Business & Partnership

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US ends waivers for India to buy Iranian oil

In a blow to India’s energy security and efforts to diversify its oil imports, the United States announced on Monday it is ending the waiver given to India to buy Iranian oil and has threatened sanctions if it did not comply with the embargo.

More on Economy and Business

India in-principle agrees to allow investments from Pakistan

India has in-principle agreed to allow foreign direct investment (FDI) from Pakistan, a move expected to enhance commercial engagement and boost trade between the two countries, Commerce and Industry Minister Anand Sharma said Wednesday.

India may invite Pakistan for regional meet on Afghanistan

In a crucial step, India is likely to invite Pakistan for a regional conference of investors on Afghanistan here next month that is aimed at creating regional support for economic stability of the violence-torn country.

India in-principle agrees to allow investments from Pakistan

India has in-principle agreed to allow foreign direct investment (FDI) from Pakistan, a move expected to enhance commercial engagement and boost trade between the two countries, Commerce and Industry Minister Anand Sharma said Wednesday.

MFN status to India by year-end: Pakistan

Pakistan will grant India most favoured nation (MFN) status by the end of this year, the country's commerce minister has said.

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