The strategic alliance seen developing among India, Iran and Afghanistan could prove a threat to the security of Pakistan, eventually leading to this bloc closing in on Pakistan with dreadful consequences in store for the country’ warned a former Pakistan military officer in a seminar. Over the last week, the Pakistani media too has been […]
‘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 […]
Three civilians including one Chinese engineer were injured in a bomb blast in Karachi, the financial capital of Pakistan. Three organizations have accepted responsibility of the attack. It is perceived that the blast is carried out to oppose the ‘economic corridor’ being built between Pakistan and China. A passenger car carrying a Chinese Engineer, an […]
New Delhi-Dt.29(Newsagency)-India and Russia have agreed on a Research and Development deal of fifth generation fighter jets and this project will soon see the light of day. In an interview with a daily, the Defence Minister Manohar Parrikar confirmed that the project would soon be on its way. The cost of this research and development […]
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 […]
Lifting the arms embargo imposed on Vietnam, the US President declared that Vietnam was its most important ally in South-East Asia. The move was meant to bolster co-operation on the defence front between the two countries. Considering that Vietnam positions itself right opposite China in the dispute centred around the South China Sea, the lifting […]
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 […]
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 […]
The Prime Minister of Japan Shinzo Abe was in Russia on Friday 6th May. Official sources of both countries confirm that Abe met with the Russian President Vladimir Putin in Sochi and discussed issues of considerable importance including that of the disputed ‘Kuril Islands’. Both countries have shown willingness to view this issue in particular, […]
The advance ‘Hypersonic’ missile with speed 5 to 10 times that of sound was tested successfully by Russia. Interfax, Russia’s government news agency has ratified the news. US leaders and officials have expressed their concerns at the missile test saying that it posses a new challenge for the US. This is a second incident of testing ‘hypersonic’ system by Russia. […]