US will not refute the issue of loans they have taken from other countries. This is the truth. But if times change, China’s business in US can go to dust. China, along with other countries should diversify their investments to avoid the increase of debts. The former Chief of the Bank of England has suggested to make […]
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Beijing, Dt.8 (Newsagency) – It has come to light that the Chinese economy and its market does not much attract the US and the European companies any more. Since China is not very keen on opening access to its economy or even its market, the Western companies have gradually started stepping out. This fact has […]
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London / New York (News agency): The price of oil has bounced up again attributing to factors like recently held unsuccessful meeting of ‘OPEC’, Nigerian oil pipeline attacks and uncertainty in decision of the Federal Reserve. Brent crude oil as well as US crude oil rates have crossed $50/barrel again. These rates are the highest in […]
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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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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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The Union Cabinet has cleared the proposal of granting the payment bank status to the post office. This historic decision was taken by the cabinet committee on economic affairs chaired by Prime Minister Narendra Modi. This bank of the postal department, to be known as the ‘India Post Payment Bank’ will, apart from making available […]
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‘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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“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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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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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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