Can India become an economic superpower? Here’s what the data says.
India enjoys healthy relations with most major economies and is aggressively wooing large companies to set up factories in the country
Trade & Economy
India becomes Russia’s second largest trade partner
By IAR Desk According to Russia’s RIA Novosti, India has become the second largest trade
World Bank Projects Indian Economy Growth at 7.5% In 2024
The Indian economy is projected to grow at 7.5% in 2024, the World Bank has
Impact on commodities due to chaos in the Red Sea
According to shipping data provider AXSMarine, the number of tankers in the Suez canal fell over 50% in the week starting Jan. 15 compared to the previous week.
Iranian oil is quietly flooding into the global market again
The vast majority is flowing to China, as the world’s biggest importer scoops up cut-price barrels from the Islamic Republic.
China’s economy slows in May, more stimulus expected
By Reuters Beijing, June 15: China’s economy stumbled in May with industrial output and retail
Uzbekistan offers incentives to foreign residents for development of IT-services
In accordance with the Statistics Agency under the President of of Uzbekistan, in 2022, the
Apple eyes India, Vietnam to set up new factories after China unrest
The recent turmoil at China’s Zhengzhou ‘iPhone City’ plant propels Apple to shift its production.
Lured by a rising India, Central Asia rediscovers Iran’s Chabahar port
In the foreseeable future the usefulness of Iran’s Chabahar port and the INSTC for the landlocked Central Asian countries will triumph over those of other connectivity routes.
Tashkent hosts first ever International Investment Forum
Uzbekistan took a major step in 2017 when it lifted restrictions on the conversion of foreign currency and the repatriation of profits by foreign investors.