New Delhi: The exports had been cut down as the nation observed a lockdown due to the Coronavirus pandemic. Consequently, the import rate also dropped as the demand decreased. Thus, this the first time in 18 years, the nation did not have to face a trade deficit. Moreover, as the export exceeded import, the country […]
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Mumbai: Shashikant Das, the Governor of the Reserve Bank of India (RBI), announced a reduction in the repo rate to 4%, saying that the Gross Domestic Product (GDP) has been severely hit because of reduced domestic demand and the drastic fall in exports. He also announced moratorium for the next three months, bringing major relief […]
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Analysts fear that at the current growth rate, the world population will cross the mark of 10 billion in just a few years from now. Obviously, the availability of the resources necessary to sustain the population will gradually go on diminishing. At the same time, extravagant and improvident use of resources, wastage due to carelessness […]
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One particular memory of David Ben-Gurion is quite famous. As per the ‘master plan’ developed by the team of Architect Arieh Sharon, the development towns were under-construction all across Israel. Similar plans for the region of Negev were also on the anvil. The Negev Desert covers more than half of Israel and thus it was […]
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Israel won the 1948 Arab-Israeli War. However, despite winning the war against the Arab nations, having to fight the war right at its creation had left Israel’s condition weak. All the resources of the country had come under strain due to the colossal war expense. At the same time, the number of Jews immigrating to […]
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Caracas/Moscow: The Venezuelan government trapped in an economic crisis has accepted a proposal from the Russian companies to explore and excavate Gold in the country. Only a few hours ago, the reports of the takeover of Venezuelan oil companies by Russian companies had surfaced. Meanwhile, it is claimed that Venezuela has Gold reserves of nearly […]
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Beijing/Washington: A Canadian financial expert and analyst has said that China will end the dominance of the US Dollar on the back of its gold reserve of 20000 tonnes. China’s economy is feeling the heat of the ongoing trade war with the US and therefore, China might take this aggressive step to defeat the US, […]
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Those were the times when under the rule of the Ptolemies, the Greek culture was stealthily creeping into the culture as well as the mindset of the Israelites, who were sadly reduced to mere helpless spectators to the changing scene and could do nothing more than swallow the bitter pill. Moreover, these were also times […]
Read More »New Delhi: Indian economy is dependent on imports. Thus, India cannot afford to get into a trade war with its trade partners. Therefore, ASSOCHAM, the apex trade association of India has advised that India should take the negotiations route to resolve the bilateral trade issues. President Donald Trump threatened a trade war against Europe in […]
Read More »Hyderabad: The Iranian President Hassan Rouhani is on his India visit. He is starting his visit from the city of Hyderabad. This visit, by the Iranian President, becomes important in view of the turmoil in the Middle Eastern Gulf area and the Persian Gulf. The Israel Prime Minister visited India a few weeks ago. Following […]
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