The waning American crude oil reserves, the wild fires in Canada and the dip in the African fuel output have together caused the oil price to soar to $50 a barrel for the first time this year. It was only a few days back that Goldman Sachs, an international investment firm, predicted that crude oil […]
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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 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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A report published by World Gold Council few days back states investments in Gold as commodity on international level are soaring. It declares gold as the best investment option. Gold prices have soared by almost 20% in last few months as stated in WGC’s report. Analysts estimate prices may remain stable in the future. US […]
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The Indian economy is going to face a setback of about 6.5 lacs crore due to the dreadful drought condition in 10 states of the country, as put forth by a report. Even if there is normal monsoon this year, the impact of the drought is likely to remain atleast for the next six months […]
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Warning by International Monetary Fund “After the referendum on 23rd June, if UK takes a decision of getting out from the European Union then it will be the biggest threat to the British economy” warned International Monetary Fund. A report on ‘Brexit’ by Bank of England also states, “Country will face the danger of recession […]
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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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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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New Delhi, Dt.29 (PTI) – “By taking my passport or arresting me, they are not getting any money”; “We wish to settle; but we wish to settle at a reasonable number that we can afford and banks can justify on the basis of settlements done before.” – so says ‘Willful Defaulter’ Vijay Mallya. He has […]
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The import of certain products from China like milk, milk products, mobile phones has been banned said the Union Minister for Commerce Nirmala Sitharaman. She added that the unacceptable quality of these products had prompted the decision. However the WTO rules do not allow blanket banning of products from a particular country. The ‘Masood Azhar’ […]
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