March 31st, 2020Chinese manufacturing starts working as authorities relaxed anti-disease controls and allowed factories to reopen after controlling the virus.
March 23rd, 2020IMF MD in a statement said the world economy is facing "severe" economic damage from the coronavirus pandemic that could be even more costly than in 2009.
June 26th, 2018India’s largest digital wallet company Paytm will now start offering life insurance cover of up to Rs 5 lakh to its offline partners and their staffs. One97 Communications, the parent company of Paytm, said that this effort will help in giving a push towards realizing India’s vision of the digital economy.
Paytm will offer life...
June 18th, 2018The Indian President, Ram Nath Kovind has stated that India is making its best possible efforts to become the world’s third-largest consumer market and an economy of $5 trillion by the year 2025.
At present, the economy of India has been estimated at $2.5 trillion. Before announcing this, the President brought in light the...
June 7th, 2018Global Investment Company Temasek and Singapore's Ascendas-Singbridge are looking forward to investing Rs. 2000 crore in India's industrial real estate and logistics sector.
It is interesting to note that Ascendas-Singbridge has launched an "Ascendas India Logistics Programme" which has Temasek as its principal investor.
Speaking...
April 17th, 2018Indian state-owned insurance and investment company, Life Corporation of India has booked record equity trading profits of Rs. 25,000 crore in 2017-18, much above Rs. 19,000 crores a year ago as informed by sources.
LIC is known to adhere equity assets including mutual funds and shares worth Rs. 5 trillion (until the end of December)...
April 17th, 2018The World Bank has predicted a growth rate of 7.3 percent for India for the current year and 7.5 percent for 2019 and 2020 and has observed that Indian economy has recovered from the effects of demonetization and Goods and Service Tax (GST).
In its South Asia Economic Focus Meet held twice a year, World Bank said,
Growth is expected...
April 15th, 2018Since the times, King Salman Bin Abdulaziz has ascended the oil kingdom's throne, Saudi Arabia has been undergoing major political and economic changes which have brought the possibility to question if the new prince is here to stay for long? He is the first grandchild of the founder King, Abdulaziz Al Saud.
Saudi Arabian Government...
