New Delhi: Indian economy is dependent on imports. Thus, India cannot afford to get into a trade war with its trade partners. Therefore, ASSOCHAM, the apex trade association of India has advised that India should take the negotiations route to resolve the bilateral trade issues. President Donald Trump threatened a trade war against Europe in […]
Read More »Detroit/Berlin/Tokyo – Just as the prices of crude oil had taken a leap to $ 70 internationally, the leading automobile companies of the world were making heavy investments in the sector of ‘Electric Cars’. This news came into focus at an exhibition of cars in Detroit in US. Information received from international agencies and experts […]
Read More »Washington: Fuel production in the United States is expected to show an increase of a whopping 10% in this year, reaching 11 million barrels per day. The latest report of Rystad Energy has forecasted that this increased production shall take the US to the top, surpassing nations like Saudi Arabia and Russia, which are currently […]
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Moscow: This is Russian President Vladimir Putin’s second visit to Saudi Arabia’s Deputy Crown Prince Mohammed bin Salman in the past eight months. Even though the primarily aim of the meet held at the Russian capital, Moscow was fuel sector cooperation and a crucial agreement, it also shows signs of attempts to improve bilateral ties […]
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Riyadh/Kuala Lumpur: Last year Saudi Arabia had announced an ambitious economic reforms plan to overcome the financial losses it faced due to the slide in crude oil prices in the global market. To attract investments for this plan, Saudi Arabia’s ‘King Salman bin Abdulaziz Al Saud’ has decided on a tour of Asian countries. The […]
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Caracas : Venezuela, a Latin American country whose economy is known to be mainly dependent on oil is now facing acute shortage of food and essential commodities, creating chaos in the country. In the last two days, 125 thousand of Venezuelans are desperate to leave their country and enter neighboring Colombia for their basic needs like […]
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Voting in favour of ‘Brexit’, the British masses have shown unwillingness to remain a part of the EU. The decision has had grave political repercussions the world over, prompting also, swift ripples on the global share market as much as on the global political scene. Following the results of the referendum, the British Prime Minister […]
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Washington : ‘Mohammed bin Salman’ the crown prince of Saudi Arabia, met the US President Barack Obama during his recent visit to the United States of America. During the meeting Obama and the Saudi prince discussed a wide range of issues, including Washington-Riyadh bilateral relations as well as developments in the Gulf. On the backdrop of […]
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London, Dated.11.06.2016-Russia was declared as the largest fuel exporter in the world for year 2015. This information was published by the leading fuel company BP. Russia exported around 75% of its oil produce and 33.7% of its CNG. A net increase of 1.2% in the fuel production of Russia compared to the year 2014 has […]
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Brussels/ Moscow: The possibility of fresh sanctions on gas supply from Russia has shot the prices of gas by 10 %, taking it above 2000 dollars per 1000 cubic meters. This is the third instance of a 10% hike in natural gas prices in the last four days. A meeting of the European Union to […]
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