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The two countries have also inked key defence and security pacts over the past few years, including the Logistics Exchange Memorandum of Agreement (LEMOA) in 2016 that allows their militaries use each other's bases for repair and replenishment of supplies as well as provides for deeper cooperation.
Sher Bahadur Deuba's appointment as Nepal Prime Minister could reinvigorate ties with IndiaThis is the fifth time that 74-year-old Deuba is returning to power as the Prime Minister of Nepal. His appointment is in line with the ruling issued by the Supreme Court on Monday to make way for his claim to premiership, re… Read MoreNeed food, farm, fertilizer subsidy reforms to improve fiscal position: Finance Secretary T V SomanathanSomnathan, who is Expenditure Secretary, further said that farm, food and fertilizer reforms are administratively easy but politically difficult in view of the ramifications. On the other hand, he added, reforms in education … Read MoreIndian needs foreign exchange reserves buffer to tackle exchange rate volatility: Raghuram Rajan"We need this (foreign exchange) reserve buffer to insulate ourselves because we have no friends. Even the European Union (EU) went to get swap lines from the Federal Reserve. We asked for swap lines, that is on public record… Read MoreInfosys Q1 preview: Expect strong revenue growth & deal momentum; all eyes on upgrade in FY22 guidance
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… Read MoreZomato IPO opens on July 14; worth a subscribe?
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