World economy
US announces Indo-Pacific initiatives to counter China
31 Jul 2018
The new initiatives covering technology, energy and infrastructure aim at accelerating United States’ private sector involvement in the region and supporting more US export opportunities
Iranian rial falls below 110,000 a dollar as US sanctions loom
30 Jul 2018
Tehran tried to fix the rate at 42,000 rials per dollar in April, and threatened crackdown on black marketers, but trade worries about a prolonged economic downturn continued to hurt the rial
Donald Trump says 'vicious' China targeting US farmers
28 Jul 2018
China has instead accused US President Donald Trump of aggressive trade actions that would render several Chinese companies bankrupt
Modi calls for technology-led growth for expanded BRICS cooperation
27 Jul 2018
India wants to work with other BRICS nations on the fourth industrial revolution, which fuses technologies and blurs the lines between physical, digital and biological spheres, Modi said, and called for sharing the best practices and policies in the area
US, EU in trade talks; Trump offers $12 bn to farmers hit by China row
26 Jul 2018
President Donald Trump seems to have climbed down from his initial stance, when he said at a Nato summit in Brussels that both the US and EU aim to avert a trade war before the two sides meet for talks in Washington
Migrating under entrepreneur programs can be big plus for SMEs
26 Jul 2018
Migrating to foreign shores is almost a must for Indian small or medium enterprises, as it offers many advantages like fresh markets, ease of doing business, a buffer against domestic shocks, and not least, a better future for one’s kids, says Ajay Sharma, president of visa consultancy Abhinav Outsourcings
Imran Khan’s PTI leads in Pak polls, rivals allege vote rigging
26 Jul 2018
The counting process is being carried out behind closed doors and changes are being made to Form-45, PML-N spokesperson Marriyum Aurangzeb told reporters
CPEC: Bounced cheque stalls road projects in Pakistan
24 Jul 2018
Reports said work on seven CEPC highway portions covering 400-km on the Hakla-Dera Ismail Khan, the Western Route and all sections of the Karachi-Lahore Motorway (KLM) are hit by the financial crunch
Trump willing to hit all Chinese goods with high tariffs: report
21 Jul 2018
Chinese exports to the US hit $505.5 billion in 2017, against US exports of $129.9 billion to that country, which left the US with a trade deficit of $375.6 billion
US sanctions on Iran and its cascading effect on India
18 Jul 2018
While India's official stand is that it 'follows only UN sanctions, and not unilateral sanctions by any country', the oil ministry has nonetheless asked refiners to drastically reduce or end import of Iranian oil by the US-set deadline of 4 November. A better option might be to revive the credit and rupee-rial payment mechanisms that were used earlier, says Abhishek Bansal, founder and chairman, ABans Group
Trump says he "misspoke" in Helsinki
18 Jul 2018
Faced with a wave of criticism, both at home and abroad, over his statements at the Helsinki summit, President Trump said he accepts the conclusion of the US agencies that Russia meddled in the 2016 US elections
Donald Trump, Vladimir Putin meet in summit; eye a new era
16 Jul 2018
President Donald Trump said he wanted good relations with Russia, and blamed Washington’s own past “foolishness and stupidity” for the countries’ hostile ties
US announces fresh tariffs on $200 bn worth of Chinese goods
11 Jul 2018
The new list of goods that would face 10 per cent punitive duties includes frozen meats, live and fresh fish and seafood, butter, onions, garlic and other vegetables, fruits, nuts, metals, and a massive list of chemicals, as well as tires, leather, fabrics, wood and papers
Theresa May opts for a soft Brexit with an EU-UK Free Trade Area
09 Jul 2018
Post Brexit, Britain will remain closely aligned to the EU’s single market on agriculture and goods via a “common rule book” and a “combned customs territory”, but the services sector will be excluded from this FTA