India mulling law to stop ‘Sahara’-like scams

India mulling law to stop ‘Sahara’-like scams

The Central Government of India is considering strong measures to restrain fraudulent activities of scammers like Sahara; who are duping millions of investors of their hard earned savings. The ‘Ponzi Scheme’ scams lure people, particularly from rural and semi-rural areas, into investing their savings by promising fat returns.  At the instance of Prime Minister Narendra […]

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China devalues its ‘Yuan’

China devalues its ‘Yuan’

Beijing/Washington, Dt.30 (News agency) – Just as the G-7 summit, held recently in Japan, concluded by proclaiming an end to the currency war, China declared the devaluation of its currency the ‘Yuan’. In the week of the summit itself, the Chief of the U.S. Federal Reserve, Mr. Janet Yellen signalled the hiking of interest rates. […]

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1400 km long highway to connect India, Myanmar & Thailand

1400 km long highway to connect India, Myanmar & Thailand

A 1400 km long highway will soon connect India with South-East Asian countries. India, Thailand and Myanmar have come together to work on this project that will, it is believed, give a big boost to India’s trade with South-East Asian countries. The realization of the India-Myanmar-Thailand highway calls for the renovation of 73 bridges erected […]

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India and Iran sign 12 MoUs including Chabahar port development

India and Iran sign 12 MoUs including Chabahar port development

India and Iran have signed 12 MoUs, which also includes the development project of port Chabahar. Besides the bilateral MoU to develop the Chabahar port, a trilateral agreement has also been  signed by India, Iran and Afghanistan to develop a transport and transit corridor between the three countries. This corridor will pass through Chabahar. The […]

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India imposes ban on Chinese products

India imposes ban on Chinese products

New Delhi, 26 May (PTI): India to impose ban on imports of milk, dairy products and non-IMEI numbered mobile phones from China declared Union Minister of Commerce Nirmala Sitharaman. She further stated that this ban was due to the substandard quality of these Chinese products .As per the World Trade Organisation regulations ban cannot be […]

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Will not allow China’s trade atrocities: Donald Trump

Will not allow China’s trade atrocities: Donald Trump

Donald Trump warns with inflammatory reference China is responsible for what Donald Trump, the Republican nominee called ‘the biggest ever theft in history’. He was referring to America’s trade deficit with China. ‘We cannot allow China to rape our country!’ he warned addressing the crowds in Indiana ahead of the state’s primary. The United States […]

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