade Agreement, Indo-Pacific Economic Forum, India-Australia CECA, and review of the ASEAN FTA.
According to part of the report accessed by Moneycontrol, the steady decline started even before the onset of the pandemic and that was a “cause of concern.”
India has honed its processes to handle complicated divestments. Since 2019, a slew of changes have been brought in to make the process transparent and competitive. IDBI Bank divestment will be the first of its kind and is likely to be concluded by the first half of 2023-24. Catch this LIVE interview with Tuhin Kanta Pandey, Secretary, Department of Investment and Public Asset Management (DIPAM) for details.
As a country with significant economic attractiveness, India still is in a position to negotiate better terms for fulfilling the terms of the award — including taking up Cairn’s offer to reinvest the amount back in India
Indian rupee touched 54.3250 on Tuesday; its highest in one-week. It is now currently trading at 56.36/37; still higher than its close of 56.44/45.