The Asian giant has posted the best growth in the world in recent years: 5.5% on average, and it should move up a gear with its urbanization and modernization. But to ensure this, the country must invest in its infrastructure, to the tune of 840 billion dollars, estimates the World Bank. This is the condition […]
India to take over G20 presidency from December 1, 2022
Indian Prime Minister Narendra Modi will visit Indonesia for the G20 summit next week, where the official announcement of India’s chairmanship of the forum will be made. This is written by ANI, a partner of the TV BRICS network. Modi said that India will chair the G20 from December 1 and noted that this is […]
India introduces digital rupee
The Reserve Bank of India officially launched the digital rupee on Tuesday. At the first stage, it is available to a limited number of banks for transactions with government securities in the secondary market, writes the Indian business publication Business Standard. According to the Reserve Bank of India, the digital rupee will be tested for […]
India celebrates victory of Rishi Sunak
India is celebrating the victory of Rishi Sunak, who today, October 25, King Charles III of Great Britain has officially been appointed Prime Minister of the country. According to the Indian newspaper Dainik Jagran, “after so many years of enslaving England – into the hands of an Indian.” “The glory of India in the world […]
India continues to increase purchases of Russian oil
In September, India purchased 18% more Russian oil than in the previous month. This was reported by the Indian edition of The Economic Times. In particular, according to data from cargo tracking company Vortexa, Russia has become the second largest oil importer to India after Saudi Arabia. In September, Indian oil refiners bought 879,000 barrels […]
Indian Foreign Ministry reiterates position on Ukraine in response to question about mobilization in Russia
India has a clear and consistent position regarding respect for the sovereignty and territorial integrity of other countries, said Indian Foreign Ministry spokesman Arindam Bagchi. Thus, he answered the question about the introduction of partial mobilization in Russia. “India has repeatedly stressed the need for an immediate cessation of hostilities and the need to resolve […]
The Brief: India, only IPEF country to refrain from reporting on trade
India has decided not to participate in the joint statement on any of the 4 pillars of the US-led Indo-Pacific Economic Framework (IPEF). India’s trade minister has raised concerns about possible discrimination against developing economies. India has decided not to participate in the joint statement on any of the 4 pillars of the US-led Indo-Pacific […]
Apple the second most popular second-hand market brand in India
The funny thing is that the US firm barely has 2% of the market for new devices in that country. However, the brand has great appeal as a status symbol. Xiaomi is in first place, but could lose it very soon due to a decision by the Indian government. Cashify is an Indian company that […]
After wheat, India wants to restrict flour exports
Wheat exports were already cut sharply in May to bolster national food reserves, following global shortages and soaring prices following the war in Ukraine. India, the world’s second largest wheat producer after China, will impose new restrictions on flour exports to protect its domestic market, the Directorate General of Foreign Trade has said. Agreement required […]
India: heat wave leads to electricity shortage, “one of the deadliest combinations”
Summer started much earlier than expected this year in India and the consequences are still being felt. While a violent heat wave affects all of South Asia, impacting millions of inhabitants, energy demand has increased exceptionally, causing power cuts and a situation of shortage. Sharp decline in coal stocks India set its record high for […]