Moscow: The United States and European countries had accused Russia of causing a serious starvation crisis around the globe by invading Ukraine. But Russian President Vladimir Putin has slammed the West for having imposed the Ukraine conflict and the subsequent sanctions on Russia. The Russian President also stated that Russia could export fertilisers and food […]
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Jerusalem: – There was a whopping 36% increase in the Israeli defence exports given the increasing demand for the air defence systems and missiles. United Arab Emirates (UAE) and Bahrain have started large scale purchases of weapons from Israel. The Israeli defence ministry revealed this information. UAE and Bahrain are among the countries that have […]
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New Delhi – Union Minister for Commerce and Industry, Piyush Goyal, had expressed confidence that the Indian trade exports will cross $400 billion in the year ending on 31st March 2022. But TV Narendran, President of Confederation of Indian Industry (CII), has expressed confidence that the country’s trade exports can reach $1 trillion in the […]
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Washington: – Even though the ‘Energy Crisis’ unfolding at the international level, the United States has emerged as the largest exporter of Liquified Natural Gas (LNG). The United States has surpassed Australia and Qatar, the leaders in LNG exports. In 2018, the United States also became the highest producer of crude oil. The United […]
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Beijing: International arms exports from China have been declining. Analysts say restrictions on China’s imports by four of the world’s leading arms importers are the main reason. These countries include India, Australia, South Korea and Vietnam. Vietnam recently signed a defence cooperation agreement with Japan to counter China. A report on arms exports by the […]
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Exports up by 85.36% year on year India surpasses even big economies in export growth New Delhi – Minister of Commerce and Industry Piyush Goyal said that the Indian economy is on the right track despite the Coronavirus pandemic, which is underlined by the record growth in exports in the first quarter. The merchandise exports […]
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New Delhi: – The Indian pharmaceutical sector, known as the pharmacy of the world, has taken a significant leap because of the Coronavirus pandemic. In the year 2020-21, the pharma industry exports were a whopping USD 24.44 billion. While there is a fall of one or two percent globally, the Indian pharma industry has recorded […]
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Sana/Riyadh: – The Houthi rebels, who dismissed the ceasefire proposal presented by Saudi Arabia, launched fierce drone attacks on a Saudi oil terminal and military bases. Saudi government informed that a tank filled with oil caught fire in the attack. Saudi, infuriated by the attacks, has warned of a strong retaliation against the missile and […]
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New Delhi: – Minister of State for Defence, Shripad Naik, informed, while answering a question in the Lok Sabha, that India has made huge exports of defence equipment over the last five years. Naik clarified that the names of the countries could not be disclosed for policy reasons. Defence equipment exports have started on a […]
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Bengaluru: The government has set a goal to reduce imports of defence equipment by $2 billion by 2022. For this indigenous manufacture of defence, equipment is being encouraged. 137 projects for defence equipment manufacture, with a cost outlay of $37 billion have been approved between 2016 and 2019. Defence Minister Rajnath Singh said that if […]
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