India ships wheat to Afghanistan via Chabahar

Context: India on Sunday began shipment of wheat to Afghanistan through the Iranian port of Chabahar. A press release from the Ministry of External Affairs (MEA) noted that the consignment would be the first to use the new route via Chabahar to access Afghanistan, even as India plans similar transfers in Read More …

Education loans will count in credit ratings, says govt.

The government has clarified that education loan defaults cannot be kept out of the ambit of credit rating bureaus such as the Credit Information Bureau of India (CIBIL).  Facts & Figures: Student loans amounted only to 6.9 per cent of the total non-performing assets (NPAs), compared to industrial sectors such Read More …