Caracas : Venezuela, a Latin American country whose economy is known to be mainly dependent on oil is now facing acute shortage of food and essential commodities, creating chaos in the country. In the last two days, 125 thousand of Venezuelans are desperate to leave their country and enter neighboring Colombia for their basic needs like […]
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Nairobi- Kenya’s Intelligence Service has busted a plot of assassination of the visiting Israeli Prime Minister,Benjamin Netanyahu, while on a four nation tour in Africa. A Kuwaiti newspaper ‘Al- Jarida’ reported that a terrorist outfit ‘Al-Shabaab’ had planned the assassination of the Israeli Prime Minister.However,Benjamin Netanyahudenied any attempt of such an attack on himself. Israeli […]
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After Britain voted in favour of exiting the EU, the demand for an independent European army seems to be gaining renewed strength. This demand, clearly mentioned in the document presented at the summit in Brussels, refers to the fact that for the purpose of security, the EU cannot depend on NATO alone. The need for […]
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Beijing Dated 28th June (News Agency)–Economists and research groups have purported that even though the Chinese ruling party claims the Chinese economy as being ‘stable’, but in reality the experts predict that the economy is about to face turmoil. The Brexit incident is being viewed as a backdrop that has led to record the drop […]
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New Delhi, Dt: 24(PTI)–India is well prepared to face any after effects of ‘Brexit’ said the Indian Finance Minister Arun Jaitley. India has strong economic fundamentals and adequate foreign exchange reserves. The Government is working closely with various regulatory bodies to mitigate the effects of volatility caused by ‘Brexit’. Mr. Arun Jaitley asserted that the […]
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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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On Friday last, Raghuram Rajan the Governor of the Reserve Bank (RBI) announced his decision to not continue in office in the following term. This decision was expected to demonstrate its repercussions on the market by the following Monday. With the fear of ‘Brexit’ still looming large, the share market was believed to be headed […]
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New Delhi Dated 23rd June (PTI): Government announces reforms in Foreign Direct Investment (FDI) in the key sectors of Defence, Aviation, Pharmaceuticals and Food Processing. The Prime Minister. Mr.Narendra Modi has expressed confidence,that with this decision the Indian market wouldopen up for FDI, and that in turn would boost the employment generation opportunities in the country. […]
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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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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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