Indian PM’s visit to Qatar. India & Qatar sign seven agreements

Indian PM’s visit to Qatar. India & Qatar sign seven agreements

After the Afghanistan tour, Prime Minster Narendra Modi has arrived in Qatar.  About seven bilateral Memoranda of Understanding(MoU) agreements were signed between two countries in this Qatar visit. There are abundant opportunities for Qatar industries to invest in India. PM, thus invited industrialist and entrepreneurs of Qatar to invest more in India. Indian PM met Qatar’s […]

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India to develop Payra Port in Bangladesh

India to develop Payra Port in Bangladesh

Mumbai – Having secured the development project of the strategically vital ‘Chahbahar’ Port in South-eastern Iran, India is keenly eyeing the Payra Port project in Bangladesh. China’s aggressive posturing in the Indian Ocean has been a matter of grave concern and India is actively working on countering same. China is currently developing Colombo Port in […]

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India could be fulcrum of global economy: Finance Minister Arun Jaitley

India could be  fulcrum of global economy: Finance Minister Arun Jaitley

‘With China’s economic slowdown, the global economy feels afresh, the need of a pivot and India could play this very role, that of the fulcrum of the global economy’, said the Finance Minister Arun Jaitley expressing his confidence.  Addressing investors during his visit to Japan, Jaitley claimed that India’s economic development program would pick up […]

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Will not tolerate trade deficit with China: India’s Minister of State for Commerce & Industry

Will not tolerate trade deficit with China: India’s Minister of State for Commerce & Industry

“The trade deficit with China that India has had to suffer, is certainly not good news and the Indian Government has set about efforts at various levels towards correcting the situation. Negotiations with China about providing better market access to Indian drugs and IT segments are in progress”, asserted Nirmala Sitharaman, the Minister of State […]

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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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