Bengaluru: India’s energy demand is presently at 5% of the global requirement, which is forecasted to be 11% in future. The demand for natural gas is expected to go up by 500%. Hence Prime Minister Modi, while speaking at the India Energy Week 2023 (IEW), highlighted the investment opportunity in India’s energy sector. The Prime […]
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Beijing: China’s economy has been hit hard by the frequent Covid outbreaks over the past year. In 2022, China’s economy registered a growth rate of just three per cent. This is the lowest level since 1976. China’s growth rate has fallen by more than half compared to 2021. In 2021, China had achieved a growth […]
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Kolkata: India is on track to become a three trillion dollar economy by the fiscal year 2022-23. India’s economy will reach seven trillion dollars in the next seven years, the country’s Chief Economic Adviser, V Anantha Nageswaran, has said. Nageswaran made this claim while speaking at the economic forum of Merchants’ Chamber of Commerce & Industry […]
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Nicosia: Indian External Affairs Minister S Jaishankar assured that the issues of price and availability of energy, food and fertilisers are a threat to the economy of the countries of the global south. Hence these issues will be on priority for India in the G20 meeting. Jaishankar, while visiting Cyprus, strongly presented India’s position on […]
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Moscow: This is the road towards the destruction of world energy. There may come a time when the underinvested industry will no longer provide the market with the required volume of products. And then prices can skyrocket. And they will hurt those who are trying to implement these tools, warned Russian President Vladimir Putin. While […]
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London/Beijing – In the background of the increasing scope of the ongoing agitation in China and the shocks to the economy due to the ‘Zero Covid Policy’, there was a vigorous fall in the stock markets worldwide on Monday. The stock indices of the UK, France, and Germany in Europe and Japan, South Korea, Singapore […]
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Dubai: The position taken by the US on the dollar is forcing the allies and partners of the US to look at alternate systems. At the same time, the effects of the Russia-Ukraine conflict create an environment to accelerate efforts to create a parallel and alternate financial system to the existing global financial system. In […]
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New Delhi: Concern is being expressed that the United States, European countries, Japan and China will all be hit by the economic recession. It will also have some impact on India’s growth rate. However, the Indian economy is unlikely to face the risk of recession. Rajiv Kumar, former Vice Chairman of NITI Aayog, has expressed […]
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Washington: – The Zero Covid policy implemented by President Xi Jinping in China for the past few months along with the real estate crisis are going to affect the Chinese economy. There is a possibility of China’s economy taking a hit of five trillion dollars in the coming five years when Xi Jinping will continue […]
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Singapore: ‘The golden age of globalisation that we have known for the past 30 years since the end of the Cold War is clearly over, and we are entering a new era, a new era that will be marked by greater geopolitical contestation,’ Singapore’s Finance Minister Lawrence Wong warned. At the ‘Forbes Global CEO Conference’ […]
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