Brussels / Beijing : The ambitious ‘One belt One Road’ plan which the Chinese President Xi Jinping had announced four years ago, has started receiving jolts in Europe. The European Union (EU) has asked to review the railway project which is a part of the ‘One belt One Road’ plan. There has been a possibility of […]
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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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Beijing :The speed of the economic growth rate of China, which had taken a lead in the World economy, seems to have slowed down. According to the Chinese agencies, till 2016, China’s economy somehow managed a growth rate of 6.7%. In the last 26 years, this growth rate could be considered the lowest in China’s […]
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Beijing: The results of recent elections in the United States has begun affecting the Chinese economy and the Chinese Yuan is beginning to decline. Within two weeks following Donald Trump’s victory, the Chinese Yuan is getting extremely devalued. Currently the Yuan has sunk to a eight and half year low against the US dollar. To […]
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Beijing :Increasing debt, high dependence on government policies and financial aids, over-capacity production in the industrial sector are some of the factors that may have a negative impact on China’s economy; according to International Monetary Fund (IMF) report. IMF has indicated that if suitable economic developments are not done, China’s GDP could see a drop […]
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New Delhi : Japan’s decision to invest USD 25 billion in India will take Indo-Japanese ties to new heights said the Railway Minister Suresh Prabhu expressing his trust. He added further that India’s development projects would benefit immensely from this investment on Japan’s part. The bilateral relations between India and Japan have consistently been improving over the […]
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New Delhi: Employees Provident Fund Organization (EPFO) had decided to invest in equity in a bid to increase the earnings on its funds and got the necessary approvals from the Central Government. It is learnt that EPFO has earned a return of 7.45% by investing in the Exchange Traded Funds (ETF) linked to the share market. […]
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New Delhi : India has seen a good 53% increase in Foreign Direct Investment (FDI) over the past two years. It is believed throughout the world that a climate conducive to safe investments in India has been created due to the steps taken to foster the economic growth rate apart from the price stability and […]
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New Delhi (PTI) : Indian Finance Minister Arun Jaitley has said that overcoming the adverse impacts on the world economy post ‘Brexit’, India has proved its economical capacity. Finance Minister further expressed his trust in the Indian economy saying that at the global level India has come forward as the safest place to invest. Addressing the Lok Sabha Finance Minister Jaitley assured the House that RBI and SEBI, the regulatory authorities of the Indian banking sector and the stock market are taking proper precautions to keep the investments in India safe in the happenings post ‘Brexit’ and are constantly keeping an eye on the global […]
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Rome/Brussels : European economists and analysts have claimed that as the Italian banking sector is overburdened with a debt of 350 billion, the Italian economy could also tumble down like that of Greece. The Italian economy is the 3rd largest economy in the ‘Eurozone’. The instability of this economy may lead to uncertainty in the entire […]
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