Discussions between US President & Crown Prince of Saudi Arabia

Discussions between US President & Crown Prince of Saudi Arabia

Washington : ‘Mohammed bin Salman’ the crown prince of Saudi Arabia, met the US President Barack Obama during his recent visit to the United States of America. During the meeting Obama and the Saudi prince discussed a wide range of issues, including Washington-Riyadh bilateral relations as well as developments in the Gulf. On the backdrop of […]

Read More »

Crude oil price shoots up again; US crude rates cross $50/barrel

Crude oil price shoots up again; US crude rates cross $50/barrel

London / New York (News agency): The price of oil has bounced up again attributing to factors like recently held unsuccessful meeting of ‘OPEC’, Nigerian oil pipeline attacks and uncertainty in decision of the Federal Reserve. Brent crude oil as well as US crude oil rates have crossed $50/barrel again. These rates are the highest in […]

Read More »

India could be fulcrum of global economy: Finance Minister Arun Jaitley

India could be  fulcrum of global economy: Finance Minister Arun Jaitley

‘With China’s economic slowdown, the global economy feels afresh, the need of a pivot and India could play this very role, that of the fulcrum of the global economy’, said the Finance Minister Arun Jaitley expressing his confidence.  Addressing investors during his visit to Japan, Jaitley claimed that India’s economic development program would pick up […]

Read More »

China devalues its ‘Yuan’

China devalues its ‘Yuan’

Beijing/Washington, Dt.30 (News agency) – Just as the G-7 summit, held recently in Japan, concluded by proclaiming an end to the currency war, China declared the devaluation of its currency the ‘Yuan’. In the week of the summit itself, the Chief of the U.S. Federal Reserve, Mr. Janet Yellen signalled the hiking of interest rates. […]

Read More »