IT sector layoffs a cause for concern for real estate industry

IT sector layoffs a cause for concern for real estate industry

Mumbai: The IT industry in India which has seen an upsurge in the last few years, is however currently being faced with challenging financial headwinds. Under such circumstances, these challenges are leading the ‘IT’ sector companies to lay off their employees. While such fears are being voiced a new concern of its consequences affecting the […]

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Kuwait prohibits admission of 5 countries including Pakistan

Kuwait prohibits admission of 5 countries including Pakistan

Kuwait City : After Donald Trump banned Visa for seven Muslim-majority countries, a decision that was internationally condemned, Kuwait too has banned Visa for five Muslim-majority countries. Among which are Pakistan, Iraq, Iran, Syria and Afghanistan. Kuwait attributed this decision to the instability of these nations.  A renowned Gulf newspaper reported about Kuwait’s ban on […]

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India and Japan sign the civil nuclear agreement

India and Japan sign the civil nuclear agreement

Tokyo – India and Japan have signed the civil nuclear energy agreement. During the Japan visit of Prime Minister Narendra Modi, both the countries have agreed upon 10 cooperative deals which include sectors like development of fundamental amenities, Space exploration, agriculture, etc. But the civil nuclear agreement between the two countries has drawn most attention. […]

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All illegal immigrants coming to the US would be tracked: Republican Presidential candidate Donald Trump

All illegal immigrants coming to the US would be tracked: Republican Presidential candidate Donald Trump

Washington: All the immigrants and refugees currently residing in the US will be tracked and those with criminal background will be immediately deported, said the US Republican Presidential candidate Donald Trump. He reiterated the stance to build a ‘Wall’ at the US- Mexican border. Donald Trump, the Republican Party candidate for the US Presidential elections […]

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Economic Corridor

Economic corridors are integrated networks of infrastructure within a geographical area designed to stimulate economic development.Corridors may be developed within a country or between countries. Corridors exist in Asia, Africa, and other areas. Economic corridors often feature integrated infrastructure, such as highways, railroads and ports, and may link cities or countries. Corridors may be created […]

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Turkish foreign minister in verbal duel with Austrian counterpart over migrant crisis

Turkish foreign minister in verbal duel with Austrian counterpart over migrant crisis

The way events have unfolded recently, the issue of the migrant deal struck between Europe and Turkey appears to have come back on the anvil. Following the aggressive stance taken by the President of the European Commission and by the German Vice Chancellor on this issue, the Austrian Foreign Minister too has entered the fray. […]

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Indian govt provides timely aid to stranded Indians in Saudi, Kuwait; Foreign Minister declares ‘Mission Accomplished’

Indian govt provides timely aid to stranded Indians in Saudi, Kuwait; Foreign Minister declares ‘Mission Accomplished’

New Delhi : A large number of Indians have lost their jobs in Saudi Arabia and Kuwait. Their employers have not paid wages and abruptly closed down their factories. Saudi Arabia is facing an economic slowdown triggered by low oil prices. The falling oil prices have forced the Saudi government to heavily slash its spending, thus […]

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On expelling of Chinese journos, China’s Global Times warns India of dire consequences

On expelling of Chinese journos, China’s Global Times warns India of dire consequences

Beijing : India expelled 3 senior Chinese journalists employed at ‘Xinhua News Agency,’ by refusing to renew their work visas. The journalists have been ordered to leave the country by 31st July.  No official reason was given for the Indian government’s decision, but sources said the three were indulging in activities beyond their journalistic brief. […]

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Turkey widens action against rebels

Turkey widens action against rebels

Ankara : The Turkish government proclaimed that it will weed out each and every person involved in the coup against President Erdogan.  In the ruthless operations being carried out by the loyal Turkish forces, 50,000 people had already been taken captive by Wednesday. The held include many teachers and it is claimed that the operations will […]

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EU may collapse any time: IMF

EU may collapse any time: IMF

Washington: The International Monetary Fund (IMF) has cautioned that post ‘Brexit’, the EU may face financial anarchy; and circumstances may lead to the fall in the Euro. If efforts are not made to resolve the conflict, then the current situation of political instability may worsen, owing to which the EU may collapse any time. The IMF had […]

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