Under the Trump administration, US-India tensions have increased over each side’s tariff policies, a Congressional report has said, noting that the two sides have also held concerted negotiations to address these trade frictions. The bipartisan Congressional Research Service (CRS), in its latest report, pointed out that India’s recent tariff hikes on cell phones and other Read More…
School dropout Construction worker Zhong dethroned Ambani’s Asia Top wealth ranking
India’s market regulator SEBI has said on Friday it fined Reliance Industries 250 million rupees ($3.42 million) and its chairman Mukesh Ambani 150 million rupees, in relation to trading Reliance Petroleum shares. For more than a month facing brutal cold 35 farmers died in Delhi outskirts where they were agitating against Modi government farm laws Read More…
South Korean Mahindra’s subsidiary SsangYong Motor Company applied for bankruptcy
SsangYong Motor Company (SYMC), the South Korean subsidiary of Mahindra and Mahindra (M&M), on Monday informed the Korean Stock Exchange regarding the commencement of the rehabilitation procedure with the Seoul Bankruptcy Court, M&M said in a notification to the stock exchanges. The development comes a week after the struggling automaker missed the repayment of Rs Read More…
PMCares receives fund from Pakistan and China to be made public : Congress
In a series of tweets, Congress Senior leader Surjewala said, “The intriguing case of ‘foreign donations’, including from China, Pakistan and Qatar to PM Cares Fund Questions to Prime Minister Why did Indian Embassies publicise and receive donation to PM Cares Fund? Why was the fund advertised on banned Chinese apps?” “How much Read More…
40% women undergo domestic violence in Nepal Srilanka and Maldives : World Bank
Two out of five women in South Asia experience domestic partner violence, says World Bank The report was put down by Faris Hadad-Zervos, World Bank Country Director for Maldives, Nepal, and Sri Lanka. In that report a staggering two out of five women in South Asia have experienced intimate partner violence and COVID-19 Read More…
Post Bloomberg employee arrest Europe union asks China to release reporters
Haze Fan, who works for the Bloomberg News bureau in Beijing, was last in contact with one of her editors about 11:30am local time on December 7 The European Union has urged China to release all journalists and citizens held in connection with their reporting, following the detention of a Bloomberg News employee. Read More…
UK and Singapore inks FTA benefits £17 billion trade and services
Singapore signed a free trade agreement (FTA) with the United Kingdom on Thursday Dec 10 to ensure that companies from both countries continue to enjoy the same benefits that they are receiving under the Republic’s FTA with the European Union. The agreement will cover more than £17 billion (S$30.4 billion) of current bilateral trade Read More…
Indian Companies lead global manufacturing Covid-19 vaccines : Duke report
India has bought 1.6 billion doses of Covid-19 vaccines, which is more than any other country, according to a global analysis. India’s 1.6 billion doses would cover 800 million people, or 60 per cent of its population. India is the largest manufacturer of vaccines in the world, making 60 per cent of the Read More…
Biden Spoken on world intensely gazed USA relation with WHO , China , Paris Climate accord
US President-elect Joe Biden has said that he wants to make sure that China plays by the rules and announced that his administration will rejoin the World Health Organisation. Biden was responding to a question on Thursday about his remarks during the presidential debates that he wanted to punish China over the way Beijing Read More…
SaudiArabia Iraq open trade border at Arar after a period of three decades
For the first time in 30 years, Iraq and Saudi Arabia have opened the Arar border crossing for trade the Iraqi border ports commission has said in a statement, Al-Jazeera reported. Top officials, including Iraqi interior minister and the Saudi ambassador to Iraq, travelled from Baghdad to formally open Arar, where a line of Read More…