New Delhi - More than four million Indian truckers began an indefinite strike on Wednesday to protest high taxes and rising fuel bills, officials said. 

London, July 2 : A senior Pakistani journalist based in London has said that US could act as an interlocutor between India and Pakistan, because the countries do not trust each other.

Jammu, July 2 : The Jammu district administration extended curfew to the entire Jammu region on Wednesday, following large scale protests and violence against the cancellation of the land allotment order to the Sri Amarnath Shrine Board (SASB).

All schools and colleges have been shut for the day, but essential services were exempted from curfew.

The curfew was imposed on Tuesday afternoon in areas falling under three police stations of Muthi, Bakshi Nagar and Rehari.

Meanwhile, the Bharatiya Janata Party (BJP) called for nationwide shutdown on Thursday. Calling the revocation of land to Amarnath Shrine Board as a 'non-secular' move, BJP president Rajnath Singh urged the state government to re-allot the land to Shrine Board.

The prices of petroleum are higher than ever. All the developing countries are worried about the adverse effects of this price rise on the economies.

The hangover of T20 is still not over.

Reserve Bank of India (RBI) and Bank of Japan (BOJ) has signed a bilateral swap arrangement (BSA) on Monday. The BSA was signed by BOJ governor Masaaki Shirakawa and RBI governor Yaga Venugopal Reddy in Basel, Switzerland. It will pave a way for swapping local currencies against the US dollar for up to $3 billion. The agreement will also sort out problem of short-term liquidity and strengthen existing international financial arrangements

The agreement was come into effect on Sunday (June 29). Both Japan and India can now swap Yen and rupee against the US dollar up to $3 billion. They will hold biannual consultations on economic and financial conditions of each country with the BSA in effect.