RBIs scrapping of Letter of Undertaking may choke trade funding

A police officer stands guard in front of the Reserve Bank of India (RBI) head office in Mumbai, India, August 9, 2016.Reuters fileThe Reserve Bank of India has banned the Letter of Undertaking and Letter of Comfort for importers in the wake of the Rs 14,000 crore fraudulent transaction at Punjab National Bank that was… Read more RBIs scrapping of Letter of Undertaking may choke trade funding

13 Okinawa Island Beaches With White Sand And Sparkling Waters

Picture courtesy of Miyakojima LibraryYonahamaehama Beach in Miyakojima stretches for seven kilometers and is said to have the whitest sand in the Pacific. The shallow of the beach is beautifully transparent and you can see the island of Kurimajima, nine kilometers in circumference, across the water. The 1690-meter bridge that stretches across to Kurimajima is… Read more 13 Okinawa Island Beaches With White Sand And Sparkling Waters