India

India #1 In Population: Exploring The Good And Bad

India #1 In Population: Exploring The Good And Bad

“India is projected to have a population of 1.66 billion by 2050, as per Business Standard.” Reports say that India’s population might already have exceeded that of China. While different predictions have slightly varying results, one thing is for sure. That India would be the world’s most populous nation by the end of April. The…

US Emerges As India’s Biggest Trading Partner For FY23

US Emerges As India’s Biggest Trading Partner For FY23

Recent reports have revealed that the US surpassed China and became India’s biggest trading partner in the financial year 2022-23. The data released by the Ministry of Commerce suggests that the bilateral trade between the US and India reached $119.42 billion from $80.51 billion in 2020-21. Exports increased to $76.11 billion from $51.62 billion in…

Japan PM Fumio Kishida Arrives India On Two-Day Visit

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…

Google India Fires Hundreds Of Employees: CEO Writes

Google India Fires Hundreds Of Employees: CEO Writes

Tech giant Google reportedly terminated 453 employees across various departments in India late at night on Thursday. The employees were informed about the termination via mail that Country Head and Vice President Sanjay Gupta sent.  Last month Alphabet Inc, the parent company of Google, announced that it would bring 12,000 employees or 6 per cent…

Oil Prices Rise On Hope As China Started Reopening

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 Points 

Why Is COVID-19 Not Slowing Down In China? Key Points 

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 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 Country 

Tata Group To Open Apple Stores Across The Country 

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…

Indian-Origin Sushmita Shukla Appointed As VP At FRB

Indian-Origin Sushmita Shukla Appointed As VP At FRB

Sushmita Shukla, an Indian-origin veteran of the Insurance Industry, has been appointed as the Vice President and Chief Operating Officer of the Federal Reserve Bank, New York. The appointment was approved by the Board of Governors of the Federal Reserve System, according to the news report.  Shukla is the first VP and COO of the…

Idealizing China Won’t Save India From Slowdown in 2023

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…