New Delhi: – Renowned US Institution, Oxford Economics, has claimed that the Indian economy is returning to normalcy faster than expected. At the same time, reports have been published that foreign investors have made investments of USD 351.09 billion in the first 13 days of November. There are positive indicators in the Indian economy. Various […]
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New Delhi: The Indian Ocean has become the centre of activity second to only the South China Sea, the centre for major upheavals. Defence Secretary Ajay Kumar said that India should provide an impetus to the economy of this marine region and increase its capabilities. The Defence Secretary is saying in other words that India […]
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Tokyo: The Japanese economy has been hit by the severe recession because of the Coronavirus pandemic, which is rampaging around the world. Japan is the first of the top three economies of the world to be hit by a recession. It is being said that the Coronavirus pandemic has resulted in the loss of nearly […]
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Riyadh/Moscow: – There has been a strong reaction from OPEC after Russia refused to cut oil production and instead announced to increase it. Main members of OPEC, Saudi Arabia and the United Arab Emirates (UAE) announced an increase in oil production. Saudi will be producing 13 million barrels of oil and UAE has announced a […]
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New Delhi: 2020’s Economy Survey Report is published. It is expected that India’s economy will progress with 6 to 6.5% growth rates in the year 2020-2021. Moreover, it is advised that the fiscal deficit will have to be overlooked to give impetus to the development. Chief Financial Advisor Krishnamurthy Subramanian has expressed confidence that the […]
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New Delhi: The Confederation of Indian Industry (CII) has expressed a hope that the Indian economy is expected to rebound in 2020. The CII President said that this would become possible because of the corrective measures taken by the central government and the Reserve bank of India. The CII President said that the negative trend […]
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The articles in this series have thrown light on the spectacular progress achieved as a country by Israel over just the last seventy years, or so, that is from its birth till today. Today, Israel is a highly developed ‘Free market’ economy based on Information Technology and hi-tech research. Thanks to it, Israel has developed […]
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Warsaw/London: Poland, an important country and a leading economy in Europe, repatriated 100 tonnes of gold. The Polish central bank, ‘National Bank of Poland’ informed that this step has been taken to increase the capacity of the national economy. But the analysts have claimed that the crucial factors behind this repatriation are the uncertainty in […]
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New York: The global consulting firm McKenzie issued a warning that nearly 60% of the banks in the world have failed to get returns on their investments, and these banks will not be able to take the hit of the recession. Against the background of the indications of recession received from around the world, this […]
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Beijing/Washington: Last month, the Chinese government had announced a drop of 6.2% in the Chinese GDP growth. However, the US media claimed that the statistics were misleading, and the GDP fall was more than the published figure. In the past, China was revealed to overplayed economic growth figures, which it is repeating, as per an […]
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