UK

Indonesia’s Economy Expected To Surpass Russia’s By 2026

Indonesia’s Economy Expected To Surpass Russia’s By 2026

The landscape of the global economy is changing every so often. Recently India surpassed the UK to become the 5th largest Nominal economy in the world. Now, according to the data from the IMF (International Monetary Fund) Indonesia is all set to surpass Russia to become the 6th largest economy in terms of PPP (Purchase…

UK-India Free Trade Agreement Yet To Be Finalised

UK-India Free Trade Agreement Yet To Be Finalised

In April of last year, Former British Prime Minister, Borris Johnson visited India where he signed a free trade agreement with India. The finalisation of the FTA (Free Trade Agreement) is taking longer than expected. The FTA was expected to be finalised by the end of October this year. According to the original deal, the…

UK Signs Deal With Tata Steel, “Will Create 4,000 Jobs”

UK Signs Deal With Tata Steel, “Will Create 4,000 Jobs”

UK’s prime minister Rishi Sunak signed a deal with Tata Steel that will help convert a coal-based steel plant in Port Talbot into a lower emission electric arc furnace. PM Rishi Sunak pointed out how this deal will help create more than 4,000 jobs for the British people and will also help in lowering the…

KKR Announced To Invest $450 Mn In HFE With Hero Group

KKR Announced To Invest $450 Mn In HFE With Hero Group

Kohlberg, Kravis Roberts & Co. (KKR) announced on Tuesday to invest $450 million, almost Rs. 3,585 crores, in Hero Future Energies (HFE). KKR is a Global Private Equity major which has deployed over $15 million globally to invest in renewable assets.  “This investment will position HFE for continued growth and support its efforts to expand…

India Becomes World’s 5th Largest Economy- Beats The UK 

India Becomes World’s 5th Largest Economy- Beats The UK 

India has left behind the United Kingdom to become the world’s 5th largest economy.  As per IMF projections, India is now following only the United States, China, Japan, and Germany in terms of economy.  A decade ago, India was ranked 11th position among the largest economies, while the United Kingdom ranked on fifth place. With…

Reliance Partners With UK Chain To Launch Sandwich And Coffee Chain India

Reliance Partners With UK Chain To Launch Sandwich And Coffee Chain India

After the fashion world, Reliance Brands Limited entered the Food & Beverages Space. On Thursday, the company announced a franchise partnership with ‘Pret A Manger’, a UK-based food and organic coffee chain, to launch and build British Sandwich and Coffee chain in India. Reliance is spreading its wings everywhere. Before this Reliance picked stakes in…