ECONOMIC CONFLICTS
Budget 2024: How Sitharaman can steer the trade ship amidst two wars and Red Sea crisis to achieve $2 tn export goal In the upcoming budget, key priorities for the export sector include boosting e-commerce exports through streamlined policies and infrastructure enhancements. Additionally, there is a push for Production Linked Incentive (PLI) schemes aimed at revit...
04 Jul, 2024, 01.06 PM ISTHas the global economic environment turned favourable for equities? Global economy's resilience amidst crises led to surprising growth stability and inflation control. Potential trade war threats loom, while equity markets soar to record highs, indicating positive economic outlook.
28 Jun, 2024, 11.13 AM ISTTaiwan urges citizens to avoid travel to China, Hong Kong Macao following Beijing threats Taiwan has advised its citizens to avoid travel to China, Hong Kong, and Macao following Beijing's threats to execute supporters of Taiwan's independence. This advisory was issued by Liang Wen-chieh, spokesperson and deputy head of the Mainland Affa...
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Chinese sailors wield knives, axe in disputed sea clash with Philippines In the South China Sea, Philippine naval vessels clashed with Chinese coast guard sailors near Second Thomas Shoal. This comes amid escalating tensions as Chinese forces brandished weapons and confiscated Philippine equipment. Manila accused Beijing...
20 Jun, 2024, 11.49 AM ISTG7 Summit: India to encourage peaceful resolution through dialogue, says PM Modi to Ukrainian President Zelenskyy Prime Minister Narendra Modi met with President Volodymyr Zelenskyy of Ukraine at the G7 summit in Italy, discussing ways to strengthen bilateral relations and addressing the ongoing Russia-Ukraine conflict. PM Modi reiterated India's commitment to ...
14 Jun, 2024, 06.31 PM ISTUkraine summit attracts world leaders but fails to isolate Russia U.S. Vice President Kamala Harris, French President Emmanuel Macron and the leaders of Germany, Italy, Britain, Canada and Japan are among those set to attend the June 15-16 meeting at the Swiss mountaintop resort of Buergenstock.
14 Jun, 2024, 05.36 PM ISTAmid run-ins with Philippines, China says US provoking arms race in South China Sea "At present, the biggest security challenge in the South China Sea comes from outside the region," Chinese Vice Foreign Minister Sun Weidong said in comments published by his ministry, after attending a meeting on East Asian cooperation in Laos.
09 Jun, 2024, 11.57 PM ISTPutin says Russia could deploy missiles in striking distance of the West Russian President Vladimir Putin warned of deploying missiles near the US and its allies if Ukraine uses Western weapons. He emphasized Russia's nuclear capabilities and criticized NATO's stance on the conflict.
06 Jun, 2024, 06.39 AM ISTRay Dalio flags US-China ‘Economic Warfare’ among top global risks Looking back in history, “economic warfare precedes military warfare,” he said. While most likely there will be no imminent form of military conflict, on the issue of Taiwan, the one-China policy “will not go on forever.”
05 Jun, 2024, 02.24 PM ISTUS risks a ‘Forever’ trade war with China, says Economist Stephen Roach The US is erecting new trade barriers that will hold back China’s sales of key products like electric vehicles, accusing Beijing of building excess capacity using state subsidies and flooding global markets with cheap products.
03 Jun, 2024, 10.16 AM ISTSuits & Sayings: Partnership in Peril ET’s roundup of the wackiest whispers and murmurs in corporate corridors & policy parlours.
30 May, 2024, 07.09 PM ISTKazakhstan President bats for dialogue & diplomacy on Ukraine akin to India’s position India's stance on the Ukraine conflict has garnered praise from various sources. During a recent trip to Singapore, the President of Kazakhstan, a neighbor of Russia, echoed India's position and elucidated why his nation opted for neutrality. This m...
30 May, 2024, 11.47 AM ISTThe business ties that bind the U.S. and China are strong but fraying Many big U.S. companies depend on China for a substantial part of their income and rely on Chinese suppliers and factories for their products.
27 May, 2024, 10.06 AM ISTDespite $125 billion debt, why is Pakistan increasing its defence budget to 18000 crore rupees Pakistan faces economic strain with a $124.5 billion foreign debt, 42% of its GDP. It boosts military capabilities through major arms imports, mainly from China, accounting for 82% from 2019 to 2023. Despite economic woes, it increases defense spend...
13 May, 2024, 02.32 PM ISTManipur's proactive initiatives to rebuilding lives and communities affected by the conflict State Government of Manipur initiates diverse relief efforts, including skill training in hospitality and healthcare restoration for ethnic conflict victims. Emphasis on long-term solutions to foster societal well-being and economic growth in the re...
10 May, 2024, 09.21 PM ISTGold prices tick higher on US rate cut bets Data on Friday showed job growth in the U.S. slowed more than expected in April, while the increase in annual wages fell below 4.0% for the first time in nearly three years.
07 May, 2024, 08.01 AM IST'Situation in Gaza obviously is a catastrophe by every measure': Saudi FM at global economic summit Saudi Arabia on Sunday said the international community has failed Gaza and reiterated its call for a Palestinian state at a global economic summit attended by a host of mediators. "The situation in Gaza obviously is a catastrophe by every measure -...
29 Apr, 2024, 12.12 PM IST"The world gained from a peace dividend after USSR’s decline— that calm is shrinking now...": Kenneth Rogoff Kenneth Rogoff, former chief economist of the IMF and Maurits C. Boas Chair of International Economics at Harvard University, discusses the record rise in military expenditure worldwide. He argues that military spending is not good for growth or con...
25 Apr, 2024, 11.00 PM ISTWider conflict in the Middle East may lead to rise in inflation: BoB Report Tensions between Israel and Iran have created uncertainty and volatility in global markets. Asian markets are down, currencies are weaker, and oil prices have risen. India's Sensex has declined in the past four sessions, affecting consumer durables ...
19 Apr, 2024, 03.37 PM ISTIndia says it is ready to mitigate economic impact of Iran-Israel conflict India's Finance Minister, Nirmala Sitharaman, has stated that the country is prepared to mitigate the impact of the Iran-Israel conflict on its economy and will remain alert. While the conflict has not significantly impacted global oil prices, any e...
18 Apr, 2024, 05.22 PM IST