India wins re-election to UN organ

India has been re-elected to the UN’s principal organ on economic, social and environmental issues for another three-year term. India was among 18 nations to win election to the Economic and Social Council (ECOSOC).

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Switzerland ratifies AEOI with India

Switzerland on 16 June 2017 ratified automatic exchange of financial account information with India and 40 other jurisdictions to facilitate immediate sharing of details about suspected black money, even as it sought strict adherence to confidentiality and data security.

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Eurozone agrees Greek bailout payment

Eurozone ministers struck a long-delayed bailout deal with Greece on 16 June 2017 to unlock badly needed rescue cash, but warned Athens would have to wait for debt relief.

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UN resolution to create office on counter-terrorism

The UN General Assembly has approved the establishment of a new office to coordinate counter-terrorism efforts, a move welcomed by India as a “much awaited first step” that will align the world body with needs of the global community in the fight against the menace.

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Ninth most expensive office market in world

Connaught Place in Delhi has been ranked ninth most expensive prime office market in the world with an occupancy cost of $153.89 per square feet per annum, said a new survey.

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India, US and Japan to participate in naval exercise

Naval ships, aircraft and personnel from India, Japan and the United States will participate in exercise Malabar 2017, in mid-summer 2017.

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