Berlin / Paris : The possibility of free trade negotiations between European Union and United States is “dead”, as accused by the leading European nations, France and Germany. Germany’s Minister of Economic Affairs and Vice-Chancellor, Sigmar Gabriel, said that the negotiations have de facto failed due to exorbitant demands and pressure from United States. The French […]
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The state of Jammu & Kashmir has suffered losses of around Rs6400 crores owing to curfew and separatist sponsored strikes since the past 49 days. J&K’s economy has tumbled due to unrest in five of its districts, post the killing of terrorist Burhan Wani. Hizbul Mujahideen commander Burhan Wani was killed in an encounter with […]
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Tokyo : With the concerns of increased security risks from China and North Korea, Japanese government has begun preparations to sanction a defense budget of $52 billion. A proposal to this effect will be presented in the Japanese parliament in the coming week. This defense budget includes expenses for production of military drones, upgradation of […]
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Riyadh/Moscow : In the light of the statements issued by Russia and Saudi Arabia, the world’s biggest oil producers , the prices of crude oil have soared. For the very first time after almost three weeks the rates of crude oil have touched $45 per barrel. On Monday, prices of crude oil were noted at $45.13 […]
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New Delhi : The Railway Budget, being presented for the last 92 years will be discontinued from the next financial year. The Railway Budget will be merged along with the 2017-18 Union Budget. Railway Minister Suresh Prabhu had earlier proposed to discontinue the separate Railway Budget and include it in the Union Budget itself. This proposal […]
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Beijing :Increasing debt, high dependence on government policies and financial aids, over-capacity production in the industrial sector are some of the factors that may have a negative impact on China’s economy; according to International Monetary Fund (IMF) report. IMF has indicated that if suitable economic developments are not done, China’s GDP could see a drop […]
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New Delhi : Japan’s decision to invest USD 25 billion in India will take Indo-Japanese ties to new heights said the Railway Minister Suresh Prabhu expressing his trust. He added further that India’s development projects would benefit immensely from this investment on Japan’s part. The bilateral relations between India and Japan have consistently been improving over the […]
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New Delhi – Lower House of the Indian Parliament, Lok Sabha cleared ‘Goods & Service Tax‘ bill (GST) after the Upper House Rajya Sabha, earlier gave a positive nod for it. Prime Minister Narendra Modi expressed confidence that GST would put an end to the tax terrorism and make consumer ‘The King’. PM Modi thanked […]
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Kandahar : The use of the Pakistani currency in everyday business transactions will henceforth be considered a serious crime in the Kandahar province of Afghanistan. General Abdul Raziq, the police chief of Kandahar also regarded as a powerful leader made the announcement. It is believed that this ban to be executed in the Kandahar province could […]
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New Delhi: Employees Provident Fund Organization (EPFO) had decided to invest in equity in a bid to increase the earnings on its funds and got the necessary approvals from the Central Government. It is learnt that EPFO has earned a return of 7.45% by investing in the Exchange Traded Funds (ETF) linked to the share market. […]
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