The Tamil Nadu government in considering an investment of worth $15 billion in the aerospace and defense department during the next 15 years to enable the State the most popular hub for both the sectors. When Nirmala Sitharaman revealed the most awaited desirous aerospace and defense policy, the Defence Minister investment of $15 billion was […]Continue Reading
Month: January 2019
American trade peacemakers were informed by two US business groups that the Hi-tech initiative of Beijing is moving ahead as illustrated in the Made in China 2015 plan. Made in China is a policy whose objective is to concentrate on the tasks that are assumed to be resumed by next week in an attempt to […]Continue Reading
After the banking and financial technology firms, the blockchain technology has found a new client in the automobile industry. SEAT, a Spanish car maker, has joined hands with the Alastria consortium to develop products and services based on blockchain technology. The carmaker is looking to develop a system for exchanging its various product and services […]Continue Reading
On Tuesday, the shares of the Asian countries collapsed, and the prices of oil further slipped down. This has led for discouragement about world growth, and a group of investors is staying away from the risky assets whereas sterling ticked lower during the recent twists and turns that appeared in the Brexit. After the announcement […]Continue Reading
Gita Gopinath, the Chief Economist of IMF in Davos on Monday signaled that due to weak global growth at a rate greater than expected the emerging economies are facing huge risks which are caused by weak capital flow mainly because of US activeness and due to a decrease in currency value. In 2018 the global […]Continue Reading
China’s leading mobile and online payments app Alipay has received e-money license in Luxembourg. Alipay already holds a license issued by Britain’s Financial Conduct Authority. Luxembourg, a small country between Belgium, Germany, and France gave Alipay the surety of uninterrupted and smooth business in the event of a strong exit of UK from the European […]Continue Reading
China which is the world’s second-largest economy grew by 6.6% which is slowest in 28 years. As per the latest official data released the economy lost its way further in the last quarter as the county tried to overcome the debt crises and the ongoing trade war with the United States. With that, there is […]Continue Reading
China has officially declared that its economy has grown at 6.6 percent in 2018. It is the slowest growth of the Chinese economy since 1990. The experts highly anticipated this official announcement all over the world amidst on-going talks with the United States on trade and tariffs. Economists also have predicted that the Chinese economic […]Continue Reading
The prices of oil hit its highest in 2019 as refinery processing data in China rose to a high in 2018. It brings a huge cheer to the industry as China which is the second largest economy in the world had a slowdown in 2018. The price rise is also partly because of the OPEC […]Continue Reading
This year’s World Economic Forum in Davos starts in a week with the theme being Globalization 4.0: Shaping a new architecture in the age of the fourth industrial revolution. Many top executives and leaders from around the world attend this conference every year, and ahead of this event, the WEF founder has advocated the heads […]Continue Reading