Japan PM Fumio Kishida Arrives India On Two-Day Visit
Japanese Prime Minister Fumio Kishida arrived in India on Monday for the summit and to explore ways to boost bilateral ties with India. Union Minister Rajeev Chandrashekar received PM Fumio Kishida from Delhi airport in the morning. During his two-day visit, he will meet India’s Prime Minister Narendra Modi to discuss India’s presidency for G-20…
Oil Prices Rise On Hope As China Started Reopening
Oil prices surged on Wednesday as the market was optimistic about the fuel demand since China continues to ease its COVID-19 restrictions. Brent futures for February delivery rose 31 cents to $84.64 a barrel, a 0.4% gain, by 0117 GMT. Besides, US crude advanced 22 cents or 0.3%, to $79.75 per barrel. Both standard prices…
Why Is COVID-19 Not Slowing Down In China? Key PointsÂ
China is continuously under lockdown due to continuous COVID-19 cases, but the country reported a massive surge in cases recently as the Chinese government lifted the three-year lockdown last month. Eric Feigl-Ding, an Epidemiologist and health economist, claimed that the hospitals in China had been completely overwhelmed since the restrictions dropped. He also predicted that…
India Ranked As World’s Second Largest Producer Of Steel
India’s steel production has broken the record of 120 million tonnes per year and becomes the world’s second-largest steel producer, according to the government. India is soon to double its steel production to 300 million tonnes per annum by 2030, said Steel Minister Jyotiraditya Scindia. “There has been a doubling in the last eight years…
Tata Group To Open Apple Stores Across The CountryÂ
Indian salt-to-software conglomerate Tata Group plans to open 100 Apple stores across the country, as per the reports. Tata Group’s Infiniti Retail, which runs the consumer electronics store chain Chroma, will be an authorised reseller of Apple products and set up stores in shopping malls, high streets, and other neighbour locations, the report said. For…
Idealizing China Won’t Save India From Slowdown in 2023
It is notable that the global slowdown has also arrived in India. Investments in factories, roads and other fixed assets are just less than 35% of domestic output, which has not changed in the last 10 years. Loan demand is growing so fast that deposits can’t keep up. How is India trying to cover up…
Amazon To Call-off Food Delivery Business In India Soon
Amazon is to shut down its food delivery services in India from December 29, the eCommerce giant announced on Friday. The company announced this after the winding down of its online learning platform for high-school students in the country. “As part of our annual operating planning review process, we have made the decision to discontinue…