According to Pakistan’s Foreign Minister Khawaja Asif, his country will welcome the US' mediation in easing tensions with India but is opposed to President Donald Trump's proposal to give a bigger role to New Delhi in war-torn Afghanistan.
As per Asif, giving more role to India in Afghanistan would result in more chaos there.
Tata Steel has established India's largest Coke Dry Quenching (CDQ) facility, capable of handling 200 metric tonnes per hour, at its state-of-the-art steel plant at Kalinganagar Industrial Complex in Jajpur district of Odisha.
Kinara Capital Raises $14.5 Million
Bangalore-based NBFC Kinara Capital has raised USD 14.5 million in Series C funding from multiple investors which will be deployed to expand its product portfolio and increase investment in technology.
Kinara Capital functions as a lender to micro, small and medium enterprises (MSMEs) who do not have property collateral to pledge.
ClearTax Launches e-KYC
India`s leading tax e-filing platform ClearTax has launched an e-KYC (Know Your Customer) registration feature to enable users to invest in mutual funds in a quick and seamless manner.
China, which is building its own navigation system to rival United States GPS, has launched two BeiDou-3 satellites into space through a single carrier rocket.
The two newly-launched satellites represent the third phase of the BeiDou Navigation Satellite System.
If everything goes according to the plan, China will become the third country in the world after the US and Russia to operate its own navigation system.
India sought cooperation from Britain for extradition of 13 fugitives and asked it to not allow its territory to be used by Kashmiri and Khalistani separatists.
The fugitives include including liquor barron Vijay Mallya, former IPL honcho Lalit Modi and cricket bookie Sanjiv Kapur.
India also sought legal assistance in prosecution of 16 other alleged criminals.
Indian Air Force Takes Part in Blue Flag
For the first time, the Indian Air Force or IAF is participating in Blue Flag 2017, Israel's largest aerial exercise.
A 45-member contingent of the IAF is led by group captain Maluk Singh VSM.
Air forces from nine countries kicked-off the Israeli Defence Force's (IDF) Blue Flag event.
Hasmukh Appointed as New Finance Secretary
Revenue Secretary Hasmukh Adhia has been appointed the new Finance Secretary by the Union government.
Adhia`s appointment to the post follows the retirement of Ashok Lavasa last month.
The seniormost secretary in the Finance Ministry is normally designated as the Finance Secretary.
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