Berlin: The federation of German Industries’ chief, the apex body of the industry, issued a serious warning that 25% of the companies in Germany have been preparing to leave the country due to the energy crisis created against the backdrop of the Russia-Ukraine conflict. Other senior officials have confirmed this in Germany, and they allege […]
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New Delhi: India has started discussions on a Free Trade Agreement (FTA) with the Gulf Cooperation Council (GCC). India’s trade cooperation with the GCC, which includes the six Middle East nations Saudi Arabia, United Arab Emirates (UAE), Qatar, Kuwait, Oman and Bahrain, has attracted the attention of this region and the entire world. Annual trade […]
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Ankara: Turkish President Recep Tayyip Erdogan has said that the strong will displayed by both sides has begun a new era in Turkey-Israel relations. President Erdogan announced this after the talks with Israeli Prime Minister-designate Benjamin Netanyahu. Both leaders expressed concern over the attacks in Istanbul and the West Bank. Ten years ago, Turkey severed […]
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Bali: Prime Minister Narendra Modi highlighted the importance of the G-20 by stating that the United Nations has failed to face the serious challenges posed. We need not hesitate to admit this. All our efforts to reform the United Nations have also failed. In such a situation, the relevance of the G-20 has increased. Prime […]
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Washington: International Monetary Fund (IMF) chief Kristalina Georgieva warned that the United States and European countries have been pursuing a policy of creating economic barriers to meet their geopolitical goals, and this policy could backfire. She simultaneously claimed that the international economy would get divided due to the decisions taken by the US and Western […]
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Brussels/Paris/Washington: The Inflation Reduction Act introduced by US President Joe Biden is dangerous for European industries. The European Union (EU) has warned of appealing against it to the World Trade Organization. The finance ministers of Europe discussed this issue and decided to oppose it unitedly in a meeting held on Tuesday. Emmanuel Macron, the president […]
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New Delhi: India will discuss a free trade agreement with the Gulf Cooperation Council-GCC, comprising six Gulf countries: Saudi Arabia, United Arab Emirates (UAE), Bahrain, Kuwait, Oman and Qatar. The discussion will start next month, and the agreement is believed to be concluded with negotiations by the middle of 2023. After the Coronavirus pandemic, there […]
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New Delhi: Saudi Arabia’s Crown Prince Mohammed bin Salman will visit India next month. The Crown Prince is said to be coming to India on a special invitation from Prime Minister Narendra Modi. Before this visit, the energy minister of Saudi Arabia will arrive in India next week. The direct transaction between the Indian rupee […]
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New Delhi: – India could attract foreign direct investment of about $475 billion over the next five years, according to a report released by CII (Confederation of Indian Industry) and EY. Even with this backdrop of ongoing geopolitical tensions, FDI in India has not been particularly affected. India’s huge consumer power, reforms undertaken by the […]
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Beijing: During Communist Party’s convention in Beijing, President Xi Jinping warned that the issue of Taiwan would be resolved only by China, with the best possible peaceful efforts. However, we will never promise to renounce the use of force and reserve the right to exercise all other options at our disposal. Chinese President Xi Jinping […]
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