US intensifies the trade war as effects become visible on China
United States will impose 10 percent tariff on 200 billion dollars worth of Chinese imports on 24th of September. The tariff will be increased to 25 percent by the end of ...
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CPEC is causing friction between Pakistan’s two major cities
After the election in Pakistan, the fight between Lahore and Karachi has come in media once again on allocation of China Pakistan Economic Corridor (CPEC) projects. Till now Lahore business lobby ...
India clears another major defence deal with Russia
The foreign policy of India has moved to realism where all that it seeks is self interest without aligning itself with any block or country. It has been just two weeks ...
Jaitley announces 5 measures to cut current account deficit, stabilize Rupee
On Friday night, Finance minister, Arun Jaitley announced five policy decisions to control widening Current Account Deficit (CAD) and rupee depreciation. The decision was taken following a meeting between PM Modi, ...
Trade wars with US brings Chinese economy to a screeching halt
The signs of distress are clearly visible in Chinese economy. The investment in housing, railways, factories and other fixed assets are down despite economic stimulus announced by the government. Fixed assets ...
IT sector witnesses phenomenal recruitment growth
Information Technology sector is considered the backbone of Indian exports and if this sector goes through optimism that means economy is poised to grow and export will increase in upcoming months. ...
Government plans geo-tagging to crackdown on shell companies
One thing the Modi government is most serious about is establishing rule of law in the corporate sector. The previous governments, despite having socialist outlook have allowed the corporate to laugh ...
ED dossier reveals how Mehul Choksi defrauded the banks
The Enforcement Directorate’s dossier has revealed the technicalities of the 2 billion dollars Punjab National Bank scam in which Mehul Chosksi, Nirav Modi and their families are prime accused. The 2 ...
Alibaba co-founder Jack Ma announces retirement plan
Alibaba, the Chinese e-commerce and digital payments giant will get a new leader by September next year. Founder and chairman of the company, Jack Ma (54) announced that Daniel Zhang (46) ...
The real reason behind the depreciation of Rupee
It is generally said that Economics is all about trade-offs. Individuals and institutions must give up something to get something and to become better off one must maximize their gains and ...
Google: The company that changed the world
Search Engine giant Google has completed two decades since its incorporation on September 4, 1998. Today the company will find a place in any ranking of the companies which changed the ...
Kotak Mahindra executive asks for RBI intervention with regard to rising yield of bonds in a unique way
Investors are hoping for central bank intervention to stop the rising bond yields. But RBI has not taken any strong action till now to prevent the fall of Rupee and investors ...
