Gold at 2-year record high

Gold at 2-year record high

On Wednesday 6th July gold hit its highest in more than two years, by virtue of uncertainty, drop in stock markets and slide in some bond yields to record lows after Britain’s vote to leave the European Union (Brexit). Post the rise, gold rates having reached to $ 1367.104 per troy ounce (31.10 g) is […]

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After Brexit, will London lose its ‘Global Financial Hub’ status?

After Brexit, will London lose its ‘Global Financial Hub’ status?

London, dated 1st July (Press)- London, famously known as the Financial Hub globally and in Europe markets, would possibly lose the status post the Brexit results. Post Brexit many companies are moving their offices outside the UK. Germany, France and Ireland are putting in efforts to attract the companies planning to exit the UK. Financial […]

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USIBC welcomes India’s FDI reforms

USIBC welcomes India’s FDI reforms

USIBC (US-India Business Council) welcomed India’s decision to further increase FDI(Foreign Direct Investment) limits as a boost to US-India bilateral trade. The FDI reform measures were decided at a high level meeting chaired by Prime Minister Modi on Monday. The reforms will allow up to 100 percent inflows in civil aviation, defense, food processing and […]

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Proposal given to DGCA to allow ‘Air Ambulances’ to land on highways will help save lives of accident victims

Proposal given to DGCA to allow ‘Air Ambulances’ to land on highways will help save lives of accident victims

The Directorate-General of Civil Aviation (DGCA) has proposed allowing Air Ambulances to land near accident sites on highways. If approved, the proposal will play a vital role in saving lives of accident victims. The number of road casualties are increasing year on year. Last year 1,46,133 lac people lost their lives in then country. Various […]

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Namibia endorses supply of Uranium to India

Namibia endorses supply of Uranium to India

Resource-rich West African country Namibia assured it will look at ways to supply Uranium to India. President Pranab Mukherjee on a two day visit to Namibia held bi-lateral talks with the Namibian President Hage Geingob on Friday. President Mukherjee offered support to Namibia for efficient extraction of its natural resources for sustainable development using environmentally […]

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Germany bends to Turkey’s blackmail says leaked Report of the British Ambassador to Germany

‘If Turkish citizens are refused ‘visa free’ travel to Europe, then lacs of refugees will enter in European countries’, the Turkish President has threatened. British ambassador to Germany expressed his anxiety that Chancellor of Germany Angela Merkel is being victimised by such blackmail, revealed the best-selling UK newspaper “The Daily Telegraph”. Angela Merkel is ready to […]

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China taking advantage of US: Republican presidential nominee Donald Trump

China taking advantage of US: Republican presidential nominee Donald Trump

Presumptive Republican presidential nominee Donald Trump has accused China of being the biggest and best “abuser” as it was dumping its goods into US, stealing intellectual property and imposing hefty taxes on American companies doing business in that country. “China is the biggest and best abuser”, said Trump, speaking to his cheering supporters in Pittsburgh. […]

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India: Government & private sector partnership for defense equipment production

India: Government & private sector partnership for defense equipment production

New Delhi, dt. 12 (PTI) – Serious efforts are being taken for the indigenization of defense equipment manufacturing. Considering the limitations of the Government mechanism and the opportunity for business growth, Central Government is stressing to have defense related equipment manufactured in India, by formalizing a Government & Private sector partnership. Consequently Defense Minister Manohar […]

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