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Throughout this go to, she will maintain bilateral talks with Prime Minister Narendra Modi. Market regulator SEBI and stock exchanges are bracing themselves for attainable shocks which will come up following RBI governor Raghuram Rajan’s determination to step down and not return for a second term on September 4. The onus is now on Securities and Change Board of India and inventory exchanges to keep an equilibrium and shield capital markets from any excessive volatility on Monday.

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Only a fortnight after folks of UK voted in favour of Britain’s exit from the European Union, UK Enterprise Secretary Sajid Javid started dialogue with India’s Commerce & Trade Minister Nirmala Sitharaman to discover the potential of inking a separate Free Commerce Agreement (FTA) between India and UK. When asked about the problem, Sitharaman said that the informal talks will rework into a proper framework however didn’t disclose whether the agreement will likely be FTA or a preferential one.