Economic Times India

ATM story: Banks move to cash recyclers

The India-UK Comprehensive Economic and Trade Agreement, which comes into force on July 15, almost a year after it was signed, will give immense opportunity to Indian exports to garner higher market share.Kirtika Suneja takes a look at the bilateral trade landscape, gains and the hurdles overcome to achieve the historic deal:Bilateral goods trade between India and the UK has ste...

Mumbai: Corporates will have to spell out the anti-money laundering and due diligence measures undertaken on overseas business partners and co-investors in foreign joint ventures and subsidiaries, and describe the processes followed in carrying out these checks.Such information, rarely, if ever, sought earlier, will be gathered by banks from corporate clients with overseas direc...

Hormuz hangs in balance as Iran ceasefire unravels

New Delhi: Southwest Monsoon activity remained subdued in large parts of India on Sunday, with heavy rainfall confined to Uttarakhand, Himachal, West Bengal, and the northeastern states.The India Meteorological Department, in its daily bulletin on Sunday, predicted 'isolated heavy to very heavy rainfall' likely over northeast India, West Bengal, and Bihar during the next 2-3 day...